5801 Paradise Drive Martinsville, IN $ 245,000
5801 Paradise Drive
$ 245,000
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5801 Paradise Drive

Martinsville, IN, 46151
$ 245,000
Bedrooms1 Baths1.0 Sq 972

Monthly Estimate*

$ 1,509

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Single Family Home for sale in Martinsville, IN

for $245,000 with 1 bedroom and 1 full bath. This 972 square foot home was built in 1973 on a lot size of 0.21.

Location, Location, Location! Welcome to your own slice of lake life! Enjoy peaceful waterfront living while remaining conveniently close to everything: 10 minutes to Bargersville, 15 minutes to Center Grove, 25 minutes to Greenwood, 20 minutes to Martinsville, 20 minutes to Franklin, 20 minutes to Mooresville, and 30 minutes to Downtown Indianapolis... Whether you're a first-time home buyer dreaming of waterfront living or searching for the perfect weekend getaway, summer retreat, or investment property, this charming lakefront home offers the ideal blend of relaxation, updates, and convenience. As you step inside, you're immediately greeted by the living room featuring beautiful views of the lake, creating the perfect backdrop for everyday living. Just off the entry is a recently added full bathroom, completely updated with new plumbing, shower, vanity, toilet, faucets, and flooring. The open-concept kitchen flows seamlessly into the living area and features newer cabinetry, countertops, appliances, and sink, making it both functional and inviting. Upstairs, you'll find a spacious bedroom retreat complete with access to a private balcony through newer exterior doors. Outside is where this property truly shines: An expansive deck provides plenty of space for entertaining, grilling, or simply soaking in the lake views. A storage shed offers convenient space for all your lake toys and equipment, while the private dock gives you direct access to fishing, boating, kayaking, swimming, and everything else lake life has to offer. This home has been extensively updated, including all new plumbing throughout, newer windows, a newer roof, fresh interior paint, new tile flooring throughout, new washer and dryer, new water heater, and a newer mini-split HVAC system for year-round comfort. Move-in ready, professionally cleaned, and packed with updates, this is an incredible opportunity to own an affordable lakefront property in a highly convenient location.

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Single Family Active

Price

$ 245,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 1,112

Style

A-Frame

Lot Size

0.21

Year Built

1973

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22107379

Features
Interior
Interior Amenities Cathedral Ceiling(s) Ceiling Vaulted
Basement (Y/N) N
Half Baths 0
Total Bedrooms 1
Main Level Bedrooms 1
Total Baths 1
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General
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities Electricity Connected Septic System Water Connected
Possession Closing Negotiable
Appliances Electric Cooktop Dryer Electric Water Heater Disposal Microwave Electric Oven Refrigerator Washer
HOA Fee 480
Association Fee Includes Association Home Owners Entrance Common Other
Patio/Porch Features Deck Porch
Architectural Style A-Frame
Construction Materials Wood Siding
Year Built 1973
Electric 200+ Amp Service
View Lake
Township Green
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dock Lake Privileges Lake Front Water Access Water View Waterfront
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
Association Amenities Boat Dock Other
HOA Y
Subdivision Name Paradise Lake
Garage Y/N N
Total Rooms 4
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 9148
Elementary School Green Township Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School John R. Wooden Middle School
Standard Status Active
Tax Lot 36 37
Legal Description Lot 36 Blk A Paradise Lake W 1/2 Lot 37 Blk A Paradise Lake
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Exterior
Water Source Public
Foundation Details Crawl Space
Building Area Total 972
Lot Size Acres 0.21
Waterfront Y/N Y
Horse Amenities None
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* Excluded Features
List By
Highgarden Real Estate

Broker

swolfe@highgarden.com

Email

Affordability Calculator

$1,601
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$93
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
4048054 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$245,000 Listed Price

Map


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5801 Paradise Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $245,000 with 972 sqft and a lot size of 0.21. 5801 Paradise Drive has 1 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 46151 which is in Martinsville, IN