NOT LISTED FOR SALE

8175 Cedar Run Dr Martinsville, IN 46151

Estimated Value: $451,506 - $587,000

3 Beds
2.5 Baths
2,412 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $302,500 $125 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,861/month

25 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • 3 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Tray Ceiling

About This Home

As of September 2017

Immaculate, custom, all brick ranch on 2 acres designed with split floor plan, 9 ft/vaulted ceilings, extra-wide solid wood doors, Anderson windows, & intricate trim work. Features 3 lrg bdrms; all w/ walk-in closets & an oversized 3 car garage. 2nd and 3rd bdrms share Jack-&-Jill bath, while the oversized master bed/bath includes 2 closets & a large walk-in, tiled shower. Detailed cubby system in the mudroom is exceptional! Amount of natural light in this home is breathtaking! 4 Star Schools!

Last Agent to Sell the Property

Justin Ray

Listed on: 07/30/2017

Co-Listed By

Jack Ray

The Stewart Home Group

Last Buyer's Agent

Michael Huff

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 2014

Lot Details

  • 2.03 Acre Lot
  • Rural Setting

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Cultured Stone Exterior

Interior Spaces

  • 2,412 Sq Ft Home
  • Built-in Bookshelves
  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Storage

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Cedar Run Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 44 / 2
  • Assessor Parcel Number 551023425031000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,052

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2014
  • Building Area Total: 2412
  • Co List Office Phone: 317-831-4921
  • Garage Y N: Yes
  • Lot Size Acres: 2.0331
  • Subdivision Name: Cedar Run
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: justin.ray6411@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Storage, Hi-Speed Internet Availbl, Pantry
  • Living Area: 2412
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2412
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Plans
  • SqFt Total: 2412

Exterior Features

  • Construction Materials: Brick, Cultured Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • Patio And Porch Features: Covered Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Utilities: Gas, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • H O A Disclosures: Covenants & Restrictions

Lot Info

  • Lot Features: Rural - Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 45000
  • Parcel Number: 551023425031000009
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2052
  • Tax Block: 2
  • Tax Lot: 44
  • Semi Annual Property Tax Amt: 1026
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2017
Closed on
Sep 15, 2017
Sold by
Ray Justin C and Ray Lindsay M
Bought by
Powell Timothy L and Powell Deborah E
Seller's Agent
Justin Ray
Buyer's Agent
Michael Huff
Keller Williams Indy Metro S
List Price
$310,000
Sold Price
$302,500
Premium/Discount to List
-$7,500
-2.42%
Current Estimated Value
$513,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,127
Avg. Annual Appreciation
6.74%
Original Mortgage
$260,339
Outstanding Balance
$217,343
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$296,284

Purchase Details

Closed on
Oct 10, 2012
Sold by
Cole John W and Cole Shirley A
Bought by
Ray Justin C and Ray Lindsay M
Source: Public Records

Range of Values:

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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
Powell Timothy L -- None Available
Ray Justin C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Timothy L $260,339
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $302,500 -2.4% $125 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
07/30/2017 07/30/17 For Sale $310,000 -- $129 / 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 $1,908 $360,800 $30,500 $330,300
2023 $1,830 $365,500 $30,500 $335,000
2022 $1,619 $342,900 $30,500 $312,400
2021 $1,241 $284,800 $30,500 $254,300
2020 $1,138 $275,800 $30,500 $245,300
2019 $1,077 $246,800 $30,100 $216,700
2018 $988 $237,300 $30,100 $207,200
2017 $970 $235,100 $30,800 $204,300
2016 $1,026 $237,200 $30,800 $206,400
2014 $1,040 $145,300 $30,800 $114,500
2013 -- $27,700 $27,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Justin Ray

  • J

    Seller Co-Listing Agent in 2017

    Jack Ray

    The Stewart Home Group

    Section Image

  • M

    Buyer's Agent in 2017

    Michael Huff

    Keller Williams Indy Metro S

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21502689

MIBOR Broker Listing Cooperative®

APN: 55-10-23-425-031.000-009

Indiana Morgan County Martinsville 46151

8175 Cedar Run Dr, Martinsville, IN

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