NOT LISTED FOR SALE

1267 W Ritter Dr Martinsville, IN 46151

Estimated Value: $405,000 - $516,673

2 Beds
2.5 Baths
2,764 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $240,000 $87 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,544/month

47 Days on Market

Highlights

  • Above Ground Pool
  • Spanish Architecture
  • 2 Car Detached Garage
  • 15.07 Acre Lot
  • Wood Frame Window
  • Tray Ceiling

About This Home

As of November 2018

SPANISH STYLE 2 bedroom home with WALKOUT FINISHED BASEMENT & LOFT in Master! GORGEOUS SCENERY with 15.07 ACRES...mature trees & wooded! HUGE! Master suite with walk-in closet, private balcony, double sinks, & garden tub! Potential In-Law quarters too! Above ground pool and 2-car detached garage with workshop! Home needs some TLC but has great potential.

Last Agent to Sell the Property

Jamie Shurig

@Home Indiana License #RB15000935 Listed on: 09/12/2018

Last Buyer's Agent

Gwenn Richard

The Stewart Home Group

The Stewart Home Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1946

Lot Details

  • 15.07

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Spanish Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,764 Sq Ft Home
  • Woodwork
  • Tray Ceiling
  • Gas Log Fireplace
  • Wood Frame Window
  • Window Screens
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Fireplace in Basement
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Free-Standing Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Monitored
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Baseboard Heating
  • High-Efficiency Water Heater
  • Septic Tank
  • Multiple Phone Lines
  • Satellite Dish

Additional Features

  • Above Ground Pool
  • 15.07 Acre Lot

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 550929300016000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1946
  • Garage Y N: Yes
  • Green Energy Efficient: Water Heater
  • Lot Size Acres: 15.07
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: SPANISH STYLE 2 bedroom home with WALKOUT FINISHED BASEMENT & LOFT in Master! GORGEOUS SCENERY with 15.07 ACRES...mature trees & wooded! HUGE! Master suite with walk-in closet, private balcony, double sinks, & garden tub! Potential In-Law quarters too! Above ground pool and 2-car detached garage with workshop! Home needs some TLC but has great potential.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Appliances: Dryer, Free-Standing Freezer, Common Laundry, Microwave, Gas Oven, Range Hood, Refrigerator, Washer
  • Levels: 1 Leveland + Loft
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Tray Ceiling(s), Walk-in Closet(s), Screens Some, Windows Wood, Wood Work Painted
  • Living Area: 2764
  • Other Equipment: Intercom, Network Ready, Multiple Phone Lines, Satellite Dish Rented, Security Alarm Monitored, Smoke Detector
  • Room Count: 7
  • Areas Interior: Great Room - 2 Story,In-Law Quarters,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1704
  • Main Level Sq Ft: 1704
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Closet Walk in,Sinks Double,Sitting Room,Tub Garden
  • Total Sq Ft: 2764
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 1060
  • Pct Optional Level Finished: 100%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Above Ground Pool
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Propane,Propane Owned
  • Garage Parking Description: Detached
  • Garage Parking Other: Finished Garage,Heated,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Baseboard
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550929300016000014
  • Acres: 10-20 Acres
  • Lot Information: Creek On Property,Rural No Subdivision,Trees Small,Wooded
  • Lot Number: 0
  • Lot Size: 15.07 acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 592
  • Semi Annual Property Tax Amt: 296
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 26, 2018
Sold by
Fines Barbara F
Bought by
Lakin Jared
Seller's Agent
Jamie Shurig
@Home Indiana
Buyer's Agent
Gwenn Richard
The Stewart Home Group
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$460,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,891
Avg. Annual Appreciation
9.89%
Original Mortgage
$228,000
Outstanding Balance
$200,873
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$260,018
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
Lakin Jared -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakin Jared $228,000
Closed Lakin Jared $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $240,000 -4.0% $87 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $249,900 -- $90 / 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 $1,580 $313,500 $38,100 $275,400
2023 $1,370 $292,900 $32,600 $260,300
2022 $1,135 $260,500 $32,100 $228,400
2021 $798 $207,200 $31,800 $175,400
2020 $713 $196,700 $26,700 $170,000
2019 $685 $179,400 $27,100 $152,300
2018 $626 $167,400 $27,100 $140,300
2017 $592 $161,500 $27,500 $134,000
2016 $596 $157,400 $22,200 $135,200
2014 $467 $156,000 $22,100 $133,900
2013 $467 $155,600 $21,700 $133,900
Source: Public Records

Agents Affiliated with this Home

  • Jamie Shurig

    Seller's Agent in 2018

    Jamie Shurig

    @Home Indiana

    (317) 601-3837

    113 Total Sales

    Jamie Shurig
    Section Image

  • G

    Buyer's Agent in 2018

    Gwenn Richard

    The Stewart Home Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595091

MIBOR Broker Listing Cooperative®

APN: 55-09-29-300-016.000-014

Indiana Morgan County Martinsville 46151

1267 W Ritter Dr, 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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