$699,900
OPEN MON 1PM - 5PM $25K PRICE DROP

1992 S Painted Hills Ct Martinsville, IN 46151

Estimated payment $4,163/month

Total Views 7,970
5 Beds
3.5 Baths
3,940 Sq Ft
$178 Price per Sq Ft

Highlights

  • Heated Spa
  • Lake View
  • Lake Privileges
  • Sauna
  • Waterfront
  • Mature Trees

About This Home

We are delighted to present this exquisite lake house, a luxurious haven situated on the shores of Lake Holiday. The spacious, open kitchen is ideal for preparing gourmet meals. Notable features of this lake house include the 2 laundry rooms, billiard room, cedar closets, theater room, sauna, 24x14 storage building / garage perfect for recreational vehicles, loft (which could serve as a 5th BR), 4-car split garage, temperature-controlled basement level garage, and a custom 12 ft wet bar for entertaining. Due to the extensive list of amenities, we invite you to visit and experience it for yourself. This home offers the perfect blend of luxury and elegance, making it a true sanctuary. The wraparound deck is ideal for enjoying the serenity of the lake, providing a perfect spot to relax and unwind after a long day. The lakeside amenities are truly exceptional, offering endless opportunities for outdoor recreation and relaxation. Residents can enjoy swimming in the crystal-clear waters. The community has so much to offer including boating, fishing, swimming, a private clubhouse that is also a bar/restaurant, a swimming pool, tennis, basketball, pickleball courts, playground area, dog park, boat and trailer storage. Cedar Creek Brewery, Winery and distillery are just minutes away. Painted Hills is a private lake community just 6 miles east of I-69.

Listing Agent

Aniko Daniels

The Modglin Group License #RB14039251 Listed on: 07/13/2025

Co-Listing Agent

Stacey Stone

The Modglin Group License #RB16001077

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 2011

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Mature Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Paddle Fans
  • Storage
  • Sauna
  • Luxury Vinyl Plank Tile Flooring
  • Lake Views
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Laundry in Basement
  • Basement Storage

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Water Access
  • Lake Privileges
  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 1165
  • Assessor Parcel Number 551418218002000012

Community Details

Overview

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

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,334

Year Built

Built in 2011

Lot Details

0

HOA Fees

$79 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level, Ranch, Traditional
  • Builder Name: Lockridge Homes
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2011
  • Building Area Total: 3940
  • Garage Y N: Yes
  • Lot Size Acres: 0.34
  • On Market Date: 2025-07-13
  • Subdivision Name: Painted Hills
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Website: https://www.painted-hills.com/
  • Special Features: 4097

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Storage Space, Walk-Out Access
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, MicroHood, Electric Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned, Other
  • Levels: Multi/Split
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1920
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Breakfast Bar, Vaulted Ceiling(s), Paddle Fan, Wired for Data, Pantry, Smart Thermostat, Sauna, Storage, Walk-In Closet(s), Wet Bar
  • Living Area: 3940
  • Main Level Bedrooms: 3
  • Other Equipment: Sump Pump, Home Theater
  • Spa Features: Above Ground, Heated, Private, See Remarks
  • Spa Y N: Yes
  • Areas Interior: Bedroom Other on Main,Living Room - 2 Story,Utility Room
  • Eating Area: Dining Combo/Living Room,Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1920
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 100
  • Rooms Basement: 6

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony, Lighting, Tennis Community
  • Foundation Details: Slab
  • List Price: 699900
  • Other Structures: Outbuilding, Pool House
  • Patio And Porch Features: Covered, Deck, Wrap Around
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Lake Privileges, Marina in Community, Water Access, Water View
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Integral Garage,Keyless Entry,Other
  • Garage Sq Ft: 664

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Zoned, Forced Air
  • Laundry Features: Laundry Room, Main Level, In Basement
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Insurance, Maintenance, Park, Pickleball Court(s), Picnic Area, Playground, Pool, Security, Tennis Court(s)
  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Association Phone: 765-342-6409
  • Association YN: Yes
  • Management Company Name: Painted Hills
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Insurance, Maintenance, Nature Area, 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: Close to Clubhouse, Cul-De-Sac, Mature Trees, See Remarks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None, Other
  • Lot Size Sq Ft: 14810
  • Parcel Number: 551418218002000012
  • Acres: 1/4-1/2 Acre
  • Price Acre: 2058529

Tax Info

  • Tax Annual Amount: 3334
  • Tax Lot: 1165
  • Semi Annual Property Tax Amt: 1667
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,334 $493,200 $87,500 $405,700
2023 $2,235 $422,400 $35,000 $387,400
2022 $2,133 $379,700 $35,000 $344,700
2021 $1,624 $315,600 $23,500 $292,100
2020 $1,426 $301,200 $23,500 $277,700
2019 $1,416 $296,100 $23,500 $272,600
2018 $1,207 $267,900 $23,500 $244,400
2017 $1,114 $244,500 $23,500 $221,000
2016 $1,149 $246,800 $23,500 $223,300
2014 $691 $198,800 $23,500 $175,300
2013 $691 $196,300 $19,200 $177,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $699,900 -3.5% $178 / Sq Ft
07/13/2025 07/13/25 For Sale $724,999 -- $184 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,027 FHA
Closed $200,651 FHA
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048891

MIBOR Broker Listing Cooperative®

APN: 55-14-18-218-002.000-012