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.
Sold
$17,500
3200 Lake Terrace Dr, Martinsville, IN 46151
--beds
--baths
2.11Acres
Unimproved Land, Residential Lots
Built in ----
2.11 Acres Lot
$-- Zestimate®
$--/sqft
$1,113 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,113/mo
Zestimate® history
Owner options
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$1,113/mo
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$1,113/mo
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$681/mo
Est. payment
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$681/mo
Est. payment
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List your homeWhat's special
Paved roads
Zillow last checked:
Listing updated:
Listed by:
Kimberly Brennan 765-346-1203,
The Stewart Home Group
Bought with:
Jim Stafford
Stafford Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 21910525
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood, Pond, Trees/Woods
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 2.11 Acres
- Features: Corner, Rural In Subdivsion, Water Acces
- Topography: Level
Details
- Parcel number: 550814400003007014
- Zoning: Vacant - Platted Lot
- Zoning description: Single Family
- Special conditions: None
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: Falcon Crest
HOA
- Has HOA: Yes
- Services included: Association Home Owners, Entrance Common, Maintenance, Snow Removal
- HOA fee: $600 annually
Location
- Region: Martinsville
Financial & listing details
- Tax assessed value: $40,300
- Annual tax amount: $388
- Date on market: 11/8/2024
- Cumulative days on market: 745 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | $17,500-12.1% |
Source:  MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 5/20/2025 | Pending sale | $19,900 |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 11/8/2024 | Listed for sale | $19,900 |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 7/1/2024 | Listing removed | $19,900 |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 3/22/2024 | Listed for sale | $19,900-20.1% |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 3/15/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 7/29/2023 | Price change | $24,900-15.6% |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 4/21/2023 | Price change | $29,500-15.7% |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 3/15/2023 | Listed for sale | $35,000-12.5% |
Source: MIBOR as distributed by MLS GRID #21910525 Report a problem | ||
| 6/1/2022 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21787371 Report a problem | ||
| 9/6/2021 | Listed for sale | $40,000+100% |
Source: MIBOR as distributed by MLS GRID #21787371 Report a problem | ||
| 5/8/2018 | Sold | $20,000 |
Source: MIBOR as distributed by MLS GRID #21480552 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $396 +2.3% | $40,300 |
| 2024 | $387 -0.7% | $40,300 |
| 2023 | $390 -10.6% | $40,300 -11.6% |
| 2022 | $436 +4% | $45,600 -14.9% |
| 2021 | $419 -7.8% | $53,600 |
| 2020 | $454 +1244.3% | $53,600 |
| 2019 | $34 +0.8% | $53,600 +1207.3% |
| 2018 | $34 -4.1% | $4,100 |
| 2017 | $35 +20.9% | $4,100 |
| 2016 | $29 +19.8% | $4,100 +10.8% |
| 2014 | $24 +6.4% | $3,700 |
| 2013 | $23 +12.6% | $3,700 +8.8% |
| 2012 | $20 +21.6% | $3,400 +25.9% |
| 2011 | $17 -6.7% | $2,700 |
| 2010 | $18 +8% | $2,700 +3.8% |
| 2009 | $16 -11.5% | $2,600 +36.8% |
| 2006 | $19 | $1,900 -13.6% |
| 2005 | -- | $2,200 |
Find assessor info on the county website
Neighborhood: 46151
Nearby homes
- $585,0004 bd3 ba3k sqft3202 Lake Terrace Dr, Martinsville, IN 46151Sold
- $343,5003 bd2 ba1.6k sqft3324 Pitkin Rd, Martinsville, IN 46151Off Market
- $325,0004 bd2 ba2.7k sqft3315 Pitkin Rd, Martinsville, IN 46151Sold
- $481,9004 bd3 ba3.4k sqft3310 Pitkin Rd, Martinsville, IN 46151Off Market
- $29,4002.61 Acres3209 Osprey Ct, Martinsville, IN 46151Off Market
- $424,3003 bd3 ba2k sqft3328 Pitkin Rd, Martinsville, IN 46151Off Market
- $534,9003 bd3 ba2k sqft3330 Pitkin Rd, Martinsville, IN 46151Off Market
- $--1.87 Acres3288 Coopers Hawk Ct, Martinsville, IN 46151Off Market
Nearby schools
GreatSchools rating
- 6/10Charles L Smith Elementary SchoolGrades: PK-4Distance: 5.3 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 5 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Middle: John R. Wooden Middle School
- High: Martinsville High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Indiana
- Morgan County
- Martinsville
- 46151
- 3200 Lake Terrace Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Martinsville Topics
