Sheldon Barnes
For Sale — 1647 S Plateau Circle, Martinsville, IN 461511647 S Plateau Circle
Martinsville, Indiana 46151
Painted Hills
3
Beds
3
Baths
1,850
Sq Ft
1978
Year Built
0.4
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Martinsville, Indiana and the rest of Hamilton County. Book a private tour of 1647 S Plateau Circle in Painted Hills, ask any question about this home, or talk through what you should know about buying in Martinsville.
ABOUT THIS HOME
As the song goes "Almost Paradise" in this well maintained lakeside home. This 3BR, Stone Ranch, inclusive of a flex room being used as an office, 2.5 baths and breath taking water views is located between Indy and Bloomington. Enjoy outdoor living at it's finest utilizing your own hot tub, & dock as well as the amenities offered at the clubhouse, restaurant, community pool, tennis courts, basketball and volleyball courts. Situated on Lake Nebo you also have rights of ownership on Lake Holiday. Don't stop there, you are a golf cart ride away from Cedar Creek Winery and all they have to offer. The home is one level and sits on a lot and a half (.51 acres) on a private cul de sac. A fabulous weekend retreat or you can live in Paradise year round.
Key things to know
- Lakeside home with water views and dock
- Hot tub included
- One-level stone ranch
- Flex room/office
- Resort amenities: pool, tennis, golf cart access to winery
Browse by room
16 rooms · 46 photos
Monthly payment
Estimate · $494,900
$2,781/mo
≈ $2,634 principal & interest · $68 tax · $79 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $98,980 on a loan of $395,920.
Price history
- Price reduced$499,900 → $494,900
Apr 6, 2026
- Listedat $499,900
Mar 13, 2026
Painted Hills · activity
past 6 months
- Sold
- 6
- Median price
- $295,000
- Median DOM
- 132 days
Recent comparable sales
$399,500
1651 Bill Smith Road
4bd · 2ba · 1,545 sqft
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$355,000
840 Nast Chapel Road
2bd · 2ba · 1,597 sqft
Sold May 2026
$210,000
8490 Central Avenue
4bd · 2ba · 1,304 sqft
Sold May 2026
$195,000
810 E Washington Street
4bd · 2ba · 2,096 sqft
Sold May 2026
$254,000
1039 S Main Street
3bd · 2ba · 1,574 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 95% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$499,900Listed· Mar 13, 2026
$494,900Reduced
↓ $5,000 (1.0% off original)
48 days on market
Layout
Schools
Nineveh-Hensley-Jackson United
Elementary
Indian Creek Elementary School
Middle
Indian Creek Middle School
High
Indian Creek Sr High School
Neighborhood
- Downtown Indianapolis27.1 mi
- Zionsville Community HS38.8 mi
- Carmel Central Park40.0 mi
- Monon Trail (Carmel)40.2 mi
- Carmel High School40.9 mi
- IU Health North Hospital41.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,850 sq ft
Year Built
1978
Stories
One
Subdivision
Painted Hills
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Nineveh-Hensley-Jackson United