NOT LISTED FOR SALE

3840 Upper Patton Park Rd Martinsville, IN 46151

Estimated Value: $327,000 - $465,446

4 Beds
2 Baths
3,154 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $285,000 $90 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,256/month

4 Days on Market

Highlights

  • Home fronts a creek
  • 17 Acre Lot
  • Vaulted Ceiling
  • Above Ground Pool
  • Mature Trees
  • Wood Flooring

About This Home

As of March 2024

Welcome to an exceptional property in Morgan County, boasting an expansive 17 acres complemented by two substantial pole barns measuring 46x54 and 26x27. This offering presents an ideal canvas for constructing your dream home or renovating the current one. Strategically located, this property offers a tranquil escape from the demands of urban and suburban living, providing an environment conducive to excellent fishing at Patton lake and wildlife appreciation. Its proximity to a metropolitan area ensures a balanced lifestyle, combining rural serenity with access to urban amenities. This unique opportunity caters to individuals seeking a harmonious blend of vast acreage, versatile infrastructure, and a peaceful setting. For those inclined towards a more rural lifestyle, this property stands as a testament to the possibilities of harmonizing comfort with nature. Cash or Rehab loans only *AGENTS PLEASE READ AGENT REMARKS*

Last Agent to Sell the Property

Elexis Smith

Indiana Gold Group Brokerage Email: Lexi@indianagoldgroup.com License #RB20001518 Listed on: 12/30/2023

Last Buyer's Agent

Peter Carlino

Carpenter, REALTORS® License #RB14014305

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1998

Lot Details

  • 17 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Mature Trees
  • Wooded Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Workshop in Garage

Home Design

  • Log Cabin
  • Fixer Upper
  • Block Foundation
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Vinyl Clad Windows
  • Window Screens
  • Family or Dining Combination
  • Utility Room
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch
  • Pole Barn
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 550802300001001010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1998
  • Building Area Total: 3154
  • Garage Y N: Yes
  • Lot Size Acres: 17
  • On Market Date: 2023-12-30
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Lexi@indianagoldgroup.com
  • Attribution Contact: Lexi@indianagoldgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished Walls, Walk Out
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1421
  • Interior Amenities: Vaulted Ceiling(s), Paddle Fan, Hardwood Floors, Eat-in Kitchen, Pantry, Screens Some, Skylight(s), Walk-in Closet(s), Windows Vinyl, Wood Work Stained
  • Living Area: 3154
  • Main Level Bedrooms: 1
  • Spa Y N: No
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1733
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Log, Wood With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Barn Storage, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 315000
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Pool Features: Above Ground
  • Pool Private Y N: Yes
  • Property Condition: Fixer
  • View Y N: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Gravel, Heated, Storage, Workshop in Garage
  • Garage Sq Ft: 0

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: None

Schools

  • Middle Or Junior School: Monrovia Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: Yes
  • Additional Parcels Description: S2 T12 R1w Pt Nw Sw 3.533 A , S2 T12 R1w Pt Nw Sw 1.517 A, S3 T12 R1w Pt Ne Se 8.95 Ac
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 740520
  • Parcel Number: 550802300001001010
  • Acres: 10-20 Acres
  • Price Acre: 16765

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3278
  • Tax Lot: 12
  • Semi Annual Property Tax Amt: 1639
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Mar 14, 2024
Sold by
Horning Matthew J and Horning Angel L
Bought by
Romer Forrest Andrew
Seller's Agent
Elexis Smith
Indiana Gold Group
Buyer's Agent
Peter Carlino
Carpenter, REALTORS®
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Views
766
Current Estimated Value
$375,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,612
Avg. Annual Appreciation
32.53%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Ringer Stephen G and Ringer Anitia L
Bought by
Horning Matthew J and Horning Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2006
Sold by
Ringer Doeothy
Bought by
Ringer Stephen G and Ringer Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.42%
Mortgage Type
Stand Alone Second
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
Romer Forrest Andrew $285,000 Courtland Title
Horning Matthew J -- Lawyers Title Ins Corp
Ringer Stephen G -- Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horning Matthew J $29,500
Previous Owner Horning Matthew J $218,000
Previous Owner Ringer Stephen G $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $285,000 -9.5% $90 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
12/30/2023 12/30/23 For Sale $315,000 -- $100 / 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 $2,519 $387,700 $50,100 $337,600
2023 $2,509 $379,400 $50,100 $329,300
2022 $2,419 $345,200 $50,100 $295,100
2021 $1,841 $284,700 $41,300 $243,400
2020 $1,674 $270,500 $41,300 $229,200
2019 $1,602 $259,000 $41,300 $217,700
2018 $1,439 $241,400 $32,200 $209,200
2017 $1,409 $232,000 $32,200 $199,800
2016 $1,294 $212,600 $32,200 $180,400
2014 $1,176 $216,900 $32,200 $184,700
2013 $1,176 $233,000 $32,200 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21957077

MIBOR Broker Listing Cooperative®

APN: 55-08-02-300-001.001-010