$399,000

605 E Val Ln Marion, IN 46952

Estimated payment $2,216/month

Total Views 1,046
4 Beds
2 Baths
2,194 Sq Ft
$182 Price per Sq Ft

Highlights

  • Very Popular Property
  • Boat Dock
  • Fireplace in Bedroom
  • 35 Feet of Waterfront
  • Heavily Wooded Lot
  • Lake, Pond or Stream

About This Home

Welcome home to your own private retreat! This beautifully maintained property has been lovingly cared for by a meticulous owner-the kind every buyer hopes to find-who has kept up with updates and routine maintenance on all mechanicals. With over $86,000 in quality upgrades: a newer roof, newer well, and newer washer and dryer, plus much more has been done for you. Step into the spacious sunroom and take in the serene lake views-a peaceful setting where you can truly unwind. Paddle boats and a canoe are included, so you can start enjoying the water from day one. The home sits on a solid foundation and features gorgeous landscaping, two sheds, a carport, and a two-car garage for all your storage and parking needs. Whether you're sipping your morning coffee with a lake view or enjoying a sunset paddle, this home offers the lifestyle you've been dreaming of-move-in ready and worry-free.

Listing Agent

Peter Khosla

Peter Khosla, Inc Brokerage Phone: 219-405-7896 Listed on: 08/15/2025

Co-Listing Agent

Christina Peters Cassell

Peter Khosla, Inc Brokerage Phone: 219-405-7896

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1965

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 120 x 190
  • 35 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2 Fireplaces
  • Home Security System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Double Vanity
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Sun Deck
  • Dock Rights
  • Lake, Pond or Stream

Schools

  • Allen/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 27-02-29-204-016.000-032
  • Seller Concessions Not Offered

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Boat Dock
  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$508

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1965
  • Age: 60
  • Style: Tri-Level
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M LOT 5 WAGNER LAKE ADD M PT N NW SEC 29; 0.05 A PS
  • Parcel Number ID: 27-02-29-204-016.000-032
  • Platted: Yes
  • Amenities: Alarm System-Security, Deck Open, Deck on Waterfront, Firepit, Twin Sink Vanity, Stand Up Shower
  • Number Below Grade Bedrooms: 1
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2194
  • Total Finished Sq Ft: 2194
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Finished Sq Ft: 682
  • Price Per Sq Ft: 263.89
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 2
  • Fireplace: Extra Rm, Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 14x20, On Level: Lower
  • Bedroom 1: Dimensions: 14x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x15, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Lower
  • Other Room1: Dinning Room, Dimensions: 10x11, On Level: Main
  • Other Room 2: Sun Room, Dimensions: 24x11
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 682

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: Garden Shed, Dimensions: 8x11
  • Lake Type: Non Ski Lake
  • Outbuilding2: Shed, Dimensions: 12x10, 120
  • Water Features: Boat Docking Rights, Pier/Dock
  • Water Frontage: 35

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x25
  • Garage Sq Ft: 575
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx6, On Level: 9
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Dock

Schools

  • School District: Marion Community Schools
  • Elementary School: Allen/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
  • Elementary School: Allen/Justice

Lot Info

  • Lot Description: Heavily Wooded, Partially Wooded, Rolling, Waterfront, Wooded
  • Lot Dimensions: 120 x 190
  • Estimated Lot Sq Ft: 22651
  • Estimated Lot Size Acres: 0.52

Tax Info

  • Annual Taxes: 508.44

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Marion
  • Middle School: McCulloch/Justice
  • School District: Marion Community Schools

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 $508 $233,000 $35,300 $197,700
2023 $337 $219,900 $35,300 $184,600
2022 $256 $192,600 $32,300 $160,300
2021 $65 $171,500 $32,300 $139,200
2020 $23 $167,600 $32,300 $135,300
2019 $0 $159,700 $32,300 $127,400
2018 $0 $152,600 $32,300 $120,300
2017 $0 $145,600 $32,300 $113,300
2016 $101 $134,900 $30,800 $104,100
2014 $101 $136,000 $30,800 $105,200
2013 $101 $142,600 $30,800 $111,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $399,000 -- $182 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Balloon
Open $169,768 VA
Closed $171,000 VA
Closed $157,600 New Conventional
Closed $19,700 Stand Alone Second
Closed $30,000 Stand Alone Second
Closed $144,000 New Conventional
Closed $18,000 Stand Alone Second
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202532385

Indiana Regional MLS

APN: 27-02-29-204-016.000-032