For Sale170d on market
0 Forestview Ln
Martinsville, IN, 46151 • 46151 • Morgan County
$99,900
-$25,100 since Feb 16, 2026
0.43 acLot
Property DNA
Waterfront Property
Direct water access
Scenic Views
Pool · Trees/Woods · Water
Painted Hills
Park · Playground · Security
$59/mo HOA
Park · Playground · Security
This home is getting attention
Listed 170 days ago · 91 views · 1 saves
Market activity
Demand and pricing signals for this listing
91 views
People checking out this listing
1 saves
Buyers have saved this home
170 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 34% 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
Welcome to Lot 513-one of the last buildable lots overlooking the lake in the prestigious Painted Hills community! This property is truly ready to go with a completed topography report, approved perc test for a one-bedroom home, and the sellers' building plans included. All utilities are conveniently available at the road. Painted Hills offers exceptional amenities for an unmatched lifestyle, including two private lakes (Lake Nebo and Lake Holiday), a clubhouse, community pool, beach area, playground, pickleball and basketball courts, a dog park, walking trails, fishing docks, boat launches, marina access. Located just 30 minutes from Indianapolis or Bloomington-and only minutes from the world-class Cedar Creek Winery, Brewery, and Distillery-this lot offers the perfect blend of lake living and convenience. Whether you're looking to build a relaxing weekend getaway or a year-round retreat, this is your rare opportunity to own one of the few remaining buildable lots in one of Morgan County's most desirable lake communities.
Estimated monthly payment
Based on current rates
$711/month
Principal & Interest$518
Property Tax$100
Insurance$33
HOA$59
Down payment20% ($19,980)
3%50%
Est. 6.75% rate · 30yr fixed · $79,920 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land, Residential Lots
Systems
Water / SewerNone, Municipal Water Near By / Septic Needed
Parking & Outdoor
Lot0.43 Acres
Location & Tax
Neighborhood46151
ZoningSingle Family
Annual tax$18
Parcel551418240007000012
Bathrooms & Fees
HOA$59/mo
Features & details
3 categories of property features
Exterior Features
Lot Features
Rural - Subdivision
Mature Trees
Wooded
Rural In Subdivsion
Water View
Views
Pool
Trees/Woods
Water
Other Structures
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market170
Tax rate0.51%
On marketOct 20, 2025
PostedOct 20, 2025
MLS statusActive
MLS updatedFeb 27, 2026
Tour days6
Views91
Favorites1
How are the schools in Martinsville?
3 schools rated nearby
Location
Martinsville, IN, 46151
Price history
2 events
DateEventPrice$/sqftSource
Feb 16, 2026Price Change$99,900—MIBOR as distributed by MLS GRID
Oct 20, 2025Listed For Sale$125,000—MIBOR as distributed by MLS GRID
Price Change$99,900
Feb 16, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$125,000
Oct 20, 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 18:28:03 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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