NOT LISTED FOR SALE

5171 Herbemont Rd Martinsville, IN 46151

Estimated Value: $105,619 - $222,000

3 Beds
3 Baths
1,280 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $60,000 $47 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $920/month

118 Days on Market

Highlights

  • Pole Barn
  • Garage
  • Farm
  • Central Air

About This Home

As of August 2018

5.771 acres that contains the barn and an additional 17+/- acres will be surveyed off an adjoining farm. This should be approx. 22 +/- acres the bulk of which is tillable. The shop is 44x40x14,the doors are 16 feet tall to allow big/tall equipment,drains in floor to allow inside washing. There is an office,waiting room and upstairs storage. Heat pump and central air.

Last Agent to Sell the Property

Art Brill

Dropped Members License #RB14007381 Listed on: 03/05/2018

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $800

Year Built

  • Built in 2007

Lot Details

  • 5.77

Parking

  • Garage

Home Design

  • Farm

Interior Spaces

  • 2-Story Property

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Pole Barn
  • 5.77 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 550806400006000010

Property Details

Property Type

Other

Est. Annual Taxes

$800

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: RowCrop
  • Property Sub Type: Farm
  • Architectural Style: Other
  • Property Type: Farm
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 5.771
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: 5.771 acres that contains the barn and an additional 17+/- acres will be surveyed off an adjoining farm. This should be approx. 22 +/- acres the bulk of which is tillable. The shop is 44x40x14,the doors are 16 feet tall to allow big/tall equipment,drains in floor to allow inside washing. There is an office,waiting room and upstairs storage. Heat pump and central air.
  • Miscellaneous: AerialPhot,Survey
  • Residence: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Living Area: 1280
  • Room Count: 0
  • Sq Ft Main Upper: 1280
  • Main Level Sq Ft: 640
  • Total Sq Ft: 1280
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 640
  • Pct Optional Level Finished: 100%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole
  • Other Structures: Pole Barn
  • Topography: Cleared,Flood Plain,Level,Stream
  • Road Access: AccessRd,CountyRd

Garage/Parking

  • Fuel: Electric
  • Num Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Community Water
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Parcel Number: 550806400006000010
  • Acres: 5-10 Acres
  • Lot Information: Access Street
  • Lot Number: 1
  • Lot Size: 251,385
  • Soil Type: Other
  • Non N Tillable Acres: 4.0000
  • Pasture Acres: 0.0000

Tax Info

  • Tax Annual Amount: 800
  • Semi Annual Property Tax Amt: 400
  • Tax Exemption: None

MLS Schools

  • School District: Monroe-Gregg

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $60,000 -65.7% $47 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $175,000 -21.2% $137 / Sq Ft
03/05/2018 03/05/18 For Sale $222,000 -- $173 / 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 $713 $59,600 $12,000 $47,600
2023 $722 $60,700 $10,000 $50,700
2022 $2,192 $184,600 $7,900 $176,700
2021 $1,747 $153,200 $6,800 $146,400
2020 $1,580 $142,100 $6,700 $135,400
2019 $1,468 $130,100 $8,200 $121,900
2018 $1,617 $145,200 $29,700 $115,500
2017 $1,404 $125,800 $32,800 $93,000
2016 $1,463 $127,300 $33,400 $93,900
2014 $1,236 $126,300 $32,500 $93,800
2013 $1,236 $133,500 $31,100 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21549469

MIBOR Broker Listing Cooperative®

APN: 55-08-06-400-006.000-010