$8,000
$2K PRICE DROP

Estimated payment $105/month

Total Views 5,923
0.5 Acre
$16,000 Price per Acre
34,814 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • Mature Trees
  • Cul-De-Sac

About This Lot

Become part of the exclusive Painted Hills Lake Community with this beautiful wooded membership lot located on Cherry Court. This property is a membership-only lot and is not currently considered a buildable homesite. Ownership provides the valuable right to enjoy the private Painted Hills lifestyle while requiring virtually no maintenance. For just $713 per year in HOA dues, payable each May 1, you'll enjoy full access to the community's outstanding amenities, including the 150-acre Lake Holiday, 46-acre Lake Nebo, private beach, swimming pool, clubhouse, members-only restaurant and bar, pickleball, tennis, basketball, volleyball, dog park, playground, kayak launch, fishing docks, swimming docks, and year-round community events. Whether you're looking for an affordable way to enjoy lake life, secure your place in this highly sought-after private community, or invest for the future, this property offers exceptional value. While this lot is not currently buildable, buyers may wish to explore its future potential should adjoining properties become available. Any future development, building rights, or use would be subject to applicable approvals, regulations, and independent buyer due diligence. Conveniently located just 30 minutes from Indianapolis, Bloomington, and Indianapolis International Airport, Painted Hills offers a unique combination of resort-style living and small-town charm. Take your ATV to community amenities, Downtown Martinsville, local restaurants, shopping, and the popular Cedar Creek entertainment destination featuring concerts, a winery, brewery, distillery, and year-round events. Membership opportunities in Painted Hills are becoming increasingly difficult to find. Whether you're seeking recreational access today or a long-term investment within one of Morgan County's premier private lake communities, this property is an opportunity you won't want to miss. 3 adjoining lots are also available for seperate purchase.

Listing Agent

Danielle Stiles

The Modglin Group Brokerage Email: RealEstate@DanielleStiles.com License #RB18000499 Listed on: 07/01/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23

Lot Details

  • 34,814 Sq Ft Lot
  • Cul-De-Sac
  • Rural Setting
  • Irregular Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $59 Monthly HOA Fees

Property Views

  • Woods
  • Forest
  • Rural

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Septic Needed

Community Details

  • Association fees include clubhouse, maintenance, parkplayground, pickleball court, security, tennis court(s)
  • Association Phone (765) 342-6409
  • Painted Hills Subdivision
  • Property managed by Painted Hills

Listing and Financial Details

  • Tax Lot 551418480002000012
  • Assessor Parcel Number 551418480002000012

Property Details

Property Type

Land

Est. Annual Taxes

$23

Lot Details

0.8 Acres

HOA Fees

$59 per month

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2025
  • Lot Size Acres: 0.5
  • Road Frontage Type: Private Road
  • Road Surface Type: See Remarks
  • Subdivision Name: Painted Hills
  • Transaction Type: Sale
  • Website: www.MoveToPaintedHills.com
  • Attribution Contact: RealEstate@DanielleStiles.com
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Hilly,Sloping,Wooded
  • View: Forest, Rural, Trees/Woods
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Limited Acc
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Needed
  • Water Source: None
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Basketball Court, Beach Access, Beach Rights, Billiard Room, Boat Dock, Boat Slip, Boating, Clubhouse, Dog Park, Game Court Exterior, Maintenance, Park, Parking, Pickleball Court(s), Picnic Area, Playground, Powered Boats Allowed, RV Parking, RV/Boat Storage, Recreation Facilities, Security, Sport Court, Tennis Court(s)
  • Association Fee: 713
  • Association Fee Frequency: Annually
  • Association Phone: 765-342-6409
  • Association YN: Yes
  • Management Company Name: Painted Hills
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance, ParkPlayground, Pickleball Court, Security, Tennis Court(s)

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Cul-De-Sac, Irregular Lot, Rural - Subdivision, Mature Trees, Wooded
  • Additional Parcels: No
  • Development Status: Plat Recorded
  • Horse Amenities: None
  • Lot Size Sq Ft: 34814
  • Number Of Lots: 1
  • Parcel Number: 551418480002000012
  • Zoning: Residential
  • Acres: 1/2-1 Acre
  • Land Characteristics: Dock Access,Mature Trees,Rural In Subdivsion,Water Acces
  • Present Zoning: Single Family
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 23.44
  • Tax Lot: 551418480002000012
  • Semi Annual Property Tax Amt: 11.72
  • Tax Exemption: None

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2026 07/18/26 Price Changed $8,000 -20.0% --
07/01/2026 07/01/26 For Sale $10,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22111371

MIBOR Broker Listing Cooperative®
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