Charming Ranch on Nearly 2 Acres with 3-Car Garage in Paradise Lake - Morgan County, IN. Looking for your two tickets to paradise? You just might find them in this beautifully maintained 3-bedroom, 2-bath ranch on scenic Paradise Drive. Tucked away in the peaceful Paradise Lake community, this home offers the perfect blend of comfort, privacy, and natural beauty. Set on nearly two serene acres, surrounded by mature trees and local wildlife, the property feels like a private retreat-yet it's only 30 minutes from downtown Indianapolis and the airport. Inside, the inviting living room features vaulted ceilings, skylights, and a cozy stone fireplace. The updated kitchen boasts quartz countertops, stainless steel appliances, modern cabinetry, and stylish pendant lighting. French doors lead to a tranquil backyard oasis, ideal for both relaxing and entertaining. The home's thoughtfully planned layout includes comfortably sized bedrooms and tastefully renovated bathrooms. The oversized 3-car garage provides ample space for vehicles, tools, or hobbies. Recent upgrades add even more value and peace of mind, including: Full roof replacement in 2024 with dimensional lifetime-warranty shingles, new gutters with gutter guards for low-maintenance living, new HVAC heat pump, new carpet in secondary bedrooms, septic system inspected and pumped, and upgraded 50 gallon water heater. Enjoy full access to a community lake, plus a fishing pond on property. If you been dreaming of peace, and natural beauty, this home could be your perfect escape, all that's missing are your two tickets to paradise-don't miss your chance to claim them, schedule your showing today.
Sold
$335,000
5654 Paradise Dr, Martinsville, IN 46151
3beds
1,489sqft
Residential, Single Family Residence
Built in 1987
1.6 Acres Lot
$347,300 Zestimate®
$225/sqft
$2,060 Estimated rent
Home value
$347,300
$288,000 - $420,000
$2,060/mo
Zestimate® history
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$2,655/mo
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List your homeWhat's special
Cozy stone fireplaceScenic paradise driveFrench doorsPrivate retreatVaulted ceilingsGranite countertopsComfortably sized bedrooms
Zillow last checked:
Listing updated:
Listed by:
Loretta Robinson 317-626-8243,
Carpenter, REALTORS®
Bought with:
Eric Eisenmenger
Trusted Realty Partners of Ind
Source: MIBOR as distributed by MLS GRID,MLS#: 22042271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Breakfast room
- Features: Tile-Ceramic
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Great room
- Level: Main
- Area: 322 Square Feet
- Dimensions: 23X14
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Laundry
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8X5
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Electric Oven, Refrigerator
- Laundry: Main Level
Features
- Vaulted Ceiling(s), Ceiling Fan(s), Entrance Foyer
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Insert, Great Room, Wood Burning
Interior area
- Total structure area: 1,489
- Total interior livable area: 1,489 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Fencing: Fenced,Full
- Has view: Yes
- View description: Pond
- Water view: Pond
Lot
- Size: 1.6 Acres
- Features: Rural - Subdivision, Mature Trees
Details
- Parcel number: 551001190007000009
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Paradise Lake
HOA
- Has HOA: Yes
- Services included: Association Home Owners, Insurance, Maintenance
- HOA fee: $675 annually
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $262,400
- Annual tax amount: $1,350
- Date on market: 6/3/2025
- Cumulative days on market: 79 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $335,000-4.3%$225/sqft |
Source:  MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 8/21/2025 | Pending sale | $350,000$235/sqft |
Source: MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 8/14/2025 | Price change | $350,000-1.4%$235/sqft |
Source: MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 7/22/2025 | Price change | $355,000-4.1%$238/sqft |
Source: MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 6/16/2025 | Price change | $370,000-2.6%$248/sqft |
Source: MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 6/3/2025 | Listed for sale | $380,000+133.1%$255/sqft |
Source: MIBOR as distributed by MLS GRID #22042271 Report a problem | ||
| 6/16/2015 | Sold | $163,000-4.1%$109/sqft |
Source: MIBOR as distributed by MLS GRID #21345197 Report a problem | ||
| 4/14/2015 | Pending sale | $169,900$114/sqft |
Source: Carpenter, REALTORS #21345197 Report a problem | ||
| 4/8/2015 | Listed for sale | $169,900+33.3%$114/sqft |
Source: Carpenter, REALTORS #21345197 Report a problem | ||
| 4/25/2008 | Sold | $127,500$86/sqft |
Source: MIBOR as distributed by MLS GRID #2771312 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,351 +5.8% | $262,400 +3.1% |
| 2024 | $1,276 +11.6% | $254,600 +0.2% |
| 2023 | $1,143 +72.3% | $254,100 +3.9% |
| 2022 | $663 +10.7% | $244,500 +41.3% |
| 2021 | $599 -3.2% | $173,000 +4% |
| 2020 | $619 +16% | $166,400 +3.7% |
| 2019 | $534 +1.9% | $160,500 +8.2% |
| 2018 | $524 +11.6% | $148,300 +0.7% |
| 2017 | $469 +35.6% | $147,300 +9.8% |
| 2016 | $346 +2.5% | $134,200 +10.4% |
| 2014 | $338 +6% | $121,600 |
| 2013 | $319 +13.5% | $121,600 +5.3% |
| 2012 | $281 -19.1% | $115,500 -9.9% |
| 2011 | $347 -61.3% | $128,200 |
| 2010 | $897 +4.9% | $128,200 -1.2% |
| 2009 | $855 -23.5% | $129,800 -23.6% |
| 2006 | $1,118 | $170,000 +10.3% |
| 2005 | -- | $154,100 |
Find assessor info on the county website
Neighborhood: 46151
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Nearby schools
GreatSchools rating
- 8/10Green Township Elementary SchoolGrades: PK-4Distance: 4 mi
- 7/10John R. Wooden Middle SchoolGrades: 6-8Distance: 10.7 mi
- 4/10Martinsville High SchoolGrades: 9-12Distance: 10 mi
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Estimated market value
$347,300
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Estimated market value
$347,300
- Indiana
- Morgan County
- Martinsville
- 46151
- 5654 Paradise Dr
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