Save
Ask
Tour
Hide
Share
$519,900
3 Days On Site

5739 Paradise Drive
Martinsville, IN 46151

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
2,644
SqFt
$197
/SqFt
1964
Built
Subdivision:
Paradise Lake
County:
Morgan
Listing courtesy of Highgarden Real Estate (765) 318-2773
Call Now: 317-947-0400
Is this the listing for you? We can help make it yours.
317-947-0400
5739 Paradise Drive5739 Paradise Drive5739 Paradise Drive5739 Paradise Drive
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,372
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$519,900
Days On Site 
3 Days
Bedrooms 
3
Inside Area (SqFt) 
2,644 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.91 Acres
Year Built 
1964
MLS® Number 
22126333
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$40 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoPrice changed to $519,900
2 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.91
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
Attached
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2644
Style 
Cape Cod
Utilities 
Electricity ConnectedNatural Gas ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Electric CooktopDishwasherDryerElectric Water HeaterMicrowaveElectric OvenRefrigeratorWasher
Basement 
Crawl Space
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
ElectricInsert
Fireplaces 
1
Heating 
Fireplace InsertNatural Gas
Interior 
Walk-In Closet(s)
Main Level Bedrooms 
1
Window Features 
Skylight(s)
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Wood SidingStone
Exterior 
BalconyStorageFire Pit
Fencing 
Chain LinkGate
Lot Features 
Corner LotWoodedSee RemarksOtherWaterfront
Other Structures 
Barn(s)
Patio And Porch 
CoveredDeck
View 
LakeTrees/WoodsWater
Waterfront 
Yes
Waterfront Features 
Lake PrivilegesLake FrontWaterfront
Waterview 
LakeTrees/WoodsWater
Windows/Doors 
Skylight(s)
Community Features
Association Fee 
$480.0
Association Fee Frequency 
Annually
MLS Area 
5510 - Morgan - Green
School District 
MSD Martinsville Schools
Township 
Green
Horse Property 
None
Schools
School District
MSD Martinsville Schools
Elementary School
Green Township Elementary School
Middle School
John R. Wooden Middle School
High School
Martinsville High School
Listing courtesy of Highgarden Real Estate (765) 318-2773



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-09-20 08:18 PM UTC. 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.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share