4078 E Rembrandt Drive Martinsville, IN $ 750,000
4078 E Rembrandt Drive
$ 750,000
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4078 E Rembrandt Drive

Martinsville, IN, 46151
$ 750,000
Bedrooms2 Baths1.1 Sq 1,056

Monthly Estimate*

$ 5,180

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Single Family Home for sale in Martinsville, IN

for $750,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,056 square foot home was built in 1978 on a lot size of 3.26.

Rarely does an opportunity like this come to market. This unique 3.25-acre BUIDABLE and wooded retreat featuring LAKEFRONT ACCESS WITH 267 FEET OF SHORELINE on Painted Hills Lake offers the perfect blend of move-in-ready comfort and future potential. The property features a fully renovated two-bedroom home boasting new LVP flooring, a new deck, a modern sound system, and updated roof and mechanicals. For the craftsman or car enthusiast, the brand-new three-car carriage house is a standout. It includes a mechanic's pit, one 8-foot garage door, two 6-foot doors, a spacious unfinished upper level ideal for a game room or studio, and a second storage garage.With ample space to build your custom dream home. It has already undergone soil testing (Level 2) and has an additional septic permit is in progress; offers are welcome to be written with a contingency on its approval. Enjoy waterfront living with your own private floating dock on a lake that permits speedboats. While lake levels are currently lowered for routine dam maintenance, they are scheduled to return to normal by spring. Utilities include city water, propane, and septic, all supported by an active and affordable $1,200/year HOA. This is an exceptional chance to secure a versatile property in a sought-after community with excellent Highway 69 access.

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Single Family Active

Price

$ 750,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 3,802

Style

Ranch

Lot Size

3.26

Year Built

1978

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22131026

Features
Interior
Interior Amenities Attic Access Breakfast Bar Vaulted Ceiling(s) Paddle Fan Wired for Sound
Total Fireplaces 1
Fireplace Features Living Room Masonry Wood Burning
Basement (Y/N) N
Half Baths 1
Laundry Features Other
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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General
Heating Forced Air Propane
Cooling Central Air
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater Disposal Microwave Oven Range Hood Refrigerator Washer Water Heater Water Softener Owned
HOA Fee 1200
Garage Spaces 3
Association Fee Includes Clubhouse ParkPlayground Snow Removal Tennis Court(s)
Patio/Porch Features Deck Patio
Architectural Style Ranch
Construction Materials Wood Siding
Year Built 1978
Electric 100 Amp Service
View Lake Trees/Woods
Township Jackson
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Privileges Lake Front Water Access Water View Waterfront
Additional Parcels Description SEE ATTACHMENT
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
Association Amenities Beach Access Boating Clubhouse Management Park Picnic Area Playground Pool Snow Removal Tennis Court(s)
HOA Y
Subdivision Name Painted Hills
Garage Y/N Y
Other Structures Outbuilding
Total Rooms 4
Full Baths 1
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 142005
Elementary School Indian Creek Elementary School
Property Attached Y/N N
Middle/Junior High School Indian Creek Middle School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot SEE ATTACHMENT
Legal Description SEE ATTACHMENT
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Exterior
Exterior Amenities Storage Shed Tennis Community
Parking Features Detached Gravel Garage Door Opener Storage Workshop in Garage
Lot Features Irregular Lot Mature Trees Wooded
Water Source Public
Foundation Details Block
Spa N
Building Area Total 1056
Lot Size Acres 3.26
Waterfront Y/N Y
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
@Properties

Broker

jenni@atpropertiesind.com

Email

Affordability Calculator

$5,497
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$317
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/13/2026$750,000 Listed Price

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4078 E Rembrandt Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $750,000 with 1,056 sqft and a lot size of 3.26. 4078 E Rembrandt Drive has 2 bedrooms, 1.1 baths, and was built in 1978. The property's zip code is 46151 which is in Martinsville, IN