4523 E Parkwood Drive Martinsville, IN $ 365,000
4523 E Parkwood Drive
$ 365,000
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4523 E Parkwood Drive

Martinsville, IN, 46151
$ 365,000
Bedrooms4 Baths2.1 Sq 2,768

Monthly Estimate*

$ 2,247

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Single Family Home for sale in Martinsville, IN

for $365,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,768 square foot home was built in 1971 on a lot size of 1.45.

Welcome to your Private 1.45-Acre Retreat in Painted Hills! If you've been looking at lake communities, but refuse to settle for a cookie-cutter subdivision, this is the 'blank slate' you've been waiting for. Tucked on a private, wooded 1.45-acre lot, this home has been completely cleared of all belongings-offering a clean, vacant canvas for your specific vision.Experience an elevated way of living in the sought-after Painted Hills community, where luxury amenities meet a relaxed, lakeside pace. Living here feels exclusive. You aren't just buying a home; you're gaining exclusive access to the Painted Hills lifestyle: private boat docks, a community pool, tennis, and pickleball courts-even a dog park-amenities usually reserved for a much higher bracket. For the hobbyist, the massive detached 4-car workshop is the crown jewel. With ample space for automotive restoration, a professional woodworking studio, or a high-end creative escape, it offers a level of utility you simply won't find at this price point. Getting in now means you'll be settled in time to watch the 1.4 acres bloom into a private canopy and hit the lake just as the season peaks. Whether you're an artist seeking silence, a nature lover looking for mature trees, or a maker who needs a proper shop, the opportunity to claim this unique sanctuary is now.

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Single Family Active

Price

$ 365,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 392

Style

A-Frame

Lot Size

1.45

Year Built

1971

Town/City

Martinsville

County/Region

Morgan

MLS | Web ID

22087504

Features
Interior
Interior Amenities Breakfast Bar Built-in Features Cathedral Ceiling(s) Pantry
Basement Daylight Walk-Out Access
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Below Grade Finished Area 946
Main Level Bedrooms 1
Total Baths 3
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General
Heating Forced Air Propane
Cooling Central Air
Possession Closing
Appliances Dryer Electric Oven Refrigerator Dishwasher Washer
HOA Fee 950
Garage Spaces 4
Association Fee Includes Association Home Owners Clubhouse ParkPlayground Pickleball Court Security Snow Removal Tennis Court(s)
Patio/Porch Features Wrap Around
Architectural Style A-Frame
Construction Materials Cedar Stone
Year Built 1971
Township Jackson
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Morgan
New Construction N
Property Type Residential
Association Amenities Clubhouse Dog Park Park Pickleball Court(s) Playground Pool Tennis Court(s) Water Security Snow Removal
HOA Y
Subdivision Name Painted Hills
Garage Y/N Y
Total Rooms 9
Full Baths 2
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 63162
Elementary School Indian Creek Elementary School
Property Attached Y/N N
Middle/Junior High School Indian Creek Middle School
Additional Parcels Y/N Y
Virtual Tour https://hotplatemedia.aryeo.com/sites/ewnbqzkk/unbranded https://hotplatemedia.aryeo.com/sites/4523-parkwood-dr-martinsville-in-46151-23075528/branded
Standard Status Active
Tax Lot 633
Legal Description Lot 630 Painted HIlls Subdivision 7Th Lot 631 Painted HIlls Subdivision 7Th Lot 632 Painted HIlls Subdivision 7Th Lot 633 Painted HIlls Subdivision 7Th
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Exterior
Exterior Amenities Balcony
Parking Features Attached Detached
Lot Features Corner Lot Rural - Subdivision Mature Trees Wooded
Water Source Public
Foundation Details Block
Building Area Total 2768
Lot Size Acres 1.45
Horse Amenities None
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* Excluded Features
List By
Century 21 Scheetz

Broker

rshadday@c21scheetz.com

Email

Affordability Calculator

$2,280
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$33
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
3/20/2026$365,000 Listed Price

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4523 E Parkwood Drive, Martinsville, IN, 46151 is a Single Family Home for sale at $365,000 with 2,768 sqft and a lot size of 1.45. 4523 E Parkwood Drive has 4 bedrooms, 2.1 baths, and was built in 1971. The property's zip code is 46151 which is in Martinsville, IN