$285,000
SOLD JUL 25, 2025

225 Lilac Ln Walkerton, IN 46574

3 Beds
2 Baths
2,090 Sq Ft
6,084 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

11% Below List Price

26 Days on Market

Highlights

  • Lake View
  • No HOA
  • 2 Car Detached Garage
  • Deck
  • Balcony
  • Living Room

About This Home

As of July 2025

This beautifully remodeled home offers the perfect blend of modern updates and peaceful living. Featuring three spacious bedrooms and two updated bathrooms, the home has a stunning family room addition filled with natural light. Enjoy the comfort and efficiency of new windows, gutters, a tankless water heater, roof, and a new well. The furnace and AC are both less than five years old, ensuring year-round comfort.The impressive 1,400 sq ft detached garage includes air reels, a compressor, a dedicated workshop area, and ample space for your vehicles or hobbies.Step outside to a park-like setting complete with a charming patio, perfect for relaxing or entertaining while soaking in the beauty of nature.First time on the market, this meticulously cared-for property is truly move-in ready--a rare find you won't want to miss!

Last Agent to Sell the Property

Tracey Cummins

McColly Real Estate License #RB14044136 Listed on: 05/28/2025

McColly Real Estate

Last Buyer's Agent

Darlene Knoblock

Realty Executives Premier License #RB14047536

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1922

Lot Details

  • 6,084 Sq Ft Lot
  • Landscaped
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 2,090 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Lake Views
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Oak Beach Summer Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 461220277003000055

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Back Yard, Paved, Landscaped
  • Reso View: Lake
  • Co List Office Mls Id: NRA1562
  • Subdivision Name: Oak Beach Summer Colony
  • Above Grade Finished Sq Ft: 2090
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Water Softener Owned, Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Open Floorplan, Kitchen Island
  • Basement: Unfinished
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Other, Gas Log
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Acres: 0.1397
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Detached, Oversized, Off Street, Garage Faces Rear, Garage Door Opener, Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6084
  • Additional Parcels: Yes
  • Parcel #: 461220277003000055

Tax Info

  • Year: 2023
  • Tax Annual Amount: 720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 25, 2025
Sold by
Stachowski Duane A
Bought by
Penna Jessica R and Young Wayne A
Seller's Agent
Tracey Cummins
McColly Real Estate
Buyer's Agent
Darlene Knoblock
Realty Executives Premier
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.93%
Original Mortgage
$260,988
Outstanding Balance
$260,988
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$23,669
Source: Public Records

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Range of Values:

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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 Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,988 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $285,000 -2.7% $136 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $292,900 -2.3% $140 / Sq Ft
06/11/2025 06/11/25 Price Changed $299,900 -6.3% $143 / Sq Ft
05/28/2025 05/28/25 For Sale $320,000 -- $153 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $946 $122,000 $12,900 $109,100
2023 $720 $107,500 $12,900 $94,600
2022 $696 $101,200 $12,900 $88,300
2021 $582 $92,900 $12,900 $80,000
2020 $774 $92,900 $12,900 $80,000
2019 $826 $98,000 $14,800 $83,200
2018 $749 $94,500 $11,100 $83,400
2017 $649 $88,200 $11,100 $77,100
2016 $509 $79,600 $7,400 $72,200
2014 $373 $80,500 $14,500 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 821487

Northwest Indiana Association of REALTORS®

APN: 46-12-20-277-003.000-055