NOT LISTED FOR SALE

7355 Sichting Rd Martinsville, IN 46151

Estimated Value: $244,000 - $348,000

2 Beds
1 Bath
560 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $141,500 $253 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,630/month

73 Days on Market

Highlights

  • Cabana
  • Deck
  • Cathedral Ceiling
  • Home fronts a creek
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2017

Beautifully built 2 bedroom log cabin resort featuring a fireplace built with bricks from an old Indiana Schoolhouse. The kitchen cabinets and doors were built by a local artist. Gorgeous views of the pond from the handcrafted deck. Don't miss out on this one!

Last Agent to Sell the Property

Jennifer Sadler

Sadler Real Estate License #RB14031977 Listed on: 06/05/2017

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1988

Lot Details

  • 1.72 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Blower Fan
  • Bay Window
  • Window Screens
  • Great Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump with Backup
  • Basement Window Egress

Outdoor Features

  • Cabana
  • Deck

Schools

  • Green Township Elementary School
  • Martinsville High School

Utilities

  • Heating system powered by renewable energy
  • Geothermal Heating and Cooling
  • Heating System Uses Propane
  • Well
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 551034400005000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1988
  • Building Area Total: 1120
  • Garage Y N: Yes
  • Lot Size Acres: 1.72
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jensadler7@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Walk Out, Egress Window(s), Sump Pump w/Backup
  • Appliances: Electric Oven, Propane Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 560
  • Fireplace Features: Blower Fan, Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Screens Complete, Skylight(s), Window Bay Bow, Eat-in Kitchen
  • Living Area: 560
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 560
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Full
  • Patio And Porch Features: Deck Main Level
  • Pool Features: Cabana
  • Waterfront Features: Creek, Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Fuel: Renewable Source

Utilities

  • Cooling: Central Electric, Geothermal
  • Heating: Geothermal, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 74923
  • Parcel Number: 551034400005000009
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1158
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 579
  • Tax Exemption: Other Tax Exemption/See Remarks

MLS Schools

  • Elementary School: Green Township Elementary School
  • High School: Martinsville High School
  • Schools: GREEN TOWNSHIP ELEMENTARY,MARTINSVILLE EAST MIDDLE,MARTINSVILLE HIGH,MARTINSVILLE WEST MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 18, 2017
Sold by
Fenney Ruiz Joseph Adamje and Emswiller Claire
Bought by
Lawrence Morris and Lawrence Diane
Seller's Agent
Jennifer Sadler
Sadler Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$164,500
Sold Price
$141,500
Premium/Discount to List
-$23,000
-13.98%
Current Estimated Value
$297,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,615
Avg. Annual Appreciation
9.47%
Original Mortgage
$101,500
Outstanding Balance
$84,694
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$212,421
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence Morris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Morris $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $141,500 -14.0% $253 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $164,500 -- $294 / 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 $804 $251,100 $66,500 $184,600
2023 $852 $257,100 $66,500 $190,600
2022 $819 $257,000 $66,500 $190,500
2021 $450 $194,600 $33,200 $161,400
2020 $317 $176,400 $31,000 $145,400
2019 $301 $165,100 $31,000 $134,100
2018 $177 $150,100 $31,000 $119,100
2017 $195 $149,000 $31,000 $118,000
2016 $1,158 $137,700 $31,000 $106,700
2014 $809 $117,400 $25,600 $91,800
2013 $809 $119,600 $25,600 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Sadler

    Seller's Agent in 2017

    Jennifer Sadler

    Sadler Real Estate

    (765) 346-0200

    64 Total Sales

    Jennifer Sadler
    Section Image

  • N

    Buyer's Agent in 2017

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2017

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21490000

MIBOR Broker Listing Cooperative®

APN: 55-10-34-400-005.000-009

Indiana Morgan County Martinsville 46151

7355 Sichting Rd, Martinsville, IN

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MIBOR Broker Listing Cooperative® 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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