NOT LISTED FOR SALE

5518 Lincoln Rd Martinsville, IN 46151

Estimated Value: $480,000 - $617,000

4 Beds
3.5 Baths
3,292 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $384,000 $117 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,074/month

88 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Horse or Livestock Barn
  • Pole Barn
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

8 Acre Horse Property w/ totally renovated 4 bed, 3.5 bath home! This homestead is the perfect set-up for horse lovers who are looking for great value in a house w/ barns and pasture. Updated kitchen w/ new solid surface counter tops, new kitchen appliances & newer mechanicals. Fresh 21st century paint and new flooring throughout! Finished basement adds lots of flex space and easy access to outbuildings. 3 stall barn with electricity and water + second pole barn for hay & tractors. Neighborhood riding trails too! Enjoy country living on a dead end road only 2 minutes away from S.R. 37 ~ aerial video of property available upon request. Don't miss this turn key opportunity!

Last Agent to Sell the Property

Doug Fredbeck

Keller Williams Indpls Metro N License #RB14042479 Listed on: 03/13/2019

Keller Williams Indpls Metro N

Co-Listed By

Allison Bartz

Last Buyer's Agent

Rachel Freitas

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1985

Lot Details

  • 8 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Great Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Lookout

Outdoor Features

  • Pole Barn
  • Outbuilding

Farming

  • Horse or Livestock Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 551003300005000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1985
  • Co List Office Phone: 317-846-6300
  • Garage Y N: Yes
  • Lot Size Acres: 8
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: 8 Acre Horse Property w/ totally renovated 4 bed, 3.5 bath home! This homestead is the perfect set-up for horse lovers who are looking for great value in a house w/ barns and pasture. Updated kitchen w/ new solid surface counter tops, new kitchen appliances & newer mechanicals. Fresh 21st century paint and new flooring throughout! Finished basement adds lots of flex space and easy access to outbuildings. 3 stall barn with electricity and water + second pole barn for hay & tractors. Neighborhood riding trails too! Enjoy country living on a dead end road only 2 minutes away from S.R. 37 ~ aerial video of property available upon request. Don't miss this turn key opportunity!
  • Transaction Type: Sale
  • Website: https://youtu.be/3G3K0WtrvUk
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Walk-Out Access, Daylight/Lookout Windows
  • Appliances: Dishwasher, Disposal, MicroHood, Microwave, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Woodburning Fireplce, Other
  • Fireplaces: 1
  • Interior Amenities: Wood Work Painted
  • Living Area: 3292
  • Other Equipment: Smoke Detector
  • Room Count: 11
  • Areas Interior: Foyer Small,Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2088
  • Main Level Sq Ft: 1204
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Suite
  • Total Sq Ft: 3292
  • Kitchen Features: Breakfast Bar,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 1204
  • Upper Level Sq Ft: 884
  • Pct Optional Level Finished: 100%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Pole, Fence Partial, Out Building With Utilities
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Propane Owned
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Service Door,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Private Well 2nd Source
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551003300005000009
  • Acres: 5-10 Acres
  • Lot Information: Not In Subdivision,Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 8ac

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1416
  • Semi Annual Property Tax Amt: 708
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jul 26, 2019
Sold by
Boswell Cathleen N and Cain Zachary M
Bought by
Roberts Daniel A and Roberts Jerica D
Seller's Agent
Doug Fredbeck
Keller Williams Indpls Metro N
Buyer's Agent
Rachel Freitas
Berkshire Hathaway Home
List Price
$385,000
Sold Price
$384,000
Premium/Discount to List
-$1,000
-0.26%
Current Estimated Value
$543,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,746
Avg. Annual Appreciation
5.71%
Original Mortgage
$364,800
Outstanding Balance
$320,152
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$223,594

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jul 21, 2017
Sold by
Smidt Murray John
Bought by
Boswell Cathleen N and Cain Zachary M
Seller's Agent
Billie Shue
Buyer's Agent
Doug Fredbeck
Keller Williams Indpls Metro N
List Price
$280,000
Sold Price
$258,000
Premium/Discount to List
-$22,000
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.88%
Original Mortgage
$285,000
Interest Rate
3.91%
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
Roberts Daniel A -- Chicago Title Company Llc
Boswell Cathleen N -- Lenders Escrow & Title Servi
Smidt Murray John -- Lenders Escrow & Title Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Daniel A $364,800
Previous Owner Boswell Cathleen N $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $384,000 +4.1% $117 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $369,000 -4.2% $112 / Sq Ft
03/13/2019 03/13/19 For Sale $385,000 +49.2% $117 / Sq Ft
07/21/2017 07/21/17 Sold $258,000 -7.9% $78 / Sq Ft View Prior Sale
05/07/2017 05/07/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $280,000 -- $85 / 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 $2,564 $417,900 $142,000 $275,900
2023 $2,517 $418,100 $142,000 $276,100
2022 $2,144 $389,000 $135,000 $254,000
2021 $1,610 $305,500 $104,000 $201,500
2020 $1,560 $308,700 $104,000 $204,700
2019 $1,518 $277,900 $104,000 $173,900
2018 $1,414 $267,600 $104,000 $163,600
2017 $1,416 $265,400 $104,000 $161,400
2016 $1,297 $242,900 $81,100 $161,800
2014 $1,084 $245,600 $81,100 $164,500
2013 $1,084 $253,700 $81,100 $172,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21625740

MIBOR Broker Listing Cooperative®

APN: 55-10-03-300-005.000-009