Key facts
- Lot
- 2.82 acres
- Type
- Land · Residential Lots
- MLS #
- 22116413
- County
- Morgan
- Subdivision
- Painted Hills
About this home
Exceptional opportunity to own four adjoining wooded lots totaling approximately 2.82 acres in the sought-after Painted Hills Lake Community! With road frontage, waterfront access on scenic Lake Nebo, and mature trees providing a beautiful natural setting, this property offers the perfect place to build the custom home you've always imagined. Enjoy the privacy, flexibility, and space that four combined lots provide while taking advantage of everything this resort-style community has to offer. HOA includes access to Lake Holiday, a private 150-acre ski lake for boating, skiing, tubing, swimming, and fishing, as well as the peaceful 46-acre Lake Nebo, ideal for kayaking, paddleboarding, and relaxing on the water. Community amenities include a private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, multiple fishing and swimming docks, and year-round social events. Conveniently located just 30 minutes from downtown Indianapolis, Bloomington, and Indianapolis International Airport, Painted Hills offers the perfect blend of peaceful lake living and everyday convenience. This is your chance to build not just a home, but an incredible lifestyle.
Description provided by the listing brokerage.
Exterior
- View
- Other structures
Systems
- Sewer
Lot and HOA
- HOA fee
- $750 / annually
- Lot features
- Zoning
- Residential
- HOA fee includes
- HOA amenities
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
- $318 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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