5739 Paradise Drive Martinsville, IN $ 498,900
5739 Paradise Drive
$ 498,900
Recently Listed
Share Save

5739 Paradise Drive

Martinsville, IN, 46151
$ 498,900
Bedrooms3 Baths2.0 Sq 2,644

Monthly Estimate*

$ 3,150

5739 Paradise Drive, Martinsville, IN 46151 - Image 1
5739 Paradise Drive, Martinsville, IN 46151 - Image 2
5739 Paradise Drive, Martinsville, IN 46151 - Image 3
5739 Paradise Drive, Martinsville, IN 46151 - Image 4
5739 Paradise Drive, Martinsville, IN 46151 - Image 5
5739 Paradise Drive, Martinsville, IN 46151 - Image 6
5739 Paradise Drive, Martinsville, IN 46151 - Image 7
5739 Paradise Drive, Martinsville, IN 46151 - Image 8
5739 Paradise Drive, Martinsville, IN 46151 - Image 9
5739 Paradise Drive, Martinsville, IN 46151 - Image 10
5739 Paradise Drive, Martinsville, IN 46151 - Image 11
5739 Paradise Drive, Martinsville, IN 46151 - Image 12
5739 Paradise Drive, Martinsville, IN 46151 - Image 13
5739 Paradise Drive, Martinsville, IN 46151 - Image 14
5739 Paradise Drive, Martinsville, IN 46151 - Image 15
5739 Paradise Drive, Martinsville, IN 46151 - Image 16
5739 Paradise Drive, Martinsville, IN 46151 - Image 17
5739 Paradise Drive, Martinsville, IN 46151 - Image 18
5739 Paradise Drive, Martinsville, IN 46151 - Image 19
5739 Paradise Drive, Martinsville, IN 46151 - Image 20
5739 Paradise Drive, Martinsville, IN 46151 - Image 21
5739 Paradise Drive, Martinsville, IN 46151 - Image 22
5739 Paradise Drive, Martinsville, IN 46151 - Image 23
5739 Paradise Drive, Martinsville, IN 46151 - Image 24
5739 Paradise Drive, Martinsville, IN 46151 - Image 25
5739 Paradise Drive, Martinsville, IN 46151 - Image 26
5739 Paradise Drive, Martinsville, IN 46151 - Image 27
5739 Paradise Drive, Martinsville, IN 46151 - Image 28
5739 Paradise Drive, Martinsville, IN 46151 - Image 29
5739 Paradise Drive, Martinsville, IN 46151 - Image 30
5739 Paradise Drive, Martinsville, IN 46151 - Image 31
5739 Paradise Drive, Martinsville, IN 46151 - Image 32
5739 Paradise Drive, Martinsville, IN 46151 - Image 33
5739 Paradise Drive, Martinsville, IN 46151 - Image 34
5739 Paradise Drive, Martinsville, IN 46151 - Image 35
5739 Paradise Drive, Martinsville, IN 46151 - Image 36
5739 Paradise Drive, Martinsville, IN 46151 - Image 37
5739 Paradise Drive, Martinsville, IN 46151 - Image 38
5739 Paradise Drive, Martinsville, IN 46151 - Image 39
5739 Paradise Drive, Martinsville, IN 46151 - Image 40
5739 Paradise Drive, Martinsville, IN 46151 - Image 41
5739 Paradise Drive, Martinsville, IN 46151 - Image 42
5739 Paradise Drive, Martinsville, IN 46151 - Image 43
5739 Paradise Drive, Martinsville, IN 46151 - Image 44
5739 Paradise Drive, Martinsville, IN 46151 - Image 45
5739 Paradise Drive, Martinsville, IN 46151 - Image 46

Single Family Home for sale in Martinsville, IN

for $498,900 with 3 bedrooms and 2 full baths. This 2,644 square foot home was built in 1964 on a lot size of 0.91.

Location, Location, Location - Welcome home to this charming Cape Cod-style LAKEFRONT retreat on nearly 1 ACRE in highly sought-after Paradise Lake neighborhood! 5 minutes from Mallow Run Winery, 10 minutes to Bargersville, 15 minutes to Franklin, 20 minutes to surrounding cities: Greenwood, Mooresville, Martinsville, and Indianapolis! Situated on a SPACIOUS CORNER LOT consisting of three parcels, this property offers the rare combination of space, water access, privacy, and convenience. Enjoy peaceful lake views all while being centrally located between surrounding cities and everyday amenities. This home has undergone an extensive list of recent improvements, making it truly move-in ready. Major 2025-2026 updates include a NEW ROOF, NEW GUTTERS and gutter guards, NEW SEPTIC SYSTEM, NEW WATER HEATER, new waterproof laminate hardwood flooring, fresh interior and exterior paint, and much more throughout. As you step inside through your covered front porch, you'll find a warm and inviting floor plan enhanced by a built-in electric fireplace and entertainment center in your living room. The main level flows seamlessly into the galley-style kitchen, where picturesque water views create a beautiful backdrop and provide easy access to the private BACK DECK -perfect for relaxing and taking in the lakefront setting. Also on the main level is a generously sized bedroom and an updated full bath featuring a luxurious walk-in shower. Upstairs, a versatile loft area offers additional space along with ample storage closets. A generously sized bedroom offers flexibility for family, guests, or a home office, while the EXPANSIVE PRIMARY SUITE feels like a private retreat, complete with a walk-in closet, updated full bath, and its own PRIVATE BALCONY overlooking the property. With lakefront living, a PRIVATE DOCK, nearly an acre, three parcels, 2,644 square feet, and substantial recent updates, this home offers a unique opportunity in a desirable setting

See more

Single Family Active

Price

$ 498,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,330

Style

Cape Cod

Lot Size

0.91

Year Built

1964

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22126333

Features
Interior
Interior Amenities Walk-In Closet(s)
Total Fireplaces 1
Fireplace Features Electric Insert
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 2
See more
General
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Septic System Water Connected
Possession Negotiable Other
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater MicroHood Microwave Electric Oven Refrigerator Washer
HOA Fee 480
Garage Spaces 2
Patio/Porch Features Covered Deck
Architectural Style Cape Cod
Construction Materials Wood Siding Stone
Year Built 1964
View Lake Trees/Woods Water
Township Green
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Boat Slip Dock Lake Privileges Lake Front Water Access Water View Waterfront
Additional Parcels Description Lot 39 Blk A Paradise Lake Lot 40 Blk A Paradise Lake
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 6
Full Baths 2
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 20996
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
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 41 42
Legal Description Lot 41 Blk A Paradise Lake Lot 42 Blk A Paradise Lake
See more
Exterior
Exterior Amenities Balcony Barn Mini Storage Gutter Guards Fire Pit Storage Shed
Fencing Chain Link Gate
Parking Features Attached
Lot Features Corner Lot Mature Trees Wooded See Remarks Other
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 2644
Lot Size Acres 0.91
Waterfront Y/N Y
Horse Amenities None
See more
* Excluded Features
List By
Highgarden Real Estate

Broker

swolfe@highgarden.com

Email

Affordability Calculator

$3,261
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,150
Monthly Property Taxes
$111
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4048054 Elementary School
4046456 Middle School
Martinsville High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$498,900 -0.20% Price Down
9/21/2026$499,900 -1.98% Price Down
9/20/2026$510,000 -1.90% Price Down
9/18/2026$519,900 -0.97% Price Down
9/16/2026$525,000 Listed Price

Map


See all

5739 Paradise Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $498,900 with 2,644 sqft and a lot size of 0.91. 5739 Paradise Drive has 3 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 46151 which is in Martinsville, IN