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(SOLD) $550,000

2896 Centennial Road Martinsville, IN  46151

  • 5 Beds
  • 3 Baths
  • 2,564 sq. Ft

Property Description for 2896 Centennial Road Martinsville, IN 46151

RARE opportunity to own an amazingly preserved 5 bed, 3 bath custom built mid-century ranch on a full, finished, walkout basement surrounded by 8 acres of valuable timber less than 2 miles from I-69 & Henderson Ford exit in Martinsville. Get in quick, as Martinsville (especially Green Township) home values are exploding upon completion of I-69 to Indy. Enjoy peace & privacy as you're tucked into nature, where you can hunt, mushroom hunt, create riding trails through the wooded revenes or just relax & enjoy nature. This is the most INCREDIBLE PROPERTY on the market today in beloved, peaceful GREEN TOWNSHIP, Martinsville. THE HOME is a rare Mid Century Ranch on a FULL, finished, WALKOUT basement, brilliantly designed & custom built for a distinguished forester & includes original hardwood paneled walls, hardwood floors, & original wood cabinets. This home is a time capsule, preserved with original kitchens & baths, flooring and walls. You'll enjoy 5 bedrooms (2 with en-suites on the main), 3 baths, 2 living areas with stone wood-burning fireplaces, billiard room, dining room with balcony overlooking the forest & kitchen/nook area with views of a covered front porch and huge deck, perfect for stargazing. The original windows were designed to maximize views from every room in this spectacular home. THE LAND: Imagine the possibilities. Keep or share? 8 acres for yourself? Family compound? Or split a portion off & pay for upgrades to the main home-you'll have plenty of space & privacy still. Please note:2 acres will be split at the southeast corner, leaving 8 in tact. TIMING: Don't let this once in a lifetime opportunity pass you by. PRIVACY NOTICEs: This home is OCCUPIED. Please DO NOT enter property without permission/TRESPASS. You may be recorded on camera. Schedule your showing private showing today. DON'T MISS~Martinsville values are rapidly increasing and are projected to skyrocket once the I-69 & 465 interchange is completed
QuickBuy option for home selling

Address:2896 Centennial Road Martinsville IN 46151
Status:Sold
Sold On: 10/11/2024
Price:$550,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,564
Year Built:1971
Lot Size:8.00
County: Morgan
Township: Green
MLS #:21993753
Property Type:Single Family Residence

Lot Dimensions:436471
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded, See Remarks
Water Source:Private Well
Directions:I-69 to Henderson Ford Exit north of Martinsville. South at the roundabout approximately 1.5 miles.
Main Level Sq. Ft. :1,282
Total Sq. Ft. :2,564
Basement:Yes

Loan Price
$3,207
Price And Interest $2,869/month
Property Tax $109/month
MTG INS $0/month
HOME INS $229/month
Price
$550,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$109/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 19x15 Main
Dining Room 16x12 Main
Kitchen 9x12 Main
Laundry 12x9 Basement
Primary Bedroom 15x12 Main
Bedroom 2 12x12 Main
Bedroom 3 11x11 Basement
Bedroom 4 11x10 Basement
Bedroom 5 9x14 Basement
Family Room 19x17 Basement
Play Room 17x12 Basement

Semi-Annual Property Tax:$653
Tax Year:2023
Mandatory HOA Fee:$

Area: 5510 - Morgan - Green
Subdivision: No Subdivision
Zip Code:46151

High School:Martinsville High School
Middle School:John R. Wooden Middle School
Elementary School:Green Township Elementary School

Total Sq. Ft.:2,564
Accessibility Feature:Accessible Entrance,Single type flooring
Interior Features:Attic Access, Built In Book Shelves, Central Vacuum, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Wood Work Stained
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Utility Room
Eating Area(s):Separate Room, Other Eating Area
Appliances:Electric Cooktop, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Satellite Dish Rented
Exterior Features:Balcony, Barn Storage, Storage Shed, Other
Exterior Type:Wood, Wood With Stone
Fireplace(s):Basement, Family Room, Living Room, Woodburning Fireplce
Cool:Window Unit(s)
Heat:Radiant Ceiling, Radiant Floor, Other
Water Heater:Electric Cooktop, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:11
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 Tracey Nix with Nix Real Estate Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/31/2024 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
$159.41
Avg. $ / Sq.Ft.
$ 334,900
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 4293 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.