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$525,000

5745 Paradise Drive Martinsville, IN  46151

  • 3 Beds
  • 2 Baths
  • 2,645 sq. Ft

Property Description for 5745 Paradise Drive Martinsville, IN 46151

This Spectacular well maintained custom ranch in Paradise Lakes is just what you are looking for! Come home to this 3 bed + office, 2 bath open concept split bedroom home every day! Large great room has cathedral ceiling and a masonry wood burning fireplace. Kitchen is beautiful w/ plenty of cabinets, new SS appliance, flooring and a pantry. The home has gorgeous hardwood flooring and windows that allow for tons of natural light! The primary suite is updated with tiled shower, double sinks and walk in closets. The Sunroom is the perfect place to relax & enjoy the beautiful nature that surrounds this stunning home. Enjoy the peace and quiet on your back deck or the gazebo. Home offers plenty of storage in the oversized garage. You will have lake access as this private lake community offers lake rights w/fishing and boating. Welcome Home!

Address:5745 Paradise Drive Martinsville IN 46151
Status:Active
on site: 10 days
Price:$525,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,645
Year Built:1994
Lot Size:1.10
County: Morgan
Township: Green
MLS #:22000736
Property Type:Single Family Residence

Lot Dimensions:47916
Lot Features:Rural - Subdivision, Mature Trees, Wooded
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,645
Total Sq. Ft. :2,645

Loan Price
$3,143
Price And Interest $2,739/month
Property Tax $185/month
MTG INS $0/month
HOME INS $219/month
Price
$525,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$185/month
Home Owner Insurance
$2,628 / year
HOA Dues
$43 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 19x18 Main
Dining Room 13x11 Main
Kitchen 14x11 Main
Laundry 6x6 Main
Primary Bedroom 17x16 Main
Bedroom 2 12x11 Main
Bedroom 3 11x11 Main
Office 14x12 Main
Breakfast Room 9x9 Main
Sun Room 21x10 Main

Semi-Annual Property Tax:$1,108
Tax Year:2023
Mandatory HOA Fee:$515
HOA Fee Paid:Annually

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

High School:Martinsville High School
Middle School:John R. Wooden Middle School

Total Sq. Ft.:2,645
Interior Features:Attic Access, Cathedral Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Walk-in Closet(s), Wood Work Painted
Interior Area(s):Great Room - 2 Story
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Equipment:Security Alarm Paid, Smoke Alarm, Sump Pump
Exterior Features:Barn Mini, Playset
Exterior Type:Brick
Fireplace(s):Great Room, Masonry, Woodburning Fireplce
Cool:Central Electric, Geothermal
Heat:Geothermal
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Total Rooms:10
Darla Spina, REALTOR®/Broker, F. C. Tucker Company
Darla Spina
Phone (765) 318-0022
Additional Phone (317) 849-5050
F.C. Tucker Company

Listing provided courtesy of Darla Spina with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/11/2024 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 4168 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.