5855 Paradise Drive, Martinsville, IN 46151

$425,000 Asking Price

3 beds
2 baths
1,724  sqft
Built in 1972

Welcome to a Paradise Lake Retreat! Escape to your own private oasis on this exclusive peninsula nestled on Paradise Lake in Martinsville. This exquisite property boasts 1.05 acres of pristine land, offering unparalleled tranquility and breathtaking views. Key Features: 3 Bedrooms + 2 Full Bathrooms + 612 Feet of Lake Frontage + Large Dock Discover a beautifully New Interior and Exterior Paint + Garage Floor Covering + Recently Remodeled Bathroom + Cozy Fireplace + Spacious Living Areas + Covered walkout basement patio. Enjoy the serenity of Paradise Lake, an electric motor-only lake, where the sounds of nature abound and the hustle of everyday life fades away. Whether you're fishing off the dock, kayaking on the crystal-clear waters, or simply unwinding on the shore, this property offers endless opportunities for relaxation and recreation. This home is the epitome of lakefront living, with a cozy living area perfect for entertaining guests. Recent updates include a new furnace and water heater, ensuring comfort and efficiency year-round. This lot is arguably the best on the lake. Dont miss your chance.


Features & Amenities

Interior

General:
Attic Access
Appliances:
Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Oven, Refrigerator, Water Softener Owned
Laundry:
In Basement
Basement:
Egress Window(s), Finished, Finished Ceiling, Finished Walls, Walk Out
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Family Room, Woodburning Fireplce, Fireplaces: 1

Exterior

General:
Barn Mini, Out Building With Utilities
Style:
TraditonalAmerican
Other Structures:
Covered Patio, Porch Open
Parking:
Attached, Gravel, Garage Door Opener, Guest Parking

Construction

General:
Two, Block

Location

HOA Amenities:
Association Home Owners, Insurance, Maintenance, 250.0, Annually
Originating MLS:
mibor
School District:
MSD Martinsville Schools
County:
Morgan

Lot

Zoning:
Lot 10 Blk B Paradise Lake, 551001138002000009
View:
Lake, Trees/Woods, View

Utilities

Utilities:
Electricity Connected, Septic System, Water Connected, 200+ Amp Service
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3.0 %

This listing courtesy of:
Berkshire Hathaway Home, Angela Oakes

About Martinsville, IN

Housing

Number of Units
13,323
Median Home Value
$175,295
Median Rent
$594

22.49% of housing units are renter occupied.

6.33% are vacant.

Commute

Car
76.49%
Public Transportation
0.23%
Walk to Work
0.97%
Work from Home
21.63%
Other
0.30%

The median travel time to work is 26 minutes.

People

Population
32,313
Median Age
41.30
Median Household Size
2.67

Education

High School
38.64%
Associate’s Degree
9.30%
Bachelor’s Degree
10.81%
Graduate Degree
7.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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