Sold245d on market
3200 Lake Terrace Dr
Martinsville, IN, 46151 • 46151 • Morgan County
$17,500
2.1 acLot
Property DNA
Waterfront Property
Pond
Scenic Views
Neighborhood · Pond · Trees/Woods
Falcon Crest
46151
This home is getting attention
Listed 245 days ago · 1 views
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
245 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 37% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
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.
Estimated monthly payment
Based on current rates
$164/month
Principal & Interest$91
Property Tax$18
Insurance$6
HOA$50
Down payment20% ($3,500)
3%50%
Est. 6.75% rate · 30yr fixed · $14,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Residential Lots
Systems
Water / SewerMunicipal Water Near By / Septic Needed
Parking & Outdoor
Lot2.11 Acres
Location & Tax
Neighborhood46151
ZoningVacant - Platted Lot
Annual tax$388
Parcel550814400003007014
Bathrooms & Fees
HOA$50/mo
Features & details
2 categories of property features
Exterior Features
Lot Features
Corner
Rural In Subdivsion
Water Acces
Views
Neighborhood
Pond
Trees/Woods
Listing insights
Market data and value estimates
StatusSold
Days on market245
Est. rent$1,113/mo
Tax rate0.51%
On marketNov 8, 2024
PostedNov 8, 2024
Last sold$17,500
MLS statusSold
MLS updatedAug 19, 2025
Tour days6
Views1
How are the schools in Martinsville?
3 schools rated nearby
Location
Martinsville, IN, 46151
Price history
12 events
DateEventPrice$/sqftSource
Aug 7, 2025Sold$17,500—MIBOR as distributed by MLS GRID
May 20, 2025Pending Sale$19,900—MIBOR as distributed by MLS GRID
Nov 8, 2024Listed For Sale$19,900—MIBOR as distributed by MLS GRID
Jul 1, 2024Listing Removed$19,900—MIBOR as distributed by MLS GRID
Mar 22, 2024Listed For Sale$19,900—MIBOR as distributed by MLS GRID
Mar 15, 2024Listing Removed——MIBOR as distributed by MLS GRID
Jul 29, 2023Price Change$24,900—MIBOR as distributed by MLS GRID
Apr 21, 2023Price Change$29,500—MIBOR as distributed by MLS GRID
Mar 15, 2023Listed For Sale$35,000—MIBOR as distributed by MLS GRID
Jun 1, 2022Listing Removed——MIBOR as distributed by MLS GRID
Sep 6, 2021Listed For Sale$40,000—MIBOR as distributed by MLS GRID
May 8, 2018Sold$20,000—MIBOR as distributed by MLS GRID
Sold$17,500
Aug 7, 2025•MIBOR as distributed by MLS GRID
Pending Sale$19,900
May 20, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$19,900
Nov 8, 2024•MIBOR as distributed by MLS GRID
Listing Removed$19,900
Jul 1, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$19,900
Mar 22, 2024•MIBOR as distributed by MLS GRID
Listing Removed—
Mar 15, 2024•MIBOR as distributed by MLS GRID
Price Change$24,900
Jul 29, 2023•MIBOR as distributed by MLS GRID
Price Change$29,500
Apr 21, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$35,000
Mar 15, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Jun 1, 2022•MIBOR as distributed by MLS GRID
Listed For Sale$40,000
Sep 6, 2021•MIBOR as distributed by MLS GRID
Sold$20,000
May 8, 2018•MIBOR as distributed by MLS GRID
Tax history
17 years of records
YearTax paidAssessed value
Apr 10, 2024$387$40,300
Apr 10, 2023$390$40,300
Apr 10, 2022$436$45,600
Apr 10, 2021$419$53,600
Apr 10, 2020$454$53,600
Apr 10, 2019$34$53,600
Apr 10, 2018$34$4,100
Apr 10, 2017$35$4,100
Apr 10, 2016$29$4,100
Apr 10, 2014$24$3,700
Apr 10, 2013$23$3,700
Apr 10, 2012$20$3,400
Apr 10, 2011$17$2,700
Apr 10, 2010$18$2,700
Apr 10, 2009$16$2,600
Apr 10, 2006$19$1,900
Apr 10, 2005—$2,200
Nearby homes
Neighborhood details
Local context around this listing
Martinsville, IN • Morgan County
Nearby neighborhoods
Browns CrossingCentertonEminenceFoxcliff EstatesWaverly
Nearby cities
BethanyBrooklynGosportMartinsvilleMonroviaMooresvilleMorgantownParagon
Nearby zip codes
4612546151
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-10 15:32:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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