
Residential Land for Sale in Martinsville, Indiana
Ridge E Rd, Martinsville, IN 46151
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!
Location
- Street address
- Ridge E Rd
- County
- Morgan County
- Zip code
- 46151
- Community
- Painted Hills
- School district
- Nineveh-Hensley-Jackson United
- Elevation
- 788 feet
Property details
- Lot size
- 0.71 acres30,928 sq ft
- Zoning
- Residential
- MLS #
- MIBOR 22002678
- Posted
Property taxes
- 2023
- $234
Expenses
- Homeowner Association Fee
- $713 annually
Parcels
- 551407295007000012
Legal description
Lot 88C & 89C Painted Hills Subdivision 1st Sec.
Details and features
Listing
- Type
- Land
- Zoning
- Single Family
Lot
- View
- Forest, Lake
- Features
- Mature Trees, Multiple, Rural-Subdivision, Street Lights, Undeveloped, Wooded
Structure
- Water
- Private
- 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 |
|---|---|---|---|---|
| Sept 11, 2026 | New listing | $60,000 | — | MIBOR |






















