$475,000
$25K PRICE DROP

375 Lane 221b Hamilton Lake Hamilton, IN 46742

Estimated payment $2,970/month

Total Views 13,048
2 Beds
1 Bath
832 Sq Ft
$571 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Lake Property
  • 43 Feet of Waterfront
  • Primary Bedroom Suite
  • Ranch Style House

About This Home

WHAT A VIEW !!! Sunsets every night! Sandy swimming area! Concrete seawall! This little gem is what everyone dreams of owning! Located on Penn Park with a play area for the kids and extra parking around the park that is family friendly! This well maintained and updated home has a new roof, concrete retaining wall and seawall. Cozy and cute...this 2 bedroom - 1 bath lake home also has a living room and family room. The parking area will accommodate 4 cars parked on an angle! It is ready for summer fun! Hamilton Lake is right in your front yard with over 800 acres of water. Pack your swim suit and head to beautiful Hamilton Lake! Owner will be selling ski boat, boat trailer, boat lift and golf cart outside the sale of the home!

Listing Agent

lisa furniss

Lakefront Real Estate Listed on: 06/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1942

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43x106
  • 43 Feet of Waterfront
  • Lake Front

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Stone Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 832 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Carpet
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream

Schools

  • Hamilton Elementary And Middle School
  • Hamilton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 76-10-28-340-132.000-010

Community Details

Overview

  • Penn Park Subdivision

Recreation

  • Pier or Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,698

Year Built

Built in 1942

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1942
  • Age: 83
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Penn Park Lot 75
  • Parcel Number ID: 76-10-28-340-132.000-010
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Range/Oven Hook Up Elec, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Lake
  • Year Taxes Payable: 2024/2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 832
  • Total Finished Sq Ft: 832
  • Above Grade Finished Sq Ft: 832
  • Price Per Sq Ft: 570.91
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Great Room: Dimensions: 25x11, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Family Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x6
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Pier/Dock, Deeded
  • Water Frontage: 43
  • Water Name: Hamilton Lake

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Water Type: Lake

Condo/Co-op/Association

  • Association Fees: 125
  • Association Fees Frequency: Annually
  • Common Amenities: Playground, Swing Set

Schools

  • School District: Hamilton Community
  • Elementary School: Hamilton
  • Middle School: Hamilton
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 43x106
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 4698.26

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton
  • School District: Hamilton Community

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 $4,698 $378,900 $271,000 $107,900
2023 $4,369 $339,600 $242,000 $97,600
2022 $3,589 $288,600 $210,500 $78,100
2021 $3,732 $261,400 $194,900 $66,500
2020 $3,505 $237,600 $177,200 $60,400
2019 $3,201 $217,000 $156,600 $60,400
2018 $3,113 $197,500 $156,600 $40,900
2017 $1,233 $183,700 $156,600 $27,100
2016 $3,092 $197,500 $170,100 $27,400
2014 $2,849 $196,600 $170,100 $26,500
2013 $2,849 $228,100 $195,600 $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $475,000 -5.0% $571 / Sq Ft
06/08/2025 06/08/25 For Sale $500,000 +112.8% $601 / Sq Ft
12/05/2019 12/05/19 Sold $235,000 -4.0% $282 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $244,900 +5.1% $294 / Sq Ft
07/23/2018 07/23/18 Sold $233,000 -2.5% $280 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $239,000 -1.6% $287 / Sq Ft
05/31/2018 05/31/18 Price Changed $242,900 -0.8% $292 / Sq Ft
04/30/2018 04/30/18 Price Changed $244,900 -1.2% $294 / Sq Ft
02/09/2018 02/09/18 For Sale $247,900 +6.4% $298 / Sq Ft
10/02/2014 10/02/14 Sold $233,000 0.0% $280 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $233,000 -- $280 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Ttl Co Llc
Deed $233,000 --
Deed -- Fidelity National Title Comp
Warranty Deed -- None Available
Warranty Deed $238,000 Metropolitan Title
Warranty Deed -- None Available
Warranty Deed $143,000 --
Warranty Deed $131,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,000 New Conventional
Closed $191,600 New Conventional
Previous Owner $209,700 New Conventional
Previous Owner $182,400 New Conventional
Previous Owner $214,200 New Conventional
Previous Owner $118,000 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202521709

Indiana Regional MLS

APN: 76-10-28-340-132.000-010