
Residential Land for Sale in Martinsville, Indiana
Rembrandt Dr, Martinsville, IN 46151
Own the Lifestyle & Leave the Maintenance Behind. Imagine ending your work week knowing that your weekend retreat is waiting. No lawn to mow. No house to maintain. No endless to-do list. Just pack a cooler, grab your friends & family, and head to southern Indiana's premier private lake community. This membership-only lot offers an opportunity to become part of the exclusive Painted Hills community while enjoying the freedom of maintenance-free ownership. This lot is not currently buildable, making it an ideal choice for buyers who want all the benefits of membership without the responsibilities of owning a home. Annual dues of only $713 for an unimproved lot, due each May 1, provide access to an incredible collection of private amenities, including the 150-acre Lake Holiday, 46-acre Lake Nebo, private beach, swimming pool, clubhouse, members-only restaurant & bar, pickleball, tennis, basketball, volleyball, playground, dog park, kayak launch, fishing docks, swimming docks, & year-round community events. Spend your summers boating, skiing, fishing, paddleboarding, watching sunsets over the water, & gathering with neighbors for holiday celebrations, concerts, & community events. Take your ATV to the clubhouse, enjoy dinner with friends, or venture into Downtown Martinsville & nearby Cedar Creek for live music, restaurants, a winery, brewery & distillery. Located 30 minutes from downtown Indianapolis, Bloomington & Indy's International Airport, Painted Hills offers the perfect vacation close to home without the long drive. Offered below other membership lots, this is an exceptional opportunity to secure access to one of Indiana's most sought-after private lake communities. Whether you're searching for an affordable lake lifestyle, a weekend escape, or a long-term investment, opportunities like this are becoming increasingly difficult to find. Come see why so many choose Painted Hills as their favorite place to unplug, reconnect, & create memories that last a lifetime.
Location
- Street address
- Rembrandt Dr
- County
- Morgan County
- Zip code
- 46151
- Community
- Painted Hills
- School district
- Nineveh-Hensley-Jackson United
- Elevation
- 820 feet
Property details
- Lot size
- 0.5 acres21,780 sq ft
- Zoning
- Residential
- MLS #
- MIBOR 22082300
- Posted
Expenses
- Homeowner Association Fee
- $713 annually
Parcels
- 551418442001000012
Legal description
Lot 885 Painted Hills Subdivision 8Th.
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Lot
- Features
- Mature Trees, Rural-Subdivision
Structure
- Sewer
- Septic Needed
Nearby schools
| Name | Type | District |
|---|---|---|
| Indian Creek Elementary School | Elementary | Nineveh-Hensley-Jackson United |
| Indian Creek Middle School | Middle | Nineveh-Hensley-Jackson United |
| Indian Creek SR High School | High | Nineveh-Hensley-Jackson United |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 3, 2026 | New listing | $8,000 | — | MIBOR |






















