NOT LISTED FOR SALE

1465 Bill Smith Rd Martinsville, IN 46151

Estimated Value: $524,000 - $582,000

3 Beds
2.5 Baths
2,394 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $375,000 $157 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,104/month

22 Days on Market

Highlights

  • 1 Fireplace
  • Rustic Architecture
  • High Speed Internet

About This Home

As of June 2020

Quiet country living, and only 15 minutes from local shopping and restaurants or a 35 minute commute to Downtown Indianapolis or Bloomington, shorter after I-69 is complete. This rustic style home offers complete privacy while sitting on 7 acres and is livestock-ready, if the buyer so desires. Kitchen has been recently updated and living room has brand new stone fireplace. Enjoy the wrap-around porch during the summer or have a picnic outdoors in the shelter area. Home is equipped with reverse osmosis water purification and utilities are all electric. Average electric bill is $185 a month with no water bill.

Last Agent to Sell the Property

Zachary Canada

@properties License #RB17002097 Listed on: 05/08/2020

@properties

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

John Walker

Chief Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1998

Lot Details

  • 7 Acre Lot

Home Design

  • Rustic Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 551027200003002009

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1998
  • Co List Office Phone: 317-489-3441
  • Garage Y N: No
  • Lot Size Acres: 7
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Quiet country living, and only 15 minutes from local shopping and restaurants or a 35 minute commute to Downtown Indianapolis or Bloomington, shorter after I-69 is complete. This rustic style home offers complete privacy while sitting on 7 acres and is livestock-ready, if the buyer so desires. Kitchen has been recently updated and living room has brand new stone fireplace. Enjoy the wrap-around porch during the summer or have a picnic outdoors in the shelter area. Home is equipped with reverse osmosis water purification and utilities are all electric. Average electric bill is $185 a month with no water bill.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room,Masonry,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Tray,Walk-in Closet(s),Hardwood Floors,Screens Complete,Windows Thermal
  • Living Area: 2394
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2394
  • Main Level Sq Ft: 1302
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Tub Garden
  • Total Sq Ft: 2394
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1092

Exterior Features

  • Construction Materials: Cedar,Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse,Barn Storage,Fire Pit
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Wrap Around Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: none

Fee Information

  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551027200003002009
  • Acres: 5-10 Acres
  • Lot Information: Not In Subdivision
  • Lot Number: 0
  • Lot Size: 358,499

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 996
  • Semi Annual Property Tax Amt: 498
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 30, 2020
Sold by
Murphy Russell A and Murphy Maureen A
Bought by
Walker Robert A and Walker Michelle L
Seller's Agent
Zachary Canada
@properties
Buyer's Agent
John Walker
Chief Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$553,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,296
Avg. Annual Appreciation
7.57%
Original Mortgage
$350,000
Outstanding Balance
$310,933
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$242,363

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 2, 2016
Sold by
Knox Jimmie D and Knox Cathy L
Bought by
Murphy Russell A and Murphy Maureen A
Seller's Agent
Sharon Tirey
Keller Williams Indy Metro S
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walker Robert A -- None Available
Murphy Russell A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Robert A $350,000
Previous Owner Murphy Russell A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $375,000 0.0% $157 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $375,000 0.0% $157 / Sq Ft
05/13/2020 05/13/20 Off Market $375,000 -- --
05/13/2020 05/13/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $375,000 +44.3% $157 / Sq Ft
09/02/2016 09/02/16 Sold $259,900 0.0% $109 / Sq Ft View Prior Sale
07/24/2016 07/24/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $259,900 -- $109 / 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 $2,312 $386,800 $112,100 $274,700
2023 $2,265 $384,600 $112,100 $272,500
2022 $1,943 $356,200 $112,100 $244,100
2021 $1,448 $279,000 $78,800 $200,200
2020 $1,006 $214,600 $61,400 $153,200
2019 $1,043 $206,500 $61,400 $145,100
2018 $996 $204,300 $61,400 $142,900
2017 $999 $206,200 $61,400 $144,800
2016 $977 $196,700 $64,100 $132,600
2014 $739 $185,100 $54,900 $130,200
2013 $739 $193,800 $54,900 $138,900
Source: Public Records

Agents Affiliated with this Home

  • Zachary Canada

    Seller's Agent in 2020

    Zachary Canada

    @properties

    (812) 701-2431

    73 Total Sales

    Zachary Canada
    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2020

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    236 Total Sales

    Rob Measel
    Section Image

  • J

    Buyer's Agent in 2020

    John Walker

    Chief Realty

    Section Image
  • Sharon Tirey

    Seller's Agent in 2016

    Sharon Tirey

    Keller Williams Indy Metro S

    (317) 750-9157

    121 Total Sales

    Sharon Tirey
    Section Image

  • N

    Buyer's Agent in 2016

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2016

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21708194

MIBOR Broker Listing Cooperative®

APN: 55-10-27-200-003.002-009

Indiana Morgan County Martinsville 46151

1465 Bill Smith Rd, Martinsville, IN

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