NOT LISTED FOR SALE

1017 S Old Morgantown Ln Martinsville, IN 46151

Estimated Value: $494,000 - $660,000

4 Beds
2 Baths
4,384 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $282,000 $64 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,435/month

89 Days on Market

Highlights

  • 15.8 Acre Lot
  • Vaulted Ceiling
  • Log Cabin
  • Wood Burning Stove
  • Pole Barn
  • Bar Fridge

About This Home

As of August 2012

Relax and enjoy your very own private lake nestled on over 15 acres. Dream of sipping coffee overlooking your lake and not seeing a neighbor? Look no more. Enjoy this amazing 4384 square foot estate with a walk out bsmt, massive bedrooms,and amazing views from every window. The hobby rm is ventilated to the outside so wood working is dustless. The huge pole barn is ideal for your big boy toys! Boat, Rv, tractors, mowers, ATV's...they will all fit. Entertaining is super easy in this home.

Last Agent to Sell the Property

Michelle Chandler

Keller Williams Indy Metro S License #RB14035890 Listed on: 03/22/2012

Keller Williams Indy Metro S

Last Buyer's Agent

Michelle Chandler

Keller Williams Indy Metro S License #RB14035890 Listed on: 03/22/2012

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1988

Lot Details

  • 15.8

Home Design

  • Log Cabin
  • Rustic Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Purifier
  • Septic Tank
  • High Speed Internet

Additional Features

  • Pole Barn
  • 15.8 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 551409100002000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log, Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1988
  • Garage Y N: Yes
  • Lot Size Acres: 15.8
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Relax and enjoy your very own private lake nestled on over 15 acres. Dream of sipping coffee overlooking your lake and not seeing a neighbor? Look no more. Enjoy this amazing 4384 square foot estate with a walk out bsmt, massive bedrooms,and amazing views from every window. The hobby rm is ventilated to the outside so wood working is dustless. The huge pole barn is ideal for your big boy toys! Boat, Rv, tractors, mowers, ATV's...they will all fit. Entertaining is super easy in this home.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Bar Fridge, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Wet Bar
  • Living Area: 4384
  • Other Equipment: Smoke Detector, Water Purifier, Water-Softener Owned
  • Room Count: 10
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Bar,Center Island,Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3072
  • Main Level Sq Ft: 1760
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level,Bedroom, Split,Closet Walk in
  • Total Sq Ft: 4384
  • Below Grade Sq Ft: 1312
  • Upper Level Sq Ft: 1312
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Wood Stove
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551409100002000012
  • Acres: 10-20 Acres
  • Lot Information: Lakefront,Tree Mature,Trees Small,Wooded
  • Lot Number: 1-2-3
  • Lot Size: 15.82 Acres

Tax Info

  • Tax Annual Amount: 1416
  • Semi Annual Property Tax Amt: 708
  • Tax Exemption: None

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Aug 6, 2012
Sold by
Wilson Mark C
Bought by
Cottongim Andrew W and Cottongim Laura M
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
Michelle Chandler
Keller Williams Indy Metro S
List Price
$282,000
Sold Price
$282,000
Current Estimated Value
$588,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,785
Avg. Annual Appreciation
5.72%
Original Mortgage
$229,600
Outstanding Balance
$158,906
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$429,879
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cottongim Andrew W -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottongim Andrew W $229,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2012 08/06/12 Sold $282,000 0.0% $64 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $282,000 -- $64 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,061 $547,600 $126,800 $420,800
2023 $3,219 $537,100 $126,800 $410,300
2022 $3,114 $484,800 $126,800 $358,000
2021 $2,164 $373,700 $75,400 $298,300
2020 $1,871 $355,600 $75,400 $280,200
2019 $1,883 $348,900 $75,400 $273,500
2018 $1,752 $337,400 $74,400 $263,000
2017 $1,788 $334,100 $74,400 $259,700
2016 $1,607 $296,200 $71,400 $224,800
2014 $1,272 $292,600 $71,400 $221,200
2013 $1,272 $302,800 $71,400 $231,400
Source: Public Records

Agents Affiliated with this Home

  • Michelle Chandler

    Seller's Agent in 2012

    Michelle Chandler

    Keller Williams Indy Metro S

    (317) 413-8352

    854 Total Sales

    Michelle Chandler
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21167024

MIBOR Broker Listing Cooperative®

APN: 55-14-09-100-002.000-012

Indiana Morgan County Martinsville 46151

1017 S Old Morgantown Ln, Martinsville, IN

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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