5850 Paradise Lane, Martinsville, IN 46151

$375,000 Asking Price

2 beds
2 baths
2,026  sqft
Built in 1967

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!

Features & Amenities

Interior

General:
Attic Access, Bath Sinks Double Main, Hi-Speed Internet Availbl, Screens Complete, Supplemental Storage, Windows Vinyl, Wood Work Painted
Appliances:
Electric Cooktop, Dryer, Electric Water Heater, Oven, Range Hood, Refrigerator, Washer
Laundry:
Connections All, In Basement
Basement:
Daylight/Lookout Windows, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk Out
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Basement, Gas Log, Living Room, Masonry, Woodburning Fireplce, Fireplaces: 2

Exterior

General:
Barn Mini
Style:
Ranch, TraditonalAmerican
Other Structures:
Covered Porch, Open Patio
Parking:
Attached, Concrete, Garage Door Opener

Construction

General:
One, Block

Location

HOA Amenities:
Pond Year Round, Association Home Owners, Entrance Common, Insurance, Maintenance, 515.0, Annually
Originating MLS:
mibor
School District:
MSD Martinsville Schools
County:
Morgan

Lot

Zoning:
Lot 28 Blk A Paradise Lake W 1/2 Lot 29 Blk A Paradise Lake, 551001185010000009
View:
Neighborhood, Water, View

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
CrestPoint Real Estate, Patrick Keller

About Martinsville, IN

Housing

Number of Units
13,323
Median Home Value
$175,295
Median Rent
$594

22.49% of housing units are renter occupied.

6.33% are vacant.

Commute

Car
76.49%
Public Transportation
0.23%
Walk to Work
0.97%
Work from Home
21.63%
Other
0.30%

The median travel time to work is 26 minutes.

People

Population
32,313
Median Age
41.30
Median Household Size
2.67

Education

High School
38.64%
Associate’s Degree
9.30%
Bachelor’s Degree
10.81%
Graduate Degree
7.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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