- Overview
- Description
- Property Details
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- HOA Management
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Street View
$750,000
Monthly Est:$3,733
2 Beds
- 2 Baths
1 full bath + 1 half bath
1,056sqft
4078 E Rembrandt Dr, Martinsville, IN 46151
$750,000
$3,733/moEst:
Get Pre-Approved
Single Family Residence
Built in 1978
$100/mo HOA
3.26 acres lot
$710/sq.ft
Description
Rarely does an opportunity like this come to market. This unique 3.25-acre BUIDABLE and wooded retreat featuring LAKEFRONT ACCESS WITH 267 FEET OF SHORELINE on Painted Hills Lake offers the perfect blend of move-in-ready comfort and future potential. The property features a fully renovated two-bedroom home boasting new LVP flooring, a new deck, a modern sound system, and updated roof and mechanicals. For the craftsman or car enthusiast, the brand-new three-car carriage house is a standout. It includes a mechanic's pit, one 8-foot garage door, two 6-foot doors, a spacious unfinished upper level ideal for a game room or studio, and a second storage garage.With ample space to build your custom dream home. It has already undergone soil testing (Level 2) and has an additional septic permit is in progress; offers are welcome to be written with a contingency on its approval. Enjoy waterfront living with your own private floating dock on a lake that permits speedboats. While lake levels are currently lowered for routine dam maintenance, they are scheduled to return to normal by spring. Utilities include city water, propane, and septic, all supported by an active and affordable $1,200/year HOA. This is an exceptional chance to secure a versatile property in a sought-after community with excellent Highway 69 access.
- Houzeo last checked: 29 minutes ago
- Listing updated: October 13, 2026 at 10:15 pm
- Listing Provided by: Jenni Bliss McMillion (317) 869-5962 | @properties (317) 489-3441
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22131026

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1978
HOA Fees
$100/mo
Finished Area
1,056 sqft
Lot Size
3.26 acres lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22131026
MLS Status
Active
Days on Market
15
Cumulative Days on Market
1

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Location
HOA Management
N/A
HOA Fees
$1,200/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Tennis
Pool
Club House
Park Playground
Snow Removal
Beach
boat
ParkPlayground
Picnic Area
Management
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Master Bedroom
Level: Main
Area: 132.00 Square Feet
Dimensions: 12x11
Bedroom 2
Level: Main
Area: 99.00 Square Feet
Dimensions: 11x9
Living Room
Level: Main
Area: 285.00 Square Feet
Dimensions: 19x15
Sitting Room
Level: Main
Area: 110.00 Square Feet
Dimensions: 11x10
Kitchen
Level: Main
Area: 171.00 Square Feet
Dimensions: 19x9
Interior
Exterior Features
Storage Shed, Tennis Community
Appliances
Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Range Hood, Refrigerator, Washer, Water Heater, Water Softener Owned
Window Features
Vinyl Windows
Interior Features
Attic Access, Breakfast Bar, Vaulted Ceiling(s), Paddle Fan, Wired For Sound
Heating
Forced Air, Propane
Cooling
Central Air
Construction
Year Built
Year Built: 1978
Home type
Single Family Residence
Foundation Details
Block
Construction Materials
Wood Siding
Architectural Style
Ranch
Utilities & Energy
Parking Features
Detached, Gravel, Garage Door Opener, Storage, Workshop In Garage
Fireplace Features
Living Room, Masonry, Wood Burning
Electric
100 Amp Service
Laundry Features
Other
Water Source
Public
Association Amenities
Beach Access, Boating, Clubhouse, Management, Park, Picnic Area, Playground, Pool, Snow Removal, Tennis Court(s)
Other Features
Subdivision Name
Painted Hills
Patio And Porch Features
Deck, Patio
Lot Features
Irregular Lot, Mature Trees, Wooded
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Listed for Sale | $750,000 +715.22% $710/sqft |
08/29/2008 Source: | Sold | $92,000 $87/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 28, 2026, 06:45AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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