4237 W 500 S Albion, IN 46701
Estimated payment $4,357/month
Highlights
- Popular Property
- Pier or Dock
- Primary Bedroom Suite
- 65 Feet of Waterfront
- Spa
- Open Floorplan
About This Home
Experience luxury lakefront living in this stunning 4-bed, 2.5-bath retreat on Big Lake. Enter from the covered front porch and be greeted by an abundance of natural light and breathtaking lake views through a wall of windows in the living room. Thoughtfully updated throughout, the home features luxury vinyl plank flooring on the main level, rounded drywall finishes, fresh paint, automatic blinds, and smart lighting across the first floor. The brand-new designer kitchen showcases a striking waterfall island, stainless steel appliances, and ample cabinet space. The adjacent dining area is perfect for gathering with guests. Just off the two-car garage, you’ll find a convenient half bath and laundry area. Multiple living spaces offer flexibility, including a spacious upper-level lounge that opens to a freshly painted private balcony ideal for taking in sunset views over the water. The main level seamlessly blends indoor and outdoor living, leading to newly completed stamped concrete patios (2025) with a built-in kitchen and a brand-new outdoor grill (2025), perfect for entertaining. The primary suite serves as a private sanctuary, complete with its own patio, dedicated hot tub, and a luxurious en-suite bath featuring double sinks, a beautifully tiled stone walk-in shower, and custom closet organizers delivering a true spa-like experience at home. Upstairs, the expansive bonus room above the garage includes three custom built-in bunk beds, creating the perfect space for memorable weekends at the lake. Additional peace of mind comes with a new geothermal system (2025). With 55 feet of pristine frontage, whether you're enjoying peaceful mornings on the water or lively afternoons during ski hours (1–4 PM), this property embodies the very best of luxury lake life living.
Listing Agent
North Eastern Group Realty Brokerage Phone: 260-609-7344 Listed on: 04/30/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,238
Year Built
- Built in 2008
Lot Details
- 9,513 Sq Ft Lot
- Lot Dimensions are 63x151
- 65 Feet of Waterfront
- Lake Front
- Landscaped
- Level Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Slab Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 3,068 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Tray Ceiling
- Ceiling Fan
- Entrance Foyer
- Carpet
- Fire and Smoke Detector
Kitchen
- Gas Oven or Range
- Kitchen Island
- Laminate Countertops
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Spa
- Lake Property
- Lake, Pond or Stream
- Covered Deck
- Covered Patio or Porch
Schools
- Central Noble Elementary School
- Central Noble Jr/Sr Middle School
- Central Noble Jr/Sr High School
Utilities
- Geothermal Heating and Cooling
- Private Company Owned Well
- Well
Listing and Financial Details
- Assessor Parcel Number 57-19-29-200-036.000-009
Community Details
Recreation
- Pier or Dock
Additional Features
- Big Lake Subdivision
- Community Fire Pit
Map
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 |
|---|---|---|---|---|
| 2025 | $4,238 | $663,800 | $81,900 | $581,900 |
| 2024 | $3,106 | $534,900 | $81,900 | $453,000 |
| 2023 | $3,106 | $526,300 | $78,800 | $447,500 |
| 2022 | $3,335 | $521,100 | $78,800 | $442,300 |
| 2021 | $2,799 | $469,800 | $75,600 | $394,200 |
| 2020 | $2,858 | $434,700 | $69,300 | $365,400 |
| 2019 | $2,320 | $374,200 | $63,000 | $311,200 |
| 2018 | $2,351 | $377,700 | $63,000 | $314,700 |
| 2017 | $2,227 | $358,100 | $63,000 | $295,100 |
| 2016 | $2,086 | $353,300 | $63,000 | $290,300 |
| 2014 | $1,924 | $356,300 | $68,900 | $287,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Sale | $750,000 | +33.9% | $244 / Sq Ft | |
| 05/23/2024 05/23/24 | Sold | $560,000 | 0.0% | $183 / Sq Ft | View Prior Sale |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- | |
| 04/23/2024 04/23/24 | For Sale | $560,000 | +27.3% | $183 / Sq Ft | |
| 11/01/2019 11/01/19 | Sold | $440,000 | -0.9% | $143 / Sq Ft | View Prior Sale |
| 06/13/2019 06/13/19 | For Sale | $444,000 | -- | $145 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | Near North Title Group | |
| Grant Deed | $440,000 | Fidelity National Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $352,000 | Construction |
Source: Indiana Regional MLS
MLS Number: 202615665
APN: 571929200036000009
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Based on information submitted to the MLS GRID
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