NOT LISTED FOR SALE

Martinsville, IN 46151

Estimated Value: $370,000 - $589,000

2 Beds
2.5 Baths
2,352 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $355,000 $151 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,753/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • 2 Fireplaces
  • Breakfast Bar

About This Home

As of August 2020

UNBELIEVABLE 300 FT. OF WATER FRONT PROPERTY WITH A COVERED 4 BOAT DOCK! THIS PROPERTY IS ON 2 LOTS (The other is possibly buildable) Living room upstairs features a fireplace and dining area. Large master bedroom w/new sliding door and flooring and freshly painted, walk in closet. Master bath with jetted tub! Great deck off living room and master to view the lake!! Large family room downstairs with bar area and fireplace!! Another huge bedroom downstairs along with full bath and walk in closet. Half bath in laundry area!! Make your way down to the lake and enjoy skiing, fishing, boating, swimming or just boat on over to clubhouse and enjoy lunch!!

Last Agent to Sell the Property

Doug Daniel

Advisor, REALTORS® License #RB14032037 Listed on: 07/21/2020

Last Buyer's Agent

Matthew Mielke

Envoy Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1983

Lot Details

  • 1.05 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Breakfast Bar
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Association fees include clubhouse entrance private maintenance parkplayground pool security snow removal tennis court(s)
  • Painted Hills Subdivision
  • Property managed by Painted Hills Assoc.
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 551418225011000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1983
  • Garage Y N: Yes
  • Lot Size Acres: 1.05
  • Subdivision Name: PAINTED HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: UNBELIEVABLE 300 FT. OF WATER FRONT PROPERTY WITH A COVERED 4 BOAT DOCK! THIS PROPERTY IS ON 2 LOTS (The other is possibly buildable) Living room upstairs features a fireplace and dining area. Large master bedroom w/new sliding door and flooring and freshly painted, walk in closet. Master bath with jetted tub! Great deck off living room and master to view the lake!! Large family room downstairs with bar area and fireplace!! Another huge bedroom downstairs along with full bath and walk in closet. Half bath in laundry area!! Make your way down to the lake and enjoy skiing, fishing, boating, swimming or just boat on over to clubhouse and enjoy lunch!!
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished,Full,Walk-Out Access
  • Appliances: Dryer,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room,Living Room,Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access,Ceiling Vaulted,Walk-in Closet(s),Skylight(s),Wet Bar
  • Living Area: 2352
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer Large
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1176
  • Main Level Sq Ft: 1176
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Deck,Tub Whirlpool
  • Total Sq Ft: 2352
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 1176
  • Pct Optional Level Finished: 100%

Exterior Features

  • Construction Materials: Wood With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Driveway Gravel,Driveway Pavers
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Wood
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Heat Pump
  • Water Source: Community Water
  • Solid Waste: 1
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Painted Hills Assoc.
  • Management Company Phone: 765-342-6024
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse,Entrance Private,Maintenance,ParkPlayground,Pool,Security,Snow Removal,Tennis Court(s)
  • Mandatory Fee: 950

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551418225011000012
  • Acres: 1-3 Acres
  • Lot Information: Cul-De-Sac,Dock Owned,Lakefront,Tree Mature
  • Lot Number: 211, 210
  • Lot Size: 43,824

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1294
  • Semi Annual Property Tax Amt: 647
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 21, 2020
Sold by
Hardesty Rita J
Bought by
Mielke Matthew and Mielke Heidi P
Seller's Agent
Doug Daniel
Advisor, REALTORS®
Buyer's Agent
Matthew Mielke
Envoy Real Estate, LLC
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Current Estimated Value
$453,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,975
Avg. Annual Appreciation
4.85%
Original Mortgage
$319,500
Outstanding Balance
$283,419
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$170,556
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
Mielke Matthew -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mielke Matthew $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $355,000 -3.8% $151 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $369,000 -- $157 / 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 $4,380 $351,700 $86,300 $265,400
2023 $3,546 $346,000 $86,300 $259,700
2022 $3,229 $316,000 $86,300 $229,700
2021 $2,564 $262,600 $71,500 $191,100
2020 $744 $183,800 $55,000 $128,800
2019 $747 $182,100 $55,000 $127,100
2018 $674 $174,100 $55,000 $119,100
2017 $627 $161,800 $55,000 $106,800
2016 $639 $161,900 $55,000 $106,900
2014 $494 $156,200 $55,000 $101,200
2013 -- $169,100 $39,900 $129,200
Source: Public Records

Agents Affiliated with this Home

  • Doug Daniel

    Seller's Agent in 2020

    Doug Daniel

    Advisor, REALTORS®

    (765) 342-7777

    21 Total Sales

    Doug Daniel
    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Mielke

    Envoy Real Estate, LLC

    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21726232

MIBOR Broker Listing Cooperative®

APN: 55-14-18-225-011.000-012

Indiana Morgan County Martinsville

46151

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