5855 Paradise Drive Martinsville, IN ^$ 425,000

5855 Paradise Drive

^$ 425,000

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Recently Listed

5855 Paradise Drive

Martinsville, IN, 46151

^$ 425,000

Bedrooms3 Baths2.0 Sq 1,724

Monthly Estimate*

^$ 2,969

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Single Family Home for sale in Martinsville, IN

for $425,000 with 3 bedrooms and 2 full baths. This 1,724 square foot home was built in 1972 on a lot size of 1.05.

Welcome to a Paradise Lake Retreat! Escape to your own private oasis on this exclusive peninsula nestled on Paradise Lake in Martinsville. This exquisite property boasts 1.05 acres of pristine land, offering unparalleled tranquility and breathtaking views. Key Features: 3 Bedrooms + 2 Full Bathrooms + 612 Feet of Lake Frontage + Large Dock Discover a beautifully New Interior and Exterior Paint + Garage Floor Covering + Recently Remodeled Bathroom + Cozy Fireplace + Spacious Living Areas + Covered walkout basement patio. Enjoy the serenity of Paradise Lake, an electric motor-only lake, where the sounds of nature abound and the hustle of everyday life fades away. Whether you're fishing off the dock, kayaking on the crystal-clear waters, or simply unwinding on the shore, this property offers endless opportunities for relaxation and recreation. This home is the epitome of lakefront living, with a cozy living area perfect for entertaining guests. Recent updates include a new furnace and water heater, ensuring comfort and efficiency year-round. This lot is arguably the best on the lake. Dont miss your chance.

Single Family Active

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

TraditonalAmerican

Lot Size

1.05

Year Built

1972

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

21975134

Features

General

Interior Features Attic Access

Heating Forced Air

Cooling Central Electric

Utilities Electricity Connected Septic System Water Connected

Possession Negotiable

Appliances Electric Cooktop Dishwasher Electric Water Heater Disposal MicroHood Oven Refrigerator Water Softener Owned

Exterior Features Barn Mini Out Building With Utilities

HOA 250

Garage Spaces 2

Association Fee Includes Association Home Owners Insurance Maintenance

Patio/Porch Features Covered Patio Porch Open

Architectural Style TraditonalAmerican

Construction Materials Cedar Stone

Year Built 1972

Electric 200+ Amp Service

View Lake Trees/Woods

Township Green

Levels Two

Property SubType Single Family Residence

Tax Year 2023

Waterfront Features Boat Slip Dock Lake Privileges Lake Front On Reservoir Water Access Water View Waterfront

Additional Parcels Description 551001138001000009 551001138003000009

Assoc Fee Paid Per Annually

County Morgan

New Construction N

Property Type Residential

Association Amenities None

HOA / Comm Assn Y

Subdivision Name Paradise Lake

Facing Direction West

Garage Y/N Y

Total Rooms 9

Status Active

Directions GPS Friendly

High School Martinsville High School

City Martinsville

Buyer Agent Compensation 3.0

View Y/N Y

High School District MSD Martinsville Schools

MLS Area 5510 - Morgan - Green

Lot Size Square Feet 45651

Waterfront Y/N Y

Street Name Paradise

Elementary School Green Township Elementary School

Property Attached Y/N N

Current Financing Conventional FHA VA

Middle/Junior High School John R. Wooden Middle School

Property Condition Updated/Remodeled

Additional Parcels Y/N Y

Virtual Tour https://mls.ricoh360.com/ab65ea47-3bc3-4b4a-aae0-6854ebfe93e0

Days on Market 1

Standard Status Active

Tax Lot 10

Buyer Agent Compensation Type %

Legal Description Lot 10 Blk B Paradise Lake

Interior

Basement Egress Window(s) Finished Finished Ceiling Finished Walls Walk Out

Total Fireplaces 1

Fireplace Features Family Room Woodburning Fireplce

Basement (Y/N) Y

Full Baths 2

Half Baths 0

Street Suffix Drive

Laundry Features In Basement

Total Bedrooms 3

Below Grade Finished Area 554

Main Level Bedrooms 2

Total Baths 2

Exterior

Parking Features Attached Gravel Garage Door Opener Guest Parking

Lot Features Cul-De-Sac Mature Trees Wooded

Water Source Municipal/City

Foundation Details Block

Spa N

Building Area Total 1724

Lot Size Acres 1.05

Other Equipment Smoke Alarm

Horse Amenities None

* Excluded Features

List By

Berkshire Hathaway Home

Broker

angilistsindy@bhhsin.com

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$2,969

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Monthly Principal & Interest: $2,969
Monthly Property Taxes: --
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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Martinsville, IN

Average List Price ^$421,685

Percent of Sale Price 1%

About Martinsville, IN

11,435 Population

-4% Since 2002

^$43,007 Median Income

37.97 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4048054 Elementary School

4046456 Middle School

Martinsville High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$425,000		Listed Price

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5855 Paradise Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $425,000 with 1,724 sqft and a lot size of 1.05. 5855 Paradise Drive has 3 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 46151 which is in Martinsville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/15/2024.

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5855 Paradise Drive

Single Family Home for sale in Martinsville, IN

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