Sheldon Barnes
For Sale — 3948 E Edgewood Circle, Martinsville, IN 461513948 E Edgewood Circle
Martinsville, Indiana 46151
Painted Hills
4
Beds
3
Baths
3,348
Sq Ft
1982
Year Built
0.97
Acres
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ABOUT THIS HOME
Lovely Updated Tri-Level Home in Painted Hills on the Main Lake - 167 ft of lakefront w dock & boat lift on this Acre of Fun & Recreation! This would make a great vacation home or your everyday vacation home! The lower level with Great Room, Bedroom, Bath & Laundry area is great extra living space! The home has been completely remodeled with granite countertops, new roof, new flooring, trim and much more! 4 BR/3 BA has a ton of space yet feels like home! Park your boat, swim, fish and picnic all on your own property! Enjoy Painted Hills at the Pool Park, Tennis Courts, Clubhouse (that serves food). Walking Distance to Cedar Creek Winery on warm summer nights to enjoy the entertainment and great dining! The community features: Swimming Pool, Clubhouse w Restaurant, Tennis Courts, Pickleball Courts, Park, Community Shelter House w firepits/BBQ, Beach Area and Basketball Courts. Upgrades: New Roof, Granite Countertops, Lam Hardwood, Remodeled Kitchen, Water Softener and Water Heater and Electric Receptacles. Plus many other items.
Key things to know
- 167 ft lakefront with dock and boat lift
- Lower level guest suite with bedroom and bath
- Remodeled kitchen with granite countertops
- New roof and hardwood flooring
- One acre with private beach and recreation space
Monthly payment
Estimate · $649,900
$3,735/mo
≈ $3,459 principal & interest · $196 tax · $79 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $129,980 on a loan of $519,920.
Price history
- Price reduced$675,000 → $649,900
Apr 24, 2026
- Listedat $699,000
Mar 9, 2026
Painted Hills · activity
past 6 months
- Sold
- 6
- Median price
- $295,000
- Median DOM
- 132 days
Recent comparable sales
$550,000
964 W Rusty Ridge
3bd · 2ba · 2,448 sqft
Sold May 2026
$345,000
683 Parkside Drive
3bd · 3ba · 3,140 sqft
Sold May 2026
$389,000
1070 Lincoln Hill Road
4bd · 4ba · 3,602 sqft
Sold May 2026
$185,000
250 Goodnight Road
3bd · 2ba · 3,397 sqft
Sold Apr 2026
$475,000
2432 E Stafford Place
4bd · 3ba · 2,902 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 67% 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
$699,000Listed· Mar 9, 2026
$649,900Reduced
↓ $49,100 (7.0% off original)
62 days on market
Layout
Primary bath
Tub Full with Shower
Schools
MSD Martinsville Schools
Middle
John R. Wooden Middle School
High
Martinsville High School
Neighborhood
- Downtown Indianapolis27.8 mi
- Zionsville Community HS39.5 mi
- Carmel Central Park40.7 mi
- Monon Trail (Carmel)40.9 mi
- Carmel High School41.5 mi
- IU Health North Hospital41.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,348 sq ft
Year Built
1982
Stories
Three Or More
Subdivision
Painted Hills
Bedrooms
4
Bathrooms
3 full
Garage
1 spaces
School District
MSD Martinsville Schools