NOT LISTED FOR SALE

8956 Indiana 44 Martinsville, IN 46151

Estimated Value: $436,000 - $477,806

2 Beds
2 Baths
2,880 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $225,000 $78 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,649/month

231 Days on Market

Highlights

  • 24.32 Acre Lot
  • Log Cabin
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of October 2014

Over 24 acres of wooded bliss to enjoy! Great log cabin with walkout basement ideally located atop a hill overlooking your large pond and woods. Cabin has 2 bedrooms and 2 baths on the main level. The basement is unfinished but has plenty of room to add living space. Basement also has area for workshop. Additional building next to cabin has garage and small living space ideal for office or guest house. Property is being sold as-is, personal items are still being removed from the property.

Last Agent to Sell the Property

Bryan Bransteter

Stratton Realty Group, LLC License #RB14033300 Listed on: 03/10/2014

Last Buyer's Agent

Jeffrey Augustinovicz

F.C. Tucker Company License #RB14046323

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1972

Lot Details

  • 24.32 Acre Lot

Parking

  • Garage

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 551025300008000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1972
  • Garage Y N: Yes
  • Lot Size Acres: 24.32
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: Over 24 acres of wooded bliss to enjoy! Great log cabin with walkout basement ideally located atop a hill overlooking your large pond and woods. Cabin has 2 bedrooms and 2 baths on the main level. The basement is unfinished but has plenty of room to add living space. Basement also has area for workshop. Additional building next to cabin has garage and small living space ideal for office or guest house. Property is being sold as-is, personal items are still being removed from the property.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Ceiling Cathedral,Screens Some,Wood Work Stained
  • Living Area: 2880
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Great Room - 2 Story,Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1646
  • Main Level Sq Ft: 1646
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2880
  • Below Grade Sq Ft: 1234
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage,Driveway Asphalt,Driveway Gravel,Storage
  • Foundation Details: Block
  • List Price: 249900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached,2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551025300008000009
  • Acres: >20 Acres
  • Lot Information: Pond,Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 1
  • Lot Size: 24.32 Acres

Tax Info

  • Tax Annual Amount: 822
  • Semi Annual Property Tax Amt: 411
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2021
Sold by
West Malachi
Bought by
Ferrer David R
Current Estimated Value
$461,602

Purchase Details

Listed on
Mar 10, 2014
Closed on
Nov 12, 2014
Sold by
Dzelzitis Egons J
Bought by
West Malachi
Seller's Agent
Bryan Bransteter
Stratton Realty Group, LLC
Buyer's Agent
Jeffrey Augustinovicz
F.C. Tucker Company
List Price
$319,900
Sold Price
$225,000
Premium/Discount to List
-$94,900
-29.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$225,000
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Feb 5, 2005
Sold by
Dzelzitis Egons J and Krautmanis Viktors
Bought by
Dzelzitis Egons J
Source: Public Records

Range of Values:

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Average Value
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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
Ferrer David R -- American Home Title
West Malachi -- Chicago Title Company Llc
Dzelzitis Egons J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrer David R $196,928
Previous Owner West Malachi Kitchel $225,000
Previous Owner West Malachi $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $225,000 -10.0% $78 / Sq Ft
08/22/2014 08/22/14 Price Changed $249,900 -2.0% $87 / Sq Ft
08/08/2014 08/08/14 Price Changed $254,900 -5.6% $89 / Sq Ft
07/08/2014 07/08/14 Price Changed $269,900 -6.9% $94 / Sq Ft
06/04/2014 06/04/14 Price Changed $289,900 -3.3% $101 / Sq Ft
04/17/2014 04/17/14 Price Changed $299,900 -6.3% $104 / Sq Ft
03/10/2014 03/10/14 For Sale $319,900 -- $111 / 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 $2,269 $380,600 $119,000 $261,600
2023 $2,215 $380,600 $119,000 $261,600
2022 $2,024 $371,700 $119,000 $252,700
2021 $1,056 $239,300 $28,500 $210,800
2020 $1,893 $231,400 $28,500 $202,900
2019 $1,970 $222,200 $28,900 $193,300
2018 $1,849 $215,000 $28,900 $186,100
2017 $1,863 $218,400 $29,300 $189,100
2016 $1,791 $200,800 $29,400 $171,400
2014 $872 $210,800 $52,900 $157,900
2013 $872 $210,800 $52,900 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21278198

MIBOR Broker Listing Cooperative®

APN: 55-10-25-300-008.000-009