For Sale278d on market
0 S Cove Rd
Martinsville, IN, 46151 • 46151 • Morgan County
$64,900
+$20,000 since Jan 28, 2026
0.53 acLot
Property DNA
Waterfront Property
Direct water access
Water Views
Water
Painted Hills
46151
This home is getting attention
Listed 278 days ago · 213 views · 14 saves
Market activity
Demand and pricing signals for this listing
213 views
People checking out this listing
14 saves
Buyers have saved this home
278 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 27% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
LAKE LIFE! Discover the perfect blend of nature and recreation with this beautiful wooded lot in the sought-after Painted Hills community AND your own PRIVATE DOCK ON THE WATER! 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.
Standout features identified
Our analysis highlights beautiful wooded lot and peaceful surroundings as key attractions of this home.
Estimated monthly payment
Based on current rates
$423/month
Principal & Interest$337
Property Tax$65
Insurance$22
Down payment20% ($12,980)
3%50%
Est. 6.75% rate · 30yr fixed · $51,920 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Residential Lots
Systems
Water / SewerMunicipal Water on Site / Septic Needed
Parking & Outdoor
Lot0.53 Acres
Location & Tax
Neighborhood46151
Zoningresidential
Annual tax$24
Parcel551407442003000012
Features & details
2 categories of property features
Exterior Features
Lot Features
Dock Owned
Irregular Lot
Lake Front
Mature Trees
Water Acces
Water View
Wooded
Views
Water
Listing insights
Market data and value estimates
StatusFor Sale
Days on market278
Tax rate0.51%
On marketJul 4, 2025
PostedJul 4, 2025
MLS statusActive
MLS updatedFeb 17, 2026
Tour days6
Views213
Favorites14
How are the schools in Martinsville?
3 schools rated nearby
Location
Martinsville, IN, 46151
Price history
8 events
DateEventPrice$/sqftSource
Jan 28, 2026Price Change$64,900—MIBOR as distributed by MLS GRID
Jan 28, 2026Price Change$44,900—MIBOR as distributed by MLS GRID
Dec 2, 2025Price Change$49,000—MIBOR as distributed by MLS GRID
Dec 2, 2025Price Change$65,000—MIBOR as distributed by MLS GRID
Aug 19, 2025Price Change$58,000—MIBOR as distributed by MLS GRID
Aug 19, 2025Price Change$73,000—MIBOR as distributed by MLS GRID
Jul 4, 2025Price Change$80,000—MIBOR as distributed by MLS GRID
Jul 4, 2025Listed For Sale$65,000—MIBOR as distributed by MLS GRID
Price Change$64,900
Jan 28, 2026•MIBOR as distributed by MLS GRID
Price Change$44,900
Jan 28, 2026•MIBOR as distributed by MLS GRID
Price Change$49,000
Dec 2, 2025•MIBOR as distributed by MLS GRID
Price Change$65,000
Dec 2, 2025•MIBOR as distributed by MLS GRID
Price Change$58,000
Aug 19, 2025•MIBOR as distributed by MLS GRID
Price Change$73,000
Aug 19, 2025•MIBOR as distributed by MLS GRID
Price Change$80,000
Jul 4, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$65,000
Jul 4, 2025•MIBOR as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Martinsville, IN • Morgan County
Nearby neighborhoods
Browns CrossingCentertonEminenceFoxcliff EstatesWaverly
Nearby cities
BethanyBrooklynGosportMartinsvilleMonroviaMooresvilleMorgantownParagon
Nearby zip codes
4612546151
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 08:58:00 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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