Skip to content

4668 E Leeward Cove

Martinsville, IN 46151

ActiveListed Oct 6, 2026 · 16 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
3,665 sqft
Lot
0.42 acres
Year built
1973
Type
Residential · Single Family Residence
Stories
Two
Garage
1 space
MLS #
22129336
County
Morgan
Subdivision
Painted Hills

About this home

4BD/3.5BA Lakefront home with a walkout basement on a private wooded lot! If you enjoy being in nature, this is your spot! This updated home sits high on the hill overlooking a cove. The wrap around deck, front porch, walkout basement patio space or dock gives allows many options to enjoy nature and wildlife! Inside you will find a sunken great room/dining room combo with brand new patio sliding doors for amazing views of the forest and lake. The updated kitchen, half bath, primary bedroom and ensuite are also on the main floor. Upstairs offers 3 additional bedrooms and full bath. Hardwood floors throughout the main level! New windows installed throughout the home in 2022. The full basement has the laundry room, full kitchen, full bath and large flexible living space with brand new exterior doors. You could make this an in-law suite, guest suite or multigenerational living! The home was remolded in 2020 with a new roof, geothermal HVAC, water heater and kitchen appliances. The lot has an adjacent plotted parcel that is sold with the property giving you over an acre of wooded land. Flanked by ravines and located at the end of a court, this home is truly a one of a kind! A River Canoe and single kayak convey with the property! The community offers two lakes to enjoy, a private clubhouse and restaurant, pool, pickleball courts and playground. Lake Holiday is 1.42 acres and is a ski lake. Enjoy summer concerts at Cedar Creek Winery which is located across the street from the neighborhood. An easy commute to Bloomington or Indianapolis! *The lake appears shallow because it was drained 4 feet for damn/boat launch repairs and will fill back up by spring/summer. Adjacent parcel of vacant plotted land is 55-14-17-170-001.000-012 included in the sale.

Description provided by the listing brokerage.

Interior

Appliances
MicrowaveElectric OvenRange HoodRefrigeratorElectric Water Heater
Interior features
Attic AccessPaddle FanEat-in KitchenIn-Law Floorplan
Kitchen
Kitchen Updated
Basement
FinishedWalk-Out AccessFinished Walls
Fireplaces
1
Fireplace type
Gas LogLiving Room
Laundry
In Basement
Windows
ScreensStorm Window(s)Aluminum FramesLow-Emissivity Windows
Rooms
9
Main-level bedrooms
1

Exterior

Patio and porch
DeckPatio
Construction
BrickVinyl Siding
Foundation
Concrete Perimeter
Style
Contemporary
Parking and garage
Attached
View
LakeTrees/WoodsWater
Waterfront
Boat SlipLake PrivilegesLake FrontWater ViewWaterfront
Other equipment
Smoke Alarm

Systems

Heating
Forced AirGeothermalElectric
Cooling
Central Air
Water
Public
Utilities
Cable Connected

Lot and HOA

HOA fee
$960 / annually
Lot features
Rural - SubdivisionMature Trees
HOA fee includes
ClubhouseMaintenanceParkPlaygroundSecuritySnow Removal
HOA amenities
Pool

Schools

School district
Nineveh-Hensley-Jackson United

Taxes

Estimated annual tax
$4,550 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,208per month, estimated
Principal and interest $2,570Property tax $379Insurance $178HOA $80
20% · $101,980
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$509,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.