
22 Point Ln Arcadia, IN 46030
Estimated payment $6,255/month
Highlights
- Lake Front
- Family Room with Fireplace
- Ranch Style House
- Water Access
- Wooded Lot
- Cathedral Ceiling
About This Home
MORSE LAKE WATERFRONT HOME boasts panoramic water view with stunning sunrises! Situated on tree-lined 1.8 acre lot with a whopping 246' of lake frontage with steel seawall! This beautiful sprawling ranch brick home with finished walk-out lower-level features spacious cathedral ceilings, two fireplaces and a main floor master suite. Center island kitchen and dining room have handsome hardwood floors. Full walk-out lower-level offers well-equipped wet bar with suede finished granite countertops, recreation room, family room with fireplace and a half bath. Tons of room for craft/hobby/exercise room/storage. Geo-thermal HVAC system is connected to commercial grade water heater for nearly free hot water. Zeolite water softener. New hail-proof Owens Corning roof in 2022 and new gutters. Exterior outlet wired for a generator. 2 car attached garage PLUS 3 car detached garage with workshop & HVAC! 4 boat slips with deep water, extra wide 120 ft 4000 lb power lift. Storage shed. Nearby Harbor Trees Golf and Beach Club offering swimming pool, dining, exercise and golf. Also, nearby are Bear Slide and Pebble Creek golf clubs and lots of restaurants. What a great opportunity to begin a legacy of lake house memories for your family! Needs some updates, but priced accordingly.
Listing Agent
Keller Williams Indpls Metro N License #RB14034583 Listed on: 06/17/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,480
Year Built
- Built in 1982
Lot Details
- 1.8 Acre Lot
- Lake Front
- Reservoir Front
- Wooded Lot
Parking
- 4 Car Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Wet Bar
- Cathedral Ceiling
- Paddle Fans
- Fireplace Features Masonry
- Family Room with Fireplace
- 2 Fireplaces
- Great Room with Fireplace
- Lake Views
- Laundry on main level
- Finished Basement
Kitchen
- Electric Oven
- Built-In Microwave
- Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Water Access
- Seawall
- Outdoor Water Feature
- Outdoor Storage
Utilities
- Central Air
- Geothermal Heating and Cooling
- Heating System Uses Propane
- Well
Community Details
- No Home Owners Association
- Point Subdivision
Listing and Financial Details
- Legal Lot and Block 22 / 36
- Assessor Parcel Number 290236000021000008
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 | $5,480 | $636,100 | $149,400 | $486,700 |
2023 | $5,480 | $580,600 | $149,400 | $431,200 |
2022 | $4,640 | $455,000 | $149,400 | $305,600 |
2021 | $4,486 | $428,600 | $149,400 | $279,200 |
2020 | $4,376 | $429,300 | $149,400 | $279,900 |
2019 | $4,098 | $408,600 | $135,400 | $273,200 |
2018 | $4,190 | $409,100 | $135,400 | $273,700 |
2017 | $4,185 | $412,200 | $135,400 | $276,800 |
2016 | $4,169 | $410,800 | $135,400 | $275,400 |
2014 | $3,955 | $382,900 | $111,500 | $271,400 |
2013 | $3,955 | $383,100 | $111,500 | $271,600 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | Price Changed | $1,049,900 | -4.5% | $248 / Sq Ft |
07/07/2025 07/07/25 | Price Changed | $1,099,900 | -8.3% | $260 / Sq Ft |
06/17/2025 06/17/25 | For Sale | $1,199,900 | +120.2% | $284 / Sq Ft |
05/21/2015 05/21/15 | Sold | $545,000 | -0.9% | $258 / Sq Ft |
03/17/2015 03/17/15 | Pending | -- | -- | -- |
03/12/2015 03/12/15 | For Sale | $549,900 | -- | $260 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Quit Claim Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $250,000 | Credit Line Revolving | |
Open | $477,500 | New Conventional | |
Closed | $477,500 | New Conventional | |
Closed | $408,750 | New Conventional | |
Closed | $100,750 | Credit Line Revolving | |
Previous Owner | $364,900 | New Conventional | |
Previous Owner | $381,472 | Unknown |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22028402

APN: 29-02-36-000-021.000-008
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