For sale

$60,000

Est. $438/mo

Land

•

0.44

acre (lot)

0 Ridge East Rd, Martinsville, IN 46151

About this home

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!

Vacant landProperty Type

0.44 acresLot Size

$136,364Price/Acres

$59/moHOA Dues

Listed by Danielle Stiles • The Modglin Group

Listing updated: Sep 16, 2026 at 12:39pm

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22002678

Payment calculator

$438 per month

Principal and interest$332

Property taxes

HOA dues

Home insurance

Utilities

Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (5)

$287,000
4 beds2 baths1,690 sq ft
100 Cramer Pl, Martinsville, IN 46151
0.5 acre lot • 2 garage spots • Built 1980
OPEN SUN, 12PM TO 2PM3D WALKTHROUGH
$509,900
4 beds3.5 baths3,665 sq ft
4668 E Leeward Cv, Martinsville, IN 46151
0.41 acre lot • Garage • Community pool
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$299,999
4 beds3 baths3,630 sq ft
459 W Morgan St, Martinsville, IN 46151
9,235 sq ft lot • 2 garage spots • Built 1910
OPEN SUN, 1PM TO 3PM
$595,000
3 beds2.5 baths2,439 sq ft
2640 E Morgan St, Martinsville, IN 46151
0.97 acre lot • 2 garage spots • Built 2026
OPEN SUN, 2PM TO 4PM
$295,000
3 beds2 baths1,616 sq ft
670 Duo Dr, Martinsville, IN 46151
0.31 acre lot • Built 1970 • Listed 7 days

Around this home

Schools

K - 12
Preschool & daycare

Indian Creek Elementary School

Public PreK-2 • Assigned • 9.9mi

Indian Creek Middle School

Public 6-8 • Assigned • 10.0mi

9/10

Indian Creek Senior High School

Public 9-12 • Assigned • 9.9mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Has view

Sale and tax history for 0 Ridge East Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22002678

Sep 11, 2026

Listed

$60,000

MIBOR as Distributed by MLS Grid #21964731

Mar 6, 2024

Sold

$7,000

Mar 1, 2024

Pending

—

Feb 20, 2024

Listed

$7,000

Lot 101 offers an unparalleled opportunity to be a part of this exclusive lakeside haven, Painted Hills. Located less than 30 Minutes from Bloomington & Indianapolis, this Private Lake Community offers 2 Fully Stocked Lakes exclusively for Members Only. The 140 Acre Lake Holiday is perfect for Water Skiing or a weekend spent floating on your gas powered pontoon boat. Lake Nebo is a stunning 46 Acre Lake perfect for Kayaks & Paddleboarding and offering the most incredible sunsets! With Fishing Tournaments, a Playground, Dog Park, Pool, Tennis, Basketball, Volleyball, Pickleball, & a Private Beach, there is so much to enjoy at the Painted Hills Clubhouse. With year round Community Events such as the Private 4th of July Fireworks, Breakfast with Santa, Easter Egg Hunt, Summer BBQ Parties, Trunk or Treating in the Fall & an epic New Years Bash, there is always something to do in Painted Hills. With frequent live music hosted in the Members Only Restaurant & Bar, the Painted Pub, your neighbors will become your new best friends! Cedar Creek, Indiana's only Winery, Distillery & Brewery in one location is right across the street from Painted Hills. Offering even more live music year round, a Cigar Bar, Boutique & Additional Restaurant, there is never a shortage of things to enjoy right here in Martinsville. This wooded lot could possibly be developed with an approved Septic System. Utilities are @ the Street with REMC Fiber & Municipal Water. HOA Requires 1,500+ sq ft home with 2 car attached garage. Annual Dues are $713/year & 2023 taxes were $116.49/half. With dues & taxes under $1,000/year, this no maintenance lot is the perfect investment for your recreational use of the Painted Hills Member only amenities. HOA issued docks available with sizeable waiting list. Members will need to launch & load their watercrafts without a local dock. Local Boat & RV Storage is available. No Temporary Structures are Permitted such as Tents/Campers. Mobile & Modular Homes are Prohibited

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

115 ft.

