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(SOLD) $385,000

5920 Paradise Lake Road Martinsville, IN  46151

  • 3 Beds
  • 3 Baths
  • 2,798 sq. Ft

Property Description for 5920 Paradise Lake Road Martinsville, IN 46151

Exquisite 3 bedroom, 2.5 bathroom brick ranch home on PARADISE LAKE! Two supplementary rooms, ideal for a home office, den or playroom. The manicured landscaping creates a warm welcome, while the 2-car side-load garage offers ample parking space. The full finished walkout basement presents an ideal entertainment area, with two separate living spaces on the main and lower levels. The kitchen is equipped with beautiful custom-built cabinetry, a sizable walk-in pantry, and built-in cabinetry for streamlined meal preparation. Relish the cozy ambiance of the wood-burning fireplace and generously sized rooms. Step out onto the revamped dock, perfect for fishing, swimming, or kayaking. The included storage shed on the dock provides ample storage for water sports equipment. Enjoy the tranquility of the screened-in porch, suitable for use as a workshop or a peaceful escape. This paradise is conveniently located just minutes from Bargersville and Martinsville, offering the ultimate combination of serenity and convenience.
QuickBuy option for home selling

Address:5920 Paradise Lake Road Martinsville IN 46151
Status:Sold
Sold On: 6/28/2024
Price:$409,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,798
Year Built:1971
Lot Size:0.46
County: Morgan
Township: Green
MLS #:21977900
Property Type:Single Family Residence

Lot Dimensions:19950
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Other
Directions:GPS Friendly
Main Level Sq. Ft. :1,546
Total Sq. Ft. :2,798
Basement:Yes

Loan Price
$2,310
Price And Interest $2,008/month
Property Tax $142/month
MTG INS $0/month
HOME INS $160/month
Price
$385,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$142/month
Home Owner Insurance
$1,920 / year
HOA Dues
$21 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 13x13 Main
Bedroom 2 13x13 Main
Bedroom 3 13x13 Main
Office 14x9 Main
Great Room 28x14 Main
Play Room 17x14 Basement
Kitchen 10x10 Basement
Dining Room 13x10 Basement
Family Room 26x13 Basement
Library 11x8 Basement

Semi-Annual Property Tax:$849
Tax Year:2023
Mandatory HOA Fee:$250
HOA Fee Paid:Annually

Area: 5510 - Morgan - Green
Subdivision: Paradise Lake
Zip Code:46151

Total Sq. Ft.:2,798
Interior Features:Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen
Interior Area(s):Laundry in Garage, Utility Room
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Purifier
Equipment:Smoke Alarm, Sump Pump
Exterior Features:Storage Shed
Exterior Type:Brick
Fireplace(s):Family Room, Woodburning Fireplce
Cool:Central Electric
Heat:Electric
Water Heater:Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Purifier
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Tana Smythe with Smythe & Co, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/06/2024 12:00 AM. 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.





Martinsville Market Report

188
Avg. DOM
$163.9
Avg. $ / Sq.Ft.
$ 336,450
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $4,226.84. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Martinsville are going Down. The average house price is $344,000.00 and the average price per square feet is $159.25 per square feet. At the moment, the amount of homes listed is exactly 401 houses, with 92 with active status, 40 with pending status and 269 sold in Martinsville .

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Martinsville .

The average amount of property taxes you would have to pay for a home in Martinsville is $1,781.65. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Martinsville are staying listed for an average of 76 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Martinsville was 1412 minutes ago.

At the moment we have 6 open houses that you can visit.

The cost of the most expensive home in Martinsville is $1,980,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Martinsville is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Martinsville in year 1859 and the newest built house is in year 2025.

The average size of properties in Martinsville is 2790.98 sq.ft. , the biggest one being 10191 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.