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(SOLD) $7,000

  • 0.44 Acres

Property Description for 0 Ridge Road E Martinsville, IN 46151

Lot 101 offers an unparalleled opportunity to be a part of this exclusive lakeside haven, Painted Hills. Located less than 30 Minutes from Bloomington & Indianapolis, this Private Lake Community offers 2 Fully Stocked Lakes exclusively for Members Only. The 140 Acre Lake Holiday is perfect for Water Skiing or a weekend spent floating on your gas powered pontoon boat. Lake Nebo is a stunning 46 Acre Lake perfect for Kayaks & Paddleboarding and offering the most incredible sunsets! With Fishing Tournaments, a Playground, Dog Park, Pool, Tennis, Basketball, Volleyball, Pickleball, & a Private Beach, there is so much to enjoy at the Painted Hills Clubhouse. With year round Community Events such as the Private 4th of July Fireworks, Breakfast with Santa, Easter Egg Hunt, Summer BBQ Parties, Trunk or Treating in the Fall & an epic New Years Bash, there is always something to do in Painted Hills. With frequent live music hosted in the Members Only Restaurant & Bar, the Painted Pub, your neighbors will become your new best friends! Cedar Creek, Indiana's only Winery, Distillery & Brewery in one location is right across the street from Painted Hills. Offering even more live music year round, a Cigar Bar, Boutique & Additional Restaurant, there is never a shortage of things to enjoy right here in Martinsville. This wooded lot could possibly be developed with an approved Septic System. Utilities are @ the Street with REMC Fiber & Municipal Water. HOA Requires 1,500+ sq ft home with 2 car attached garage. Annual Dues are $713/year & 2023 taxes were $116.49/half. With dues & taxes under $1,000/year, this no maintenance lot is the perfect investment for your recreational use of the Painted Hills Member only amenities. HOA issued docks available with sizeable waiting list. Members will need to launch & load their watercrafts without a local dock. Local Boat & RV Storage is available. No Temporary Structures are Permitted such as Tents/Campers. Mobile & Modular Homes are Prohibited
QuickBuy option for home selling

Address:0 Ridge Road E Martinsville IN 46151
Status:Sold
Sold On: 3/4/2024
Price:$7,000
Bathrooms:0
Lot Size:0.44
County: Morgan
Township: Jackson
MLS #:21964731
Property Type:Residential Lots

Lot Dimensions:19254
Road Frontage:Private Road
Road Access:County Rd
Road Surface:Asphalt
Lot Features:Access, Corner Lot, Rural - Subdivision, Mature Trees, Wooded
Zoning:Residential
Water Source:No Water
Directions:GPS Friendly

Loan Price
$59
Price And Interest $37/month
Property Tax $19/month
MTG INS $0/month
HOME INS $3/month
Price
$7,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$19/month
Home Owner Insurance
$36 / year
HOA Dues
$59 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$116
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$713
HOA Fee Paid:Annually

Area: 5511 - Morgan - Jackson
Subdivision: Painted Hills
Zip Code:46151

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 0 Ridge Road E Martinsville, IN  46151


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Listing provided courtesy of Danielle Stiles with The Modglin Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/19/2024 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

191
Avg. DOM
$177.43
Avg. $ / Sq.Ft.
$ 412,000
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $18,821.79. 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 $446,900.00 and the average price per square feet is $170.52 per square feet. At the moment, the amount of homes listed is exactly 308 houses, with 49 with active status, 38 with pending status and 221 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 $1,980.28. 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 84 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 2069 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Martinsville is $2,295,000.00. 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 $82,000.00 . 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 1899 and the newest built house is in year 2024.

The average size of properties in Martinsville is 3239.51 sq.ft. , the biggest one being 10191 sq.ft. and the smaller being 792 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.