NOT LISTED FOR SALE

2431 W Wavelyn Cir S Martinsville, IN 46151

Estimated Value: $136,000 - $237,000

7.84 Acres
$23,788 Price per Acre
341,510 Sq Ft Lot

Last Sold July 05, 2023

Last sale price $130,000

Est. 43% increase in value since last sale

Current estimated payment $1,082/month

50 Days on Market

About This Lot

As of July 2023

3 adjoined lots in Bettenhausen Estates totaling 7.84 acres to be sold together. 1 1/2 acres on lot 17 are cleared and ready to build (frontage with street access on Lot 17). Municipal water, percolation test done, and septic permit on file. Beautiful small lake and heavily wooded area originally part of the Lentz Tree Farm. AMAZING opportunity to live in nature yet close to schools and commerce.

Last Agent to Sell the Property

Rhonda Smith

Carpenter, REALTORS® License #RB14043285 Listed on: 04/14/2023

Carpenter, REALTORS®

Co-Listed By

Linda Runyon

Dropped Members License #RB18001651

Last Buyer's Agent

Sharon Tirey

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Lot Details

  • 7.84

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Monrovia Elementary School
  • Monrovia Middle School
  • Monrovia High School

Additional Features

  • 7.84 Acre Lot
  • Septic Needed

Community Details

  • Association fees include home owners
  • Association Phone (317) 919-5293
  • Bettenhausen Estates Subdivision
  • Property managed by Bettenhausen HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 17, 18, 19
  • Assessor Parcel Number 550425100011006010

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Type: Multiple
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Co List Office Phone: 317-852-4091
  • Lot Size Acres: 7.84
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Bettenhausen Estates
  • Transaction Type: Sale
  • MBR_AttributionContact: rsmith@callcarpenter.com
  • Special Features: None

Exterior Features

  • List Price: 150000
  • Other Structures: Not Applicable
  • Topography: Pond,Sloping,Wetland,Wooded
  • Road Access: County Rd
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Phone: 317-919-5293
  • Association YN: Yes
  • Management Company Name: Bettenhausen HOA
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common

Schools

  • Middle Or Junior School: Monrovia Middle School

Lot Info

  • Additional Parcels: No
  • Development Status: Plat Recorded
  • Lot Size Sq Ft: 233786
  • Number Of Lots: 3
  • Parcel Number: 550425100011006010
  • Zoning: Residential
  • Acres: 5-10 Acres
  • Land Characteristics: On Pond,Rural In Subdivsion,Platted Subdivision,Mature Trees
  • Present Zoning: Planned Development
  • Price Acre: 16581.6326530612
  • Soil Type: Clay
  • Divisible: No

Tax Info

  • Tax Annual Amount: 3268
  • Tax Lot: 17, 18, 19
  • Semi Annual Property Tax Amt: 1634
  • Tax Exemption: None

MLS Schools

  • Elementary School: Monrovia Elementary School
  • High School: Monrovia High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 27, 2023
Sold by
Andrews David P
Bought by
Varnell Adam J
Seller's Agent
Rhonda Smith
Carpenter, REALTORS®
Buyer's Agent
Sharon Tirey
Keller Williams Indy Metro S
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
517
Current Estimated Value
$186,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,500
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Wave Land Development Corporation
Bought by
Andrews David P
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
Varnell Adam J $130,000 Abstract & Title
Andrews David P -- Chicago Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $130,000 -13.3% --
06/04/2023 06/04/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $150,000 -- --
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 $290 $24,200 $24,200 $0
2023 $320 $27,100 $27,100 $0
2022 $320 $27,100 $27,100 $0
2021 $35 $3,100 $3,100 $0
2020 $34 $3,100 $3,100 $0
2019 $44 $3,900 $3,900 $0
2018 $52 $4,700 $4,700 $0
2017 $52 $4,700 $4,700 $0
2016 $54 $4,700 $4,700 $0
2014 $42 $4,300 $4,300 $0
2013 $42 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21915243

MIBOR Broker Listing Cooperative®

APN: 55-04-25-100-011.006-010