Key facts
- Beds
- 2
- Baths
- 1 full · 1 half
- Living area
- 1,536 sqft
- Lot
- 1.08 acres
- Year built
- 1973
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22123784
- County
- Morgan
- Subdivision
- Painted Hills
About this home
3 wooded parcels, 2 private stock lakes & 1 rare opportunity to create your own Painted Hills retreat. Bring your vision to this fixer upper offering 1.08 acres across 3 parcels in Martinsville's most distinctive private lake community. You'll find mature trees, a peaceful creek, added privacy & limited views of neighboring homes without sacrificing the lake lifestyle. Enjoy vacation style living every day at a fraction of the price in Painted Hills. Inside, the main level offers a living room, bedroom, laundry, kitchen & half bath. Upstairs features a spacious loft with double doors leading to the wraparound porch, 1 full bathroom & a primary bedroom with its own private porch overlooking the wooded backyard. When you're ready to play, spend your days boating and making memories on the lakes. Lake Nebo is a 46 acre no wake lake perfect for fishing, swimming, kayaking, paddleboarding & relaxing. Lake Holiday is 150 acres offering plenty of room for skiing, tubing & wakeboarding. When you're ready to come off the water, head to the private clubhouse with a restaurant & bar. Dock up, play a game of pool, grab some food & drinks while you take in beautiful sunset views over the lake or swim in the community pool. Additional amenities include a beach, playground, dog park, tennis, basketball, pickleball, volleyball, horseshoes, outdoor grill, fireplace & private events creating the perfect setting for recreation. Conveniently positioned between both lakes, the home is approximately 2 minutes from the boat ramps, clubhouse & playground. Cedar Creek Winery, Brewery & Distillery is nearby, offering outdoor concerts & live music events all year. Busing options are available for both MSD of Martinsville & Indian Creek schools. The property is priced according to its current condition & offers an exceptional opportunity for buyers searching for a renovation project, wooded acreage, lake access, privacy & recreation in Morgan County
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Basement
- Rooms
- 6
- Condition
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
Lot and HOA
- HOA fee
- $948 / annually
- Lot features
- 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
- $788 / 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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