$575,000
$599,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
0620 E 450 S OLIVER LAKE Wolcottville, IN 46795
0.3 Acres Lot
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type House
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202446282
Sold Date 01/27/25
Year Built 1961
Annual Tax Amount $2,893
Tax Year 2024
Lot Size 0.300 Acres
Property Sub-Type House
Property Description
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 BULTERS 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.
Location
State IN
County Lagrange County
Area Lagrange County
Direction STATE ROAD 9 SOUTH, TURN RIGHT ON 450 S AND FOLLOW TO PROPERTY ON LEFT.
Interior
Flooring Laminate, Tile
Appliance Building, Furniture, Land, Other
Laundry , 8
Exterior
Waterfront Description Lake
Roof Type Asphalt,Shingle
Total Parking Spaces 8
Building
Story 1
New Construction No
Others
Financing Cash,Conventional,Second Mortgage,VA,Other
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IDX information provided by the Indiana Regional MLS
Bought with Daniel Orlando • Mike Thomas Associates