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  • $849,000

    5535 E King Trl, Martinsville, IN 46151

    3beds
    3,505sqft
    Residential, Single Family Residence
    Built in 2021
    8.72 Acres Lot
    $861,500 Zestimate®
    $242/sqft
    $3,867 Estimated rent

    Home value

    $861,500

    $793,000 - $939,000

    $3,867/mo

    Zestimate® history
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    What's special

    Cabin in the woodsWalk-out basementNew perimeter drainsWalkout covered porchMain-floor primary suiteSurrounded by rolling hillsBreathtaking lake views
    Rare opportunity! Welcome to your private waterfront sanctuary! Tucked at the end of a secluded driveway off SR 252, this stunning Steve Thacker custom-built home sits on nearly 9 acres, highlighted by a tranquil 6-acre lake. Just 35 minutes from both Indianapolis Airport and Bloomington, this property offers the perfect mix of peace and convenience. Surrounded by rolling hills, mature trees, and untouched nature, you'll feel completely removed from the hustle and bustle, yet still close to everything you need. Spend your days fishing on the lake, exploring ATV trails, or enjoying the sounds of the peaceful water. The home's design is both luxurious and inviting, featuring soaring ceilings, abundant natural light, and an open-concept floor plan. High-end finishes, including Amish-built cabinetry, a huge quartz countertop, a large walk-in pantry, a mudroom, and a safe room, epoxy garage and brand new custom pavers, create the ideal setting for modern living. Step out from your walk-out basement onto a stunning brand-new custom paver patio, offering breathtaking lake views-the perfect spot for relaxing or entertaining. The main-floor primary suite provides sweeping seasonal lake views and exceptional privacy, complete with its own walkout covered porch. The walkout basement offers ample space for guests with additional bedrooms and plenty of storage. Plus, enjoy peace of mind with a brand-new tankless water heater, new perimeter drains, and buried downspouts, ensuring optimal function and low maintenance. The cabin in the woods makes for a perfect little oasis to relax and enjoy nature. With no HOA to limit your options, this property is yours to make your own. Whether you're stargazing, hiking the trails, or just relaxing in the peace and privacy of your very own oasis, the possibilities are endless. This is a rare opportunity to own a truly exceptional home, blending the tranquility of nature with the convenience of nearby city amenities. Your private retreat await

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Montagano 219-508-9520,

    eXp Realty, LLC,

    Miranda Black,

    eXp Realty, LLC

    Bought with:

    Roger Webb

    Roger Webb Real Estate, Inc

    Source: MIBOR as distributed by MLS GRID,MLS#: 22019211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Vinyl Plank
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Bedroom 2
    • Features: Vinyl Plank
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 3
    • Features: Vinyl Plank
    • Level: Basement
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Family room
    • Features: Vinyl Plank
    • Level: Basement
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Living room
    • Features: Vinyl Plank
    • Level: Main
    • Area: 529 Square Feet
    • Dimensions: 23x23
    Heating
    • Propane
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Propane Water Heater, Refrigerator, Water Softener Owned
    • Laundry: Main Level
    Features
    • Attic Access
    • Basement: Egress Window(s),Finished,Finished Ceiling,Finished Walls,Full,Interior Entry,Storage Space
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 3,505
    • Total interior livable area: 3,505 sqft
    • Finished area below ground: 1,404

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener)
    Accessibility
    • Accessibility features: Accessible Full Bath
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Patio, Porch
    • Exterior features: Balcony, Fire Pit, Other
    • Has view: Yes
    • View description: Creek/Stream, Lake, Rural, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Creek/Stream,Lake,Water
    • Waterfront features: Creek, Lake Front, Water Access, Water View, Waterfront
    Lot
    • Size: 8.72 Acres
    • Features: Rural - Not Subdivision, Mature Trees, Wooded
    Details
    • Additional structures: Outbuilding
    • Parcel number: 551417235001003012
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Ranch,Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding, Wood Brick
    • Foundation: Concrete Perimeter, Full
    Condition
    • New Construction
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Municipal/City
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Martinsville

    Financial & listing details

    • Price per square foot: $242/sqft
    • Tax assessed value: $731,900
    • Annual tax amount: $5,250
    • Date on market: 1/24/2025
    • Cumulative days on market: 18 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/3/2025Sold$849,000$242/sqft
    Source: MIBOR as distributed by MLS GRID #22019211 Report a problem
    2/11/2025Pending sale$849,000$242/sqft
    Source: MIBOR as distributed by MLS GRID #22019211 Report a problem
    1/24/2025Listed for sale$849,000+4.8%$242/sqft
    Source: MIBOR as distributed by MLS GRID #22019211 Report a problem
    10/15/2024Sold$810,000-1.8%$231/sqft
    Source: MIBOR as distributed by MLS GRID #22002451 Report a problem
    9/23/2024Pending sale$825,000$235/sqft
    Source: MIBOR as distributed by MLS GRID #22002451 Report a problem
    9/19/2024Listed for sale$825,000+73.7%$235/sqft
    Source: MIBOR as distributed by MLS GRID #22002451 Report a problem
    6/5/2020Sold$475,000$136/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,992 +30.7%$731,900 +34.2%
    2024$3,054 +37%$545,500 +3.8%
    2023$2,230 +2904.9%$525,300 +43.1%
    2022$74 +10.7%$367,000 +4728.9%
    2021$67 -23%$7,600 +1.3%
    2020$87 -14.6%$7,500 -21.1%
    2019$102 -3.1%$9,500 -17.4%
    2018$105 -1.9%$11,500
    2017$107 +13.8%$11,500
    2016$94 +26.5%$11,500 +11.7%
    2014$74 +5.7%$10,300
    2013$70 -2.9%$10,300 +7.3%
    2012$73 +18.5%$9,600 +26.3%
    2011$61 -5.8%$7,600
    2010$65 -1.6%$7,600 +4.1%
    2009$66 -10.5%$7,300 +40.4%
    2006$74 $5,200 -16.1%
    2005-- $6,200
    Find assessor info on the county website

    Neighborhood: 46151

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indian Creek Elementary School
    • Middle: Indian Creek Middle School
    • High: Indian Creek Sr 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.

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    Estimated market value
    $861,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $861,500