
5570 Paradise Ct Martinsville, IN 46151
Highlights
- Lake Front
- Home fronts a pond
- Mature Trees
- Water Access
- Lake Privileges
- Ranch Style House
About This Home
As of July 2025Welcome to this charming lakefront ranch on Paradise Lake, nestled on a quiet cul-de-sac and offering peaceful living with stunning waterfront views. This beautifully maintained 2-bedroom, 1-bath home features a grand foyer entry and an open, inviting layout perfect for everyday living or weekend escapes. The completely updated kitchen showcases new cabinetry, modern countertops, a stylish backsplash, and a brand-new refrigerator - plus all appliances stay. Relax in the cozy living room with a fireplace and built-in entertainment system, ideal for both quiet nights in and entertaining guests. Both bedrooms are bright and airy, providing comfortable personal spaces. The unfinished basement offers endless potential and is already plumbed for a second bathroom. Enjoy outdoor living to the fullest in the fully fenced backyard, complete with custom kayak racks, a deck that spans the entire back of the house, and your very own 16' x 24' private dock with a boat slip right on Paradise Lake. The exterior has been completely painted, and the deck has been power washed and prepped for staining, making it ready for your personal touch. This is your opportunity to live the lake life - tranquil, updated, and move-in ready!
Last Agent to Sell the Property
F.C. Tucker Company License #RB14038038 Listed on: 06/03/2025

Last Buyer's Agent
Darla Hubble
Trusted Realty Partners of Ind License #RB23001029
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $860
Year Built
- Built in 1960
Lot Details
- 0.27 Acre Lot
- Home fronts a pond
- Lake Front
- Cul-De-Sac
- Mature Trees
HOA Fees
- $38 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
- Lake
- Woods
Home Design
- Ranch Style House
- Block Foundation
- Wood Siding
- Cement Siding
Interior Spaces
- 1,116 Sq Ft Home
- Woodwork
- Cathedral Ceiling
- Paddle Fans
- Self Contained Fireplace Unit Or Insert
- Entrance Foyer
- Living Room with Fireplace
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Range Hood
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
Unfinished Basement
- Exterior Basement Entry
- Sump Pump
Outdoor Features
- Water Access
- Lake Privileges
- Fire Pit
Schools
- Green Township Elementary School
- John R. Wooden Middle School
- Bell Intermediate Academy
- Martinsville High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Electric Water Heater
Community Details
- Association fees include insurance, maintenance
- Paradise Lake Subdivision
- Property managed by Paradise Lake HOA
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 49 / A
- Assessor Parcel Number 551001192003000009
- Seller Concessions Not Offered
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Martinsville, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $276,750 | Title Services | |
Warranty Deed | -- | Denali T&E Agcy Inc | |
Interfamily Deed Transfer | -- | First American Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $181,600 | New Conventional | |
Previous Owner | $104,200 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Sold | $300,000 | -1.6% | $269 / Sq Ft |
06/06/2025 06/06/25 | Pending | -- | -- | -- |
06/03/2025 06/03/25 | For Sale | $305,000 | +10.2% | $273 / Sq Ft |
09/03/2024 09/03/24 | Sold | $276,750 | +0.6% | $248 / Sq Ft |
07/25/2024 07/25/24 | Pending | -- | -- | -- |
07/17/2024 07/17/24 | For Sale | $275,000 | +21.1% | $246 / Sq Ft |
10/29/2021 10/29/21 | Sold | $227,000 | 0.0% | $113 / Sq Ft |
10/03/2021 10/03/21 | Pending | -- | -- | -- |
09/30/2021 09/30/21 | For Sale | -- | -- | -- |
09/21/2021 09/21/21 | Off Market | $227,000 | -- | -- |
09/21/2021 09/21/21 | For Sale | -- | -- | -- |
08/03/2021 08/03/21 | Off Market | $227,000 | -- | -- |
08/03/2021 08/03/21 | Pending | -- | -- | -- |
07/29/2021 07/29/21 | For Sale | $225,000 | -- | $112 / Sq Ft |
Tax History Compared to Growth
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 | $861 | $189,300 | $69,700 | $119,600 |
2023 | $811 | $188,300 | $69,700 | $118,600 |
2022 | $721 | $179,700 | $69,700 | $110,000 |
2021 | $472 | $138,500 | $47,500 | $91,000 |
2020 | $433 | $134,800 | $47,500 | $87,300 |
2019 | $420 | $126,600 | $47,500 | $79,100 |
2018 | $318 | $110,100 | $47,500 | $62,600 |
2017 | $311 | $109,400 | $47,500 | $61,900 |
2016 | $196 | $85,600 | $23,600 | $62,000 |
2014 | $109 | $70,800 | $23,600 | $47,200 |
2013 | $109 | $70,800 | $23,600 | $47,200 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Lindsey Smalling
F.C. Tucker Company
(317) 435-5914
1,170 Total Sales
-
S
Seller Co-Listing Agent in 2025
Sydney Wolfe
F.C. Tucker Company
(765) 318-2773
37 Total Sales
-
D
Buyer's Agent in 2025
Darla Hubble
Trusted Realty Partners of Ind
-
Seller's Agent in 2024
Hilda Rives- Princell
F.C. Tucker Company
(317) 490-2113
66 Total Sales
-
Seller's Agent in 2021
Gregory Leugers
Keller Williams Indy Metro S
(317) 695-7368
199 Total Sales
-
R
Seller Co-Listing Agent in 2021
Robert Speas
Keller Williams Indy Metro S
(865) 694-5904
124 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22042590

APN: 55-10-01-192-003.000-009
- 5850 Paradise Ln
- 5654 Paradise Dr
- 0 Paradise Lake Rd Unit MBR22028606
- 8760 Big Bend Rd
- 7847 N W350 Rd N
- 7975 New Harmony Rd
- 4031 N Banta Rd
- 4550 Flake Rd
- 1001 N 750 W
- 0 Skunk Hollow Rd
- Tract 3 Skunk Hollow Rd
- Tract 4 Skunk Hollow Rd
- Tract 2 Skunk Hollow Rd
- 6585 N Waverly Park Rd
- 7300 N Banta Rd
- 5475 Lincoln Rd
- 00D Waverly Rd
- 8000 New Harmony Rd
- 7892 N Whiteland Ln
- 4360 Williams Rd