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Cherry Court

Martinsville, IN 46151
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Acres0.50

Acre(Lot)

Become part of the exclusive Painted Hills Lake Community with this beautiful wooded membership lot located on Cherry Court. This property is a membership-only lot and is not currently considered a buildable homesite. Ownership provides the valuable right to enjoy the private Painted Hills lifestyle while requiring virtually no maintenance. For just $713 per year in HOA dues, payable each May 1, you'll enjoy full access to the community's outstanding amenities, including the 150-acre Lake Holiday, 46-acre Lake Nebo, private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, dog park, playground, kayak launch, fishing docks, swimming docks, and year-round community events. Whether you're looking for an affordable way to enjoy lake l ife, secure your place in this highly sought-after private community, or invest for the future, this property offers exceptional value. While this lot is not currently buildable, buyers may wish to explore its future potential should adjoining properties become available. Any future development, building rights, or use would be subject to applicable approvals, regulations, and independent buyer due diligence. Conveniently located just 30 minutes from Indianapolis, Bloomington, and Indianapolis International Airport, Painted Hills offers a unique combination of resort-style living and small-town charm. Take your ATV to community amenities, Downtown Martinsville, local restaurants, shopping, and the popular Cedar Creek entertainment destination featuring concerts, a winery, brewery, distillery, and year-round events. Membership opportunities in Painted Hills are becoming increasingly difficult to find. Whether you're seeking recreational access today or a long-term investment within one of Morgan County's premier private lake communities, this property is an opportunity you won't want to miss. 3 adjoining lots are also available for seperate purchase.

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Detail Ic Property Details

Property Type : Land

Price : $10,000

AD Id : 87421680

MLS Id : MBR22111371

Lot Size : 0.50 Acre(Lot)

County : Morgan

Subdivision: Painted Hills

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Feature Features

  • Water Source

    WaterSource: None

  • Lot Information

    Lot Description: Cul-De-Sac, Irregular Lot, Rural - Subdivision, Mature Trees, Wooded Lot Square Feet: 34814 Lot Acres: 0.5

    Property Information

    Property Type: Land Sub Type: Residential Lots

  • Listing Price Information

    Original List Price:$10000

  • Tax Information

    Tax Lot: 551418480002000012 Tax Legal Description: Lot 1120 Painted Hills Subdivision 8th Tax Year: 2025 Parcel Number: 551418480002000012 Tax Exemption: None

  • Homeowners Association Information

    Included Fees: Clubhouse, Maintenance, ParkPlayground, Pickleball Court, Security, Tennis Court(s) Included Amenities: Basketball Court, Beach Access, Beach Rights, Billiard Room, Boat Dock, Boat Slip, Boating, Clubhouse, Dog Park, Game Court Exterior, Maintenance, Park, Parking, Pickleball Court(s), Picnic Area, Playground, Powered Boats Allowed, RV Parking, RV/Boat Storage, Recreation Facilities, Security, Sport Court, Tennis Court(s) HOA: $713.00 Annually

  • School Information

    Elementary School: Indian Creek Elementary School Junior High School: Indian Creek Middle School Senior High School: Indian Creek Sr High School
  • Utility Information

    Sewer: Septic Needed Water Source: None
  • Location Information

    Subdivision: Painted Hills City: Martinsville Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 1 Legacy Estates At.., Martinsville, IN, 46151 $255,150 -- -- -- 5.10 Acres(Lot)
LOT 2 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.28 Acres(Lot)
LOT 3 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.30 Acres(Lot)
LOT 4 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.31 Acres(Lot)
LOT 5 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.32 Acres(Lot)
LOT 6 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.33 Acres(Lot)
7892 N Whiteland Lane, Martinsville, IN, 46151 $413,400 -- -- -- 20.67 Acres(Lot)
00 S 37, Martinsville, IN, 46151 $3,170,000 -- -- -- 131.06 Acres(Lot)
00D Waverly Road, Martinsville, IN, 46151 $759,750 -- -- -- 30.39 Acres(Lot)
00A S R 37, Martinsville, IN, 46151 $1,542,750 -- -- -- 56.10 Acres(Lot)
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ByOwner last updated this listing 07/04/2026 @ 06:20

MLS: MIBOR #22111371 LISTED BY: Danielle Stiles, The Modglin Group 317-865-9400 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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