5739 Paradise Drive, Martinsville, IN 46151

$499,900

  • Open House Sun. Sep 27; 12:00 PM - 02:00 PM
  • New Listing
  • Coming Soon
  • Price Reduced$10,100
  • Sold
  • Leased
  • Virtual Tour
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  • 3 BedroomBeds
  • 2 BathroomBaths
  • 2,644Sqft
  • 0Acres
  • Single FamilyType
  • ActiveStatus
  • 22126333MLS#
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Property Description

Seller is offering concessions to reduce current interest rate to 4.25 - 5.25% to make this property even MORE AFFORDABLE! Location, Location, Location - Welcome home to this charming Cape Cod-style LAKEFRONT retreat, offering 3 bedrooms, 2 full bathrooms, and 2,644 square feet on nearly 1 ACRE in highly sought-after Paradise Lake neighborhood! Situated on a spacious corner lot consisting of three parcels, this property offers the rare combination of space, water access, privacy, and convenience. Enjoy peaceful lake views all while being centrally located between surrounding cities and everyday amenities. This home has undergone an extensive list of recent improvements, making it truly move-in ready. Major 2025-2026 updates include a NEW ROOF, NEW GUTTERS and gutter guards, NEW SEPTIC SYSTEM, NEW WATER HEATER, new waterproof laminate hardwood flooring, fresh interior and exterior paint, and much more throughout. As you step inside through your covered front porch, you'll find a warm and inviting floor plan enhanced by a built-in electric fireplace and entertainment center in your living room. The main level flows seamlessly into the galley-style kitchen, where picturesque water views create a beautiful backdrop and provide easy access to the private back deck-perfect for relaxing and taking in the lakefront setting. Also on the main level is a generously sized bedroom and an updated full bath featuring a luxurious walk-in shower. Upstairs, a versatile loft area offers additional space along with ample storage closets. A generously sized bedroom offers flexibility for family, guests, or a home office, while the EXPANSIVE PRIMARY SUITE feels like a private retreat, complete with a walk-in closet, updated full bath, and its own PRIVATE BALCONY overlooking the property. With lakefront living, a PRIVATE DOCK, nearly an acre, three parcels, 2,644 square feet, and substantial recent updates, this home offers a unique opportunity in a desirable setting


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Property Details 5739 Paradise Drive, Martinsville, IN 46151

Facts & Features

  • MLS #: 22126333
  • Status: Active
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1964
  • Style: Cape Cod
  • Price: $499,900
  • Acres: 0.91
  • Area: 5510 - Morgan - Green
  • County: Morgan
  • Subdivision: Paradise Lake
  • Bedrooms: 3
  • Bathrooms: 2
  • Full Baths: 2
  • Total SqFt: 2,644

Amenities

  • # of Garages: 2
  • View: Lake, Trees/Woods, Water
  • Waterfront: Yes
  • Waterfront Type: Boat Slip, Dock, Lake Privileges, Lake Front, Water Access, Water View, Waterfront
  • Pet Friendly: Yes

Interior

  • Interior Features: Walk-In Closet(s)
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
  • Utilities: Electricity Connected, Natural Gas Connected, Septic System, Water Connected
  • Heating: Natural Gas
  • Cooling: Central Air
  • Fireplaces Total: 1

Exterior

  • Exterior Features: Balcony, Barn Mini, Storage, Gutter Guards, Fire Pit, Storage Shed
  • Construction: Wood Siding, Stone

Schools

  • School District: MSD Martinsville Schools
  • Elementary: Green Township Elementary School
  • Middle: John R. Wooden Middle School
  • High: Martinsville High School

Additional Information

  • Date Listed: 09/16/2026
  • HOA fees: $480
  • HOA Fees Freq.: Annually

Tax Information

  • Tax: $1,330

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