NOT LISTED FOR SALE

1525 W Aspen Way Martinsville, IN 46151

Estimated Value: $456,000 - $508,000

3 Beds
2.5 Baths
2,600 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $340,000 $131 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,699/month

14 Days on Market

Highlights

  • Home fronts a pond
  • Mature Trees
  • Traditional Architecture
  • 10.81 Acre Lot
  • Cathedral Ceiling
  • Gazebo

About This Home

As of August 2020

It's like living at your own 'mini state park'! Custom home located on 10.8 acres of rolling hills with access rights to Lake Edgewood. If you enjoy nature and outdoor activities, this one offers it all including wooded hiking trails, 1/2 acre stocked pond, creek, ATV trails, camping, bonfires, and more. Enjoy relaxing on the multilevel deck/gazebo with a beautiful view of the pond. 2600 square feet with 3bd, 2.5 baths, eat in kitchen, formal dining room, great room with fireplace and cathedral ceilings, and a huge family room/rec room. Detached oversized 3 car garage and additional gravel parking provides perfect spot for your boat! Interior pics and drone photos coming soon!

Last Agent to Sell the Property

Robin Pickett

Blu Nest Realty License #RB14043276 Listed on: 06/27/2020

Blu Nest Realty

Last Buyer's Agent

Sarah Ragsdale

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1993

Lot Details

  • 10.81 Acre Lot
  • Home fronts a pond
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Paddle Fans
  • Fireplace Features Masonry
  • Wood Frame Window
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Multiple Outdoor Decks
  • Gazebo

Utilities

  • Humidifier
  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Power Generator
  • Electric Water Heater
  • Multiple Phone Lines

Community Details

  • Association Phone (765) 714-2598
  • Oaks Of Edgewood Subdivision
  • Property managed by Oaks of Edgewood
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 550930200003016014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

Built in 1993

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1993
  • Building Area Total: 2600
  • Garage Y N: Yes
  • Lot Size Acres: 10.81
  • Subdivision Name: Oaks Of Edgewood
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: pickettrealtors@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Disposal, Electric Oven, Range Hood, Refrigerator, Electric Water Heater, Humidifier, Water Softener Owned
  • Levels: One and One Half
  • 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, Cathedral Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Windows Wood, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Network Ready, Center Island, Pantry
  • Living Area: 2600
  • Other Equipment: Generator, Multiple Phone Lines, Security Alarm Paid, Smoke Alarm
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1000
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2600

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Fencing: Partial, Privacy
  • List Price: 350000
  • Patio And Porch Features: Multiple Decks, Gazebo
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Detached, Garage Door Opener, Storage
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric, Geothermal
  • Heating: Forced Air, Geothermal, Electric
  • Laundry Features: Main Level
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Phone: 765-714-2598
  • Association YN: Yes
  • Management Company Name: Oaks of Edgewood
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4
  • Parcel Number: 550930200003016014
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1830
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 915
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 21, 2020
Sold by
Kimble Raymond and Kimble Gail
Bought by
Sichting Kyle A and Sichting Anna N
Seller's Agent
Robin Pickett
Blu Nest Realty
Buyer's Agent
Sarah Ragsdale
RE/MAX Advanced Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$477,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,867
Avg. Annual Appreciation
6.85%
Original Mortgage
$328,329
Outstanding Balance
$290,708
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$187,159

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bauman George R and Tarr Bauman Lisa A
Bought by
Kimble Raymond and Kimble Gail
Source: Public Records

Range of Values:

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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
Sichting Kyle A -- Chicago Title Company Llc
Kimble Raymond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sichting Kyle A $328,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $340,000 -2.9% $131 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $350,000 -- $135 / 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 $1,591 $361,800 $86,200 $275,600
2023 $1,538 $368,600 $86,200 $282,400
2022 $1,322 $349,900 $86,200 $263,700
2021 $912 $288,600 $58,000 $230,600
2020 $914 $263,100 $52,900 $210,200
2019 $914 $247,700 $52,900 $194,800
2018 $844 $239,000 $52,900 $186,100
2017 $779 $226,800 $52,900 $173,900
2016 $758 $217,800 $47,900 $169,900
2014 $651 $217,000 $47,900 $169,100
2013 $651 $209,100 $35,500 $173,600
Source: Public Records

Agents Affiliated with this Home

  • Robin Pickett

    Seller's Agent in 2020

    Robin Pickett

    Blu Nest Realty

    (317) 362-7978

    156 Total Sales

    Robin Pickett
    Section Image

  • S

    Buyer's Agent in 2020

    Sarah Ragsdale

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21721641

MIBOR Broker Listing Cooperative®

APN: 55-09-30-200-003.016-014

Indiana Morgan County Martinsville 46151

1525 W Aspen Way, Martinsville, IN

This home is located at 1525 W Aspen Way, Martinsville, IN 46151 since 27 June 2020 and is currently estimated at $477,867, approximately $183 per square foot. This property was built in 1993. 1525 W Aspen Way is a home located in Morgan County with nearby schools including Martinsville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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