5739 Paradise Drive, Martinsville, IN 46151

$525,000
3
BD
2
BA
2,644
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$525,000
Mandatory Fee
$480
Mandatory Fee Paid
Annually
MLS#
22126333
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
2,644
Year Built
1964
Days on Market
0
Status
ACTIVE

Property Description

Location, Location, Location - Welcome home to this charming Cape Cod-style lakefront retreat, offering 3 bedrooms, 2 full bathrooms, and 2,644 square feet on nearly an acre in highly sought-after Paradise Lake neighborhood! Situated on a spacious corner lot consisting of three parcels, this property offers the rare combination of space, water access, privacy, and convenience. Enjoy peaceful lake views all while being centrally located between surrounding cities and everyday amenities. This home has undergone an extensive list of recent improvements, making it truly move-in ready. Major 2025-2026 updates include a new roof, new gutters and gutter guards, new septic system, new water heater, new waterproof laminate hardwood flooring, fresh interior and exterior paint, and much more throughout. As you step inside through your covered front porch, you'll find a warm and inviting floor plan enhanced by a built-in electric fireplace and entertainment center in your living room. The main level flows seamlessly into the galley-style kitchen, where picturesque water views create a beautiful backdrop and provide easy access to the private back deck-perfect for relaxing and taking in the lakefront setting. Also on the main level is a generously sized bedroom and an updated full bath featuring a luxurious walk-in shower. Upstairs, a versatile loft area offers additional space along with ample storage closets. A generously sized bedroom offers flexibility for family, guests, or a home office, while the expansive primary suite feels like a private retreat, complete with a walk-in closet, updated full bath, and its own private balcony overlooking the property. With lakefront living, a private dock, nearly an acre, three parcels, 2,644 square feet, and substantial recent updates, this home offers a unique opportunity in a desirable setting.

Additional Information

Foundation
Crawl Space
Number of Fireplaces
1
Fireplace Description
Electric, Insert
Stories
Two
Architecture
Cape Cod
Interior
Walk-In Closet(s)
Exterior Amenities
Balcony, Barn Mini, Storage, Gutter Guards, Fire Pit, Storage Shed
Acres
0.91
Heat
Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
Semi-Annual Taxes
$665
Garage
Yes
Region
Green
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Highgarden Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative