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REDUCED - Motivated Seller! This lake level, Lake Shafer, Cape Cod home is an incredible lake retreat. Estate sale....needs some TLC, but this hard to find lot in a great area is worth the sweat equity. The holiday parties will be right here with four bedrooms, including beds that will sleep 16, and two full baths. A bright, beautiful lakeside sun room offers awesome views, and the wrap-around patio makes for easy entertaining. The lakeside offers a concrete seawall, a permanent boatlift with an upper deck, and a dry boathouse with electric. A 2-car garage answers your storage needs. There is plenty of room to park on the nearly half-acre lot, and an Invisible fence will keep your pup in the yard. As a bonus, the golf cart is included! You can zip your friends and their gear right to the water's edge, and Indiana Beach Amusement Park is just a cruise downstream!
| DAYS ON MARKET | 17 | LAST UPDATED | 5/23/2026 |
|---|---|---|---|
| TRACT | Other | YEAR BUILT | 1954 |
| GARAGE SPACES | 2.5 | COUNTY | White |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Twin Lakes School Corp. |
|---|---|
| Elementary School | Meadowlawn |
| Jr. High School | Roosevelt |
| High School | Twin Lakes |
| PRICE HISTORY | |
| Prior to Apr 3, '26 | $589,000 |
|---|---|
| Apr 3, '26 - May 3, '26 | $549,000 |
| May 3, '26 - May 23, '26 | $489,000 |
| May 23, '26 - Today | $439,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater, Water Softener Rented |
| BASEMENT | None |
| CONSTRUCTION | Vinyl Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Ceiling Fan(s) |
| LOT | 0.44 acre(s) |
| LOT DESCRIPTION | Level, Waterfront |
| LOT DIMENSIONS | 50x383 |
| PARKING | Detached |
| STORIES | 1 |
| STYLE | Cape Cod |
| SUBDIVISION | Other |
| TAXES | 4097.04 |
| WATER | Private, Well |
| WATER ACCESS | Lake Shafer |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front, Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Chris Thayer, REAL ESTATE NETWORK L.L.C, Cell: 574-870-1354
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 6/9/26 4:04 PM PDT
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 6/9/26 4:04 PM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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