NOT LISTED FOR SALE

1960 Colonial Dr Martinsville, IN 46151

Estimated Value: $342,000 - $1,075,268

3 Beds
3 Baths
3,126 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $428,500 $137 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,275/month

104 Days on Market

About This Home

As of July 2017

Custom home represents a blend of luxurious living and income producing opportunities all within it's 9.35 acres. Main custom home offers 3 bed/3 full ba over a finished bsmt. All electric w/geothermal keeps cost under $200/mo. 2 separate bldgs offer 1 bed apartments each currently leased for $1800/mo and additional 8 car climate-controlled garage space available to rent for additional $$$. Need housing for family? Employees? 60X40 concrete slap is ready for pole barn too. No C&R's.

Last Agent to Sell the Property

Sharon Tirey

Keller Williams Indy Metro S License #RB14047655 Listed on: 04/01/2017

Keller Williams Indy Metro S

Last Buyer's Agent

Joyce Elstner Snyder

Advisor, REALTORS® License #RB14041724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,226

Year Built

  • 1998

Lot Details

  • 9.33

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,226

Year Built

1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: SR37 S TO SR252. EAST ON SR252 TO FIRST ROAD ON THE RIGHT (CRAMERTOWN LOOP). GO .8 MILE. GO LEFT ON COLONIAL DRIVE TO END. GO THRU IRON GATES TO PROPERTY ON LEFT.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Has Basement: Finished, Daylight/Lookout Windows
  • Fireplace Features: Insert, Great Room, Masonry, Woodburning Fireplce
  • Areas Interior: Foyer Large,In-Law Quarters,Laundry Room Main Level
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2308
  • Main Level Sq Ft: 2308
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Main Level,Sinks Double,Tub Full with Separate Shower,Tub Whirlpool
  • Below Grade Sq Ft: 818
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Walk-in Closet(s), Windows Thermal
  • Other Equipment: Multiple Phone Lines, Security Alarm Paid, Sump Pump, Water Purifier, Water-Softener Owned

Exterior Features

  • Exterior Features: Barn Horse, Barn Mini, Driveway Concrete, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached,2 Car Detached,4+ Car Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Cooling: Central Air
  • Heating: Geothermal, Wood
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail,Private Well 2nd Source
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Acres: 5-10 Acres
  • Lot Information: Tree Mature,Trees Small,Wooded
  • Lot Number: 0
  • Lot Size: 9.33 acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1613
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 3226
  • Tax Year: 2015

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 21, 2017
Sold by
Almond Wayne and Almond Trena D
Bought by
Rike Garry E and Rike Samantha J
Seller's Agent
Sharon Tirey
Keller Williams Indy Metro S
Buyer's Agent
Joyce Elstner Snyder
Advisor, REALTORS®
List Price
$449,900
Sold Price
$428,500
Premium/Discount to List
-$21,400
-4.76%
Current Estimated Value
$710,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,589
Avg. Annual Appreciation
6.29%
Original Mortgage
$342,800
Outstanding Balance
$287,584
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$422,506

Purchase Details

Closed on
Sep 14, 2007
Sold by
Behling Joyce A
Bought by
Almond Wayne and Almond Trena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Rike Garry E -- None Available
Almond Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rike Garry E $342,800
Previous Owner Almond Wayne $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $428,500 -4.8% $137 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $449,900 -- $144 / 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 $6,463 $925,700 $267,900 $657,800
2023 $6,525 $944,300 $267,900 $676,400
2022 $5,879 $895,900 $264,700 $631,200
2021 $3,346 $551,900 $110,000 $441,900
2020 $3,261 $526,100 $110,000 $416,100
2019 $3,196 $481,300 $110,000 $371,300
2018 $2,727 $437,300 $94,600 $342,700
2017 $2,451 $424,900 $82,600 $342,300
2016 $2,581 $426,400 $82,600 $343,800
2014 $3,293 $446,800 $82,600 $364,200
2013 $3,293 $464,100 $82,600 $381,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21475975

MIBOR Broker Listing Cooperative®

APN: 55-13-02-380-006.000-020