$49,000
$16K PRICE DROP

0 S Cove Rd Unit MBR22048618 Painted Hills, IN 46151

Estimated payment $335/month

Total Views 8,974
0.4 Acre
$122,500 Price per Acre
17,424 Sq Ft Lot

Highlights

  • Waterfront
  • Lake Privileges
  • Mature Trees

About This Lot

LAKE LIFE! Discover the perfect blend of nature and recreation with this beautiful wooded lot in the sought-after Painted Hills community. Nestled among mature trees, this lot offers peaceful surroundings and coveted lake access to the scenic lakes. Enjoy resort-style amenities including a private beach, community pool, clubhouse with restaurant and bar, and sports courts- ideal for year-round living OR a weekend retreat. Build your lake dream home(with approval) and embrace everything lake life has to offer in beautiful Morgan County.

Listing Agent

Corina Jones

Your Home Team License #RB14035921 Listed on: 07/02/2025

Co-Listing Agent

Chris Pagano

Your Home Team License #RB14040442

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $218

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $59 Monthly HOA Fees

Schools

  • John R. Wooden Middle School
  • Bell Intermediate Academy

Additional Features

  • Water Views
  • Septic Needed

Listing and Financial Details

  • Tax Lot 142B
  • Assessor Parcel Number 551407442003000012

Community Details

Overview

  • Painted Hills Subdivision

Recreation

  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$218

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Type: See Remarks
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.4
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Painted Hills
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Wooded
  • View: Water
  • View Y N: Yes
  • Waterfront Features: Lake Privileges
  • Waterfront: Yes
  • Road Access: County Rd
  • Water: Municipal Water Near By,Municipal Water on Site

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 713
  • Association Fee Frequency: Annually
  • Association YN: Yes

Schools

  • Middle Or Junior School: John R. Wooden Middle School
  • MBR_IntermediateSchool: Bell Intermediate Academy

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 17293
  • Parcel Number: 551407442003000012
  • Zoning: residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Dock Owned,Irregular Lot,Lake Front,Mature Trees,Water Acces,Wooded
  • Present Zoning: Single Family
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 218
  • Tax Lot: 142B
  • Semi Annual Property Tax Amt: 109

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Price Changed $49,000 -15.5% --
08/19/2025 08/19/25 Price Changed $58,000 -10.8% --
07/02/2025 07/02/25 For Sale $65,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048618

MIBOR Broker Listing Cooperative®
Indiana Morgan County 46151

0 S Cove Rd Unit MBR22048618, IN

For Sale

Lots

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Corina Jones
Listing Agent
Corina Jones
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Your Home Team
(765) 537-3704