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Pending
  • $245,000

    5801 Paradise Dr, Martinsville, IN 46151

    1beds
    972sqft
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    Residential, Single Family Residence
    Built in 1973
    9,147 Square Feet Lot
    $-- Zestimate®
    $252/sqft
    $40/mo HOA

    What's special

    Waterfront livingSpacious bedroom retreatOpen-concept kitchenNewer windowsFresh interior paintNew washer and dryerNewer roof
    Location, Location, Location! Welcome to your own slice of lake life! Enjoy peaceful waterfront living while remaining conveniently close to everything: 10 minutes to Bargersville, 15 minutes to Center Grove, 25 minutes to Greenwood, 20 minutes to Martinsville, 20 minutes to Franklin, 20 minutes to Mooresville, and 30 minutes to Downtown Indianapolis... Whether you're a first-time home buyer dreaming of waterfront living or searching for the perfect weekend getaway, summer retreat, or investment property, this charming lakefront home offers the ideal blend of relaxation, updates, and convenience. As you step inside, you're immediately greeted by the living room featuring beautiful views of the lake, creating the perfect backdrop for everyday living. Just off the entry is a recently added full bathroom, completely updated with new plumbing, shower, vanity, toilet, faucets, and flooring. The open-concept kitchen flows seamlessly into the living area and features newer cabinetry, countertops, appliances, and sink, making it both functional and inviting. Upstairs, you'll find a spacious bedroom retreat complete with access to a private balcony through newer exterior doors. Outside is where this property truly shines: An expansive deck provides plenty of space for entertaining, grilling, or simply soaking in the lake views. A storage shed offers convenient space for all your lake toys and equipment, while the private dock gives you direct access to fishing, boating, kayaking, swimming, and everything else lake life has to offer. This home has been extensively updated, including all new plumbing throughout, newer windows, a newer roof, fresh interior paint, new tile flooring throughout, new washer and dryer, new water heater, and a newer mini-split HVAC system for year-round comfort. Move-in ready, professionally cleaned, and packed with updates, this is an incredible opportunity to own an affordable lakefront property in a highly convenient location.
    25 days
    |
    1,469
    |
    131
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sydney Wolfe 765-318-2773,

    Highgarden Real Estate,

    Lindsey Smalling

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107379MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 14 x 20
      Dining room
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11 x 12
      Kitchen
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11 x 12
      Laundry
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 15 Square Feet
      • Dimensions: 5 x 3
      Living room
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11 x 12
      Heating
      • Wall Furnace
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Electric Cooktop, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer
      Features
      • Cathedral Ceiling(s)
      • Has basement: No
      Interior area
      • Total structure area: 972
      • Total interior livable area: 972 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock, Lake Privileges, Lake Front, Water Access, Water View, Waterfront
      Lot
      • Size: 9,147 Square Feet
      Details
      • Parcel number: 551001185005000009
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Low Maintenance Lifestyle
      • Subdivision: Paradise Lake
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Other
      • Services included: Association Home Owners, Entrance Common, Other
      • HOA fee: $480 annually
      Location
      • Region: Martinsville

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $114,800
      • Annual tax amount: $1,112
      • Date on market: 6/10/2026
      • Cumulative days on market: 27 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/30/2026Pending sale$245,000$252/sqft
        Source: MIBOR as distributed by MLS GRID #22107379 Report a problem
        6/10/2026Listed for sale$245,000$252/sqft
        Source: MIBOR as distributed by MLS GRID #22107379 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,126 +5.7%$114,800 +3.3%
        2024$1,065 +2.7%$111,100 +3.3%
        2023$1,037 +13.2%$107,600 -9.2%
        2022$916 +6.1%$118,500 +9.9%
        2021$863 -2.7%$107,800 +2.2%
        2020$887 +7.1%$105,500 +5.4%
        2019$829 +0.6%$100,100 +3.8%
        2018$824 +30.5%$96,400 -0.2%
        2017$631 +31.6%$96,600 +36.4%
        2016$480 +1.1%$70,800 +6.8%
        2014$474 +1.6%$66,300 -4.2%
        2013$467 +4.2%$69,200 +0.3%
        2012$448 +2.5%$69,000 +5.5%
        2011$437 -4.4%$65,400
        2010$458 +6.1%$65,400 -0.2%
        2009$431 -19.9%$65,500 +20.2%
        2006$538 $54,500 +1.7%
        2005-- $53,600

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46151

        Getting around

        0 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Green Township Elementary School
        • Middle: John R. Wooden Middle School
        • High: Martinsville 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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