4523 E Parkwood Drive Martinsville, IN $ 349,900
4523 E Parkwood Drive
$ 349,900
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4523 E Parkwood Drive

Martinsville, IN, 46151
$ 349,900
Bedrooms4 Baths2.1 Sq 2,768

Monthly Estimate*

$ 2,209

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Single Family Home for sale in Martinsville, IN

for $349,900 with 4 bedrooms and 2 full baths, 1 half bath. This 2,768 square foot home was built in 1971 on a lot size of 1.45.

Tucked among mature trees on a private 1.45-acre lot, this distinctive A-frame offers character, space, and flexibility inside the sought-after Painted Hills lake community. Vaulted ceilings and a dramatic two-story great room create an open, light-filled gathering space, while the main-level primary suite adds everyday convenience. The finished walk-out basement provides additional living space with flexible rooms perfect for guests, hobbies, or a home office--ideal for remote work or hosting weekend visitors. The standout feature is the massive detached 4-car garage/workshop-perfect for car enthusiasts, boat storage, woodworking, creative projects, or extra recreational gear. Step outside to your wraparound porch and enjoy peaceful wooded views on 1.45 private acres. Located inside Painted Hills, residents enjoy private lake access, boat docks, pool, tennis and pickleball courts, clubhouse, dog park, playground, and more. Whether you're looking for a full-time residence, a lake community escape from Indianapolis, or a weekend home to recharge and unwind, this unique A-frame offers space, privacy, and opportunity to make it your own.

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Single Family Active

Price

$ 349,900

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 392

Style

A-Frame

Lot Size

1.45

Year Built

1971

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22087504

Features
Interior
Interior Amenities Breakfast Bar Built-in Features Cathedral Ceiling(s) Pantry
Basement Daylight Walk-Out Access
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Below Grade Finished Area 946
Main Level Bedrooms 1
Total Baths 3
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General
Heating Forced Air Propane
Cooling Central Air
Possession Closing
Appliances Dryer Electric Oven Refrigerator Dishwasher Washer
HOA Fee 950
Garage Spaces 4
Association Fee Includes Association Home Owners Clubhouse ParkPlayground Pickleball Court Security Snow Removal Tennis Court(s)
Patio/Porch Features Wrap Around
Architectural Style A-Frame
Construction Materials Cedar Stone
Year Built 1971
Township Jackson
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
Association Amenities Clubhouse Dog Park Park Pickleball Court(s) Playground Pool Tennis Court(s) Water Security Snow Removal
HOA Y
Subdivision Name Painted Hills
Garage Y/N Y
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
High School Indian Creek Sr High School
City Martinsville
High School District Nineveh-Hensley-Jackson United
MLS Area 5511 - Morgan - Jackson
Lot Size Square Feet 63162
Elementary School Indian Creek Elementary School
Property Attached Y/N N
Middle/Junior High School Indian Creek Middle School
Additional Parcels Y/N Y
Virtual Tour https://hotplatemedia.aryeo.com/sites/ewnbqzkk/unbranded https://hotplatemedia.aryeo.com/sites/4523-parkwood-dr-martinsville-in-46151-23075528/branded
Standard Status Active
Tax Lot 633
Legal Description Lot 630 Painted HIlls Subdivision 7Th Lot 631 Painted HIlls Subdivision 7Th Lot 632 Painted HIlls Subdivision 7Th Lot 633 Painted HIlls Subdivision 7Th
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Exterior
Exterior Amenities Balcony
Parking Features Attached Detached
Lot Features Corner Lot Rural - Subdivision Mature Trees Wooded
Water Source Public
Foundation Details Block
Building Area Total 2768
Lot Size Acres 1.45
Horse Amenities None
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* Excluded Features
List By
Century 21 Scheetz

Broker

rshadday@c21scheetz.com

Email

Affordability Calculator

$2,242
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,209
Monthly Property Taxes
$33
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046630 Elementary School
4046509 Middle School
Indian Creek Sr High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$349,900 -4.14% Price Down
3/20/2026$365,000 Listed Price

Map


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4523 E Parkwood Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $349,900 with 2,768 sqft and a lot size of 1.45. 4523 E Parkwood Drive has 4 bedrooms, 2.1 baths, and was built in 1971. The property's zip code is 46151 which is in Martinsville, IN