5570 Paradise Ct Martinsville, IN 46151
2
Beds
1
Bath
1,116
Sq Ft
0.27
Acres
Highlights
- Lake Front
- Lake Privileges
- Deck
- Water Access
- Mature Trees
- Vaulted Ceiling
About This Home
As of July 2025Located on a quiet cul-de-sac, this waterfront home overlooks 9 Acres of Paradise Lake, and offers a 16 X 24 Private Dock with a boat slip on the water! This smaller lake is very clean and great for fishing, swimming, paddle boarding, kayaking, and even smaller boats with a trolling motor? The back deck spans the entire width of the home overlooking the lake and is great for entertaining and relaxation. This 2 Bedroom/1 Bath home could be a great place to live full time or serve as a sweet weekend retreat! The open concept living room and kitchen includes vaulted ceilings, hardwood floors, white cabinets with a ceramic backsplash, and stainless steel appliances. The larger entry space can be used as an office or a separate living area. There is an unfinished Lower Level (accessible from the outside) with roughed-in plumbing for another full bath, perfect for cleaning up after spending your day out on the lake, or for storing your lake toys during the winter! This home offers a climate controlled finished garage/workshop, a New Furnace and A/C, and is located within minutes of Greenwood!
Last Agent to Sell the Property
F.C. Tucker Company Brokerage Email: hildashomes@gmail.com License #RB14042127 Listed on: 07/17/2024
Last Buyer's Agent
Lindsey Smalling
F.C. Tucker Company
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,622
Year Built
- Built in 1960
Lot Details
- 0.27 Acre Lot
- Lake Front
- Cul-De-Sac
- Mature Trees
HOA Fees
- $28 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Block Foundation
- Cement Siding
Interior Spaces
- 1,116 Sq Ft Home
- Built-in Bookshelves
- Woodwork
- Vaulted Ceiling
- Paddle Fans
- Entrance Foyer
- Wood Flooring
- Lake Views
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Walk-Out Basement
- Sump Pump
Outdoor Features
- Water Access
- Lake Privileges
- Deck
- Fire Pit
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Programmable Thermostat
- Electric Water Heater
Community Details
- Association fees include insurance, maintenance
- Paradise Lake Subdivision
- Property managed by Paradise Lake HOA
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 49 / A
- Assessor Parcel Number 551001192003000009
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Sep 3, 2024
Sold by
Farrell Rita
Bought by
Hillman Damon and Wolfe Sydney
Seller's Agent
Hilda Rives- Princell
F.C. Tucker Company
Buyer's Agent
Lindsey Smalling
F.C. Tucker Company
List Price
$275,000
Sold Price
$276,750
Premium/Discount to List
$1,750
0.64%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Purchase Details
Listed on
Jul 29, 2021
Closed on
Oct 29, 2021
Sold by
Combs Dean A and Combs Rebecca S
Bought by
Farrell Rita
Seller's Agent
Gregory Leugers
Keller Williams Indy Metro S
Buyer's Agent
Shelly Walters
F.C. Tucker Company
Sold Price
$227,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$181,600
Interest Rate
3.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2017
Sold by
Combs Dean A
Bought by
Combs Dean A and Combs Rebecca S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
3.88%
Mortgage Type
New Conventional
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 | $276,750 | Title Services | |
| Warranty Deed | -- | Denali T&E Agcy Inc | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $181,600 | New Conventional | |
| Previous Owner | $104,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $300,000 | -1.6% | $269 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $305,000 | +10.2% | $273 / Sq Ft |
| 09/03/2024 09/03/24 | Sold | $276,750 | +0.6% | $248 / Sq Ft |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $275,000 | +21.1% | $246 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $227,000 | 0.0% | $113 / Sq Ft |
| 10/03/2021 10/03/21 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | -- | -- | -- |
| 09/21/2021 09/21/21 | Off Market | $227,000 | -- | -- |
| 09/21/2021 09/21/21 | For Sale | -- | -- | -- |
| 08/03/2021 08/03/21 | Off Market | $227,000 | -- | -- |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $225,000 | -- | $112 / 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 | $861 | $189,300 | $69,700 | $119,600 |
| 2023 | $811 | $188,300 | $69,700 | $118,600 |
| 2022 | $721 | $179,700 | $69,700 | $110,000 |
| 2021 | $472 | $138,500 | $47,500 | $91,000 |
| 2020 | $433 | $134,800 | $47,500 | $87,300 |
| 2019 | $420 | $126,600 | $47,500 | $79,100 |
| 2018 | $318 | $110,100 | $47,500 | $62,600 |
| 2017 | $311 | $109,400 | $47,500 | $61,900 |
| 2016 | $196 | $85,600 | $23,600 | $62,000 |
| 2014 | $109 | $70,800 | $23,600 | $47,200 |
| 2013 | $109 | $70,800 | $23,600 | $47,200 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Smalling
Seller's Agent in 2025
Lindsey Smalling
F.C. Tucker Company
(317) 435-5914
1,170 Total Sales
-
Sydney Wolfe
S
Seller Co-Listing Agent in 2025
Sydney Wolfe
F.C. Tucker Company
(765) 318-2773
37 Total Sales
-
D
Buyer's Agent in 2025
Darla Hubble
Trusted Realty Partners of Ind
-
Hilda Rives- Princell
Seller's Agent in 2024
Hilda Rives- Princell
F.C. Tucker Company
(317) 490-2113
66 Total Sales
-
Gregory Leugers
Seller's Agent in 2021
Gregory Leugers
Keller Williams Indy Metro S
(317) 695-7368
199 Total Sales
-
Robert Speas
R
Seller Co-Listing Agent in 2021
Robert Speas
Keller Williams Indy Metro S
(865) 694-5904
124 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21990106
APN: 55-10-01-192-003.000-009
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