NOT LISTED FOR SALE

1125 Locust Dr Martinsville, IN 46151

Estimated Value: $319,231 - $364,000

3 Beds
2 Baths
1,780 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $168,000 $94 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,931/month

198 Days on Market

Highlights

  • Lake Front
  • English Architecture
  • Forced Air Heating and Cooling System
  • Family Room with Fireplace
  • Outdoor Storage
  • Garage

About This Home

As of June 2016

Don't miss this 3 BR 2 BA lakefront home! Whether it's skiing/tubing, catching Bass, Bluegill, or Catfish from your private dock or simply relaxing in the hammock enjoying everything nature has to offer, this clean 100 acre lake is perfect! A hidden gem located less than a mile from SR 67 and minutes from Martinsville.

Last Agent to Sell the Property

Justine St. Arnaud

Circle Real Estate Listed on: 11/06/2015

Last Buyer's Agent

Lindsey Smalling

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $342

Year Built

  • Built in 1968

Lot Details

  • 0.36 Acre Lot
  • Lake Front

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 1,780 Sq Ft Home
  • Multi-Level Property
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank

Community Details

  • Lake Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550929155013000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$342

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: English/Tudor
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1968
  • Garage Y N: Yes
  • Lot Size Acres: 0.357
  • Subdivision Name: LAKE EDGEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Don't miss this 3 BR 2 BA lakefront home! Whether it's skiing/tubing, catching Bass, Bluegill, or Catfish from your private dock or simply relaxing in the hammock enjoying everything nature has to offer, this clean 100 acre lake is perfect! A hidden gem located less than a mile from SR 67 and minutes from Martinsville.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Walk-Out Access, Finished Walls
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Family Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Screens Complete
  • Living Area: 1780
  • Other Equipment: Central Vacuum
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1156
  • Main Level Sq Ft: 0
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1780
  • Below Grade Sq Ft: 624
  • Upper Level Sq Ft: 1156
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick, Shingle/Shake
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck UP,Porch Open

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Guest Parking Premises,Guest Street Parking

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Propane

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550929155013000014
  • Acres: <1/4 Acre
  • Lot Information: Lakefront
  • Lot Number: 87
  • Lot Size: 15,552

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 342
  • Semi Annual Property Tax Amt: 171
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Jun 10, 2016
Sold by
Riddle Stephen W
Bought by
Wood Adam Gabriel
Seller's Agent
Justine St. Arnaud
Circle Real Estate
Buyer's Agent
Lindsey Smalling
F.C. Tucker Company
List Price
$199,900
Sold Price
$168,000
Premium/Discount to List
-$31,900
-15.96%
Current Estimated Value
$343,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,808
Avg. Annual Appreciation
7.97%
Original Mortgage
$164,957
Outstanding Balance
$132,556
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$211,252

Purchase Details

Closed on
Jul 16, 2010
Sold by
Riddle Stephen W
Bought by
Riddle Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Wood Adam Gabriel -- Chicago Title Company Llc
Riddle Stephen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Adam Gabriel $164,957
Previous Owner Riddle Stephen W $126,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $168,000 0.0% $94 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/02/2016 05/02/16 Off Market $168,000 -- --
02/09/2016 02/09/16 Price Changed $180,000 -10.0% $101 / Sq Ft
11/06/2015 11/06/15 For Sale $199,900 -- $112 / 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 $1,535 $249,200 $70,000 $179,200
2023 $1,761 $237,300 $58,000 $179,300
2022 $1,243 $166,500 $23,500 $143,000
2021 $471 $137,600 $23,500 $114,100
2020 $979 $137,100 $23,500 $113,600
2019 $1,066 $139,300 $23,500 $115,800
2018 $1,156 $148,700 $23,500 $125,200
2017 $528 $148,300 $23,500 $124,800
2016 $1,129 $142,200 $23,500 $118,700
2014 $342 $132,200 $23,500 $108,700
2013 $342 $140,600 $23,500 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21386571

MIBOR Broker Listing Cooperative®

APN: 55-09-29-155-013.000-014