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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 $349,900 ($126 per sqft). Built in 1971, the home offers 2,768 sqft of living space on a 1.45 acres lot.
Tucked among mature trees on a private 1.45-acre lot, this distinctive A-frame offers character, space, and flexibility inside the sought-after Painted Hills lake community. Vaulted ceilings and a dramatic two-story great room create an open, light-filled gathering space, while the main-level primary suite adds everyday convenience.
The finished walk-out basement provides additional living space with flexible rooms perfect for guests, hobbies, or a home office--ideal for remote work or hosting weekend visitors. The standout feature is the massive detached 4-car garage/workshop—perfect for car enthusiasts, boat storage, woodworking, creative projects, or extra recreational gear.
Step outside to your wraparound porch and enjoy peaceful wooded views on 1.45 private acres. Located inside Painted Hills, residents enjoy private lake access, boat docks, pool, tennis and pickleball courts, clubhouse, dog park, playground, and more. Whether you’re looking for a full-time residence, a lake community escape from Indianapolis, or a weekend home to recharge and unwind, this unique A-frame offers space, privacy, and opportunity to make it your own.
Key Features
- Built in 1971
- 1.45 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,871/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 $349,900 ($126/sqft). The estimated monthly payment is $1,516 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.








