Membership Waterfront
For Sale
Contact for pricing
Rembrandt Drive, Martinsville, IN 46151
Land, Martinsville, IN
Property SizeContact for details
Lot Size0.50 Acres
Days on Market64
Property Features for Rembrandt Drive
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Painted Hills
Lot features
Rural - Subdivision, Mature Trees
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
551418442001000012
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 885 Painted Hills Subdivision 8Th.
HOA Fee
$713 Annually
Legal Description
Lot 885 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 3
Changed: Aug 28
Last Checked: Sep 4 at 3:06PM
MLS# 22082300
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.
This membership-only waterfront lot is unimproved and not currently buildable. Ownership is positioned as maintenance-free, with annual member dues of $713 due each May 1 that provide access to Painted Hills’ private amenities.
Painted Hills includes a 150-acre Lake Holiday and a 46-acre Lake Nebo, along with a private beach, swimming pool, clubhouse, and members-only restaurant and bar. Community facilities and activities include pickleball, tennis, basketball, volleyball, a playground, dog park, kayak launch, and fishing and swimming docks, plus year-round community events. The property is located in Martinsville, Indiana.
If you’re looking for membership benefits without owning and maintaining a home, this lot offers access to the community’s lakes and shared recreation areas through the annual dues program.
Painted Hills includes a 150-acre Lake Holiday and a 46-acre Lake Nebo, along with a private beach, swimming pool, clubhouse, and members-only restaurant and bar. Community facilities and activities include pickleball, tennis, basketball, volleyball, a playground, dog park, kayak launch, and fishing and swimming docks, plus year-round community events. The property is located in Martinsville, Indiana.
If you’re looking for membership benefits without owning and maintaining a home, this lot offers access to the community’s lakes and shared recreation areas through the annual dues program.
Key Highlights
- Membership‑only unimproved lot in Painted Hills (not currently buildable).
- Annual dues: $713, due each May 1.
- Access to private amenities including 150‑acre Lake Holiday and 46‑acre Lake Nebo.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
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?
Recreation land - Unimproved, non-buildable waterfront lot in a private lake community with annual member dues for access to amenities.
Where is this recreation land located?
The property is located at Rembrandt Drive Martinsville, IN.
What are key features of this property?
This property features: Membership‑only unimproved lot in Painted Hills (not currently buildable).; Annual dues: $713, due each May 1.; Access to private amenities including 150‑acre Lake Holiday and 46‑acre Lake Nebo.
