$245,000
$10K PRICE DROP

4567 W B Dr Albion, IN 46701

Estimated payment $1,407/month

Total Views 31,831
3 Beds
1 Bath
900 Sq Ft
$272 Price per Sq Ft

Highlights

  • Pier or Dock
  • Access To Lake
  • Ranch Style House
  • Public Beach
  • Lake Property
  • Covered Patio or Porch

About This Home

Welcome to your dream home in the Bear Lake subdivision! This completely rebuilt in 2024, 3-bedroom, 1-bath home offers modern comforts, stunning natural surroundings, and the opportunity to customize key details to make it truly yours. From the moment you arrive, you’ll be captivated by the expansive custom front deck, perfect for watching breathtaking sunsets over Bear Lake. Step inside to a bright, open-concept living space that flows seamlessly into a spacious eat-in kitchen. The stylish flooring and cabinetry create a warm and inviting atmosphere, while the cabinets await your choice of hardware to add a personal touch. The home features three generously sized bedrooms and a large bathroom with built-in storage. A dedicated laundry area with washer/dryer hookups sits at the rear of the home, along with space to potentially add a half bath. Plus, the attic has been designed with the potential to add a loft for extra living space or an additional bedroom. With all major upgrades already completed, this home is truly move-in ready! Enjoy peace of mind with a brand-new metal roof, vinyl siding, energy-efficient windows, new well, HVAC system, and on-demand hot water heater. If you love the outdoors, Bear Lake is just a short walk away! This 136-acre natural lake offers fantastic bluegill fishing, and with over 75% of its shoreline protected from future development, you’ll always enjoy its unspoiled beauty. Plus, Bear Lake is home to Indiana’s only privately owned public beach—a true hidden gem! For those who need space for outdoor gear and hobbies, the large Quonset hut garage provides ample storage for all your toys and equipment. Don’t miss this rare opportunity to own a brand-new, customizable home with exclusive lake access in a serene and scenic setting. Schedule your private tour today!

Listing Agent

Wade Griffin

North Eastern Group Realty Brokerage Phone: 260-615-4281 Listed on: 03/15/2025

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1950

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 80x80
  • Public Beach
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Access To Lake
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Albion Elementary School
  • Central Noble Jr/Sr Middle School
  • Central Noble Jr/Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 57-19-17-400-053.000-009

Community Details

Overview

  • Bear Lake Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 75
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: REPLAT OF LAKESHORE ADD BEAR LAKE LOT 44
  • Parcel Number ID: 57-19-17-400-053.000-009
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Porch Covered, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1500
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Above Grade Unfinished Sq Ft: 600
  • Price Per Sq Ft: 272.22
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x15, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock, Public Beach, Walk to Lake Access
  • Water Name: Bear Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x20
  • Garage Sq Ft: 600
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx15, On Level: 13
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Central Noble Community
  • Elementary School: Albion
  • Middle School: Central Noble Jr/Sr
  • High School: Central Noble Jr/Sr
  • Elementary School: Albion

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80X80
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 44

Tax Info

  • Annual Taxes: 891

MLS Schools

  • High School: Central Noble Jr/Sr
  • Middle School: Central Noble Jr/Sr
  • School District: Central Noble Community

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $934 $71,300 $16,800 $54,500
2023 $959 $66,100 $15,300 $50,800
2022 $905 $66,000 $15,300 $50,700
2021 $772 $59,000 $14,600 $44,400
2020 $802 $52,600 $12,200 $40,400
2019 $760 $52,000 $12,400 $39,600
2018 $754 $50,700 $12,400 $38,300
2017 $745 $50,300 $12,400 $37,900
2016 $793 $55,300 $12,400 $42,900
2014 $702 $52,700 $12,400 $40,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $245,000 -1.8% $272 / Sq Ft
05/19/2025 05/19/25 Price Changed $249,500 -2.2% $277 / Sq Ft
03/15/2025 03/15/25 For Sale $255,000 +363.6% $283 / Sq Ft
12/01/2023 12/01/23 Sold $55,000 0.0% $82 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $55,000 +107.5% $82 / Sq Ft
08/10/2017 08/10/17 Sold $26,500 -1.9% $39 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
07/30/2017 07/30/17 For Sale $27,000 -- $40 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $55,000 Centurion Land Title Inc
Grant Deed -- Attorney Only
Deed $15,000 Fidelity National Title
Source: Public Records

About the Listing Agent

Wade Griffin

North Eastern Group Realty

(260) 306-9857

Section Image

Prior to joining North Eastern Group, Wade was a Portfolio Manager for a property management company in Portland, Oregon. He has had a long career in the housing industry from home maintenance to management. His love for real estate is infectious, and he uses his vast knowledge, effective communication, and strong work ethic to help guide his clients through the buying, building, or selling process. He enjoys connecting with people and his goal is to make the process as smooth as possible.

