NOT LISTED FOR SALE

1497 Ranch Trail Martinsville, IN 46151

Estimated Value: $381,000 - $445,000

3 Beds
2 Baths
3,191 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $260,000 $81 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,368/month

11 Days on Market

Highlights

  • Wooded Lot
  • Bay Window
  • Patio
  • Cathedral Ceiling
  • Woodwork
  • Shed

About This Home

As of July 2018

Hard to find custom home on a 5 ac wooded lot w/your own private drive that sets on top of a hill! Walk into this gorgeous cathedral ceiling great room w/lots of windows, a woodburning stove + a built-in window open to the dining room & kit. Home was built in 1994 & has a great floor plan. The master is on main level w/1 full bath for main level. Upstairs features 2 lg rooms w/jack & jill bath where each BR has their own sink. This custom 2-story has a full bsmt which only needs baseboard & trimmed out. Great area for a pool table or just bsmt fun! A lg unfinished area where the washer/dryer is has lots of storage area.The lot is a combination of grass & surrounded by woods gives you that private feel but still have a yard!

Last Agent to Sell the Property

Carl Vargas

F.C. Tucker Company License #RB14018930 Listed on: 05/23/2018

F.C. Tucker Company

Last Buyer's Agent

Dennis Gladden

Economy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1994

Lot Details

  • 5 Acre Lot
  • Wooded Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Bay Window
  • Great Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • Association fees include maintenance
  • Hidden Valley Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550825300002006014

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1994
  • Garage Y N: Yes
  • Lot Size Acres: 5
  • Subdivision Name: HIDDEN VALLEY LAKE
  • Inspection Warranties: General
  • Property Description: Hard to find custom home on a 5 ac wooded lot w/your own private drive that sets on top of a hill! Walk into this gorgeous cathedral ceiling great room w/lots of windows, a woodburning stove + a built-in window open to the dining room & kit. Home was built in 1994 & has a great floor plan. The master is on main level w/1 full bath for main level. Upstairs features 2 lg rooms w/jack & jill bath where each BR has their own sink. This custom 2-story has a full bsmt which only needs baseboard & trimmed out. Great area for a pool table or just bsmt fun! A lg unfinished area where the washer/dryer is has lots of storage area.The lot is a combination of grass & surrounded by woods gives you that private feel but still have a yard!
  • Transaction Type: Sale
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full
  • Appliances: Electric Cooktop, Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Window Bay Bow, Wood Work Stained
  • Living Area: 3191
  • Other Equipment: CO Detectors, Smoke Detector, Water-Softener Owned
  • Room Count: 9
  • Areas Interior: Bath Jack-n-Jill,Foyer Small,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1916
  • Main Level Sq Ft: 1275
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3191
  • Below Grade Sq Ft: 1275
  • Upper Level Sq Ft: 641
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Gravel
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Open Patio

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: -

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance
  • Mandatory Fee: 250

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550825300002006014
  • Acres: 5-10 Acres
  • Lot Information: Wooded
  • Lot Number: 3
  • Lot Size: 5 acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 878
  • Semi Annual Property Tax Amt: 439
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD
  • Schools: Paragon Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 10, 2018
Sold by
Angrick Jeffrey A and Angrick Catina D
Bought by
Herman Thomas E and Herman Carry L
Seller's Agent
Carl Vargas
F.C. Tucker Company
Buyer's Agent
Dennis Gladden
Economy Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$423,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,405
Avg. Annual Appreciation
6.91%
Original Mortgage
$255,290
Outstanding Balance
$225,337
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$198,068
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
Herman Thomas E -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Thomas E $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $260,000 -3.7% $81 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $269,900 -- $85 / 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 $1,820 $337,200 $58,000 $279,200
2023 $1,754 $337,200 $58,000 $279,200
2022 $1,505 $302,000 $58,000 $244,000
2021 $1,237 $267,100 $58,000 $209,100
2020 $1,062 $244,500 $45,500 $199,000
2019 $1,089 $231,800 $45,500 $186,300
2018 $955 $216,900 $45,500 $171,400
2017 $878 $203,100 $45,500 $157,600
2016 $888 $197,100 $45,500 $151,600
2014 $743 $204,800 $52,000 $152,800
2013 $743 $196,000 $39,500 $156,500
Source: Public Records

Agents Affiliated with this Home

  • Carl Vargas

    Seller's Agent in 2018

    Carl Vargas

    F.C. Tucker Company

    (317) 590-6390

    332 Total Sales

    Carl Vargas
    Section Image

  • D

    Buyer's Agent in 2018

    Dennis Gladden

    Economy Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21566792

MIBOR Broker Listing Cooperative®

APN: 55-08-25-300-002.006-014

Indiana Morgan County Martinsville 46151

1497 Ranch Trail, Martinsville, IN

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