NOT LISTED FOR SALE

4000 E Rembrandt Dr Martinsville, IN 46151

Estimated Value: $447,166 - $557,000

3 Beds
2 Baths
1,668 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $450,000 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,896/month

152 Days on Market

Highlights

  • Lake Front
  • Mature Trees
  • Two Way Fireplace
  • Basketball Court
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of February 2024

Beautiful waterfront home on large lot in highly sought after Painted Hills Lake Community. The covered front porch welcomes you into this lovely home. Interior features include a huge great room with vaulted ceilings, two sided wood burning masonry fireplace, and windows galore for light and amazing views. Kitchen with breakfast bar overlooking fireplace, granite countertops, and Samsung stainless steel appliances. Primary bedroom and laundry on main level. Exterior features a .85 acre lot, large back deck, boat dock and basketball court. Updates include fresh interior/exterior paint, new roof, gutters, LTV flooring throughout main level, carpet on upper level, new refrigerator, oven/range, washer, dryer, updated baths and HVAC system.

Last Agent to Sell the Property

Gregory Leugers

Keller Williams Indy Metro S Brokerage Email: hometown@kw.com License #RB14040373 Listed on: 07/21/2023

Keller Williams Indy Metro S

Co-Listed By

Robert Speas

Keller Williams Indy Metro S Brokerage Email: hometown@kw.com License #RB14044844

Last Buyer's Agent

Gregory Leugers

Keller Williams Indy Metro S Brokerage Email: hometown@kw.com License #RB14040373 Listed on: 07/21/2023

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1973

Lot Details

  • 0.85 Acre Lot
  • Lake Front
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Two Way Fireplace
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Dining Room with Fireplace
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Basketball Court
  • Multiple Outdoor Decks
  • Covered Patio or Porch
  • Shed

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Water Heater

Listing and Financial Details

  • Tax Lot 1013
  • Assessor Parcel Number 551418460003000012

Community Details

Overview

  • Association fees include clubhouse, maintenance, parkplayground
  • Painted Hills Subdivision
  • Property managed by Painted Hills HOA

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,786

Year Built

Built in 1973

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1973
  • Building Area Total: 1668
  • Co List Office Phone: 317-738-4663
  • Garage Y N: Yes
  • Lot Size Acres: 0.85
  • Subdivision Name: Painted Hills
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: hometown@kw.com
  • Attribution Contact: hometown@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Two Sided, Dining Room, Great Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Breakfast Bar, Vaulted Ceiling(s), Paddle Fan, Eat-in Kitchen
  • Living Area: 1668
  • Main Level Bedrooms: 1
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 612
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Barn Mini, Basketball Court
  • Foundation Details: Block
  • List Price: 475000
  • Patio And Porch Features: Covered Porch, Deck Main Level, Multiple Decks
  • Waterfront Features: Lake Front, Dock
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Fuel: Propane Leased
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door
  • Garage Sq Ft: 598

Utilities

  • Cooling: Central Electric
  • Heating: Heat Pump
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Community Features: Clubhouse, Playground, Pool, Restaurant
  • Management Company Name: Painted Hills HOA

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Maintenance, ParkPlayground

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 37113
  • Parcel Number: 551418460003000012
  • Acres: 1/2-1 Acre
  • Price Acre: 529412

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1786
  • Tax Lot: 1013
  • Semi Annual Property Tax Amt: 893

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Feb 15, 2024
Sold by
Fleming William J and Fleming Chelsea M
Bought by
Rason William C and Durant-Rason Starr
Seller's Agent
Gregory Leugers
Keller Williams Indy Metro S
Buyer's Agent
Gregory Leugers
Keller Williams Indy Metro S
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
272
Current Estimated Value
$491,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,292
Avg. Annual Appreciation
1.01%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Jones Jeffrey S and Jones Corina L
Bought by
Davis Building Group Llc

Purchase Details

Closed on
Aug 10, 2020
Sold by
Conner Richard and Conner Michelle L
Bought by
Fleming William J and Fleming Chelsea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,300
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Lipinski
Bought by
Conner L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.52%
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
Rason William C $450,000 Denali Title
Davis Building Group Llc -- Royal Title Services
Fleming William J -- Chicago Title Company Llc
Conner L $215,000 --
Conner Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming William J $240,300
Previous Owner Conner Richard $150,000
Previous Owner Conner Richard $100,000
Previous Owner Conner Richard $50,000
Previous Owner Vonvonholdt Ruth Von $96,800
Previous Owner Lipinski Michael C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $450,000 -5.3% $270 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $475,000 +5.6% $285 / Sq Ft
11/21/2023 11/21/23 Off Market $450,000 -- --
11/06/2023 11/06/23 Price Changed $475,000 -3.1% $285 / Sq Ft
09/19/2023 09/19/23 Price Changed $490,000 -2.0% $294 / Sq Ft
08/17/2023 08/17/23 Price Changed $500,000 -4.8% $300 / Sq Ft
07/21/2023 07/21/23 For Sale $525,000 -- $315 / 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 $2,664 $403,200 $97,500 $305,700
2023 $2,027 $389,700 $97,500 $292,200
2022 $1,786 $329,000 $97,500 $231,500
2021 $1,201 $248,700 $71,500 $177,200
2020 $1,035 $238,000 $71,500 $166,500
2019 $1,059 $237,400 $71,500 $165,900
2018 $937 $222,500 $71,500 $151,000
2017 $884 $207,900 $71,500 $136,400
2016 $902 $207,900 $71,500 $136,400
2014 $718 $204,500 $71,500 $133,000
2013 $718 $183,300 $50,100 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21933414

MIBOR Broker Listing Cooperative®

APN: 55-14-18-460-003.000-012