$951,000
SOLD OCT 31, 2025

22 Point Ln Arcadia, IN 46030

3 Beds
4 Baths
4,232 Sq Ft
1.8 Acres

Recently Sold

$225 Per Sq Ft

21% Below List Price

103 Days on Market

Highlights

  • Lake Front
  • Family Room with Fireplace
  • Ranch Style House
  • Water Access
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of October 2025

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. A full price offer would include mower, tractor and pool table.

Last Agent to Sell the Property

Dennis Barrow

Keller Williams Indpls Metro N License #RB14034583 Listed on: 06/17/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Deborah Minth

F.C. Tucker Company

F.C. Tucker Company

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
  • Carpet
  • Ceramic Tile
  • Vinyl Plank

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
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,480

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1982
  • Building Area Total: 4232
  • Garage Y N: Yes
  • Lot Size Acres: 1.8
  • Subdivision Name: Point
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Ice Maker, Trash Compactor, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2116
  • Fireplace Features: Family Room, Great Room, Masonry, Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Kitchen Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Smart Thermostat, Walk-In Closet(s), Wet Bar
  • Living Area: 4232
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2116
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Storage, Water Feature Fountain
  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck
  • Pool Private Y N: No
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Dock, Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached

Utilities

  • Utilities: Sewer Connected
  • Cooling: Central Air, Geothermal
  • Electric: 200+ Amp Service
  • Heating: Electric, Geothermal, Propane
  • Laundry Features: Main Level, Sink
  • Water Source: Well, Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 78408
  • Parcel Number: 290236000021000008
  • Acres: 1-3 Acres

Green Features

  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 5480
  • Tax Block: 36
  • Tax Lot: 22
  • Semi Annual Property Tax Amt: 2740
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
May 21, 2015
Sold by
Scull Richard H and Bailey Scull Judith C
Bought by
Miller David G and Saberman Jessica L
Seller's Agent
Andy Sheets
Compass Indiana, LLC
Buyer's Agent
Dennis Barrow
Keller Williams Indpls Metro N
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$408,750
Outstanding Balance
$314,314
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$664,685

Purchase Details

Closed on
Dec 27, 2005
Sold by
Bailey Judith C and Scull Dick
Bought by
Scull Richard H and Bailey Scull Judith C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $951,000 -4.9% $225 / Sq Ft
09/28/2025 09/28/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $999,900 -4.8% $236 / Sq Ft
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 View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $549,900 -- $260 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22028402

MIBOR Broker Listing Cooperative®

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