1125 Observatory Rd Martinsville, IN 46151
Estimated payment $4,310/month
Total Views
2,354
4
Beds
4
Baths
3,840
Sq Ft
$189
Price per Sq Ft
Highlights
- Very Popular Property
- Deck
- Ranch Style House
- 11.26 Acre Lot
- Wooded Lot
- Wood Flooring
About This Home
Tucked away on 11.25 wooded acres in Martinsville, this beautifully updated all-brick home offers the perfect blend of privacy, space, and modern comfort. With over 4,000 square feet, the home features 4 bedrooms, 2 full and 2 half bathrooms, a finished walkout basement, and full-length decks on both levels to enjoy the peaceful surroundings. Recent updates include a new furnace, heat pump, water softener, appliances, and sleek quartz countertops in the kitchen and baths. The remodeled primary bathroom boasts a walk-in rain shower, and the detached garage comes equipped with a 30 Amp RV hookup. If you're looking for a private retreat with room to spread out, entertain, and enjoy nature - this is it.
Listing Agent
Daniels Real Estate Brokerage Email: brittany@danielsrealestate.com License #RB21002690 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,428
Year Built
- Built in 2003
Lot Details
- 11.26 Acre Lot
- Rural Setting
- Wooded Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Tray Ceiling
- Gas Log Fireplace
- Thermal Windows
- Entrance Foyer
- Great Room with Fireplace
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- 9 Foot Basement Ceiling Height
- Sump Pump
- Crawl Space
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating System
- Heat Pump System
- Heating System Powered By Owned Propane
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 550522400014003006
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,428 | $580,200 | $135,000 | $445,200 |
| 2023 | $3,209 | $564,800 | $135,000 | $429,800 |
| 2022 | $2,928 | $545,300 | $135,000 | $410,300 |
| 2021 | $2,269 | $459,400 | $110,600 | $348,800 |
| 2020 | $1,766 | $392,100 | $81,900 | $310,200 |
| 2019 | $1,651 | $340,300 | $81,900 | $258,400 |
| 2018 | $1,502 | $321,900 | $81,900 | $240,000 |
| 2017 | $1,474 | $320,000 | $81,900 | $238,100 |
| 2016 | $1,395 | $293,100 | $81,900 | $211,200 |
| 2014 | $1,054 | $287,300 | $81,900 | $205,400 |
| 2013 | $1,054 | $301,400 | $81,900 | $219,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | For Sale | $725,000 | +68.8% | $189 / Sq Ft |
| 04/13/2020 04/13/20 | Sold | $429,500 | -2.4% | $106 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | Price Changed | $440,000 | -2.2% | $108 / Sq Ft |
| 02/01/2020 02/01/20 | For Sale | $450,000 | -- | $111 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Company Llc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,500 | New Conventional | |
| Closed | $408,025 | New Conventional | |
| Previous Owner | $241,000 | New Conventional | |
| Previous Owner | $274,725 | FHA | |
| Previous Owner | $270,750 | New Conventional | |
| Previous Owner | $96,000 | Stand Alone Second |
Source: Public Records
Similar Homes in Martinsville, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22047237
APN: 55-05-22-400-014.003-006
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