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0 S Cove Road

Martinsville, IN 46151

ActiveListed Jul 2, 2025 · 212 days on market

Key facts

Lot
0.4 acres
Type
Land · Residential Lots
MLS #
22048618
County
Morgan
Subdivision
Painted Hills

About this home

LAKE LIFE! Discover the perfect blend of nature and recreation with this beautiful wooded lot in the sought-after Painted Hills community. Nestled among mature trees, this lot offers peaceful surroundings and coveted lake access to the scenic lakes. Enjoy resort-style amenities including a private beach, community pool, clubhouse with restaurant and bar, and sports courts- ideal for year-round living OR a weekend retreat. Build your lake dream home(with approval) and embrace everything lake life has to offer in beautiful Morgan County.

Description provided by the listing brokerage.

Exterior

View
Water
Waterfront
Lake Privileges
Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

HOA fee
$713 / annually
Lot features
Mature TreesWooded
Zoning
residential

Schools

Middle school
John R. Wooden Middle School
School district
MSD Martinsville Schools

Taxes

Estimated annual tax
$218 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$319per month, estimated
Principal and interest $226Property tax $18Insurance $16HOA $59
20% · $8,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$44,900
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