5850 Paradise Lane

Martinsville, IN 46151

$375,000
Price
2
Beds
2
Baths
2,316 Sq. Ft.
$162 / Sq. Ft.
2,316
Sq. Ft.
$162
per Sq. Ft.

Description

Amazing opportunity to own a home in a tranquil location, right on peaceful Paradise Lake! This home has so much potential, being a sought after all-brick ranch with solid bones and a full basement! The home has been well loved and maintained over the years, which means you won't have to worry about big ticket items. As soon as you walk in, you'll notice the open concept that leads you to a large picture window, with amazing views of the lake, and tons of natural light. The cozy fireplace is perfect...Amazing opportunity to own a home in a tranquil location, right on peaceful Paradise Lake! This home has so much potential, being a sought after all-brick ranch with solid bones and a full basement! The home has been well loved and maintained over the years, which means you won't have to worry about big ticket items. As soon as you walk in, you'll notice the open concept that leads you to a large picture window, with amazing views of the lake, and tons of natural light. The cozy fireplace is perfect for anchoring the living room and adds a warm touch in the colder months. The full basement offers a variety of uses and potential to make it what you want. There is a big daylight window that lets in light and a walk-out door that leads to the patio. Continue to utilize the space as a living area, or reconfigure it to make an additional bedroom. The utility room has a full bathroom as well and could be used as-is for a storage space, or rec room, or, reconfigure to create something to meet your specific needs. Outside is a water-lover's dream! Sit on the patio or out on the dock and enjoy the relaxing and quiet views, or have guests over and fully embrace the lake-life with swimming, fishing, and getting on the water to create memories and fun times. This is a unique property with tons of potential to create your dream house, and is a great candidate for a primary residence or lake side retreat!
  1. Listed by Patrick Keller • CrestPoint Real Estate • patrick@CrestPointIndy.com

Property Details for 5850 Paradise Lane

Architectural Style
Ranch, TraditonalAmerican
Subdivision Name
Paradise Lake
Township
Green
Waterfront Features
Dock, Lake Privileges, Pond, Water Access, Water View, Waterfront
Waterfront
Yes
LISTING UPDATED: 10/31/2024 12:01 PM

Property Details for 5850 Paradise Lane

StatusActive
MLS #22003781
Days on Market83
Taxes$532 semi-annually
HOA Fees$515 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1967
Lot Size0.19 AC / 8,276 SF
CountyMorgan County

Building Information for 5850 Paradise Lane

Stories-Year Built1967Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 5850 Paradise Lane

Summary
Location and General Information
  • City: Martinsville
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46151
  • Postal Code Plus4: 6432
  • State Or Province: IN
  • View: Neighborhood, Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance
  • Association Fee: $515
  • Parcel Number: 551001185010000009
  • Semi Annual Property Tax Amt: 532
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 28,29
  • Tax Block: A
School Information
  • Middle Or Junior School: John R. Wooden Middle School
  • School District: MSD Martinsville Schools
Parking
  • Garage YN: Yes
  • Garage Parking Other: Garage Door Opener,Service Door
  • Garage Spaces: 1.0
  • Garage SqFt: 368
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Rural - Subdivision, Mature Trees
  • Lot Size Square Feet: 8102.0
  • Lot Size Acres: 0.19
  • Main Level SqFt: 1158
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1158.0
  • Sq Ft Total: 2316.0
  • Year Built Numeric: 1967
  • Below Grade Finished Area: 868.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • HOA Disclosures: Covenants & Restrictions,Rules & Regulations
  • Legal Subdivision: Lot 28 Blk A Paradise Lake W 1/2 Lot 29 Blk A Paradise Lake
  • Ownership Type: Mandatory Fee
  • Photos Count: 60
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Association Amenities: Pond Year Round
  • Construction Materials: Brick
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Dryer, Electric Water Heater, Oven, Range Hood, Refrigerator, Washer
  • Basement Description: Daylight/Lookout Windows, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk Out
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Family Room
  • Fireplace Features: Basement, Gas Log, Living Room, Masonry, Woodburning Fireplce
  • Fireplaces Total: 2
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Bath Sinks Double Main, Hi-Speed Internet Availbl, Screens Complete, Supplemental Storage, Windows Vinyl, Wood Work Painted
  • Levels: One
  • Room List: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Family Room, Utility Room
  • Room and Features: Living Room-Main-Carpet, Dining Room-Main-Carpet, Kitchen-Main-Vinyl, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet, Family Room-Basement-Tile-Ceramic, Utility Room-Basement-Other
  • Spa: No
  • Main Level Bedrooms: 2
  • Laundry Features: Connections All, In Basement
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 2
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 16 x16
  • Room Features: Carpet
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 14 x 9
  • Room Features: Carpet
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 11 x 7
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 13 x 13
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12 x 9
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 6
  • Room Level: Basement
  • Room Dimensions: 21 x 21
  • Room Features: Tile-Ceramic
  • Room Type: Family Room
Room 7
  • Room Level: Basement
  • Room Dimensions: 21 x 17
  • Room Features: Other
  • Room Type: Utility Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 1
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 5850 Paradise Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5850 Paradise Lane

Taxable ValueLand$37,500Additions$194,400Total$231,900
Tax Record2023$1,064 ($89 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,158 SqFtAbove Grade Finished SqFt1,158 SqFtStories1Lot Size8,102 SqFtStyleSingle Family ResidenceYear Built1967CountyMORGANAPN55-10-01-185-010.000-009Fireplace TypeHas Fireplace

Schools near 5850 Paradise Lane

This home is within M S D Martinsville Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 6 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Green Township Elementary School
PublicPK to 4

John R. Wooden Middle School
Public6 to 8

Martinsville High School
Public9 to 12

Brooklyn Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5850 Paradise Lane is a single family home for sale in Martinsville, IN 46151. This property was listed for sale on September 30, 2024 by CrestPoint Real Estate, it's currently listed at $375,000. It has been on the market for a total of 83 days and was last sold on November 10, 2014. This listing's school district is M S D Martinsville Schools. Nearby schools include Green Township Elementary School, John R. Wooden Middle School and Martinsville High School. 5850 Paradise Lane is a 2-bed, 2-bath, 2,316 sqft single family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CrestPoint Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.