4231 E Lakeview Drive Martinsville, IN $ 375,000
4231 E Lakeview Drive
$ 375,000
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4231 E Lakeview Drive

Martinsville, IN, 46151
$ 375,000
Bedrooms4 Baths2.0 Sq 1,822

Monthly Estimate*

$ 2,309

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Single Family Home for sale in Martinsville, IN

for $375,000 with 4 bedrooms and 2 full baths. This 1,822 square foot home was built in 1989 on a lot size of 0.8.

OPEN HOUSE IS CANCELLED - PENDING CLOSING - LAKE LIFE WITHOUT THE WATERFRONT PRICE TAG! Welcome to Painted Hills, Southern Indiana's most sought-after private lake community. With no hills on your drive in and walking distance to the clubhouse, beach, park, kayak rack, swim docks, & both lakes, this 4 bedroom, 2 bath ranch offers the lifestyle you've been searching for! Inside, you'll find an open-concept floor plan with luxury vinyl plank flooring, tray ceilings, abundant natural light, & spacious living areas designed for everyday comfort & entertaining. The oversized primary suite serves as a private retreat, complete with a massive walk-in closet & a private bathroom. Step outside to enjoy your massive fully fenced in backyard perfect for children, pets, gardening, backyard games & outdoor gatherings. The attached 2-car garage & mini barn provide ample storage for vehicles, tools, lake toys & outdoor equipment. PLUS a New Water in 2025 & a New Roof in 2021. Painted Hills offers an unmatched resort-style lifestyle with exclusive access to 150 acre Lake Holiday & 46 acre Lake Nebo. Community amenities include a private beach, multiple swim docks, pickleball, tennis, basketball, volleyball, dog park, swimming pool, playground, shelter house, private clubhouse, members-only restaurant & bar and year-round community events that create a true sense of belonging. One of the community's most unique advantages is its Dual School District designation, offering dual busing opportunities for both MSD of Martinsville & Indian Creek Schools. Conveniently located between Indianapolis & Bloomington, this home is ideal for first-time buyers, growing families, remote workers, or anyone looking to downsize without sacrificing space or amenities. Did we mention Cedar Creek is right across the street? Drive your ATV full time in this Morgan County Paradise. Live Music, Boating, Fishing, Paddleboarding, Biking, Walking, there is truly something for everyone in Painted Hills!

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Single Family Pending

Price

$ 375,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,454

Style

Ranch

Lot Size

0.8

Year Built

1989

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22105759

Features
Interior
Interior Amenities Attic Pull Down Stairs Bath Sinks Double Main High Ceilings Tray Ceiling(s) Ceiling Vaulted Hi-Speed Internet Availbl Eat-in Kitchen Pantry Walk-In Closet(s) Wood Work Painted
Basement (Y/N) N
Half Baths 0
Laundry Features In Unit Connections All Laundry Room Main Level
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 2
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General
Heating Electric Propane
Cooling Central Air
Utilities Electricity Connected Septic System Water Connected
Possession Negotiable
Appliances Gas Cooktop Dishwasher Electric Water Heater Gas Oven Refrigerator
HOA Fee 950
Garage Spaces 2
Association Fee Includes Clubhouse Entrance Common Maintenance Nature Area ParkPlayground Pickleball Court Resident Manager Security Tennis Court(s) Other
Patio/Porch Features Covered Deck Porch
Architectural Style Ranch
Construction Materials Vinyl With Brick
Year Built 1989
Electric 220 Volts
View Lake Neighborhood Rural Trees/Woods Water
Township Jackson
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
Association Amenities Basketball Court Beach Access Beach Rights Billiard Room Boat Dock Boat Slip Boating Cable TV Clubhouse Dog Park Game Court Exterior Maintenance Grounds Management Meeting Room Park Parking Party Roo
HOA Y
Subdivision Name Painted Hills
Facing Direction North
Garage Y/N Y
Total Rooms 11
Full Baths 2
Status Pending
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 34804
Elementary School Indian Creek Elementary School
Property Attached Y/N N
Current Financing Conventional FHA USDA VA
Middle/Junior High School Indian Creek Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 243B
Virtual Tour www.DanielleStiles.com
Legal Description Lot 243B & Lot 244 Painted Hills Subdivision 3rd
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Exterior
Exterior Amenities Barn Mini Fire Pit Tennis Court(s) Other
Fencing Chain Link Fence Complete Full Gate
Parking Features Attached
Lot Features Close to Clubhouse Corner Lot Rural - Subdivision Mature Trees Wooded
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 1822
Lot Size Acres 0.8
Waterfront Y/N N
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded Features
List By
The Modglin Group

Broker

RealEstate@DanielleStiles.com

Email

Affordability Calculator

$2,430
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$121
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/4/2026$375,000 Listed Price

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4231 E Lakeview Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $375,000 with 1,822 sqft and a lot size of 0.8. 4231 E Lakeview Drive has 4 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 46151 which is in Martinsville, IN