$575,000
SOLD JAN 27, 2025

620 E 450 S Wolcottville, IN 46795

3 Beds
2.5 Baths
1,678 Sq Ft
0.3 Acres

Recently Sold

$343 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • Lake Property
  • 74 Feet of Waterfront
  • Primary Bedroom Suite
  • Fireplace in Bedroom

About This Home

As of January 2025

Experience lakefront living at its finest with this stunning 3-bedroom, 2.5-bathroom home perched on a gently sloping lot overlooking the beautiful Oliver Lake channel. Meticulously maintained and thoughtfully updated over the years, this home offers numerous upgrades, including updated flooring, bathrooms, windows, doors, a newer roof, and a brand-new dock spanning the entire 74 feet of channel frontage. Ideally located at the center of the channel with picturesque views leading to the main lake, this home delivers substantial waterfront charm while benefiting from channel-front tax rates. Offered completely turnkey, this home includes everything you need: beds and linens, towels, toiletries, kitchen dishware, utensils, small appliances, rugs, sofa seating, dining sets, outdoor furniture, paddleboards, and kayaks. **As a bonus,** this property has operated as a successful short-term rental, earning a 5-star rating with over 70 stays and glowing reviews. It's a rare opportunity for homeowners and investors alike! Inside, you’ll find a cozy gas fireplace, a spacious primary suite, and **incredible storage**—rare for any lake home—with an abundance of closets. The open-concept kitchen features updated appliances, floating shelves, and a separate BUTLERS pantry WITH SEPERATE PREP SPACE AND EXCESS BUILT IN STORAGE. A private half bath is conveniently located just off the attached 2-car garage. Outside, the HUGE screened and covered deck (outdoor furniture also included), open-air deck, two grills, and CUSTOM BUILT-IN fire pit THAT WAS ALSO PROFESSIONALLY INSTALLED provide the perfect setting for entertaining. The large waterfront yard sits outside the flood zone and offers plenty of space for family, friends, and guests to spread out and enjoy waterfront living. Additional storage in the separate shed is perfect for lake gear and gardening tools. Oliver Lake is the area's largest natural spring-fed lake, renowned for its exceptionally clear water, sunken island, and access to two additional lakes—one of which is completely undeveloped and home to a county park along its south shore. Don’t miss this incredible opportunity to own a piece of paradise on Oliver Lake. Whether you’re looking for a serene retreat or a property that generates income to offset the cost of a secondary home, this property offers the perfect blend of comfort, beauty, and potential.YOU DO NOT HAVE TO REMOVE PIERS AT THIS LOCATION.

Last Agent to Sell the Property

Daniel Orlando

Mike Thomas Associates Listed on: 12/05/2024

Mike Thomas Associates

Last Buyer's Agent

Daniel Orlando

Mike Thomas Associates Listed on: 12/05/2024

Mike Thomas Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 74 x 169
  • 74 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,678 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Kitchenette
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Dock Rights
  • Lake Property
  • Lake, Pond or Stream
  • Covered Deck
  • Patio

Schools

  • Lakeland Primary Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 44-10-18-200-010.006-010

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,893

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1961
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: DARROW'S 2ND ADD TO OLIVER MEADOWS LOT 15 OLIVER LAKE
  • Parcel Number ID: 44-10-18-200-010.006-010
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Bar, Breakfast Bar, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Deck Open, Deck on Waterfront, Detector-Smoke, Firepit, Garage Door Opener, Kitchen Island, Landscaped, Near Walking Trail, Pantry-Walk In, Patio Covered, Patio Open, Porch Covered, Porch Open, Porch Screened, Kitchenette, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Garage-Heated
  • Location: Lake, Rural, Rural Subdivision, Near Walking Trail
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1678
  • Total Finished Sq Ft: 1678
  • Above Grade Finished Sq Ft: 1678
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Dining Rm, Living/Great Rm, 1st Bdrm, Electric, Gas Log
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 20x11, On Level: Main
  • Kitchen: Dimensions: 14x16, On Level: Main
  • Dining Room: Dimensions: 11x16, On Level: Main
  • Bedroom 1: Dimensions: 14x18, On Level: Main
  • Bedroom 2: Dimensions: 14x15, On Level: Main
  • Bedroom 3: Dimensions: 12x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x10, 810
  • Lake Type: Ski Lake
  • Sea Wall Type: Rip Rap
  • Water Features: Boat Docking Rights, Pier/Dock, Deeded
  • Water Frontage: 74
  • Water Name: Oliver Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x18
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Schools

  • Elementary School: Lakeland Primary

Lot Info

  • Lot Description: Slope, Waterfront, 0-2.9999, Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 74 X 169
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 2893

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 27, 2025
Sold by
Smith Todd K and Marita Dwight-Smith
Bought by
Dupont At Oliver Llc
Seller's Agent
Daniel Orlando
Mike Thomas Associates
Buyer's Agent
Daniel Orlando
Mike Thomas Associates
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
22
Current Estimated Value
$565,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,846
Avg. Annual Appreciation
-1.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $575,000 -4.2% $343 / Sq Ft
12/05/2024 12/05/24 For Sale $599,900 +26.3% $358 / Sq Ft
12/22/2021 12/22/21 Sold $475,000 -5.0% $283 / Sq Ft View Prior Sale
11/09/2021 11/09/21 For Sale $499,900 -- $298 / Sq Ft
Source: Indiana Regional MLS

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 $2,928 $351,800 $71,300 $280,500
2023 $2,893 $341,800 $69,300 $272,500
2022 $2,989 $327,900 $67,300 $260,600
2021 $2,335 $266,600 $67,300 $199,300
2020 $1,061 $256,000 $62,900 $193,100
2019 $1,061 $252,500 $62,900 $189,600
2018 $989 $225,400 $62,900 $162,500
2017 $2,189 $209,600 $62,900 $146,700
2016 $2,149 $209,600 $62,900 $146,700
2014 $1,906 $188,100 $62,900 $125,200
2013 $1,906 $189,500 $62,900 $126,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202446281

Indiana Regional MLS

APN: 44-10-18-200-010.006-010