5535 E King Trail Martinsville, IN 46151
3
Beds
3
Baths
3,500
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 2025OPEN HOUSES THIS WEEKEND! Looking for New Construction, but no time to build? WELCOME TO YOUR PRIVATE WATERFRONT OASIS. Sitting on just under 9 acres with a 6 acre lake, this stunning Steve Thacker Custom Built Home is located at the end of a long driveway off SR 252. With Indian Creek Schools and less than 35 Minutes from the Indianapolis Airport & Bloomington, this property is perfectly tucked away with rolling hills and untouched nature. Imagine hosting your family at your private lake cabin, with not a neighbor in sight. This property is loaded with ATV trails, mushrooms, a creek and mature woods. Step inside to soaring ceilings with a custom high-end design that speaks to both luxury and comfort. With the perfect open floor plan, this home offers exceptional natural light. The Amish Built Cabinets, Massive Quartz Countertop, Walk in Pantry, Mudroom, Safe Room, Home Office, and the Tankless Water Heater are just the tip of the iceberg. You will have the most incredible Primary Bedroom on the main floor, offering serene views of the water in the winter months and unmatched privacy with your walkout covered porch. Your walkout basement is perfect for guests with additional bedrooms & TONS OF STORAGE. You won't believe how expansive and secluded this property is. With no HOA to worry about, you can truly make this retreat your own-whether it's stargazing in silence, fishing by the water, or simply enjoying the privacy and space you've been craving. This is your chance to live the quiet life without sacrificing convenience-just a short drive to the amenities of the city, but miles away from the noise.
Last Agent to Sell the Property
The Modglin Group Brokerage Email: RealEstate@DanielleStiles.com License #RB18000499 Listed on: 09/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $668
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
- Additional Parcels
Parking
- 2 Car Attached Garage
- Garage Door Opener
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 551417235001002012
- 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
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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: 22002451
APN: 55-14-17-235-001.002-012
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