17,424 / 0.4
Lot Size / Acres

Description

Lake life! Discover the perfect blend of nature and recreation with this beautiful wooded lot in the sought-after Painted Hills community. Nestled among mature trees, this lot offers peaceful surroundings and coveted lake access to the scenic lakes. Enjoy resort-style amenities including a private beach, community pool, clubhouse with restaurant and bar, and sports courts- ideal for year-round living OR a weekend retreat. Build your lake dream home(with approval) and embrace everything lake life...Lake life! Discover the perfect blend of nature and recreation with this beautiful wooded lot in the sought-after Painted Hills community. Nestled among mature trees, this lot offers peaceful surroundings and coveted lake access to the scenic lakes. Enjoy resort-style amenities including a private beach, community pool, clubhouse with restaurant and bar, and sports courts- ideal for year-round living OR a weekend retreat. Build your lake dream home(with approval) and embrace everything lake life has to offer in beautiful Morgan County.
  1. Listed by Corina Jones • Your Home Team
    P: (317)-851-9600 C: (317)-281-7996 corina@yourhometeam4life.com
  2. Listed by Christopher Pagano
    P: (317)-627-5559 C: (317)-627-5559 chris@yourhometeam4life.com

Property Details for 0 South Cove Road

Subdivision Name
Painted Hills
Township
Jackson
Waterfront Features
Lake Privileges
Waterfront
Yes
Zoning
residential
LISTING UPDATED: 01/28/2026 10:48 AM

Property Details for 0 South Cove Road

StatusActive
MLS #22048618
Days on Market283
Taxes$109 semi-annually
HOA Fees$713 / year
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size0.40 AC
CountyMorgan County

Location

Listing Courtesy of Your Home Team
Add your commute

Building Information for 0 South Cove Road

Building Size-Lot Size0.40 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$304 per month

30 year fixed, 6.46% Interest

Principal and Interest

$226

Property Taxes

$18

HOA Dues

$59

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 0 South Cove Road

Summary
Location and General Information
  • City: Martinsville
  • County Or Parish: Morgan
  • Directions: GPS Friendly
  • Postal Code: 46151
  • Road Access: County Rd
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Wooded
  • View: Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee: $713
  • Parcel Number: 551407442003000012
  • Semi Annual Property Tax Amt: 109
  • Tax Year: 2024
  • TaxLot: 142B
School Information
  • Middle Or Junior School: John R. Wooden Middle School
  • School District: MSD Martinsville Schools
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Land Characteristics: Dock Owned,Irregular Lot,Lake Front,Mature Trees,Water Acces,Wooded
  • Lot Description: Mature Trees, Wooded
  • Lot Size Square Feet: 17293.0
  • Lot Size Acres: 0.4
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: See Remarks
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: Lot 142B Painted Hills Subdivision 2nd Sec.
  • Ownership Type: Mandatory Fee
  • Photos Count: 3
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: See Remarks
  • Transaction Type: Sale
Utilities
  • Facilities Near: See Remarks
  • Facilities On: Electric,Water
  • Sewer: Septic Needed
  • Solid Waste: No
  • Water: Municipal Water Near By,Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 0 South Cove Road

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Price Change

MIBORMLS #22048617

$64,900
Jan 28, 2026

Price Change

MIBORMLS #22048618

$44,900
Dec 1, 2025

Price Change

MIBORMLS #22048617

$65,000
Dec 1, 2025

Price Change

MIBORMLS #22048618

$49,000
Aug 19, 2025

Price Change

MIBORMLS #22048617

$73,000
Aug 19, 2025

Price Change

MIBORMLS #22048618

$58,000
Jul 2, 2025

Listed (Active)

MIBORMLS #22048617

$80,000
Jul 2, 2025

Listed (Active)

MIBORMLS #22048618

$65,000
DateEvent & SourcePrice
01/28/2026

Price Change

MIBORMLS #22048617

$64,900
01/28/2026

Price Change

MIBORMLS #22048618

$44,900
12/01/2025

Price Change

MIBORMLS #22048617

$65,000
12/01/2025

Price Change

MIBORMLS #22048618

$49,000
08/19/2025

Price Change

MIBORMLS #22048617

$73,000
08/19/2025

Price Change

MIBORMLS #22048618

$58,000
07/02/2025

Listed (Active)

MIBORMLS #22048617

$80,000
07/02/2025

Listed (Active)

MIBORMLS #22048618

$65,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 South Cove Road

This home is within Nineveh-Hensley-Jackson United.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Indian Creek Elementary School
PublicPK to 2

Indian Creek Intermediate School
Public3 to 5

Indian Creek Middle School
Public6 to 8

Indian Creek Sr High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

0 South Cove Road is a 0.4 ac of land for sale in Martinsville, IN 46151. This property was listed for sale on July 2, 2025 by Your Home Team, it's currently listed at $44,900. This listing's school district is Nineveh-Hensley-Jackson United. Nearby schools include Indian Creek Elementary School, Indian Creek Intermediate School and Indian Creek Middle School. 0 South Cove Road is a 0-bed, 0-bath, 0.4 ac of land on a 17,424 sq. ft. / 0.4 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Your Home Team

Based on information submitted to the MLS GRID as of 01/28/2026 10:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.