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(SOLD) $276,750

5570 Paradise Court Martinsville, IN  46151

  • 2 Beds
  • 1 Baths
  • 2,004 sq. Ft

Property Description for 5570 Paradise Court Martinsville, IN 46151

Located on a quiet cul-de-sac, this waterfront home overlooks 9 Acres of Paradise Lake, and offers a 16 X 24 Private Dock with a boat slip on the water! This smaller lake is very clean and great for fishing, swimming, paddle boarding, kayaking, and even smaller boats with a trolling motor? The back deck spans the entire width of the home overlooking the lake and is great for entertaining and relaxation. This 2 Bedroom/1 Bath home could be a great place to live full time or serve as a sweet weekend retreat! The open concept living room and kitchen includes vaulted ceilings, hardwood floors, white cabinets with a ceramic backsplash, and stainless steel appliances. The larger entry space can be used as an office or a separate living area. There is an unfinished Lower Level (accessible from the outside) with roughed-in plumbing for another full bath, perfect for cleaning up after spending your day out on the lake, or for storing your lake toys during the winter! This home offers a climate controlled finished garage/workshop, a New Furnace and A/C, and is located within minutes of Greenwood!

Address:5570 Paradise Court Martinsville IN 46151
Status:Sold
Sold On: 9/3/2024
Price:$275,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,004
Year Built:1960
Lot Size:0.27
County: Morgan
Township: Green
MLS #:21990106
Property Type:Single Family Residence

Lot Dimensions:11587
Lot Features:Cul-De-Sac, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,116
Total Sq. Ft. :2,004
Basement:Yes

Loan Price
$1,694
Price And Interest $1,444/month
Property Tax $135/month
MTG INS $0/month
HOME INS $115/month
Price
$276,750
Down Payment %
0 %
Down Payment
$0
Property Taxes
$135/month
Home Owner Insurance
$1,380 / year
HOA Dues
$28 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 12x20 Main
Foyer 10x18 Main
Kitchen 12x15 Main
Primary Bedroom 12x12 Main
Bedroom 2 12x12 Main
Bonus Room 24x37 Basement

Semi-Annual Property Tax:$811
Tax Year:2023
Mandatory HOA Fee:$330
HOA Fee Paid:Annually

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

Total Sq. Ft.:2,004
Interior Features:Built In Book Shelves, Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Wood Work Painted
Eating Area(s):Other Eating Area
Appliances:Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Features:Outdoor Fire Pit
Exterior Type:Cement Siding, Wood
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
Total Rooms:6
Hilda Rives-Princell, REALTOR®/Broker, F. C. Tucker Company
Hilda Rives-Princell
Phone (317) 490-2113
Additional Phone (317) 841-8880
F.C. Tucker Company

Listing provided courtesy of Hilda Rives-Princell with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/16/2024 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

186
Avg. DOM
$167.61
Avg. $ / Sq.Ft.
$ 362,446
Med. List Price

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $13,029.22. 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 $392,900.00 and the average price per square feet is $162.60 per square feet. At the moment, the amount of homes listed is exactly 389 houses, with 82 with active status, 63 with pending status and 244 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 $1,774.36. 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 82 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 1660 minutes ago.

At the moment we have 2 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 2850.46 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.