B
Seller's Agent in 2024
Brandon Smith
Whitetail Properties
(227) 285-9000
128 Total Sales
5504 Lincoln Rd Martinsville, IN 46151
Estimated Value: $230,000 - $750,000
13.75
Acres
$38,658
Price per Acre
598,950
Sq Ft Lot
Highlights
- 13.75 Acre Lot
- Family or Dining Combination
- Paddle Fans
- No HOA
About This Lot
As of April 2024A horse lover's paradise. This property is a hidden gem in a peaceful rural setting yet not far from the modern amenities of Martinsville, Mooresville, Franklin, Center Grove or Indy area. You will be absolutely stunned by all the facilities this property has to offer to have a thriving horse boarding, breeding, training or equestrian operation. There are 21 horse stalls total on the property with over 90% currently being occupied for boarding operations. The huge main facility/horse barn has over 20,000 sq ft. Within it contains 2 indoor arenas (144x72 and 60x60) perfect for training or riding lessons, tack room, grooming stalls, wash room and hay loft. Upstairs there is lots of additional square footage. There is a nice viewing area overlooking the main arena for cliental. There are also 2 finished apartments. The 1st living area is nearly 800 sq. ft. and has 2 bedrooms/1 bath, kitchen and living room. The 2nd living area is nearly 600 sq. ft with 1 bedroom/1 bath, kitchen and living room. The land itself provides ample room for all training, operations and just the pure enjoyment of horseback riding. There is an additional outdoor arena along with 7 fenced in paddocks for the horses or other livestock to graze. Opportunities like this seldom come along.
Last Agent to Sell the Property
Whitetail Properties Brokerage Email: Brandon.smith@whitetailproperties.com License #RB23000515 Listed on: 02/29/2024
Co-Listed By
Whitetail Properties Brokerage Email: Brandon.smith@whitetailproperties.com License #RB19001486
Last Buyer's Agent
Daniel Shine
Shine Realty, LLC
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,334
Year Built
- Built in 1991
Lot Details
- 13.75 Acre Lot
- Additional Parcels
Home Design
- Aluminum Siding
Interior Spaces
- 12 Sq Ft Home
- 2-Story Property
- Paddle Fans
- Family or Dining Combination
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 551003300002000009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Apr 16, 2024
Sold by
Cohen Clinton B
Bought by
Steele Joseph R and Steele Kesslar
Seller's Agent
Brandon Smith
Whitetail Properties
Buyer's Agent
Daniel Shine
Shine Realty, LLC
List Price
$574,900
Sold Price
$579,000
Premium/Discount to List
$4,100
0.71%
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,457
Avg. Annual Appreciation
-5.44%
Purchase Details
Listed on
Oct 30, 2016
Closed on
Dec 5, 2016
Sold by
Radcliffe Charles W and Radcliffe Sandra H
Bought by
Cohen Clinton B
Seller's Agent
Sharon Robinson
F.C. Tucker Company
Buyer's Agent
Olen Miller
Mill House Realty, LLC
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steele Joseph R | $574,900 | Security Title | |
| Cohen Clinton B | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $579,000 | +0.7% | $48,250 / Sq Ft | |
| 03/15/2024 03/15/24 | Pending | -- | -- | -- | |
| 02/29/2024 02/29/24 | For Sale | $574,900 | +283.3% | $47,908 / Sq Ft | |
| 12/05/2016 12/05/16 | Sold | $150,000 | 0.0% | -- | View Prior Sale |
| 11/18/2016 11/18/16 | Off Market | $150,000 | -- | -- | |
| 10/30/2016 10/30/16 | For Sale | $155,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,232 | $220,300 | $91,700 | $128,600 |
| 2023 | $2,116 | $213,800 | $68,900 | $144,900 |
| 2022 | $2,334 | $266,700 | $66,500 | $200,200 |
| 2021 | $1,663 | $195,800 | $49,800 | $146,000 |
| 2020 | $1,162 | $142,100 | $49,800 | $92,300 |
| 2019 | $1,160 | $130,900 | $58,300 | $72,600 |
| 2018 | $1,126 | $130,900 | $58,300 | $72,600 |
| 2017 | $1,179 | $138,200 | $58,300 | $79,900 |
| 2016 | $1,135 | $127,200 | $47,300 | $79,900 |
| 2014 | $892 | $124,700 | $47,300 | $77,400 |
| 2013 | $892 | $169,300 | $47,300 | $122,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Smith
-
John Minor
Seller Co-Listing Agent in 2024
John Minor
Whitetail Properties
(317) 370-2422
270 Total Sales
-
D
Buyer's Agent in 2024
Daniel Shine
Shine Realty, LLC
-
Sharon Robinson
Seller's Agent in 2016
Sharon Robinson
F.C. Tucker Company
(317) 696-8443
81 Total Sales
-
O
Buyer's Agent in 2016
Olen Miller
Mill House Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21966313
APN: 55-10-03-300-002.000-009
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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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