$599,900
For Sale

0620 E 450 S Oliver Lake

Wolcottville, IN 46795
1678 sqft | 3 beds | 2 baths | #202446281
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

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 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.

  • Property Details
      • CountyLaGrange County
      • Property SubtypeSite-Built Home
      • MLS #202446281
      • MLS #202446281
      • Property TypePurchase
      • Cost599900
      • Square Feet1678
      • Year Built1961
      • Bedrooms3
      • Bathrooms2

Location

Indiana Home Team RealtorsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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