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$275,000 $10,000on 4/23/2024(Pending)

5870 Paradise Lane Martinsville, IN  46151

  • 2 Beds
  • 2 Baths
  • 1,000 sq. Ft

Property Description for 5870 Paradise Lane Martinsville, IN 46151

This charming 2 bedroom, 1.5 bath house offers a serene lake view and direct lake access. The open concept floorplan creates a spacious and inviting atmosphere, perfect for entertaining or relaxing. The kitchen features granite countertops, a plethora of cabinets for storage, and a convenient breakfast bar for casual dining. A skylight in the kitchen adds natural light and warmth to the space. The highlight of the home is the 4 season sunroom, offering panoramic views of the lake and creating a tranquil retreat for all seasons. All appliances, including the washer and dryer, are included, making this property move-in ready for its new owners.

Address:5870 Paradise Lane Martinsville IN 46151
Status:Pending
on site: 13 days
Price:$275,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,000
Year Built:1968
Lot Size:0.13
County: Morgan
Township: Green
MLS #:21974787
Property Type:Single Family Residence
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:5576
Lot Features:Rural - Subdivision, Mature Trees
Water Source:Municipal/City
Directions:Take SR 37 south from SR 144 to Waverly Rd. Go left to "T" at Big Bend R, go left to Paradise Lake Rd, turn right - Follow to Paradise Lake Sign. Bear right & stay on blacktop until "T", go left to house on Rt
Main Level Sq. Ft. :1,000
Total Sq. Ft. :1,000

Loan Price
$1,684
Price And Interest $1,435/month
Property Tax $134/month
MTG INS $0/month
HOME INS $115/month
Price
$275,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$134/month
Home Owner Insurance
$1,380 / year
HOA Dues
$28 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/23/24 $285,000 $275,000 -3.51%

RoomSizeLevel
Living Room 16x14 Main
Kitchen 16x09 Main
09x07 Main
Primary Bedroom 13x10 Main
Bedroom 2 12x10 Main
Sun Room 20x11 Main

Semi-Annual Property Tax:$805
Tax Year:2023
Other Disclosures:Defects/None Noted, Sales Disclosure On File
Mandatory HOA Fee:$330
HOA Fee Paid:Annually

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

Total Sq. Ft.:1,000
Interior Features:Bath Sinks Double Main, Breakfast Bar, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Skylight(s), Wood Work Painted, Wood Work Stained
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Smoke Alarm, Sump Pump
Exterior Features:Barn Mini
Exterior Type:Aluminum Siding, Vinyl Siding
Fuel:Propane Leased
Cool:Central Electric
Heat:Gas, Propane
Water Heater:Dishwasher, Dryer, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:5
Lindsey Smalling, REALTOR®/Broker, F. C. Tucker Company
Lindsey Smalling
Phone (317) 435-5914
Additional Phone (317) 210-9570
F.C. Tucker Company
Alicia McAvene, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Alicia McAvene
(317) 797-2925
The Smalling Group

Schools in 5870 Paradise Lane Martinsville, IN  46151


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Listing provided courtesy of Lindsey Smalling with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/18/2024 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 not dropping at the moment. There has been a increase in price of $8,871.73. 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 Up. The average house price is $395,000.00 and the average price per square feet is $174.06 per square feet. At the moment, the amount of homes listed is exactly 315 houses, with 59 with active status, 43 with pending status and 213 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 $1,597.22. 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 92 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 1441 minutes ago.

At the moment we have 0 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 $69,900.00 . 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 1881 and the newest built house is in year 2024.

The average size of properties in Martinsville is 2630.46 sq.ft. , the biggest one being 9366 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.