5587 Paradise Court
Martinsville, IN, 46151 $ 270,000
Bedrooms1 Baths1.0 Sq 1,152 Monthly Estimate*
$ 1,705
for $270,000 with 1 bedroom and 1 full bath. This 1,152 square foot home was built in 1982 on a lot size of 0.3.
Welcome to your dream lakeside escape in Martinsville! Escape to your private water front lakeside log cabin retreat complete with large 2 car garage and massive storage shed! Nestled among mature trees on a beautifully manicured lot, this authentic log home offers the perfect blend of rustic charm, cozy comfort, and serene waterfront living. From the moment you pull up the driveway past the detached two car garage with its iconic country star, you will feel the hustle and bustle of everyday life simply melt away. Step across the expansive, covered front porch perfect for morning coffee or evening relaxation on a porch swing and into a warm, inviting interior that boasts rich wood textures from floor to ceiling. The main level features a thoughtfully designed kitchen complete with warm wood cabinetry, timeless exposed beams, character rich string lighting, and direct access to the side yard. It flows seamlessly into the main living spaces, making it ideal for both quiet nights in and entertaining friends. Enjoy the ultimate convenience of a main floor master bedroom, offering a peaceful, private sanctuary at the end of the day with easy access to the main living areas. Head upstairs to discover a versatile layout that maximizes every square inch of the cabin's unique architecture. A fantastic, open loft/flex space awaits your imagination. Whether you need a dedicated home office, a cozy reading nook, a secondary TV lounge, or a play area, this sun drenched space adapts to your lifestyle. Just off the loft is an additional private room. While not technically a bedroom by modern definition, it functions beautifully as a second sleeping area for guests, a hobby room, or massive extra storage. The exterior of this property is a nature lover's paradise. The back of the cabin opens up to a stunning, deep set covered porch that overlooks a peaceful, non water sport lake with abundant fish life!
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FeaturesInteriorInterior Amenities Ceiling Vaulted Supplemental Storage Walk-In Closet(s) Cathedral Ceiling(s)
Basement (Y/N) N
Half Baths 0
Laundry Features Laundry Closet Laundry Room
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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GeneralHeating Propane Wood Stove
Cooling Central Air
Possession Closing Negotiable
Appliances Electric Cooktop Refrigerator Microwave Washer Dryer
HOA Fee 485
Garage Spaces 2
Patio/Porch Features Covered Deck
Architectural Style Log
Security Features Smoke Detector(s)
Construction Materials Log Wood Siding
Year Built 1982
View Trees/Woods Water
Township Green
Levels Two One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dock Lake Front Water Access Water View Waterfront
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
HOA Y
Subdivision Name Paradise Lake
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
High School Martinsville High School
City Martinsville
High School District MSD Martinsville Schools
MLS Area 5510 - Morgan - Green
Lot Size Square Feet 12850
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School John R. Wooden Middle School
Additional Parcels Y/N N
Standard Status Active
Tax Lot 53
Legal Description Lot 53 Blk A Paradise Lake
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ExteriorExterior Amenities Storage Shed Fire Pit
Parking Features Detached Attached Garage Door Opener
Water Source Public Private
Foundation Details Cellar
Spa N
Building Area Total 1152
Lot Size Acres 0.3
Waterfront Y/N Y
Horse Amenities None
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* Excluded FeaturesList Byjason.engle@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,705
- Monthly Property Taxes
- $67
- 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.
Learn more about how to save NearbySingle family listings in Martinsville, IN
Average List Price $421,310
Percent of Sale Price 56%
About Martinsville, IN 11,435 Population
-4% Since 2002
$ 43,007 Median Income
37.97 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4046635 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $270,000 | -5.26% | Price Down |
| 5/27/2026 | $285,000 | | Listed Price |