Some land gives you a place to build. This gives you a whole new way to live. Tucked beneath the trees of Painted Hills, these 2 buildable wooded lots offer the rare opportunity to create a custom home in one of Morgan County's most loved private lake communities. Here, you aren't simply buying vacant land. You're choosing the setting for slow mornings, summer nights on the water, sunset boat rides & weekends that feel like you left town without ever leaving your neighborhood. Design the home you've been waiting for, surrounded by mature woods with the Painted Hills lifestyle just beyond your future front door. The property is capable of supporting a 4+ bedroom home with final building plans required before permits can be issued. For buyers searching for buildable land in Martinsville, Indiana, a wooded custom home site or vacant residential land near Indianapolis, opportunities inside Painted Hills are increasingly difficult to find. Once you live here, the lake becomes part of everyday life. Spend summer afternoons boating & skiing on 150 acre Lake Holiday, fish or kayak across 46 acre Lake Nebo, meet friends at the private beach or pool, then take the ATV to dinner at the clubhouse. Pickleball, tennis, basketball, volleyball, playgrounds, dog park, fishing & swim docks, kayak access & year-round community events are all part of calling Painted Hills home. Nothing quite compares to watching the community's private 4th of July fireworks light up the lake from the water or the live music. When you're ready to venture out, Downtown Martinsville's growing collection of restaurants & local businesses + Cedar Creek's concerts & entertainment are close by, while Indianapolis, Bloomington & Indianapolis International Airport are approximately 30 minutes away. Build your custom home. Keep your privacy. Live by the lakes. If you've been waiting for undeveloped land where your new construction dream comes with more than an address, these 2 Painted Hills lots are perfect!
Active
$60,000
0 E Ridge Rd, Martinsville, IN 46151
--beds
--baths
0.44Acres
Unimproved Land, Residential Lots
Built in ----
0.44 Acres Lot
$-- Zestimate®
$--/sqft
$59/mo HOA
What's special
Surrounded by mature woodsBuildable wooded lots
- 11 hours
- 31
- 2
Zillow last checked:
Listing updated:
Listed by:
Danielle Stiles 317-270-0634,
The Modglin Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22002678
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Forest, Lake, Rural, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
Lot
- Size: 0.44 Acres
- Features: Rural - Subdivision, Street Lights, Mature Trees, Wooded, Other, Dock Access, Platted Subdivision, Rural In Subdivsion, Water Acces, Water View
- Topography: Hilly,Wooded
Details
- Additional parcels included: Lot 89C Painted Hills Subdivision 1st Sec
- Parcel number: 551407295007000012
- Zoning: Residential
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: Private, Municipal Water Near By
Community & HOA
Community
- Subdivision: Painted Hills
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Beach Access, Beach Rights, Billiard Room, Boat Dock, Boat Slip, Boating, Cable TV, Clubhouse, Dog Park, Maintenance, Management, Park, Party Room, Picnic Area, Playground, Pool, Powered Boats Allowed, RV/Boat Storage, Recreation Facilities, Recreation Room, Security, Sport Court, Storage, Tennis Court(s), Water, Other
- Services included: Clubhouse, Entrance Private, Maintenance, ParkPlayground, Security, Tennis Court(s), Other
- HOA fee: $713 annually
- HOA phone: 765-342-6409
Location
- Region: Martinsville
Financial & listing details
- Annual tax amount: $234
- Date on market: 9/11/2026
- Cumulative days on market: 2 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $60,000+757.1% |
Source: | ||
| 3/6/2024 | Sold | $7,000 |
Source: | ||
| 3/1/2024 | Pending sale | $7,000 |
Source: | ||
| 2/22/2024 | Listed for sale | $7,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 46151
Nearby schools
Schools provided by the listing agent
- Elementary: Indian Creek Elementary School
- Middle: Indian Creek Middle School
- High: Indian Creek Sr High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



