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LOT 3 - N Paradise Lake Road

Martinsville, IN 46151

ActiveListed Sep 8, 2026 · 1 day on market

Key facts

Lot
3.003 acres
Type
Land · Residential Lots
MLS #
22119745
County
Morgan
Subdivision
No Subdivision

About this home

Discover the possibilities on this 3.00-acre parcel along N Paradise Lake Road (LOT 2), offering the space and privacy of a country setting without the restrictions of an HOA. City water is available, with septic required, and electric and fiber are available at the road. A soil test/percolation test has been completed, and the property has been surveyed and platted, providing a great starting point for planning your future home. While the property does not offer a water view or water access, its rural setting provides a peaceful backdrop for your plans. Light covenants and restrictions are in place to help protect the long-term value of the property and maintain a beautiful neighborhood standard. Seller financing is available. Located within the MSD Martinsville school district.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

Zoning
AG

Schools

School district
MSD Martinsville Schools

Taxes

Estimated annual tax
$188 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$927per month, estimated
Principal and interest $852Property tax $16Insurance $59
20% · $33,800
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$169,000
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