$1,275,000

18 Point Ln Arcadia, IN 46030

Estimated payment $7,627/month

Total Views 76
4 Beds
2.5 Baths
3,391 Sq Ft
$376 Price per Sq Ft

Highlights

  • Popular Property
  • Water Access
  • Mature Trees
  • Lake Front
  • Lake Privileges
  • Contemporary Architecture

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.

Listing Agent

Andy Sheets

Compass Indiana, LLC Brokerage Email: andy@soldbysheets.com License #RB14042313 Listed on: 07/01/2025

Compass Indiana, LLC

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
  • Skylights
  • 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
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Water Access
  • Seawall
  • Lake Privileges
  • Multiple Outdoor Decks
  • Shed
  • Storage Shed

Schools

  • Hamilton Heights Elementary School
  • Hamilton Heights Middle School
  • Hamilton Heights High School

Utilities

  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Point Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 290236000025000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,622

Year Built

Built in 1987 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1987
  • Building Area Total: 3391
  • Garage Y N: Yes
  • Lot Size Acres: 3.77
  • Subdivision Name: Point
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: andy@soldbysheets.com
  • Attribution Contact: andy@soldbysheets.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Kitchen Exhaust, Microwave, Oven, Convection Oven, Range Hood, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Two Sided, Free Standing, Great Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Skylight(s), Walk-in Closet(s), Wood Work Stained
  • Living Area: 3391
  • Main Level Bedrooms: 2
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1807
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1584
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding
  • Direction Faces: South
  • Exterior Features: Storage Shed
  • Foundation Details: Crawl Space
  • List Price: 1275000
  • Patio And Porch Features: Deck Main Level, Multiple Decks
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: Lake
  • View Y N: Yes
  • Waterfront Features: Boat Slip, Dock, Lake Privileges, Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 775

Utilities

  • Heating: Geothermal
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: Yes

Schools

  • Middle Or Junior School: Hamilton Heights Middle School

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 164265
  • Parcel Number: 290236000025000008
  • Acres: 3-5 Acres
  • Price Acre: 338196

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6622
  • Tax Lot: 18
  • Semi Annual Property Tax Amt: 3311
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Hamilton Heights Elementary School
  • High School: Hamilton Heights High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $1,275,000 -- $376 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048091

MIBOR Broker Listing Cooperative®

APN: 29-02-36-000-025.000-008