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(SOLD) $55,000

000 E North Point Road E Martinsville, IN  46151

  • 0.97 Acres

Property Description for 000 E North Point Road E Martinsville, IN 46151

Building your Dream Home with Sunset Lake Views just became possible with these 2 lots in the exclusive Lake Community, Painted Hills. Nestled in the woods in Morgan County's Best Kept Secret, you will love these Buildable Lots that are prepped & ready for your 3 Bedroom home! Perfect for a walkout basement or a ranch with no hills on the drive in, this land offers the most stunning sunsets over the 46 Acre Lake Nebo. This private lake community is just outside of Martinsville & members enjoy 2 fully stocked lakes & plenty of room for water sports. Located only 30 min from Indianapolis & Bloomington & minutes from Indiana's only Winery, Distillery & Brewery in one location, Cedar Creek, you can enjoy outdoor concerts with your own private lake views. This private cove could be waterfront with dredging & the HOA's permission for a new dock. There are No Airbnb or Temporary Rentals Allowed in Painted Hills so this exclusive community offers an unmatched lifestyle. From the private restaurant & bar, swimming pool, tennis courts, pickleball, beach, dog park & playground, Breakfast with Santa, Easter Egg Hunts, Truck or Treating, & so much more, this community offers all of the amenities your family will love! Utilities @ Street with REMC Fiber & Painted Hills Water. Septic REQUIRED & will dictate your building & driveway location. Markers are on the property to identify a possible Building Location & the Soil Sample Locations. HOA requires a 1,500+ sq ft home with a 2 car garage. No timeline to building is required. Dues are $713/year Due May 1st BEFORE HOUSE & $950/year once a residence has been established. Dual School Systems for both MSD of Martinsville & Indian Creek. Call Danielle Stiles to learn more about land for sale in Painted Hills!
QuickBuy option for home selling

Address:000 E North Point Road E Martinsville IN 46151
Status:Sold
Sold On: 5/24/2024
Price:$59,900
Bathrooms:0
Lot Size:0.97
County: Morgan
Township: Jackson
MLS #:21971328
Property Type:Residential Lots

Lot Dimensions:42253
Road Frontage:Private Road
Road Access:Frontage Road
Road Surface:Gravel
Lot Features:Corner Lot, Rural - Subdivision, Trees Mature, Wooded
Utility Options:Other/See Remarks
Zoning:residential
Water Source:No Water
Directions:Highway 37 S to 252 E-approx 2.5 miles, turn right onto Leonard Rd at Hoosier Harvest Church, turn left into Gate 1 of Painted Hills & property is on your right. There is a white bicycle by the drive. 2 Lots

Loan Price
$334
Price And Interest $287/month
Property Tax $24/month
MTG INS $0/month
HOME INS $23/month
Price
$55,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$24/month
Home Owner Insurance
$276 / year
HOA Dues
$59 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$143
Tax Year:2022
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

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 03/28/2024 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

164
Avg. DOM
$156.03
Avg. $ / Sq.Ft.
$ 430,000
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $72,591.52. 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 $412,450.00 and the average price per square feet is $158.67 per square feet. At the moment, the amount of homes listed is exactly 376 houses, with 88 with active status, 56 with pending status and 232 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 $1,912.93. 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 86 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 1704 minutes ago.

At the moment we have 3 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 $75,000.00 . 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 2950.32 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.