$509,000
$50K PRICE DROP

5010 Terry Lake Rd Hamilton, IN 46742

Estimated payment $2,832/month

Total Views 24,434
3 Beds
1.5 Baths
3,146 Sq Ft
$162 Price per Sq Ft

Highlights

  • 181 Feet of Waterfront
  • Primary Bedroom Suite
  • 1 Fireplace
  • Pier or Dock
  • Lake Property
  • Covered Patio or Porch

About This Home

*Motivated Sellers*Escape to your own private oasis in this stunning waterfront property. With breathtaking views of the lake, a private dock, and plenty of storage space (inside and out), you'll feel like you're on vacation every day. 3 bedroom, 1.5 bathroom spacious floor plan with tons of natural light. The finished basement has tons of storage space. It is plumbed for an additional bathroom in the basement or to have a mother-in-law suite, the possibilities are endless. This home would be perfect for entertaining with the massive decks overlooking the lake and backyard. Well maintained and updated over the years. Several updates have been made to the home, including new composite decking. Come see this beautiful, well cared for property! With space for everyone, this home has everything you need to make memories that will last a lifetime.

Listing Agent

Jessica Koegler

Mike Thomas Associates, Inc. Listed on: 08/07/2024

Mike Thomas Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1994

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 101.5x278
  • 181 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

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

Location

  • Suburban Location

Schools

  • Hamilton Elementary And Middle School
  • Hamilton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 17-03-03-151-006.000-006
  • Seller Concessions Not Offered

Community Details

Overview

  • Terry Lake Estates Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,440

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1994
  • Age: 31
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Terry Lake Est Sub Div Op (0.19+0.03 Acres R/W, 0.42+0.05 Acres R/W)
  • Parcel Number ID: 17-03-03-151-006.000-006
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceiling Fan(s), Deck Open, Porch Covered, Utility Sink, Stand Up Shower, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Parcel Id2: 17-03-03-151-007.000-006
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3146
  • Total Finished Sq Ft: 3146
  • Above Grade Finished Sq Ft: 1573
  • Below Grade Finished Sq Ft: 1573
  • Price Per Sq Ft: 323.59
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 16x10, On Level: Main
  • Family Room: On Level: Lower
  • Recreation Room: On Level: Lower
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 15x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1573

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 16x8
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 181
  • Water Name: Terry Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 12
  • Water Type: Lake

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: 101.5x278
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Green Features

  • Energy Efficient: Appliances, Windows

Tax Info

  • Annual Taxes: 1440
  • Exemptions: Homestead

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 $16 $0 $0 $0
2023 $16 $0 $0 $0
2022 $16 $0 $0 $0
2021 $0 $0 $0 $0
2020 $16 $0 $0 $0
2019 $151 $6,900 $6,900 $0
2018 $158 $6,900 $6,900 $0
2017 $154 $6,900 $6,900 $0
2016 $158 $6,900 $6,900 $0
2014 $118 $6,900 $6,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 Price Changed $509,000 -1.0% $162 / Sq Ft
08/05/2025 08/05/25 Price Changed $514,000 -1.0% $163 / Sq Ft
07/23/2025 07/23/25 Price Changed $519,000 -1.0% $165 / Sq Ft
06/21/2025 06/21/25 Price Changed $524,000 -0.9% $167 / Sq Ft
05/22/2025 05/22/25 Price Changed $529,000 -0.9% $168 / Sq Ft
05/02/2025 05/02/25 Price Changed $534,000 -0.9% $170 / Sq Ft
03/28/2025 03/28/25 Price Changed $539,000 -3.6% $171 / Sq Ft
08/07/2024 08/07/24 For Sale $559,000 -- $178 / Sq Ft
Source: Indiana Regional MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $245,000 New Conventional
Closed $170,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202429836

Indiana Regional MLS

APN: 17-03-03-151-007.000-006