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About This Home
This 4-bedroom, 3-bathroom single family at 4523 E Parkwood Drive in Martinsville, IN is listed for $365,000 ($132 per sqft). Built in 1971, the home offers 2,768 sqft of living space on a 1.45 acres lot.
Welcome to your Private 1.45-Acre Retreat in Painted Hills! If you’ve been looking for lake communities, but refuse to settle for a cookie-cutter subdivision, this is the 'blank slate' you’ve been waiting for. Tucked on a private, wooded 1.45-acre lot, this home has been completely cleared of all belongings—offering a clean, vacant canvas for your
specific vision.Experience an elevated way of living in the sought-after Painted Hills community, where luxury amenities meet a relaxed, lakeside pace. Living here feels exclusive. You aren't just buying a home; you’re gaining exclusive access to the Painted Hills lifestyle: private boat docks, a community pool, tennis, and pickleball courts—even a dog park—amenities usually reserved for a much higher bracket.
For the hobbyist, the massive detached 4-car workshop is the crown jewel. With ample space for automotive restoration, a professional woodworking studio, or a high-end creative escape, it offers a level of utility you simply won’t find at this price point.
Getting in now means you’ll be settled in time to watch the 1.4 acres bloom into a private canopy and hit the lake just as the season peaks. Whether you're an artist seeking silence, a nature lover looking for mature trees, or a maker who needs a proper shop, the opportunity to claim this unique sanctuary is now.
Key Features
- Built in 1971
- 1.45 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4523 E Parkwood Drive
Martinsville, IN 46151-6023
Other
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 4523 E Parkwood Drive is listed at $365,000 ($132/sqft). The estimated monthly payment is $1,582 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 1.45 acre lot, Fireplace. Interior Features: Breakfast Bar, Built-in Bookcase, Ceiling-cathedral. Exterior Features: Clubhouse, Playground, Tennis Courts.
This property is listed by Ryne Shadday and can be reached at 8127277963 or rshadday@c21scheetz.com.









































