B
Seller's Agent in 2025
Brittany McWilliams
Daniels Real Estate
(317) 695-7695
4 in this area
47 Total Sales
1125 Observatory Rd Martinsville, IN 46151
4
Beds
4
Baths
3,840
Sq Ft
11.26
Acres
Highlights
- 11.26 Acre Lot
- Ranch Style House
- No HOA
- Wooded Lot
- Wood Flooring
- 2 Car Attached Garage
About This Home
As of August 2025Tucked 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.
Last Agent to Sell the Property
Daniels Real Estate 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
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Tray Ceiling
- Gas Log Fireplace
- 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
- 9 Foot Basement Ceiling Height
- Sump Pump
- Crawl Space
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
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2020
Closed on
Apr 3, 2020
Sold by
Eiteljorge Virgil E and Eiteljorge Theresa A
Bought by
Smoot James and Smoot Denise
Seller's Agent
Ben Mobley
Carpenter, REALTORS®
Buyer's Agent
Patrick Bragg
F.C. Tucker Company
List Price
$450,000
Sold Price
$429,500
Premium/Discount to List
-$20,500
-4.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$408,025
Outstanding Balance
$361,461
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$326,104
Purchase Details
Closed on
Oct 31, 2007
Sold by
Bone John B and Bone Angi O
Bought by
Eiteljorge Virgil E and Eiteljorge Theresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
6.31%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $408,025 | New Conventional | |
| Previous Owner | $270,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $699,900 | 0.0% | $182 / Sq Ft | |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- | |
| 07/26/2025 07/26/25 | For Sale | $699,900 | 0.0% | $182 / Sq Ft | |
| 07/26/2025 07/26/25 | Pending | -- | -- | -- | |
| 07/19/2025 07/19/25 | Price Changed | $699,900 | -1.4% | $182 / Sq Ft | |
| 07/14/2025 07/14/25 | Price Changed | $709,900 | -0.7% | $185 / Sq Ft | |
| 07/06/2025 07/06/25 | Price Changed | $715,000 | -1.4% | $186 / Sq Ft | |
| 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 | View Prior Sale |
| 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®
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Brittany McWilliams
-
Angel Dean
Buyer's Agent in 2025
Angel Dean
F.C. Tucker Company
(317) 752-0355
1 in this area
50 Total Sales
-
Ben Mobley
B
Seller's Agent in 2020
Ben Mobley
Carpenter, REALTORS®
1 in this area
32 Total Sales
-
P
Buyer's Agent in 2020
Patrick Bragg
F.C. Tucker Company
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22047237
APN: 55-05-22-400-014.003-006
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