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00 Rembrandt Drive

Martinsville, IN 46151

ActiveListed Jul 3, 2026 · 8 days on market

Key facts

Lot
0.5 acres
Type
Land · Residential Lots
MLS #
22082300
County
Morgan
Subdivision
Painted Hills

About this home

Own the Lifestyle & Leave the Maintenance Behind. Imagine ending your work week knowing that your weekend retreat is waiting. No lawn to mow. No house to maintain. No endless to-do list. Just pack a cooler, grab your friends & family, and head to southern Indiana's premier private lake community. This membership-only lot offers an opportunity to become part of the exclusive Painted Hills community while enjoying the freedom of maintenance-free ownership. This lot is not currently buildable, making it an ideal choice for buyers who want all the benefits of membership without the responsibilities of owning a home. Annual dues of only $713 for an unimproved lot, due each May 1, provide access to an incredible collection of private amenities, including the 150-acre Lake Holiday, 46-acre Lake Nebo, private beach, swimming pool, clubhouse, members-only restaurant & bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, fishing docks, swimming docks, & year-round community events. Spend your summers boating, skiing, fishing, paddleboarding, watching sunsets over the water, & gathering with neighbors for holiday celebrations, concerts, & community events. Take your ATV to the clubhouse, enjoy dinner with friends, or venture into Downtown Martinsville & nearby Cedar Creek for live music, restaurants, a winery, brewery & distillery. Located 30 minutes from downtown Indianapolis, Bloomington & Indy's International Airport, Painted Hills offers the perfect vacation close to home without the long drive. Offered below other membership lots, this is an exceptional opportunity to secure access to one of Indiana's most sought-after private lake communities. Whether you're searching for an affordable lake lifestyle, a weekend escape, or a long-term investment, opportunities like this are becoming increasingly difficult to find. Come see why so many choose Painted Hills as their favorite place to unplug, reconnect, & create memories that last a lifetime.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

HOA fee
$713 / annually
Lot features
Rural - SubdivisionMature Trees
Zoning
Residential
HOA fee includes
Association Home OwnersClubhouseMaintenanceParkPlaygroundPickleball CourtSecurityTennis Court(s)
HOA amenities
Basketball CourtBeach AccessBeach RightsBoatingClubhouseDog ParkMaintenanceParkParty RoomPickleball Court(s)Picnic AreaPlaygroundPoolRV/Boat StorageSecuritySport CourtTennis Court(s)

Schools

Elementary school
Indian Creek Elementary School
Middle school
Indian Creek Middle School
High school
Indian Creek Sr High School
School district
Nineveh-Hensley-Jackson United

Taxes

Estimated annual tax
$23 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$104per month, estimated
Principal and interest $40Property tax $2Insurance $3HOA $59
20% · $1,600
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$8,000
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