2437 W Wavelyn Circle N
Martinsville, IN 46151
- 4 beds
- 4 baths
- 4,768 sqft
- ~3 acre lot
- $157 per sqft
- 2001 build
Main Level Living in this Waterfront Dream Home! This beautifully updated 4 bedroom, 3.5 bathroom custom built home is nestled on nearly 5 acres in Martinsville, Indiana offering the perfect blend of privacy & waterfront access. Featuring two lots with access to two shared ponds, this property is ideal for fishing & wildlife. Main-level living offers a private sunroom in your primary bedroom, multiple living rooms & a second screened in porch with built in heaters. In the walkout basement, you'll find a second kitchen space that's perfect for in-law quarters or extended family stays. The second gas fireplace & floor to ceiling windows overlooking the water give staycation - a whole new meaning! Recent updates include a new roof, HVAC system, water heater & a modernized kitchen equipped with new appliances, soft close cabinets & a coffee bar with gorgeous water views out every window. For car enthusiasts & hobbyists, this home boasts extensive garage space, including a 3-car garage connected to a basement utility garage with a fully functional bonus urinal. Don't worry, there is plenty of storage space for all of your seasonal decor, outside the garage bays & tucked in every corner of this home!
Last checked:
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Last updated Mar 25, 2025
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MLS# 22028212 —
The Building
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Year Built:2001
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Ranch
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Levels:One
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Basement:true
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Basement:Ceiling - 9+ feet, Egress Window(s), Exterior Entry, Finished, Finished Ceiling, Finished Walls, Full, Walk Out
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Foundation Details:Concrete Perimeter
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Patio And Porch Features:Covered Patio, Covered Porch, Deck Main Level, Multiple Decks, Screened
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Accessibility Features:No
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Green Certification:No
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Building Area Total:4768
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Below Grade Finished Area:2384
Interior
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Rooms:10
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Rooms Total:16
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Rooms Total:10
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Interior:Bedroom Other on Main,Laundry in Unit,Living Room Formal,Utility Room
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Interior Features:Breakfast Bar, Tray Ceiling(s), Vaulted Ceiling(s), Center Island, Entrance Foyer, In-Law Arrangement, Eat-in Kitchen, Screens Complete, Surround Sound Wiring, Walk-in Closet(s), Windows Vinyl
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Kitchen Features:Kitchen Updated
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Eating Area:Breakfast Room,Formal Dining Room,Other Eating Area
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Laundry Features:Main Level
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Fireplaces Total:2
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Fireplace Features:Basement, Family Room, Gas Starter
Room Dimensions
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SqFt:2384
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Main Level SqFt:2384
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Living Area:4768
Location
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Directions:Take SR39 to Lentz Tree Farm Rd. Turn Right into Bettenhausen Estates & Stay to the Right on Wavelyn Circle North. Home is the 2nd House on the Left.
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Latitude:39.539686
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Longitude:-86.474969
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:550425100008002010
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Acres:3-5 Acres
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Lot Features:Rural - Subdivision, Mature Trees, Wooded
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Lot Size Acres:4.58
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Lot Size SqFt:113,604 Sqft
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Price Per Acre:163755
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Property Condition:Updated/Remodeled
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Additional Parcels:true
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Additional Parcels Description:S25 T13 R1w Pt Nw 1.965 A. Aka Parcel 5 Bettenhausen Estates
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View:Lake, Pond, Rural, Trees/Woods, Water
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View:true
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Waterfront:true
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Waterfront Features:Lake Front, Pond, Water Access, Water View, Waterfront
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Horse Amenities:None
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Fence:No
Listing Agent
- Contact info:
- Agent phone:
- (317) 270-0634
- Office phone:
- (317) 865-9400
Taxes
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Tax Lot:55-04-25-100-008.002-010
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:2107
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:4
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Main Level Bedrooms:3
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Primary Bedroom Description:Closet Walk in
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# of Bedrooms Basement:1
Baths
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Baths:4
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Full Baths:3
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Full Baths:2
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Half Baths:1
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Half Baths:1
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Full Baths Main:2
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Half Baths Main:1
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Full Baths Basement:1
The Listing
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Virtual Tour Branded:
Heating & Cooling
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Heating:Electric, Heat Pump
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Cooling:Central Electric
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Fuel:Propane Leased
Utilities
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Utilities:Electricity Connected, Gas, Septic System, Water Connected
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Refrigerator, Water Purifier
Schools
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Elementary School:Monrovia Elementary School
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Middle Or Junior School:Monrovia Middle School
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High School:Monrovia High School
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High School District:Monroe-Gregg School District
The Community
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Subdivision Name:Bettenhausen Estates
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Association Amenities:None
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Spa:false
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Pool Private:false
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Association Fee Frequency:Annually
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Association:true
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Association Fee:400
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HOA Disclosures:Covenants & Restrictions
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Association Fee Includes:Entrance Common
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Management Company Name:Bettenhausen Estates
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Attached, Asphalt, Heated, Storage, Workshop in Garage
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Garage:true
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Garage Spaces:3
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Garage & Parking:Floor Drain,Garage Door Opener
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Garage SqFt:1274
Monthly cost estimate

Asking price
$750,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,016
|
Taxes | $351 |
Insurance | $206 |
HOA fees | $33 |
Utilities | $175 See report |
Total | $4,781/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/20/25
Mar 20, 2025
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Listed / Active | MIBOR | $750,000 |