Wooded Membership Lake
For Sale
Contact for pricing
Cherry Court, Martinsville, IN 46151
Land, Martinsville, IN
Property SizeContact for details
Lot Size0.50 Acres
Days on Market69
Property Features for Cherry Court
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Painted Hills
Lot features
Cul-De-Sac, Irregular Lot, Rural - Subdivision, Mature Trees, Wooded
View
Forest
Elementary school
Indian Creek Elementary School
Middle school
Indian Creek Middle School
High school
Indian Creek Sr High School
Elementary school district
Nineveh-Hensley-Jackson United
Middle school district
Nineveh-Hensley-Jackson United
High school district
Nineveh-Hensley-Jackson United
Directions
GPS Friendly
Standard status
Active
APN
551418480002000012
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 1120 Painted Hills Subdivision 8th
HOA Fee
$713 Annually
Legal Description
Lot 1120 Painted Hills Subdivision 8th
Utilities
Sewer type
Septic Needed
Listing Agency:
The Modglin Group
(317) 865-9400
Listed By:
Danielle Stiles · License #RB18000499
(317) 900-6015
Added: Jul 1
Changed: Aug 28
Last Checked: Sep 7 at 3:06PM
MLS# 22111371
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Offered for sale is a wooded membership lot within the Painted Hills Lake Community, located on Cherry Court. The property is a membership-only lot and is not currently considered a buildable homesite. Ownership is structured to provide access to community amenities with minimal maintenance requirements.
Painted Hills provides private lake and recreation amenities, including two lakes totaling 196 acres, a private beach, swimming pool, clubhouse, and members-only restaurant and bar. Additional on-site recreation includes pickleball, tennis, basketball, volleyball, kayak launch, fishing docks, and swimming docks, along with year-round community events.
This lot sits within the private Painted Hills membership community and any future development or building rights would be subject to applicable approvals, regulations, and independent buyer due diligence.
Painted Hills provides private lake and recreation amenities, including two lakes totaling 196 acres, a private beach, swimming pool, clubhouse, and members-only restaurant and bar. Additional on-site recreation includes pickleball, tennis, basketball, volleyball, kayak launch, fishing docks, and swimming docks, along with year-round community events.
This lot sits within the private Painted Hills membership community and any future development or building rights would be subject to applicable approvals, regulations, and independent buyer due diligence.
Key Highlights
- Wooded membership lot on Cherry Court in the Painted Hills Lake Community
- Membership‑only lot; not currently considered a buildable homesite (septic needed)
- Access to 150‑acre Lake Holiday and 46‑acre Lake Nebo, plus private beach and swimming
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 46151, IN
32,335
Population
13,366
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
203.6 sq mi
ZIP Area
159
Density / Sq Mi
$77,724
Median Household Income
$45,426
Median Earnings
$978
Median Rent
$219,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Wooded membership lot in a private lake community on Cherry Court, currently not considered buildable.
Where is this residential land & home lot located?
The property is located at Cherry Court Martinsville, IN.
What are key features of this property?
This property features: Wooded membership lot on Cherry Court in the Painted Hills Lake Community; Membership‑only lot; not currently considered a buildable homesite (septic needed); Access to 150‑acre Lake Holiday and 46‑acre Lake Nebo, plus private beach and swimming
