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(SOLD) $625,000

5600 N Herbemont Road Martinsville, IN  46151

  • 5 Beds
  • 4 Baths
  • 2,562 sq. Ft

Property Description for 5600 N Herbemont Road Martinsville, IN 46151

Begin your HOMESTEADING journey where most of the work has been done! Truly one-of-a-kind! Rare find on 22.88A (per legal descriptions) comprised of four parcels. Enter the winding drive through mature trees and cross the meandering creek to the open expanse of fenced fields and rolling yard. Wander the yard and enjoy the view of the large pond, chicken coop, orchard, raised/irrigated growing beds and shade trees. Explore the myriad barns where cattle, goats, llamas and more have been lovingly housed. The spacious outbuildings and gigantic pole barn await your treasures. The young and young-at-heart will enjoy the playground, basketball court and walking paths. When you enter the pole barn you'll find the expansive garage, storage and workrooms that are heated. The kitchen is ready for the most prolific cook. Upstairs are game room, classrooms, crafting room, kitchen and full bath and bedroom ready for your overnight guests. WE HAVEN'T EVEN REACHED THE HOUSE YET! Enter the spacious home that features open dining room and kitchen, office with built-in shelves, living room, primary suite with spacious bath featuring double sinks, jetted tub and separate shower. Four additional bedrooms and spacious laundry room and mud room round out this comfortable country home. The convenient location with easy access to SR 142 and quick trip to I-70 will get you anywhere quickly! Sought after Monroe-Gregg schools are an easy bus ride away! Plan to come for a visit and stay for a bit!
QuickBuy option for home selling

Address:5600 N Herbemont Road Martinsville IN 46151
Status:Sold
Sold On: 10/7/2024
Price:$650,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,562
Year Built:1994
Lot Size:22.88
County: Morgan
Township: Gregg
MLS #:21989101
Property Type:Single Family Residence

Lot Features:Irregular Lot, Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,562
Total Sq. Ft. :2,562

Loan Price
$3,787
Price And Interest $3,260/month
Property Tax $267/month
MTG INS $0/month
HOME INS $260/month
Price
$625,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$267/month
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 19x13 Main
Dining Room 19x15 Main
Kitchen 11x9 Main
Laundry 12x8 Main
Primary Bedroom 14x11 Main
Bedroom 2 14x11 Main
Bedroom 3 14x10 Main
Bedroom 4 1x9 Main
Bedroom 5 11x10 Main
Mud Room 12x8 Main
Office 13x12 Main

Semi-Annual Property Tax:$1,604
Tax Year:2023
Other Disclosures:None, As Is, Cosmetics Needed, Flood Plain Partial, Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 5507 - Morgan - Gregg
Subdivision: No Subdivision
Zip Code:46151

High School:Monrovia High School
Middle School:Monrovia Middle School
Elementary School:Monrovia Elementary School

Total Sq. Ft.:2,562
Interior Features:Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s), Window Bay Bow, Wood Work Stained
Eating Area(s):Dining Combo/Kitchen, Other Eating Area
Appliances:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Exterior Features:Barn Mini, Barn Pole, Barn Storage, Basketball Court, Out Building With Utilities, Playset, Storage Shed
Exterior Type:Cedar
Fuel:Propane Owned
Cool:Central Electric
Heat:Forced Air, Propane
Water Heater:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Total Rooms:10
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 Julie Jennings with Jennings Real Estate, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/05/2024 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

179
Avg. DOM
$162.6
Avg. $ / Sq.Ft.
$ 392,900
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 1372 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.