1 year on rocket

3200 Lake Terrace Dr, Martinsville, IN, 46151

$19,900

2.11 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential Lot
MLS #21910525
Lot Size2.11 Acres
StatusActive

About 3200 Lake Terrace Dr

What a great opportunity to build the home you have always wanted! Bring your own builder to this peaceful 2.112 acre build site. This rural subdivision is home to several executive style homes and offers paved roads, LOW TAXES, access to a beautiful lake, and so much more. HOA fee includes road maintenance and lake treatment. Easy access to SR67, the Indianapolis Airport, I-69 and commute to Bloomington, Greenwood & Indianapolis! Septic Soil Tests have been added to the documents.

Property Details

Property Features

Listing Office:

  • Office Name: The Stewart Home Group
  • Office Email: kbrennan@thestewarthomegroup.com
  • Listing Agent: Kimberly Brennan

Lot Features

Lot Information:

  • Lot Size: 2.11 Acres

School Info

Assigned Schools Information:

  • Martinsville High School, Public District Grades 9-12
  • Charles L Smith Elementary School, Public District Grades PK-5
  • Poston Road Elementary School, Public District Grades KG-5
  • Centerton Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From SR 67: Turn onto Wilbur Road, follow to Ballinger Rd turn left. Follow Ballinger to Pitkin Rd and Turn right. Subdivision on right, lot 1st on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,900

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $454
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Martinsville, IN.

Med. Sold Price

$262.5K

Med. Price/SqFt

$138

Avg. Days On Market

74

# of Sold Homes

22

3200 Lake Terrace Dr vs Martinsville

415 DAYS ON ROCKET

+341 Days

$19,900

-$242.6K Less

KEY TAKEAWAY

This property is $242.6K less than the Median Sold Price in Martinsville, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21910525

Listing Office:

  • Office Name: The Stewart Home Group
  • Office Email: kbrennan@thestewarthomegroup.com
  • Listing Agent: Kimberly Brennan

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 5/3/2024, 1:16:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$454$53,600
2019$34$53,600
2017$34$4,100

History based on county public records data.

Payment Calculator

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5345083
5
/10
  • Charles L Smith Elementary School

  • 1359 E Columbus St

  • 5.29 miles

  • Public District Grades PK-5

school-card-donut-5345084
8
/10
  • Poston Road Elementary School

  • 139 E Poston Rd

  • 5.34 miles

  • Public District Grades KG-5

school-card-donut-5345085
5
/10
  • Centerton Elementary School

  • 6075 High St

  • 5.83 miles

  • Public District Grades KG-5

High School

school-card-donut-5345086
5
/10
  • Martinsville High School

  • 1360 E Gray St

  • 5.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,063. The majority of Martinsville, IN residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3200 Lake Terrace Dr

What is the listing price of this property?

The listing price of 3200 Lake Terrace Dr property is $19,900.

What type of property is this?

The property 3200 Lake Terrace Dr is land located in Martinsville, Indiana, 46151.

Is this property for sale now?

Active Listing: 3200 Lake Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3200 Lake Terrace Dr are:
Charles L Smith Elementary School: GreatSchools Rating 5/10
Poston Road Elementary School: GreatSchools Rating 8/10
Centerton Elementary School: GreatSchools Rating 5/10
Martinsville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $454 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3200 Lake Terrace Dr is 2.11 acres.
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Rocket HomesIndianaMorgan CountyMartinsville461513200 Lake Terrace Dr

This home is located at 3200 Lake Terrace Dr in Martinsville, IN and zip code 46151. This home sits on a 2.11 acre lot. It has been listed on Rocket Homes since March 15, 2023 and is currently priced at $19,900.

Over 6 listings were sold over their listed price in April 2024 in Martinsville, IN. In the same period over 8 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Martinsville, IN between March 2024 and April 2024 increased by 8.4%. The median list price of listings available in April 2024 was $262,500, while the average time on the real estate market was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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