NOT LISTED FOR SALE

1525 S Plateau Cir Martinsville, IN 46151

Estimated Value: $278,772 - $460,000

2 Beds
1 Bath
1,758 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $299,900 $171 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,989/month

2 Days on Market

Highlights

  • A-Frame Home
  • Community Pool
  • Security System Owned
  • Clubhouse
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

A classic A-frame home, with two lake front lots on Little Nebo Lake in Painted Hills with an 8x30 dock. Main floor has LR w/elec fireplace, MBR, bath & kit; Upper level has the 2nd BR; & Full bsmt with daylight windows features family room, bonus rooms with daylight window & closet, and large laundry/utility/storage room. Finished out building with deck can be used for office or entertaining. Oversized (17x20) one car garage & large driveway with no lack of parking here. Relax on either front (12x16) or back (24x14) decks. Enjoy year-round lake living in a great community. Painted Hills has two lakes, with full rights to both. Nebo is idle only.

Last Agent to Sell the Property

Jon Speer

Dropped Members License #RB20001854 Listed on: 04/09/2021

Last Buyer's Agent

Amanda Speer

ExSpeerience Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1975

Lot Details

  • 0.79 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • A-Frame Home
  • Block Foundation
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Electric Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 551407410004000012

Community Details

Overview

  • Association fees include home owners, clubhouse, insurance, parkplayground, pool
  • Painted Hills Subdivision
  • Property managed by Painted Hills HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$762

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1975
  • Garage Y N: Yes
  • Lot Size Acres: 0.79
  • Subdivision Name: PAINTED HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: A classic A-frame home, with two lake front lots on Little Nebo Lake in Painted Hills with an 8x30 dock. Main floor has LR w/elec fireplace, MBR, bath & kit; Upper level has the 2nd BR; & Full bsmt with daylight windows features family room, bonus rooms with daylight window & closet, and large laundry/utility/storage room. Finished out building with deck can be used for office or entertaining. Oversized (17x20) one car garage & large driveway with no lack of parking here. Relax on either front (12x16) or back (24x14) decks. Enjoy year-round lake living in a great community. Painted Hills has two lakes, with full rights to both. Nebo is idle only.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Daylight/Lookout Windows
  • Appliances: Dishwasher, Disposal, Electric Oven, Range Hood, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Living Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Cathedral
  • Living Area: 1758
  • Other Equipment: Security Alarm Paid, Smoke Detector, Sump Pump
  • Room Count: 8
  • Areas Interior: Laundry in Basement,Utility Room
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 962
  • Main Level Sq Ft: 796
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1758
  • Below Grade Sq Ft: 796
  • Upper Level Sq Ft: 166
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Pool Community
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Propane
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Propane

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Painted Hills HOA
  • Management Company Phone: 765-342-6409

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Entrance Common, Insurance, ParkPlayground, Pool
  • Mandatory Fee: 950

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551407410004000012
  • Acres: 1/2-1 Acre
  • Lot Information: Dock Owned,Lakefront,Tree Mature
  • Lot Number: 33A-34B
  • Lot Size: 34644

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 762
  • Semi Annual Property Tax Amt: 381
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 18, 2021
Sold by
Speer Jon D
Bought by
Bird Sarah
Seller's Agent
Jon Speer
Dropped Members
Buyer's Agent
Amanda Speer
ExSpeerience Realty Group LLC
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$355,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,043
Avg. Annual Appreciation
3.92%
Original Mortgage
$284,905
Outstanding Balance
$258,195
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,748

Purchase Details

Listed on
Sep 24, 2017
Closed on
Dec 11, 2017
Sold by
Lee Angelynn Dawn
Bought by
Speer Jon D
Seller's Agent
Cheryl Martinez
Homes By Cheryl
Buyer's Agent
Amanda Speer
ExSpeerience Realty Group LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.95%
Original Mortgage
$157,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Miller Cynthia J
Bought by
Lee Angelynn Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,086
Interest Rate
4.97%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2007
Sold by
Urich Richard
Bought by
Miller Jerry L and Miller Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
Urich Debra K
Bought by
Urich Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Couch Robert and Couch Erin Michael
Bought by
Urich Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,112
Interest Rate
5.7%
Mortgage Type
FHA
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
Bird Sarah -- Chicago Title Company Llc
Speer Jon D -- Chicago Title Company Llc
Lee Angelynn Dawn -- --
Miller Jerry L -- --
Urich Richard -- None Available
Urich Debra K -- Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Sarah $284,905
Previous Owner Speer Jon D $157,500
Previous Owner Lee Angelynn Dawn $142,086
Previous Owner Miller Jerry L $103,200
Previous Owner Urich Richard $100,000
Previous Owner Urich Debra K $88,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Sold $299,900 0.0% $171 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $299,900 +71.4% $171 / Sq Ft
12/11/2017 12/11/17 Sold $175,000 -4.1% $100 / Sq Ft View Prior Sale
11/13/2017 11/13/17 Pending -- -- --
11/05/2017 11/05/17 Price Changed $182,500 -1.3% $104 / Sq Ft
10/22/2017 10/22/17 Price Changed $184,900 -1.4% $105 / Sq Ft
10/17/2017 10/17/17 Price Changed $187,500 -1.3% $107 / Sq Ft
10/06/2017 10/06/17 Price Changed $189,900 -2.6% $108 / Sq Ft
09/27/2017 09/27/17 Price Changed $195,000 -2.5% $111 / Sq Ft
09/24/2017 09/24/17 For Sale $199,900 -- $114 / 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 $1,395 $234,300 $67,500 $166,800
2023 $1,099 $224,800 $67,500 $157,300
2022 $1,244 $232,500 $67,500 $165,000
2021 $645 $156,000 $41,300 $114,700
2020 $590 $156,600 $41,300 $115,300
2019 $636 $159,800 $41,300 $118,500
2018 $538 $146,400 $41,300 $105,100
2017 $489 $134,600 $41,300 $93,300
2016 $498 $134,600 $41,300 $93,300
2014 $398 $135,600 $41,300 $94,300
2013 $398 $120,100 $21,100 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21776532

MIBOR Broker Listing Cooperative®

APN: 55-14-07-410-004.000-012