Lot depth

189 ft.

Lot size

0.5 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Morgan County

APN

55-14-07-295-007.000-012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

Medium-Density Residential District

The Medium-Density Residential District is intended to provide for neighborhood development that is compatible with existing patterns of development of adjacent properties. This district allows for a variety of housing densities and lot sizes including single-family attached and detached and two-family dwellings, as well as non-residential services that are necessary to serve local residents. All new development shall be supported by public services and transportation connectivity when possible, and should be in close proximity to community facilities such as schools, parks, shopping areas, etc; All subdivisions require Subdivision approval unless exempt See Chapter 5.B.5: Exempt Subdivisions; All new primary structures for non-residential uses require Development Plan approval; All development may be subject to Drainage Board approval; Only one primary use or primary structure/dwelling unit per lot is permitted in this district.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Office
Educational/school
Library
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Martinsville, IN • 46151

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 0 Ridge East Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $77,600 and $450,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $78K to $450K.

SOLD MAY 5, 2026
$89,500 Last sold price
Land— sq ft
0 Dynasty Ridge Rd, Martinsville, IN 46151
larger lot
SOLD JUL 31, 2026
$375,000 Last sold price
4 beds2 baths1,822 sq ft
4231 E Lakeview Dr, Martinsville, IN 46151
larger lot
SOLD JUL 23, 2026
$450,000 Last sold price
3 beds2 baths2,647 sq ft
3717 E Edgewood Rd, Martinsville, IN 46151
larger lot
SOLD SEP 18, 2026
$120,000 Last sold price
Land— sq ft
0 Timber Creek Trl, Martinsville, IN 46151
larger lot
SOLD SEP 14, 2026
$300,000 Last sold price
3 beds2 baths2,184 sq ft
3731 E Rembrandt Dr, Martinsville, IN 46151
larger lot
SOLD JUN 3, 2026
$77,600 Last sold price
Land— sq ft
2029 S Austin Ct, Martinsville, IN 46151
larger lot

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

$245,000

3 beds2 baths1,531 sq ft

11017 La Fortuna Way, Roanoke, IN 46783

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New listings for sale in 46151

NEW 5 HRS AGO

$319,000

3 beds1.5 baths1,500 sq ft

3145 N Maple Turn Ln, Martinsville, IN 46151

Huge 1.8 acre lot • Pool • Formal living room

NEW 7 HRS AGO

$559,000

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2960 Country Club Ct, Martinsville, IN 46151

Quiet cul-de-sac • Mature trees • Updated kitchen

NEW 16 HRS AGO3D WALKTHROUGH

$275,000

3 beds1.5 baths2,146 sq ft

450 Shore Ave, Martinsville, IN 46151

Ranch style home • Private yard • Covered deck

NEW 25 HRS AGO

$259,000

3 beds2 baths1,145 sq ft

1610 Josephine St, Martinsville, IN 46151

6,186 sq ft lot • Garage • Built 1954

$274,900

3 beds1 bath1,184 sq ft

5819 Old Morgantown Rd, Martinsville, IN 46151

Lake view • Attached garage • Fireplace

OPEN SUN, 1PM TO 3PM3D WALKTHROUGH

$299,999

4 beds3 baths3,630 sq ft

459 W Morgan St, Martinsville, IN 46151

Covered front porch • 10-foot ceilings • Spacious family room

$284,900

4 beds2.5 baths1,984 sq ft

1302 Tomahawk Pl, Martinsville, IN 46151

Granite countertops • Versatile loft • Back deck

$249,000

4 beds2 baths1,552 sq ft

1320-1330 S Marion St, Martinsville, IN 46151

Generous lot • Ample outdoor space • Thoughtful layout

$315,000

2 beds2 baths3,425 sq ft

5395 State Road 39, Martinsville, IN 46151

Over 6 acres • Spacious kitchen • Abundant cabinetry

Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (5)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 0 Ridge East Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 0 Ridge East Rd

Early Access listings

Nearby similar homes

New listings for sale in 46151

More real estate resources