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Sold
  • $317,500

    4432 E Rembrandt Dr, Martinsville, IN 46151

    2beds
    1,854sqft
    Residential, Single Family Residence
    Built in 1973
    0.87 Acres Lot
    $325,800 Zestimate®
    $171/sqft
    $2,048 Estimated rent

    Home value

    $325,800

    $310,000 - $342,000

    $2,048/mo

    Zestimate® history
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    What's special

    4432 E Rembrandt Drive is a one-of-a-kind octagon cottage that feels straight out of a fairy tale. Tucked among towering trees on just under an acre, this enchanting home offers privacy, natural beauty, & charm at every turn. From the moment you arrive, the circle driveway & lush landscaping set the tone for something truly special. Inside, you'll find rich hardwood floors, a stunning vaulted hardwood ceiling, & a warm, inviting wood-burning stove that creates the perfect cozy atmosphere. The unique layout features two primary suites-one on the main level & one on the lower level-along with 2.5 bathrooms, offering ideal space for guests or a private retreat feel. The kitchen has been refreshed with brand new LVT flooring, & every space in the home is filled with character, including a charming spiral staircase & private balconies on both levels overlooking a peaceful wooded ravine. Step outside & the magic continues with a detached garage/workshop, storage barn, & even a whimsical playhouse. Whether you're sipping coffee on the balcony, enjoying the quiet of nature, or entertaining guests, this property offers a setting that feels like a private sanctuary. Life in Painted Hills is about more than just a home-it's about the experience. Residents enjoy access to two stocked lakes perfect for boating, fishing, & relaxing days on the water, along with a private beach, swimming pool & multiple docks. Just a short golf cart ride away, the clubhouse offers a welcoming place to gather, dine, & connect, while amenities like pickleball courts, playground, dog park, & beach volleyball provide something for everyone. With year-round events & a vibrant social atmosphere, there's always something to enjoy. Just minutes away, Cedar Creek Winery offers live music, dining & a favorite local place to unwind. Whether you're searching for a peaceful lake retreat, a weekend escape, or a home designed for hosting & making lasting memories, this property delivers a truly unique lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Lyon 317-488-9697,

    Hoosier, REALTORS®

    Bought with:

    Melissa Kingrey

    Acup Team, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22097211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Bedroom 2
    • Features: Other
    • Level: Basement
    • Area: 200 Square Feet
    • Dimensions: 20x10
    Great room
    • Level: Main
    • Area: 315 Square Feet
    • Dimensions: 21x15
    Kitchen
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 19x13
    Heating
    • Baseboard, Wood Stove, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
    • Laundry: Connections All, Main Level
    Features
    • Hardwood Floors, Eat-in Kitchen, Wired for Data, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: WoodWorkStain/Painted
    • Basement: Finished Ceiling,Finished Walls,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Free Standing
    Interior area
    • Total structure area: 1,854
    • Total interior livable area: 1,854 sqft
    • Finished area below ground: 556

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Patio, Wrap Around
    Lot
    • Size: 0.87 Acres
    • Features: Mature Trees, Wooded
    Details
    • Additional structures: Barn Mini, Storage
    • Parcel number: 551418235001000012
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Rustic
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Private

    Community & HOA

    Community
    • Subdivision: Painted Hills
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Maintenance, Park, Playground, Snow Removal
    • Services included: Association Home Owners, Clubhouse, Entrance Common, Maintenance, ParkPlayground, Snow Removal
    • HOA fee: $950 annually
    • HOA phone: 765-342-6409
    Location
    • Region: Martinsville

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $236,900
    • Annual tax amount: $1,460
    • Date on market: 4/22/2026
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    5/29/2026Sold$317,500-2.3%$171/sqft
    Source: MIBOR as distributed by MLS GRID #22097211 Report a problem
    4/26/2026Pending sale$325,000$175/sqft
    Source: MIBOR as distributed by MLS GRID #22097211 Report a problem
    4/22/2026Listed for sale$325,000+155.9%$175/sqft
    Source: MIBOR as distributed by MLS GRID #22097211 Report a problem
    8/12/2005Sold$127,000+2%$69/sqft
    Source: MIBOR as distributed by MLS GRID #2508756 Report a problem
    7/30/2004Sold$124,500$67/sqft
    Source: MIBOR as distributed by MLS GRID #2437921 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,460 +23.4%$236,900 -2.5%
    2024$1,183 +19.9%$243,000 -1.8%
    2023$987 +50.8%$247,400 +21.5%
    2022$654 +24.2%$203,700 +33.1%
    2021$527 -2.8%$153,000 +5.4%
    2020$542 +10.2%$145,200
    2019$492 +11.2%$145,200 +3.9%
    2018$442 -1.9%$139,800 +9%
    2017$451 +2.7%$128,200
    2016$439 +11.5%$128,200 -4.3%
    2014$394 +11.6%$134,000 +3.5%
    2013$353 -7.8%$129,500 +1.2%
    2012$382 +54.9%$128,000 +32.4%
    2011$247 -9.2%$96,700 -1.7%
    2010$272 -2.7%$98,400 -1.5%
    2009$279 -57.9%$99,900
    2006$662 $99,900 +1.3%
    2005-- $98,600
    Find assessor info on the county website

    Neighborhood: 46151

    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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    Estimated market value
    $325,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $325,800