Active

Lake South Drive

Martinsville, IN 46151
Mark as Favorite
Acres2.82

Acres(Lot)

Exceptional opportunity to own four adjoining wooded lots totaling approximately 2.82 acres in the sought-after Painted Hills Lake Community! With road frontage, waterfront access on scenic Lake Nebo, and mature trees providing a beautiful natural setting, this property offers the perfect place to build the custom home you've always imagined. Enjoy the privacy, flexibility, and space that four combined lots provide while taking advantage of everything this resort-style community has to offer. HOA includes access to Lake Holiday, a private 150-acre ski lake for boating, skiing, tubing, swimming, and fishing, as well as the peaceful 46-acre Lake Nebo, ideal for kayaking, paddleboarding, and relaxing on the water. Community amenities include a private beach, swimming pool, clubhouse, members -only restaurant and bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, multiple fishing and swimming docks, and year-round social events. Conveniently located just 30 minutes from downtown Indianapolis, Bloomington, and Indianapolis International Airport, Painted Hills offers the perfect blend of peaceful lake living and everyday convenience. This is your chance to build not just a home, but an incredible lifestyle.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $359,000

AD Id : 88407286

MLS Id : MBR22116413

Lot Size : 2.82 Acres(Lot)

County : Morgan

Subdivision: Painted Hills

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water Source

    Water front: 1

  • Lot Information

    Lot Description: Mature Trees, Trees-Small (Under 20 Ft), Wooded Lot Square Feet: 122839 Lot Acres: 2.82

    Property Information

    Property Type: Land Sub Type: Residential Lots

  • Listing Price Information

    Original List Price:$359000

  • Tax Information

    Tax Block: 2nd Tax Lot: 117A Tax Legal Description: Lot 117A Painted Hills Subdivision 2nd Sec. Tax Year: 2025 Parcel Number: 551407485003000012 Tax Exemption: None

  • Homeowners Association Information

    Included Fees: Clubhouse, Maintenance, ParkPlayground, Snow Removal, Tennis Court(s) Included Amenities: Clubhouse, Maintenance, Park, Pickleball Court(s), Playground, Security, Snow Removal, Tennis Court(s) HOA: $750.00 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: Not Applicable, Septic Needed
  • Location Information

    Subdivision: Painted Hills City: Martinsville Direction: GPS Friendly
Sell a home like this and save $21,041 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

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 6 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.33 Acres(Lot)
LOT 5 Legacy Estates At.., Martinsville, IN, 46151 $283,500 -- -- -- 6.32 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)
Broker Logo

Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 07/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 07/27/2026 @ 18:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 07/27/2026 @ 18:20

MLS: MIBOR #22116413 LISTED BY: Brian Ferguson, Doc Real Estate, Inc 317-888-7333 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

Homes around $359,000

Selling? Save $21,041 when you sell a home like this

Tour with a ByOwner Agent