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(SOLD) $375,000

1528 S Lake Drive Martinsville, IN  46151

  • 4 Beds
  • 2 Baths
  • 2,340 sq. Ft

Property Description for 1528 S Lake Drive Martinsville, IN 46151

Are you in search of a pristine, waterfront lake house with modern updates? Look no further! This stunning 2,340 sq. ft. home, located on over half an acre on the beautiful Little Nebo Lake in Painted Hills, offers the perfect blend of comfort and contemporary design. Featuring 4 bedrooms and 2 full baths, nearly every aspect of this property has been completely remodeled, ensuring a like-new experience. The exterior has been fully upgraded with new composite siding, a new roof & gutters, and a spacious wraparound multi-level deck. Additional updates include new concrete work and new full HVAC system. Inside, the transformation continues with luxury vinyl plank flooring throughout the main areas, plush new carpet in three of the four bedrooms, and stainless steel appliances in the kitchen. The kitchen features high-end granite countertops, and both bathrooms have been fully remodeled for a fresh, modern look. The home's full walkout basement has been finished to include a large flex room, a laundry room, and an expansive 11x25 bedroom with its own full bath. The sliding glass door in the basement opens to a new 20x31 concrete patio, providing easy access to the serene backyard and lake cove. Enjoy the views from the 10x34 front deck or the 10x30 rear deck, perfect for relaxing or entertaining guests. Located just across the street from Cedar Creek Winery & Brew Co and just 5 minutes from I-69, this home offers an ideal location whether you're seeking a primary residence, a retirement retreat, or a vacation home. All renovation work has been completed under proper permits and was inspected by the county to ensure quality and compliance.
QuickBuy option for home selling

Address:1528 S Lake Drive Martinsville IN 46151
Status:Sold
Sold On: 10/15/2024
Price:$375,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,340
Year Built:1982
Lot Size:0.54
County: Morgan
Township: Jackson
MLS #:22002895
Property Type:Single Family Residence

Lot Dimensions:23522
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :780
Upper Level Sq. Ft. :780
Total Sq. Ft. :2,340
Basement:Yes

Loan Price
$2,265
Price And Interest $1,956/month
Property Tax $153/month
MTG INS $0/month
HOME INS $156/month
Price
$375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$153/month
Home Owner Insurance
$1,872 / year
HOA Dues
$79 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 13x17 Main
Kitchen 9x12 Main
Primary Bedroom 11x25 Basement
Bedroom 2 10x14 Main
Bedroom 3 12x16 Upper
Bedroom 4 13x16 Upper
Bonus Room 12x12 Basement
Laundry 9x9 Basement
Dining Room 9x12 Main

Semi-Annual Property Tax:$919
Tax Year:2023
Mandatory HOA Fee:$950
HOA Fee Paid:Annually

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

High School:Indian Creek Sr High School
Middle School:Indian Creek Middle School
Elementary School:Indian Creek Elementary School

Total Sq. Ft.:2,340
Interior Features:Attic Access, Paddle Fan, Hi-Speed Internet Availbl, Pantry, Programmable Thermostat, Wood Work Painted
Eating Area(s):None
Appliances:Dishwasher, Electric Oven, Range Hood, Refrigerator
Exterior Type:Wood Siding
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Electric Oven, Range Hood, Refrigerator
Total Rooms:9
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 Steve Lew with Steve Lew Real Estate Group, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/20/2024 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

169
Avg. DOM
$159.55
Avg. $ / Sq.Ft.
$ 335,675
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 1262 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.