$190,000
SOLD NOV 20, 2025

4880 S 550 E Knox, IN 46534

3 Beds
2 Baths
2,112 Sq Ft
0.66 Acres

Recently Sold

$90 Per Sq Ft

21% Below List Price

80 Days on Market

Highlights

  • Views of Trees
  • Wooded Lot
  • No HOA
  • Deck
  • Wood Flooring
  • Wood Frame Window

About This Home

As of November 2025

Discover the perfect blend of rustic charm and modern comfort in this beautifully tucked-away home near Bass Lake. Nestled among the trees, this 3-bedroom, 2-bath retreat offers over 2,000 square feet of inviting living space, ideal as a year-round residence or a peaceful weekend escape. The heart of the home is the soaring family room featuring a floor-to-ceiling brick fireplace--wood or gas burning--for cozy nights by the fire. A unique floating wooden staircase leads to a spacious loft area, perfect for a home office, playroom, or additional lounge space. The main level includes three comfortable bedrooms, a full bath, a bright and functional kitchen, a generous dining area. There is also a second living space; perfect for entertaining or relaxing with family. Step outside and enjoy the peaceful surroundings from the private back deck or unwind beneath the front pergola sitting area, where you will admire lots of wildlife. Additional highlights include a one-car attached garage, a storage shed, and a paved asphalt driveway. Surrounded by wildlife and just a short walk to the lake, this hidden gem offers the best of both nature and convenience. A rare opportunity to own your own piece of paradise near Bass Lake!

Last Agent to Sell the Property

Suzann McLaughlin

Binkley Real Estate License #RB14051054 Listed on: 07/25/2025

Last Buyer's Agent

Anna Niziolek

McColly Real Estate License #RB14040109

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1956

Lot Details

  • 0.66 Acre Lot
  • Landscaped
  • Wooded Lot
  • Additional Parcels

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Trees
  • Rural

Interior Spaces

  • 2,112 Sq Ft Home
  • 1.5-Story Property
  • Wood Frame Window
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Bedroom
  • Accessibility Features

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Rear Porch

Schools

  • Knox Community Elementary School
  • Knox Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 751012403028000002
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level, Laundry Room
  • ResoLotFeatures: Back Yard, Wooded, Private, Landscaped, Front Yard
  • ResoPoolFeatures: None
  • Reso View: Rural, Trees/Woods
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1406
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 2112
  • Reso Accessibility Features: Accessible Bedroom
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Property Attached Yn: No
  • ResoWindowFeatures: Wood Frames
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Entrance Foyer
  • Basement: Crawl Space
  • Flooring: Carpet, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fire Pit, Storage, Private Yard
  • Acres: 0.664
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Rear Porch, Patio
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Kitchen Level, Driveway, Additional Parking, Garage Door Opener

Utilities

  • Sewer: None
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Knox

Lot Info

  • Lot Size Sq Ft: 28923.84
  • Additional Parcels: Yes
  • Parcel #: 751012403028000002

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1244

MLS Schools

  • HighSchool: Knox Community High School
  • Elementary School: Knox Community Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2025
Closed on
Nov 14, 2025
Sold by
Burgner Eunice M
Bought by
Baranowski Marcin W and Papke Greg K
Seller's Agent
Suzann McLaughlin
Binkley Real Estate
Buyer's Agent
Anna Niziolek
McColly Real Estate
List Price
$239,900
Sold Price
$190,000
Premium/Discount to List
-$49,900
-20.8%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Sold $190,000 -9.5% $90 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
09/23/2025 09/23/25 Price Changed $209,900 -4.6% $99 / Sq Ft
08/18/2025 08/18/25 Price Changed $220,000 -8.3% $104 / Sq Ft
07/25/2025 07/25/25 For Sale $239,900 -- $114 / 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 $1,228 $187,100 $16,700 $170,400
2023 $1,161 $169,100 $15,200 $153,900
2022 $1,159 $153,900 $14,500 $139,400
2021 $970 $126,700 $14,500 $112,200
2020 $836 $113,400 $14,500 $98,900
2019 $832 $105,600 $14,500 $91,100
2018 $759 $101,400 $13,200 $88,200
2017 $686 $97,100 $13,200 $83,900
2016 $655 $93,900 $13,200 $80,700
2014 $695 $102,800 $13,200 $89,600
2013 $662 $102,200 $13,200 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 824946

Northwest Indiana Association of REALTORS®

APN: 75-10-12-403-028.000-002