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(SOLD) $387,450

5580 Lakeview Court Martinsville, IN  46151

  • 3 Beds
  • 2 Baths
  • 2,194 sq. Ft

Property Description for 5580 Lakeview Court Martinsville, IN 46151

Exquisite all brick lake front ranch home with walkout basement on beautiful, serene Paradise Lake. Pride of ownership shows in this well maintained home. Large lovely landscaped yard that is gentle sloping to the lake and dock. Fantastic home for entertaining guests with the deck off main level, covered patio, and park like setting over looking the lake. Gorgeous hardwood floors in living room and bedrooms. Family room in basement with wood burning stove and built-in bookshelves/entertainment center. Updated kitchen and baths makes this a great family home or weekend retreat.
QuickBuy option for home selling

Address:5580 Lakeview Court Martinsville IN 46151
Status:Sold
Sold On: 8/28/2024
Price:$399,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,194
Year Built:1960
Lot Size:0.60
County: Morgan
Township: Green
MLS #:21986492
Property Type:Single Family Residence

Lot Dimensions:26267
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,097
Total Sq. Ft. :2,194
Basement:Yes

Loan Price
$2,293
Price And Interest $2,021/month
Property Tax $111/month
MTG INS $0/month
HOME INS $161/month
Price
$387,450
Down Payment %
0 %
Down Payment
$0
Property Taxes
$111/month
Home Owner Insurance
$1,932 / year
HOA Dues
$43 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 17x11 Main
Family Room 19x14 Basement
Kitchen 16x12 Main
Primary Bedroom 14x12 Main
Bedroom 2 12x10 Main
Bedroom 3 11x8 Main
Bonus Room 9x8 Main
Bonus Room 11x9 Basement
Office 12x8 Basement
Exercise Room 12x11 Basement
Sitting Room 12x10 Basement

Semi-Annual Property Tax:$665
Tax Year:2023
Mandatory HOA Fee:$515
HOA Fee Paid:Annually

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

Total Sq. Ft.:2,194
Interior Features:Attic Pull Down Stairs, Built In Book Shelves, Paddle Fan, Hardwood Floors, Eat-in Kitchen, Pantry
Interior Area(s):Utility Room
Eating Area(s):None
Appliances:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Equipment:Sump Pump
Exterior Features:Barn Mini
Exterior Type:Brick
Fuel:Propane Owned
Fireplace(s):Family Room, Free Standing
Cool:Central Electric, Whole House Fan
Heat:Forced Air, Propane
Water Heater:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
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 Gregory Leugers with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/20/2024 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 1415 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.