NOT LISTED FOR SALE

Martinsville, IN 46151

Estimated Value: $435,000 - $602,803

28.94 Acres
$17,240 Price per Acre
1,260,626 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $439,737 $257 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,838/month

19 Days on Market

About This Lot

As of December 2024

This property encompasses 28.94 acres, featuring 23.83 acres of prime tillable land. With road frontage on two sides, it presents an ideal opportunity for a small livestock farm or a fantastic building site. The blend of open land and excellent accessibility provides a wealth of possibilities for development or agricultural use. Boasting an impressive 2,070 feet of road frontage, this property is a versatile canvas for your dreams.

Last Agent to Sell the Property

Eric Richards

Landproz of Indiana, LLC Brokerage Email: ericrichards@landproz.com License #RB15001584 Listed on: 10/16/2024

Last Buyer's Agent

Khloe Presnell

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 28.94

Additional Features

  • 28.94 Acre Lot
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55-10-11-400-011.001-009
  • Assessor Parcel Number 551011400011001009
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 28.94
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: ericrichards@landproz.com
  • Attribution Contact: ericrichards@landproz.com
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Hilly
  • Road Access: County Rd
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 1241024.4
  • Parcel Number: 551011400011001009
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Rectangle,Rural
  • Present Zoning: Agricultur
  • Soil Type: Clay
  • Divisible: No

Tax Info

  • Tax Annual Amount: 495.92
  • Tax Lot: 55-10-11-400-011.001-009
  • Semi Annual Property Tax Amt: 247.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Wallace Deborah A and The Herschel L Wallace Trust
Bought by
Mappes Cody
Current Estimated Value
$498,934

Purchase Details

Closed on
Dec 16, 2019
Sold by
Howe Stacy
Bought by
Tuttle Deborah A Wallace

Purchase Details

Closed on
Dec 17, 2018
Sold by
Tuttle Deborah Wallace and Herschel L Wallace Trust
Bought by
Tuttle Deborah Wallace and Herschel L Wallace Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mappes Cody -- None Available
Tuttle Deborah A Wallace -- None Available
Tuttle Deborah Wallace -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $439,737 -11.2% $257 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $495,000 -- $290 / 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 $2,557 $363,500 $150,600 $212,900
2023 $2,293 $344,900 $136,400 $208,500
2022 $1,890 $315,700 $121,300 $194,400
2021 $1,345 $239,400 $82,500 $156,900
2020 $1,271 $235,200 $82,300 $152,900
2019 $1,263 $216,300 $92,800 $123,500
2018 $1,210 $212,800 $94,700 $118,100
2017 $1,252 $216,600 $103,800 $112,800
2016 $1,320 $216,000 $103,200 $112,800
2014 $1,073 $214,500 $105,100 $109,400
2013 $1,073 $232,500 $94,300 $138,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eric Richards

    Landproz of Indiana, LLC

    (317) 557-1376

    34 Total Sales

    Eric Richards
    Section Image

  • K

    Buyer's Agent in 2024

    Khloe Presnell

    Keller Williams Indy Metro S

    Section Image

  • K

    Buyer's Agent in 2024

    Khloe Anderson

    Land Pro Realty

    (317) 753-8627

    140 Total Sales

    Khloe Anderson
    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22006852

MIBOR Broker Listing Cooperative®

APN: 55-10-11-400-001.000-009

Indiana Morgan County Martinsville

46151

Not Listed for Sale

Lots

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