NOT LISTED FOR SALE

953 Cedar Trace Martinsville, IN 46151

Estimated Value: $462,000 - $895,196

10.03 Acres
$62,220 Price per Acre
436,907 Sq Ft Lot

Last Sold July 11, 2014

Last sale price $112,000

Est. 457% increase in value since last sale

Current estimated payment $3,677/month

31 Days on Market

About This Lot

As of July 2014

The Cedars... Morgan county's only gated community! For the discerning buyer who wants the best in country living and security, yet so close to shopping, schools and community activities! Private and secluded, large parcels from 4 acres to 10 acre sites. Each beautiful parcel offers it's own unique personality from wooded overlook views to creekside building sites. Enjoy abundant wildlife. Bring your builder and plans, come home to the best, The Cedars! Parcels are shown by appointment only.

Last Agent to Sell the Property

Sheila Scott

Keller Williams Indy Metro S Listed on: 04/06/2014

Keller Williams Indy Metro S

Last Buyer's Agent

David Brenton

DAVID BRENTON'S TEAM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108

Lot Details

  • 10.03

HOA Fees

  • $17 Monthly HOA Fees

Additional Features

  • 10.03 Acre Lot
  • Septic Needed

Community Details

  • Association fees include maintenance, snow removal
  • The Cedars Subdivision

Listing and Financial Details

  • Assessor Parcel Number 551301490005000020

Property Details

Property Type

Land

Est. Annual Taxes

$108

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2013
  • Lot Size Acres: 10.03
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: THE CEDARS
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Topography: Cleared,Wooded,Level
  • Road Access: HwyState
  • Water: Municipal Water on Site

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance, Other, Snow Removal

Lot Info

  • Development Status: Finished Lot(s), Surveyed
  • Parcel Number: 551301490005000020
  • Zoning: Residential
  • Acres: 10-14 Acres
  • Lot Number: 5
  • Lot Size: 10.030
  • Improvements: NotApplic
  • Land Characteristics: Platted Subdivision,Rural In Subdivsion,Wooded
  • Potential Zoning: Planned Development
  • Present Zoning: Planned Development
  • Soil Type: NotApplic
  • Numberof Lotsin Subdv: 6

Tax Info

  • Tax Annual Amount: 108
  • Semi Annual Property Tax Amt: 54
  • Tax Exemption: None

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2016
Sold by
Elsner Bryce
Bought by
Alspaugh Brian D and Alspaugh Jenna E
Current Estimated Value
$624,065

Purchase Details

Listed on
Apr 6, 2014
Closed on
Jul 10, 2014
Sold by
Stafford Barry L and Stafford Dana L
Bought by
Alspaugh Brian D and Alspaugh Jenna E
Seller's Agent
Sheila Scott
Keller Williams Indy Metro S
Buyer's Agent
David Brenton
DAVID BRENTON'S TEAM
List Price
$140,000
Sold Price
$112,000
Premium/Discount to List
-$28,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Alspaugh Brian D $2,500 None Available
Alspaugh Brian D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alspaugh Brian D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $112,000 -20.0% --
05/08/2014 05/08/14 Pending -- -- --
04/06/2014 04/06/14 For Sale $140,000 -- --
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 $4,540 $713,400 $160,300 $553,100
2023 $4,383 $728,600 $169,500 $559,100
2022 $3,838 $669,800 $169,500 $500,300
2021 $3,152 $579,600 $143,700 $435,900
2020 $2,959 $567,500 $143,700 $423,800
2019 $3,035 $538,200 $143,700 $394,500
2018 $2,771 $505,900 $143,700 $362,200
2017 $2,518 $465,700 $136,500 $329,200
2016 $2,621 $465,700 $136,500 $329,200
2014 $130 $17,700 $17,700 $0
2013 $130 $17,700 $17,700 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sheila Scott

    Keller Williams Indy Metro S

    Section Image

  • D

    Buyer's Agent in 2014

    David Brenton

    DAVID BRENTON'S TEAM

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21283654

MIBOR Broker Listing Cooperative®

APN: 55-13-01-490-005.000-020

Indiana Morgan County Martinsville 46151

953 Cedar Trace, 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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