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  • $359,000

    0 Lake South Dr, Martinsville, IN 46151

    --beds
    --baths
    2.82Acres
    Unimproved Land, Residential Lots
    Built in ----
    2.82 Acres Lot
    $-- Zestimate®
    $--/sqft
    $63/mo HOA

    What's special

    Road frontage
    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.
    32 days
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    108
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Ferguson 317-695-4736,

    Doc Real Estate, Inc

    Source: MIBOR as distributed by MLS GRID,MLS#: 22116413MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Lake, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 2.82 Acres
      • Features: Mature Trees, Trees-Small (Under 20 Ft), Wooded, Lake Front
      • Topography: Hilly,Varied,Wooded
      Details
      • Additional parcels included: Lot 120A Painted Hills Subdivision 2nd Sec., Lot 119A Painted Hills Subdivision 2nd Sec., Lot 118A Painted Hills Subdivision 2nd Sec.
      • Parcel number: 551407485003000012
      • Zoning: Residential
      • Zoning description: Single Family
      • Horse amenities: None

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Municipal Water Near By

      Community & HOA

      Community
      • Subdivision: Painted Hills
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Maintenance, Park, Playground, Security, Snow Removal, Tennis Court(s)
      • Services included: Clubhouse, Maintenance, ParkPlayground, Snow Removal, Tennis Court(s)
      • HOA fee: $750 annually
      • HOA phone: 765-342-6409
      Location
      • Region: Martinsville

      Financial & listing details

      • Annual tax amount: $318
      • Date on market: 7/26/2026
      • Cumulative days on market: 33 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/26/2026Listed for sale$359,000
        Source: MIBOR as distributed by MLS GRID #22116413 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46151

        Getting around

        9 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Indian Creek Elementary School
        • Middle: Indian Creek Middle School
        • High: Indian Creek Sr High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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