Wade's Other Listings

  • 322 Hamilton Meadows Cove, Fort Wayne, IN 46814

    $249,500

    • 3 Beds
    • 2 Baths
    • 1,342 Sq Ft
    • 322 Hamilton Meadows Cove
    • Fort Wayne, IN

    Nestled in the desirable Hamilton Meadows neighborhood and located within the sought-after SWAC school district, this charming 3-bedroom, 2-bath ranch offers comfortable, open-concept living and is ready for its next owner. Vaulted ceilings in the living room enhance the sense of space, while abundant natural light creates a bright and welcoming atmosphere. The home features three generously

    Wade Griffin North Eastern Group Realty

    Section Image
  • 2203 Crescent Ave, Fort Wayne, IN 46805

    $179,900 Pending

    • 4 Beds
    • 1 Bath
    • 1,632 Sq Ft
    • 2203 Crescent Ave
    • Fort Wayne, IN

    Don't miss your chance to own this charming brick home in the heart of Forest Park. This 4-bedroom, 1-bath residence offers timeless character with original hardwood floors, an inviting enclosed front porch, and a spacious backyard perfect for entertaining. Step inside to a bright and airy porch that welcomes you into a large family room featuring gleaming hardwood floors and a beautiful wooden

    Wade Griffin North Eastern Group Realty

    Section Image
  • 7014 Raintree Rd, Fort Wayne, IN 46825

    $204,000 Sold May 19, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,392 Sq Ft
    • 7014 Raintree Rd
    • Fort Wayne, IN

    *We have multiple offers and are asking highest and best by 7p 4/17/25* Welcome to this delightful 3-bedroom, 1.5-bath ranch nestled in the desirable Northrop school district. Step inside to a spacious living room filled with natural light, creating a warm and inviting atmosphere from the moment you walk in. Just beyond, you’ll find a bright eat-in kitchen and a generously sized family room

    Wade Griffin North Eastern Group Realty

  • 1820 Reed Rd, Fort Wayne, IN 46815

    $350,000 Sold Nov 21, 2024

    • 3 Beds
    • 3 Baths
    • 2,342 Sq Ft
    • 1820 Reed Rd
    • Fort Wayne, IN

    Completely renovated 3 bedroom ranch with walk out basement and 2 living spaces. Updates include new flooring, new appliances, new ac, furnace, new pantry, new counters, faucets, light fixtures. This home includes an outbuilding that can be used to run your own business or storage only.

    Wade Griffin North Eastern Group Realty

  • 5306 Blossom Ridge, Fort Wayne, IN 46835

    $238,500 Sold Jul 24, 2025

    • 2 Beds
    • 2 Baths
    • 1,551 Sq Ft
    • 5306 Blossom Ridge
    • Fort Wayne, IN

    Welcome to this beautifully updated 2-bedroom, 2-bathroom villa with a versatile loft, offering the perfect blend of comfort and style. Step through the front door and be greeted by soaring cathedral ceilings and a bright, inviting foyer. The spacious living room boasts an elegant stone fireplace, creating a warm and welcoming atmosphere. To the left, a generous loft space provides endless

    Wade Griffin North Eastern Group Realty

  • 2521 E Saint Thomas Point, Fort Wayne, IN 46815

    $264,500 Sold Jul 25, 2025

    • 3 Beds
    • 2 Baths
    • 2,169 Sq Ft
    • 2521 E Saint Thomas Point
    • Fort Wayne, IN

    Don’t miss your opportunity to own this beautifully maintained 3-bedroom, 2-bath villa with over 2,100 square feet of living space in the desirable Lakes of Buckingham community! Step inside and you’ll be welcomed by impressive 15-foot vaulted ceilings accented with a handsome wood beam and a stunning floor-to-ceiling brick fireplace that anchors the spacious living area. The open-concept layout

    Wade Griffin North Eastern Group Realty

  • 2802 Arch Tree Place, Fort Wayne, IN 46815

    $250,000 Sold Aug 26, 2025

    • 3 Beds
    • 2 Baths
    • 1,478 Sq Ft
    • 2802 Arch Tree Place
    • Fort Wayne, IN

    Here’s your opportunity to own a fantastic, move-in ready ranch in the desirable Hollows neighborhood of Northeast Fort Wayne. With nearly 1,500 square feet of living space, this 3-bedroom, 2-bath home offers a spacious and functional layout, perfect for entertaining. The inviting family room features a stunning beamed cathedral ceiling, a gorgeous stone wood-burning fireplace with blower for

    Wade Griffin North Eastern Group Realty

  • 8815 Jonathon Place, New Haven, IN 46774

    $317,500 Sold Sep 23, 2024

    • 4 Beds
    • 2.5 Baths
    • 2,206 Sq Ft
    • 8815 Jonathon Place
    • New Haven, IN

    This stunning 2-story home immediately captivates with its inviting wrap-around porch and sleek metal roof, offering timeless curb appeal. Step through the brand-new front door into an elegant formal living room, which seamlessly flows into a beautifully adorned formal dining room—perfect for hosting gatherings. The heart of the home is the spacious, recently updated eat-in kitchen, featuring

    Wade Griffin North Eastern Group Realty

  • 8235 Adams Center Rd, Fort Wayne, IN 46816

    $385,000 Sold Sep 27, 2024

    • 4 Beds
    • 2.5 Baths
    • 2,014 Sq Ft
    • 8235 Adams Center Rd
    • Fort Wayne, IN

    Experience the perfect blend of charm and modern comfort in this beautifully updated Cape Cod-style home, set on over 4 acres of tranquil, partially wooded land. This property offers a serene homestead oasis where nature and luxury seamlessly coexist. As you step through the front door, you're greeted by a warm and inviting entryway that opens up to the heart of the home—a spacious, eat-in

    Wade Griffin North Eastern Group Realty

Source: Indiana Regional MLS

MLS Number: 202508432

Indiana Regional MLS

APN: 571917400053000009