18 Point Ln Arcadia, IN 46030
Estimated payment $6,914/month
Highlights
- Lake Front
- Lake Privileges
- Contemporary Architecture
- Water Access
- Mature Trees
- Two Way Fireplace
About This Home
Welcome to a truly special offering-set on 3.77 acres with an unbelievable 673 feet of water frontage! This is one of the largest and most dramatic lots on Morse Reservoir, perfectly positioned on a prominent point that delivers panoramic views, unbeatable sunsets, and a front-row seat to the July 4th fireworks. Situated in a peaceful idle zone, it's ideal for kayaking, paddle boarding, and floating, with calm waters all around-yet just a short boat ride to the main water sports area when you're ready for more action. The home itself has a contemporary, architectural vibe-not your average lake house! Approx. 3,500 square feet with 4 bedrooms. Two main-floor bedrooms were opened up to create one large suite, but the seller is willing to reinstall the wall with an acceptable offer to restore the original 4-bedroom layout. Features include a striking two-sided fireplace in the great room, an updated kitchen, 3 car garage, a new water heater, and an energy-efficient geothermal system. You'll also love the abundant deck space-perfect for entertaining or simply soaking in the views. Outside, enjoy a composite dock with boat lift and one of the most impressive lakefront settings Morse has to offer. This is a rare opportunity to own a truly one-of-a-kind property that combines acreage and water frontage -in one unforgettable package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,622
Year Built
- Built in 1987 | Remodeled
Lot Details
- 3.77 Acre Lot
- Lake Front
- Reservoir Front
- Mature Trees
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Cement Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Vaulted Ceiling
- Paddle Fans
- Free Standing Fireplace
- Two Way Fireplace
- Fireplace Features Masonry
- Entrance Foyer
- Great Room with Fireplace
- Combination Kitchen and Dining Room
- Lake Views
- Crawl Space
- Laundry on main level
Kitchen
- Convection Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Outdoor Features
- Water Access
- Seawall
- Lake Privileges
- Shed
- Storage Shed
Schools
- Hamilton Heights Elementary School
- Hamilton Heights Middle School
- Hamilton Heights High School
Utilities
- Central Air
- Geothermal Heating and Cooling
- Electric Water Heater
Community Details
- Property has a Home Owners Association
- Point Subdivision
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 290236000025000008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,199 | $609,100 | $310,400 | $298,700 |
| 2023 | $6,199 | $573,800 | $310,400 | $263,400 |
| 2022 | $6,328 | $542,900 | $299,000 | $243,900 |
| 2021 | $6,236 | $522,400 | $299,000 | $223,400 |
| 2020 | $6,067 | $522,400 | $299,000 | $223,400 |
| 2019 | $5,557 | $488,100 | $270,800 | $217,300 |
| 2018 | $5,670 | $488,100 | $270,800 | $217,300 |
| 2017 | $5,641 | $490,800 | $270,800 | $220,000 |
| 2016 | $5,658 | $494,200 | $270,800 | $223,400 |
| 2014 | $5,128 | $443,300 | $223,200 | $220,100 |
| 2013 | $5,128 | $443,700 | $223,200 | $220,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $1,200,000 | -5.9% | $354 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $1,275,000 | -- | $376 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22048091
APN: 29-02-36-000-025.000-008
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Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
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