5535 E King Trail Martinsville, IN 46151
3
Beds
3
Baths
3,505
Sq Ft
8.72
Acres
Highlights
- Lake Front
- New Construction
- Mature Trees
- Water Access
- Home fronts a creek
- Deck
About This Home
As of March 2025Rare opportunity! Welcome to your private waterfront sanctuary! Tucked at the end of a secluded driveway off SR 252, this stunning Steve Thacker custom-built home sits on nearly 9 acres, highlighted by a tranquil 6-acre lake. Just 35 minutes from both Indianapolis Airport and Bloomington, this property offers the perfect mix of peace and convenience. Surrounded by rolling hills, mature trees, and untouched nature, you'll feel completely removed from the hustle and bustle, yet still close to everything you need. Spend your days fishing on the lake, exploring ATV trails, or enjoying the sounds of the peaceful water. The home's design is both luxurious and inviting, featuring soaring ceilings, abundant natural light, and an open-concept floor plan. High-end finishes, including Amish-built cabinetry, a huge quartz countertop, a large walk-in pantry, a mudroom, and a safe room, epoxy garage and brand new custom pavers, create the ideal setting for modern living. Step out from your walk-out basement onto a stunning brand-new custom paver patio, offering breathtaking lake views-the perfect spot for relaxing or entertaining. The main-floor primary suite provides sweeping seasonal lake views and exceptional privacy, complete with its own walkout covered porch. The walkout basement offers ample space for guests with additional bedrooms and plenty of storage. Plus, enjoy peace of mind with a brand-new tankless water heater, new perimeter drains, and buried downspouts, ensuring optimal function and low maintenance. The cabin in the woods makes for a perfect little oasis to relax and enjoy nature. With no HOA to limit your options, this property is yours to make your own. Whether you're stargazing, hiking the trails, or just relaxing in the peace and privacy of your very own oasis, the possibilities are endless. This is a rare opportunity to own a truly exceptional home, blending the tranquility of nature with the convenience of nearby city amenities. Your private retreat await
Last Agent to Sell the Property
eXp Realty LLC Brokerage Email: alex@locksteprealty.com License #RB14051484 Listed on: 01/24/2025
Co-Listed By
eXp Realty LLC Brokerage Email: alex@locksteprealty.com License #RB19001435
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,250
Year Built
- Built in 2021 | New Construction
Lot Details
- 8.72 Acre Lot
- Home fronts a creek
- Lake Front
- Rural Setting
- Mature Trees
- Wooded Lot
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Woods
- Creek or Stream
- Rural
Home Design
- Contemporary Architecture
- Ranch Style House
- Traditional Architecture
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Vinyl Plank Flooring
- Attic Access Panel
- Laundry on main level
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
- Basement Window Egress
Accessible Home Design
- Accessible Full Bathroom
- Accessibility Features
Outdoor Features
- Water Access
- Balcony
- Deck
- Covered patio or porch
- Fire Pit
- Outbuilding
Schools
- Indian Creek Elementary School
- Indian Creek Middle School
- Indian Creek Intermediate School
- Indian Creek Sr High School
Utilities
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Liquid Propane Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot /55-14-17-235-001.002-012 & 55-14-17-235-001.003-012
- Assessor Parcel Number 551417235001003012
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 15, 2024
Sold by
Cazzell Michael L and Crone Ashley
Bought by
Farmer Joseph M
Seller's Agent
Danielle Stiles
The Modglin Group
Buyer's Agent
Miranda Black
eXp Realty LLC
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Views
60
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
-$196,002
Avg. Annual Appreciation
-31.23%
Similar Homes in Martinsville, IN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $810,000 | Courtland Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $849,000 | 0.0% | $242 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $849,000 | +4.8% | $242 / Sq Ft |
| 10/15/2024 10/15/24 | Sold | $810,000 | -1.8% | $231 / Sq Ft |
| 09/22/2024 09/22/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $825,000 | -- | $236 / Sq Ft |
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 | $668 | $53,600 | $31,200 | $22,400 |
| 2023 | $539 | $52,600 | $31,200 | $21,400 |
| 2022 | $512 | $50,100 | $31,200 | $18,900 |
| 2021 | $449 | $46,000 | $17,000 | $29,000 |
| 2020 | $398 | $44,600 | $17,000 | $27,600 |
| 2019 | $414 | $45,200 | $17,000 | $28,200 |
| 2018 | $372 | $42,000 | $17,000 | $25,000 |
| 2017 | $365 | $39,900 | $17,000 | $22,900 |
| 2016 | $374 | $40,100 | $17,000 | $23,100 |
| 2014 | $289 | $39,900 | $17,000 | $22,900 |
| 2013 | $289 | $40,200 | $17,000 | $23,200 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Montagano
Seller's Agent in 2025
Alex Montagano
eXp Realty LLC
(219) 508-9520
795 Total Sales
-
Miranda Black
M
Seller Co-Listing Agent in 2025
Miranda Black
eXp Realty LLC
(317) 397-1882
52 Total Sales
-
Roger Webb
Buyer's Agent in 2025
Roger Webb
Roger Webb Real Estate, Inc
(317) 332-3105
241 Total Sales
-
Danielle Stiles
Seller's Agent in 2024
Danielle Stiles
The Modglin Group
(317) 270-0634
137 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22019211
APN: 55-14-17-235-001.002-012
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