3202 Lake Terrace Dr Martinsville, IN 46151
Property details
About 3202 Lake Terrace Dr
Welcome to your private country retreat! This beautifully maintained 4-bedroom, 3-bathroom home sits on 3 serene acres, offering the perfect blend of comfort and space. Enjoy vaulted ceilings, an open-concept layout, and a spacious 3-car garage. Step outside to your own backyard oasis featuring a huge patio space, updated landscaping, gazebo, and a pool! If you're needing a break from the pool just head on down to the community pond and enjoy the outdoors! With plenty of room to roam and unwind, this property offers the peaceful country lifestyle you've been dreaming of. Don't miss this rare opportunity!
Highlights
(Pending)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Gas Cooktop, Dishwasher, Microwave, Refrigerator
- Basement: No
- Interior: Vaulted Ceiling(s), Hardwood Floors, Walk-In Closet(s)
- Fireplace: Family Room
- Total Bedroom Count: 4
- Architectural Style: Traditional
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $599,999
- Price/SqFt: $200
- HOA Amount: $800 Annually
- Annual Tax Amount: $2,067
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 2003
- Living Area: 3,000 SqFt
- Lot Size: 3.18 Acres
- MLS Number: 22048968
- MLS Name: MIBOR
- Office Name: Keller Williams Indy Metro S
- Listing Agent: Owen Neathery
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 7/24/2025, 6:31:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $438,600 | $2,067 |
| 2021 | $321,000 | $1,266 |
| 2020 | $312,800 | $1,298 |
| 2019 | $317,400 | $1,295 |
| 2017 | $320,900 | $1,292 |
History based on county public records data.
Nearby schools
5
Charles L Smith Fine Arts Academy
Public District PK-4
5.3 mi
•1359 E Columbus St
7
Poston Road Elementary School
Public District PK-4
5.3 mi
•139 E Poston Rd
7
Centerton Elementary School
Public District KG-4
5.8 mi
•6075 High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,063. Typical income of Martinsville, IN residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 3202 Lake Terrace Dr
The listing price of 3202 Lake Terrace Dr property is $599,999.
The property 3202 Lake Terrace Dr is a house located in Martinsville, Indiana, 46151.
Sale Pending: 3202 Lake Terrace Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 3202 Lake Terrace Dr are: Charles L Smith Fine Arts Academy (GreatSchools Rating 5/10), Poston Road Elementary School (GreatSchools Rating 7/10), Centerton Elementary School (GreatSchools Rating 7/10), John R. Wooden Middle School (GreatSchools Rating 6/10), Bell Intermediate Academy (GreatSchools Rating 6/10), Monrovia Middle School (GreatSchools Rating 4/10), Martinsville High School (GreatSchools Rating 3/10), Monrovia High School (GreatSchools Rating 3/10), Eminence Jr-Sr High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,067 (source: MLS/based on county public records data).
The property at 3202 Lake Terrace Dr has 4 bedrooms and 2 full and 1 half bathrooms.
The property 3202 Lake Terrace Dr is 3,000 SqFt (source: MLS/tax record).
The year of construction for 3202 Lake Terrace Dr is 2003.
This home is located at 3202 Lake Terrace Dr in Martinsville, IN and zip code 46151. This 3,000 square foot home, which was built in 2003, sits on a 3.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $599,999.
While more than 5 listings in Martinsville, IN in June 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 22 were sold below. The number of listings in Martinsville, IN decreased by 1.7% between May and June 2025. In June 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $270,000.