Lakefront Living at Its Finest! Wake up to breathtaking water views and the peaceful sounds of nature at this charming lakefront retreat! This 2-bedroom, 2-bathroom home is designed for both relaxation and entertaining, offering an unbeatable opportunity to live the lake life year-round. Step inside to an open and airy great room, where a cozy fireplace invites you to unwind after a day on the water. The connected dining area makes hosting effortless, and the charming pass-through window from the kitchen adds character while keeping conversations flowing. The updated main bathroom boasts dual sinks and a spacious walk-in shower, creating a spa-like feel. Downstairs, the partially finished walk-out basement provides endless possibilities! With a wood-burning stove, a full bath, ample storage, and potential for additional finished space, it's ready to be transformed to fit your needs. But the real magic begins outside-step onto the open patio, perfect for lakeside gatherings, and take in the view. A brand-new dock invites you to swim, cast a fishing line, or launch your kayak for a peaceful morning paddle. Why take a vacation when you can live it every day? Don't miss your chance to own this lakefront paradise!
Active
Price cut: $8K (4/18)
$347,000
5850 Paradise Ln, Martinsville, IN 46151
2beds
2,316sqft
Est.:
Residential, Single Family Residence
Built in 1967
8,276.4 Square Feet Lot
$-- Zestimate®
$150/sqft
$43/mo HOA
What's special
Partially finished walk-out basementUpdated main bathroomCozy fireplaceOpen patioBrand-new dockConnected dining areaBreathtaking water views
- 43 days
- on Zillow |
- 442 |
- 10 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 06:23am
Listing Provided by:
Michelle Chandler homes@michellechandler.com,
Keller Williams Indy Metro S,
Bryan Williams,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22026527

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13 x 13
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12 x 9
Dining room
- Features: Carpet
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14 x 9
Great room
- Features: Carpet
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16 x16
Kitchen
- Features: Vinyl
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11 x 7
Play room
- Features: Tile-Ceramic
- Level: Basement
- Area: 441 Square Feet
- Dimensions: 21 x 21
Utility room
- Features: Other
- Level: Basement
- Area: 357 Square Feet
- Dimensions: 21 x 17
Heating
- Forced Air
Appliances
- Included: Electric Cooktop, Dryer, Electric Water Heater, Oven, Range Hood, Refrigerator, Washer
- Laundry: Connections All, In Basement
Features
- Attic Access, Double Vanity, High Speed Internet, Supplemental Storage
- Windows: Screens, Windows Vinyl, Wood Work Painted
- Basement: Daylight,Exterior Entry,Full,Interior Entry,Storage Space,Walk-Out Access
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Basement, Gas Log, Living Room, Masonry, Wood Burning
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
- Finished area below ground: 868
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Details: Garage Parking Other(Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Has view: Yes
- View description: Lake, Neighborhood, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Dock, Lake Privileges, Pond, Water Access, Water View, Waterfront
Lot
- Size: 8,276.4 Square Feet
- Features: Rural - Subdivision, Mature Trees
Details
- Additional structures: Barn Mini
- Parcel number: 551001185010000009
- Special conditions: As Is,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Paradise Lake
HOA
- Has HOA: Yes
- Amenities included: Pond Year Round
- Services included: Association Home Owners, Entrance Common, Insurance, Maintenance
- HOA fee: $515 annually
Location
- Region: Martinsville
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $232,900
- Annual tax amount: $1,064
- Date on market: 3/14/2025
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