NOT LISTED FOR SALE

4451 E Mam Dr Martinsville, IN 46151

Estimated Value: $494,000 - $632,000

2.1 Acres
$266,438 Price per Acre
91,476 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $33,000

Est. 1,596% increase in value since last sale

Current estimated payment $3,177/month

531 Days on Market

About This Lot

As of February 2019

Great location for commute to Indy or Bloomington, quiet location near end of Mam Road, beautiful scenery overlooking valley, area of nice homes.

Last Agent to Sell the Property

Sandy Rohland

Carpenter, REALTORS® License #RB14019463 Listed on: 08/21/2017

Last Buyer's Agent

Carl Vargas

F.C. Tucker Company

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $282

Lot Details

  • 2.1

Additional Features

  • 2.1 Acre Lot
  • Septic Needed

Community Details

  • Association fees include home owners
  • Adams Subdivision

Listing and Financial Details

  • Assessor Parcel Number 551017100001009

Property Details

Property Type

Land

Est. Annual Taxes

$282

Lot Details

0

Listing Details

  • Type: AgricLand
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2016
  • Lot Size Acres: 2.1
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: ADAMS
  • Inspection Warranties: Not Applicable
  • Property Description: Great location for commute to Indy or Bloomington, quiet location near end of Mam Road, beautiful scenery overlooking valley, area of nice homes.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Level
  • Road Access: Frontage Road,PrivateRd
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Association Home Owners
  • Mandatory Fee: 300

Lot Info

  • Development Status: Plat Recorded
  • Parcel Number: 551017100001009
  • Zoning: residential
  • Acres: 1-3 Acres
  • Lot Number: 0
  • Lot Size: 2.1
  • Improvements: None
  • Land Characteristics: Rural In Subdivsion
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Soil Type: Other
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 282
  • Semi Annual Property Tax Amt: 141
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Feb 28, 2019
Sold by
Worrell E Frank and Worrell Barbara K
Bought by
Armstrong Larry A and Davidson Erica R
Seller's Agent
Sandy Rohland
Carpenter, REALTORS®
Buyer's Agent
Carl Vargas
F.C. Tucker Company
List Price
$34,900
Sold Price
$33,000
Premium/Discount to List
-$1,900
-5.44%
Current Estimated Value
$559,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,519
Avg. Annual Appreciation
52.96%
Original Mortgage
$26,400
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
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
Armstrong Larry A -- Lenders Escrow & Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Armstrong Larry A $26,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $33,000 -5.4% --
02/04/2019 02/04/19 Pending -- -- --
12/02/2018 12/02/18 Price Changed $34,900 0.0% --
12/02/2018 12/02/18 For Sale $34,900 +5.8% --
11/21/2018 11/21/18 Off Market $33,000 -- --
10/01/2018 10/01/18 Price Changed $35,900 -5.3% --
07/05/2018 07/05/18 Price Changed $37,900 -5.0% --
08/21/2017 08/21/17 For Sale $39,900 -- --
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 $2,812 $501,600 $77,100 $424,500
2023 $2,521 $476,700 $77,100 $399,600
2022 $2,058 $419,900 $76,000 $343,900
2021 $1,528 $334,700 $45,000 $289,700
2020 $1,362 $316,100 $37,400 $278,700
2019 $280 $31,600 $31,600 $0
2018 $272 $31,600 $31,600 $0
2017 $270 $31,600 $31,600 $0
2016 $282 $31,600 $31,600 $0
2014 $190 $26,500 $26,500 $0
2013 $190 $26,500 $26,500 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandy Rohland

    Carpenter, REALTORS®

    (765) 318-1333

    25 Total Sales

    Sandy Rohland
    Section Image

  • C

    Buyer's Agent in 2019

    Carl Vargas

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21507473

MIBOR Broker Listing Cooperative®

APN: 55-10-17-100-001.009-009

Indiana Morgan County Martinsville 46151

4451 E Mam 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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