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Waterfront Land with Finished Building
For Sale
$39,900

N Lower Lake Drive, Martinsville, IN 46151

Land, Martinsville, IN

Property Size180 SF
Lot Size0.26 Acres
Price / SF$221.67
Days on Market131

Property Features for N Lower Lake Drive

General Information

Property type Land
Property subtype Other
Zoning Residential
Zoning description Single Family
Subdivision Whispering Winds
Lot features Single Lot
Elementary school district Eminence Community School Corp
Middle school district Eminence Community School Corp
High school district Eminence Community School Corp
Directions I-70 West to Exit 51, County Rd 1100 W. Left on Little Point Rd. At "T" right on SR 42 to McClure Rd, turn left. 3/4 mile go right on Upper Lake Dr. Stay to the right around the lake; cabin/lot on left.
Standard status Active
APN 550328495001000001
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 48 Whispering Winds Subdivision
Tax Annual Amount 208
HOA Fee $200 Annually
Legal Description Lot 48 Whispering Winds Subdivision

Utilities

Water source Well
Listing Agency: Carpenter, REALTORS(R)
Listed By: Jackie Deppe
Added: Jun 8 Changed: Oct 8 Last Checked: Oct 16 at 6:06PM
MLS# 22106088

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.

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Investment Insights

Based on property information with market context.

This 0.26-acre waterfront parcel includes a finished 12' x 15' building with electricity and water. The property is zoned Residential, and a well is identified as its water source. Mature trees and views across the water are also noted on the site.

The property is near the I-70 Little Point exit, about 45 minutes from the west side of Indianapolis.

Key Highlights

  • 0.26‑acre waterfront parcel
  • Finished 12' x 15' building with electricity and water
  • Well identified as the property's water source

Property Analytics

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Current Use

Waterfront Land

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Waterfront Land - A finished structure with electricity and water provides an existing improvement on this residential parcel.
Where is this waterfront land located?
The property is located at N Lower Lake Drive Martinsville, IN.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: 0.26‑acre waterfront parcel; Finished 12' x 15' building with electricity and water; Well identified as the property's water source
More about this property
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