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  • $335,000

    4523 E Parkwood Dr, Martinsville, IN 46151

    3beds
    2,768sqft
    Residential, Single Family Residence
    Built in 1971
    1.45 Acres Lot
    $335,000 Zestimate®
    $121/sqft
    $2,616 Estimated rent

    Home value

    $335,000

    $305,000 - $365,000

    $2,616/mo

    Zestimate® history
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    What's special

    Finished walk-out basementWraparound porchMain-level primary suiteDistinctive a-frameOpen light-filled gathering spaceDramatic two-story great roomVaulted ceilings
    Tucked among mature trees on a private 1.45-acre lot, this distinctive A-frame offers character, space, and flexibility inside the sought-after Painted Hills lake community. Vaulted ceilings and a dramatic two-story great room create an open, light-filled gathering space, while the main-level primary suite adds everyday convenience. The finished walk-out basement provides additional living space with flexible rooms perfect for guests, hobbies, or a home office--ideal for remote work or hosting weekend visitors. The standout feature is the massive detached 4-car garage/workshop-perfect for car enthusiasts, boat storage, woodworking, creative projects, or extra recreational gear. Step outside to your wraparound porch and enjoy peaceful wooded views on 1.45 private acres. Located inside Painted Hills, residents enjoy private lake access, boat docks, pool, tennis and pickleball courts, clubhouse, dog park, playground, and more. Whether you're looking for a full-time residence, a lake community escape from Indianapolis, or a weekend home to recharge and unwind, this unique A-frame offers space, privacy, and opportunity to make it your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryne Shadday 812-727-7963,

    CENTURY 21 Scheetz

    Bought with:

    Lindsey Smalling

    Highgarden Real Estate

    Crystal O'Brien

    Highgarden Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22087504MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 323 Square Feet
    • Dimensions: 19x17
    Bedroom 2
    • Level: Upper
    • Area: 200 Square Feet
    • Dimensions: 20x10
    Bedroom 3
    • Features: Tile-Ceramic
    • Level: Basement
    • Area: 220 Square Feet
    • Dimensions: 20x11
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Oven, Refrigerator, Dishwasher, Washer
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Pantry
    • Basement: Daylight,Walk-Out Access
    Interior area
    • Total structure area: 2,768
    • Total interior livable area: 2,768 sqft
    • Finished area below ground: 946

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Detached
    • Attached garage spaces: 4
    Features
    • Levels: Multi/Split
    • Patio & porch: Wrap Around
    • Exterior features: Balcony
    Lot
    • Size: 1.45 Acres
    • Features: Corner Lot, Rural - Subdivision, Mature Trees, Wooded
    Details
    • Has additional parcels: Yes
    • Parcel number: 551408355003000012
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cedar, Stone
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Painted Hills
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Park, Playground, Pool, Tennis Court(s), Water, Security, Snow Removal
    • Services included: Association Home Owners, Clubhouse, ParkPlayground, Security, Snow Removal, Tennis Court(s)
    • HOA fee: $950 annually
    • HOA phone: 765-342-6409
    Location
    • Region: Martinsville

    Financial & listing details

    • Price per square foot: $121/sqft
    • Tax assessed value: $200,400
    • Annual tax amount: $392
    • Date on market: 3/20/2026
    • Cumulative days on market: 282 days

    Price history

    DateEventPrice
    8/19/2026Sold$335,000-4.3%$121/sqft
    Source: MIBOR as distributed by MLS GRID #22087504 Report a problem
    7/10/2026Pending sale$349,900$126/sqft
    Source: MIBOR as distributed by MLS GRID #22087504 Report a problem
    4/17/2026Price change$349,900-4.1%
    Source: IRMLS #202609253 Report a problem
    3/20/2026Listed for sale$365,000
    Source: IRMLS #202609253 Report a problem
    2/4/2026Listing removed$365,000$132/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    1/7/2026Price change$365,000-5.2%$132/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    11/26/2025Price change$384,997-1.3%$139/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    10/2/2025Price change$389,997-4.6%$141/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    9/10/2025Price change$409,000-1.4%$148/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    9/3/2025Price change$414,900-4.6%$150/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    8/21/2025Listed for sale$435,000+74.1%$157/sqft
    Source: MIBOR as distributed by MLS GRID #22057498 Report a problem
    1/5/2021Listing removed--
    Source: Owner Report a problem
    10/7/2020Pending sale$249,900$90/sqft
    Source: Owner Report a problem
    9/9/2020Listed for sale$249,900+68.3%$90/sqft
    Source: Owner Report a problem
    11/18/2015Sold$148,500-1%$54/sqft
    Source: Agent Provided Report a problem
    9/12/2015Price change$150,000-3.2%$54/sqft
    Source: Jeff Paxson Team #21375800 Report a problem
    8/10/2015Listed for sale$155,000-3.1%$56/sqft
    Source: Owner Report a problem
    8/10/2014Listing removed$160,000$58/sqft
    Source: SGA Enterprises, Inc #21282578 Report a problem
    6/28/2014Price change$160,000-3%$58/sqft
    Source: SGA Enterprises, Inc #21282578 Report a problem
    5/23/2014Price change$165,000-2.9%$60/sqft
    Source: SGA Enterprises, Inc #21282578 Report a problem
    4/17/2014Price change$170,000-2.9%$61/sqft
    Source: SGA Enterprises, Inc #21282578 Report a problem
    4/2/2014Listed for sale$175,000+38.9%$63/sqft
    Source: SGA Enterprises, Inc #21282578 Report a problem
    10/26/2012Sold$126,000-10%$46/sqft
    Source: Agent Provided Report a problem
    5/16/2012Price change$140,000-3.4%$51/sqft
    Source: msWoods Real Estate, LLC #21176884 Report a problem
    11/28/2011Price change$145,000-3%$52/sqft
    Source: msWoods Real Estate, LLC #21038267 Report a problem
    6/9/2011Listed for sale$149,500$54/sqft
    Source: msWoods Real Estate, LLC #21038267 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,169 +34.7%$200,400 -1.8%
    2024$868 -4.6%$204,100 +5.1%
    2023$910 +27.7%$194,200 +1.6%
    2022$712 +13.9%$191,200 +14.4%
    2021$625 -10.2%$167,100 +5.6%
    2020$696 +20.8%$158,200 -8.2%
    2019$576 +50.2%$172,400 +11.1%
    2018$383 -11.5%$155,200 +32.1%
    2017$433 +16.1%$117,500 -5.9%
    2016$373 +11.6%$124,900 +3.6%
    2014$334 +26.5%$120,600 +10.9%
    2013$264 -13.3%$108,700 -20.5%
    2012$305 -69.6%$136,700 +10.1%
    2011$1,001 +120.5%$124,200 -1.7%
    2010$454 -9.4%$126,400 -6.4%
    2009$501 -56.4%$135,100
    2006$1,151 $135,100 +13.2%
    2005-- $119,300
    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
    $335,000
    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
    $335,000