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5684 Paradise

Martinsville, IN 46151

ActiveListed Aug 17, 2026 · 3 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,248 sqft
Lot
1.72 acres
Year built
1960
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22120796
County
Morgan
Subdivision
Paradise Lake

About this home

Tucked away on a beautiful 1.72-acre lot in Paradise Lake, this property offers a peaceful, private setting with plenty of outdoor space to enjoy. The property consists of three parcels and features a private pond stocked with bluegill, crappie, and bass, along with access to Paradise Lake. There is also plenty of wildlife that frequently passes through the property, adding to the quiet, tucked away feel. A shed with a loft provides additional storage or workspace. The brick ranch offers 3 bedrooms, 1.5 bathrooms, and an attached 2 car garage. The property offers a nice balance of privacy while still being within convenient driving distance of Martinsville, Greenwood, Bloomington, and Indianapolis. The home is in need of updates and repairs and is being sold strictly as-is, making it a great opportunity for an investor, renovation project, or buyer looking to put their own touch on a home in a beautiful setting.

Description provided by the listing brokerage.

Interior

Appliances
DryerElectric Water HeaterMicrowaveElectric OvenRefrigeratorWasher
Interior features
Attic AccessPaddle FanHi-Speed Internet AvailblPantry
Flooring
Hardwood
Windows
ScreensVinyl WindowsWood Frames
Rooms
6
Main-level bedrooms
3

Exterior

Construction
Brick
Foundation
Crawl Space
Style
Ranch
Parking and garage
Attached

Systems

Heating
Forced AirPropane
Water
Public

Lot and HOA

HOA fee
$480 / annually
Lot features
Mature TreesTrees-Small (Under 20 Ft)
HOA fee includes
Association Home OwnersEntrance Common

Schools

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

Taxes

Estimated annual tax
$1,061 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,341per month, estimated
Principal and interest $1,134Property tax $88Insurance $79HOA $40
20% · $45,000
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$225,000
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