NOT LISTED FOR SALE

1585 S Lake Dr Martinsville, IN 46151

Estimated Value: $362,000 - $489,000

3 Beds
3 Baths
1,915 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $148,000 $77 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,333/month

37 Days on Market

About This Home

As of June 2012

2-STORY HOME SITUATED ON 3 LOTS IN DESIRABLE LAKE COMMUNITY..includes: CLUB HOUSE..COMMUNITY POOL..SKIING,FISHING,BOATING

Last Agent to Sell the Property

Dorena Pierce

Dropped Members License #RB14043494 Listed on: 04/15/2012

Dropped Members

Last Buyer's Agent

Zane Roe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built

  • 1994

Lot Details

  • 0.48

HOA Fees

  • $63 per month

Laundry

  • Laundry on main level

Utilities

  • Heating System Uses Propane
  • Propane Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built

1994

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Directions: HWY 37 SOUTH TO SR 252 INTERSECTION...TURN EAST & FOLLOW APPROX. 3 MI. TO LEONARD RD..TURN RIGHT..FOLLOW TO 1ST PAINTED HILLS ENTRANCE ..FOLLOW TO LAKE DR. ON RIGHT..THEN TAKE 1ST LEFT (LAKE DR.) TO HOME
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: PAINTED HILLS
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Oven, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Bar,Eat In Kitchen,Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1915
  • Main Level Sq Ft: 1027
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Tub Full with Separate Shower,Suite,Closet Walk in,Tub Whirlpool
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 888
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Skylight(s), Walk-in Closet(s)
  • Other Equipment: Smoke Detector, Water Purifier

Exterior Features

  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance, Pool, Snow Removal

Lot Info

  • Acres: 1-3 Acres
  • Lot Information: Corner
  • Lot Number: 187B
  • Lot Size: 147X163,102X144,113X154

Tax Info

  • Semi Annual Property Tax Amt: 279
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 551407435005000012
  • Tax Annual Amount: 558
  • Tax Year: 2011

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2012
Closed on
Jun 21, 2012
Sold by
Somerville John R and Somerville Monta M
Bought by
Embry Kevin and Embry Christina
Seller's Agent
Dorena Pierce
Dropped Members
Buyer's Agent
Zane Roe
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$403,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,586
Avg. Annual Appreciation
7.80%
Original Mortgage
$151,150
Outstanding Balance
$104,752
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$298,834
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
Embry Kevin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Embry Kevin $151,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2012 06/21/12 Sold $148,000 0.0% $77 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $148,000 -- $77 / 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 $1,774 $284,900 $29,800 $255,100
2023 $1,320 $270,400 $29,800 $240,600
2022 $1,211 $239,100 $29,800 $209,300
2021 $875 $194,600 $20,000 $174,600
2020 $739 $184,100 $20,000 $164,100
2019 $784 $188,400 $20,000 $168,400
2018 $651 $169,400 $20,000 $149,400
2017 $584 $153,800 $20,000 $133,800
2016 $595 $153,800 $20,000 $133,800
2014 $502 $157,700 $20,000 $137,700
2013 $502 $171,700 $30,600 $141,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dorena Pierce

    Dropped Members

    Section Image

  • Z

    Buyer's Agent in 2012

    Zane Roe

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21171340

MIBOR Broker Listing Cooperative®

APN: 55-14-07-435-006.000-012

Indiana Morgan County Martinsville 46151

1585 S Lake 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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