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(SOLD) $285,000

5880 Paradise Lane Martinsville, IN  46151

  • 2 Beds
  • 1 Baths
  • 1,369 sq. Ft

Property Description for 5880 Paradise Lane Martinsville, IN 46151

STUNNING LAKEFRONT HOME offers a serene retreat with picturesque views. Featuring 2 bedrooms and 1 full bath, the updated kitchen boasts granite countertops and ample counter space, with all stainless steel appliances included. Enjoy the convenience of a washer and dryer that stays with the home. Relax on the covered front porch or in your cozy living room by the wood burning fireplace. Entertain on the covered back deck with deck bar seating overlooking the tranquil lake. Take advantage of lake and private dock access for water activities. The property also includes a 3-car detached garage with a 30 AMP RV hookup, perfect for storing vehicles or watercraft. Additionally, there is extra living space with a heating and cooling source, along with a compost half bath, separated from the main home by a breezeway. Don't miss out on this beautiful lakeside oasis!

Address:5880 Paradise Lane Martinsville IN 46151
Status:Sold
Sold On: 4/9/2024
Price:$285,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,369
Year Built:1960
Lot Size:0.49
County: Morgan
Township: Green
MLS #:21969844
Property Type:Single Family Residence
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:21519
Lot Features:Rural - Subdivision, Mature Trees, Wooded
Water Source:Municipal/City
Directions:Take Whiteland Rd. West from State Road 144 to Banta Rd, South on Banta to Big Bend Rd., West to Paradise Lake Rd., South to the Community Sign, Bear Right at Sign and follow to "T", Left to house on Right.
Main Level Sq. Ft. :1,369
Total Sq. Ft. :1,369

Loan Price
$1,699
Price And Interest $1,487/month
Property Tax $93/month
MTG INS $0/month
HOME INS $119/month
Price
$285,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$93/month
Home Owner Insurance
$1,428 / year
HOA Dues
$28 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 2 12X09 Main
Family Room 17X12 Main
Kitchen 14X11 Main
Living Room 16X11 Main
Primary Bedroom 12X09 Main
11X08 Main

Semi-Annual Property Tax:$555
Tax Year:2023
Other Disclosures:Defects/None Noted
Mandatory HOA Fee:$330
HOA Fee Paid:Annually

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

Total Sq. Ft.:1,369
Interior Features:Attic Access, Breakfast Bar, Center Island, Paddle Fan, Eat-in Kitchen, Screens Some, Wood Work Painted
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Heater
Equipment:Smoke Alarm
Exterior Features:Barn Mini
Exterior Type:Stone, Vinyl Siding
Fuel:Propane Leased
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Propane
Water Heater:Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Heater
Total Rooms:6
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 5880 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 03/22/2024 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

197
Avg. DOM
$177.73
Avg. $ / Sq.Ft.
$ 425,000
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 2370 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.