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Price Drop: $10.1K (09/16)
Street View
$499,900
Monthly Est:$2,488
3 Beds
2 Baths2 full baths
2,644sqft
5739 Paradise Dr, Martinsville, IN 46151
$499,900
$2,488/moEst:
Get Pre-Approved
Single Family Residence
Built in 1964
$40/mo HOA
20,996 sqft lot
$189/sq.ft
Description
Seller is offering concessions to reduce current interest rate to 4.25 - 5.25% to make this property even MORE AFFORDABLE! Location, Location, Location - Welcome home to this charming Cape Cod-style LAKEFRONT retreat, offering 3 bedrooms, 2 full bathrooms, and 2,644 square feet on nearly 1 ACRE in highly sought-after Paradise Lake neighborhood! Situated on a spacious corner lot consisting of three parcels, this property offers the rare combination of space, water access, privacy, and convenience. Enjoy peaceful lake views all while being centrally located between surrounding cities and everyday amenities. This home has undergone an extensive list of recent improvements, m...
Continue Reading- Houzeo last checked: 6 minutes ago
- Listing updated: September 23, 2026 at 10:15 pm
- Listing Provided by: Sydney Wolfe , Lindsey Smalling | Highgarden Real Estate (317) 205-4320
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22126333
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1964
HOA Fees
$40/mo
Finished Area
2,644 sqft
Lot Size
20,996 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22126333
MLS Status
Active
Days on Market
7
Cumulative Days on Market
8
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HOA Management
N/A
HOA Fees
$480/ Annually
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: 3
Bathrooms: 2
Living Room
Level: Main
Area: 520.00 Square Feet
Dimensions: 40 x 13
Bedroom 2
Level: Main
Area: 132.00 Square Feet
Dimensions: 12 x 11
Kitchen
Level: Main
Area: 90.00 Square Feet
Dimensions: 9 x 10
Loft
Level: Upper
Area: 176.00 Square Feet
Dimensions: 16 x 11
Master Bedroom
Level: Upper
Area: 504.00 Square Feet
Dimensions: 18 x 28
Bedroom 3
Level: Upper
Area: 513.00 Square Feet
Dimensions: 27 x 19
Dining Room
Level: Main
Area: 90.00 Square Feet
Dimensions: 9 x 10
Interior
Heating
Natural Gas
Exterior Features
Balcony, Barn Mini, Storage, Gutter Guards, Fire Pit, Storage Shed
Appliances
Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Micro Hood, Microwave, Electric Oven, Refrigerator, Washer
Cooling
Central Air
Window Features
Skylight(s)
Interior Features
Walk In Closet(s)
Construction
Year Built
Year Built: 1964
Home type
Single Family Residence
Architectural Style
Cape Cod
Construction Materials
Wood Siding, Stone
Property Condition
Updated/remodeled
Foundation Details
Crawl Space
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Septic System, Water Connected
Water Source
Public
Parking Features
Attached
Fireplace Features
Electric, Insert
Other Features
Subdivision Name
Paradise Lake
Lot Features
Corner Lot, Mature Trees, Wooded, See Remarks, Other
Patio And Porch Features
Covered, Deck
Price History
| Date | Event | Price |
|---|---|---|
09/21/2026 Source: | Price Decreased | $499,900 -1.98% $189/sqft |
09/20/2026 Source: | Price Decreased | $510,000 -1.90% $193/sqft |
09/18/2026 Source: | Price Decreased | $519,900 -0.97% $197/sqft |
09/16/2026 Source: | Listed for Sale | $525,000 $199/sqft |
09/16/2026 Source: | Price Increased | $525,000 +17.45% $199/sqft |
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Based on information from MIBOR REALTOR® Association through Sep 23, 2026, 11:01PM. 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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