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(SOLD) $810,000

5535 E King Trail Martinsville, IN  46151

  • 3 Beds
  • 3 Baths
  • 3,500 sq. Ft

Property Description for 5535 E King Trail Martinsville, IN 46151

OPEN HOUSES THIS WEEKEND! Looking for New Construction, but no time to build? WELCOME TO YOUR PRIVATE WATERFRONT OASIS. Sitting on just under 9 acres with a 6 acre lake, this stunning Steve Thacker Custom Built Home is located at the end of a long driveway off SR 252. With Indian Creek Schools and less than 35 Minutes from the Indianapolis Airport & Bloomington, this property is perfectly tucked away with rolling hills and untouched nature. Imagine hosting your family at your private lake cabin, with not a neighbor in sight. This property is loaded with ATV trails, mushrooms, a creek and mature woods. Step inside to soaring ceilings with a custom high-end design that speaks to both luxury and comfort. With the perfect open floor plan, this home offers exceptional natural light. The Amish Built Cabinets, Massive Quartz Countertop, Walk in Pantry, Mudroom, Safe Room, Home Office, and the Tankless Water Heater are just the tip of the iceberg. You will have the most incredible Primary Bedroom on the main floor, offering serene views of the water in the winter months and unmatched privacy with your walkout covered porch. Your walkout basement is perfect for guests with additional bedrooms & TONS OF STORAGE. You won't believe how expansive and secluded this property is. With no HOA to worry about, you can truly make this retreat your own-whether it's stargazing in silence, fishing by the water, or simply enjoying the privacy and space you've been craving. This is your chance to live the quiet life without sacrificing convenience-just a short drive to the amenities of the city, but miles away from the noise.
QuickBuy option for home selling

Address:5535 E King Trail Martinsville IN 46151
Status:Sold
Sold On: 10/18/2024
Price:$825,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,500
Year Built:2021
Lot Size:8.72
County: Morgan
Township: Jackson
MLS #:22002451
Property Type:Single Family Residence

Lot Dimensions:123536
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Municipal/City
Directions:From State Road 252, ten minutes from Downtown Martinsville, take King Trail to the very end of the drive. House is at the end of the private drive.
Main Level Sq. Ft. :2,109
Total Sq. Ft. :3,500
Basement:Yes

Loan Price
$4,563
Price And Interest $4,225/month
Property Tax $0/month
MTG INS $0/month
HOME INS $338/month
Price
$810,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,056 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 23x23 Main
Primary Bedroom 16x15 Main
Bedroom 2 14X14 Main
Bedroom 3 11x14 Basement

Tax Year:2023
Other Disclosures:None, Sales Disclosure On File
Mandatory HOA Fee:$

Area: 5511 - Morgan - Jackson
Subdivision: No Subdivision
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.:3,500
Accessibility Feature:Accessible Full Bath,Single type flooring
Interior Features:Attic Access
Interior Area(s):Bedroom Other on Main, Living Room - 2 Story, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Gas Oven, Propane Water Heater, Refrigerator
Exterior Features:Balcony, Out Building With Utilities, Outdoor Fire Pit, Other
Exterior Type:Wood Siding, Wood Brick
Fuel:Propane Leased
Fireplace(s):Living Room
Cool:Central Electric
Heat:Propane
Water Heater:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Gas Oven, Propane Water Heater, 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 Danielle Stiles with The Modglin Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/18/2024 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

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 1425 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.