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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 4476 E Rembrandt Drive in Painted Hills, ask any question about this home, or talk through what you should know about buying in Martinsville.

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ABOUT THIS HOME

OPEN HOUSE CANCELLED - PENDING SALE - Get ready to enjoy lake living before summer in this beautifully updated mid-century modern ranch. Located in the Private Lake Community, Painted Hills and walking distance from Cedar Creek Winery, this 3-bedroom, 1.5-bath home offers a bright open-concept floor plan with thoughtful updates throughout. Recent improvements include a renovated crawl space, rebuilt chimney with wood-burning stove, new HVAC system with propane furnace and electric heat pump, new water heater, new flooring, and all new appliances, providing peace of mind and modern comfort. The home sits on two combined lots totaling approximately .73 acres, offering a spacious yard and multiple outdoor living areas with only one HOA due of $950/year. Enjoy Painted Hills sunsets from the large covered front porch, the second porch off the kitchen, or head down to one of the multiple swim docks minutes from your doorstep. Two additional lots located behind the home are available for separate purchase, offering future expansion or building potential. The oversized 28' x 28' garage features a 9-foot garage door, ideal for storage, hobbies, or recreational vehicles. Located in the heart of Painted Hills and walking distance from the Member's Only Clubhouse, residents enjoy access to two private lakes with fishing & boating, a private restaurant and bar, beach, playground, pickleball courts, basketball, beach volleyball, a dog park and year-round community events including fishing tournaments and live music. This is a rare opportunity to own a lake community home in Painted Hills with space to grow and amenities for every lifestyle. Don't miss your chancer to see this one in person!

Listed by Danielle Stiles· The Modglin Group· MLS# 22083359
Recently SoldSold in 7 days

$335,000

3Beds
1.1Baths
1,553Sq Ft

OPEN HOUSE CANCELLED - PENDING SALE - Get ready to enjoy lake living before summer in this beautifully updated mid-century modern ranch. Located in the Private Lake Community, Painted Hills and walking distance from Cedar Creek Winery, this 3-bedroom, 1.5-bath home offers a bright open-concept floor...

Listed by Danielle Stiles· The Modglin Group· MLS# MBR22083359

1,553

Sq Ft

1971

Year Built

3

Bedrooms

1.1

Bathrooms

Key things to know

  • Sold 3.0% over list in 7 days
  • Fireplace
  • 3-car garage
  • Painted Hills subdivision

Sold

$345,000

+$10,000 over list (3.0%)

Closed
Apr 17, 2026
Listed at
$335,000
Sold
3 weeks ago
Sold in
7 days

Price history

  1. Sold$345,000

    Apr 17, 2026

  2. Listedat $335,000

    Feb 10, 2026

Sold
6
Median price
$295,000
Median DOM
132 days

Comparative value

5 comps in this range

This home is 36% above median for similar nearby sales.

$210K$400KMedian $254K
$345K

FEATURES & AMENITIES

Interior

Built-in FeaturesPaddle Fan

Climate

Heat: PropaneHeat: OtherCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $335,000Listed· Feb 10, 2026

7 days on market

Layout

Main
31.18 rooms1,553 sq ft

Primary bath

Bath Half

Schools

Nineveh-Hensley-Jackson United

  • Elementary

    Indian Creek Elementary School

  • Middle

    Indian Creek Middle School

  • High

    Indian Creek Sr High School

Neighborhood

  • Downtown Indianapolis27.3 mi
  • Zionsville Community HS39.1 mi
  • Carmel Central Park40.2 mi
  • Monon Trail (Carmel)40.4 mi
  • Carmel High School41.1 mi
  • IU Health North Hospital41.4 mi

PROPERTY DETAILS

Living Area

1,553 sq ft

Year Built

1971

Stories

One

Subdivision

Painted Hills

Bedrooms

3

Bathrooms

1 full, 1 half

Garage

3 spaces

School District

Nineveh-Hensley-Jackson United

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