250' of Lake Wawasee Channel Frontage, 19 Boat Slips & Rental Income Potential! Enjoy waterfront living with the added benefit of an established boat-slip rental opportunity! This beautifully remodeled 4-bedroom, 2.5-bath ranch offers convenient access to Lake Wawasee, Indiana's largest natural lake, along with 250' of channel frontage and 19 boat slips, including 17 currently rented and 2 available for personal use. Located on the desirable west side of Lake Wawasee, the property offers an appealing combination of updated living space, boating convenience & income potential. Inside, the spacious single-level floor plan features fresh paint, new luxury vinyl plank flooring, updated trim & abundant natural light. The updated kitchen offers white custom cabinetry, granite countertops, custom tile backsplash & a large corner island with seating. The adjoining dining area & generous living room provide comfortable spaces for gathering and entertaining, with large windows overlooking the channel. The primary suite features a walk-in closet & updated private bath with custom walk-in shower and new vanity. Three additional bedrooms provide flexibility for family, guests or a home office, while the updated guest bath includes a dual vanity & new tub/shower combination. A dedicated laundry room is located near the entry. One of the property's standout features is the oversized attached garage, offering exceptional space for vehicles, lake toys, storage or a workshop, plus a convenient half bath. Outside, enjoy the spacious lawn, waterfront fire pit, extensive pier space & easy boating access to Lake Wawasee. With 17 boat slips currently rented, the property offers an established income opportunity that may help offset ownership expenses while allowing you to enjoy your own waterfront retreat. Whether you're looking for a year-round residence, weekend lake home or waterfront investment, this property offers an attractive combination of comfortable living, boating access & rental income potential. Lake Wawasee living with room for your boats and income potential from 19 boat slips!
Active
$700,000
11696 N Treasure Island Rd, Cromwell, IN 46732
4beds
1,968sqft
Single Family Residence
Built in 1969
0.4 Acres Lot
$675,600 Zestimate®
$--/sqft
$10/mo HOA
What's special
Spacious lawnOversized attached garageAdjoining dining areaThree additional bedroomsWaterfront fire pitGranite countertopsAbundant natural light
- 3 days
- 351
- 28
Zillow last checked:
Listing updated:
Listed by:
Angela Racolta Cell:317-750-1600,
Encore Sotheby's International Realty,
Molly Slone,
Encore Sotheby's International Realty
Source: IRMLS,MLS#: 202644107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 4
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 165
- Dimensions: 11 x 15
Kitchen
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Living room
- Level: Main
- Area: 360
- Dimensions: 24 x 15
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer, Dryer-Electric, Water Softener Owned
- Laundry: Electric Dryer Hookup, Main Level
Features
- 1st Bdrm En Suite, Walk-In Closet(s), Countertops-Solid Surf, Entrance Foyer, Open Floorplan, Double Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room
- Flooring: Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
- Finished area above ground: 1,968
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Garage Utilities, Asphalt
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake, Pier/Dock, Canal Front, Access to Ski Lake
- Body of water: Lake Wawasee
- Frontage length: Channel/Canal Frontage(250),Water Frontage(250)
Lot
- Size: 0.4 Acres
- Dimensions: 86 x 200
- Features: Corner Lot, Level, 0-2.9999, Lake, Landscaped
Details
- Additional parcels included: 4304-13-404-782.000-025
- Parcel number: 430413404747.000025
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shingle Siding, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Enchanted Hills
HOA
- Has HOA: Yes
- HOA fee: $125 annually
Location
- Region: Cromwell
Financial & listing details
- Tax assessed value: $376,200
- Annual tax amount: $6,311
- Date on market: 10/24/2026
- Listing terms: Cash,Conventional
Estimated market value
$675,600
$642,000 - $709,000
$2,228/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2026 | Listed for sale | $700,000+274.3% |
Source: | ||
| 5/17/2014 | Listing removed | $187,000$95/sqft |
Source: Todd Realty #549708 Report a problem | ||
| 4/11/2014 | Listed for sale | $187,000-5.6%$95/sqft |
Source: Todd Realty #549708 Report a problem | ||
| 10/5/2013 | Listing removed | $198,000$101/sqft |
Source: Todd Realty #549708 Report a problem | ||
| 6/11/2013 | Price change | $198,000-3.4%$101/sqft |
Source: Todd Realty #549708 Report a problem | ||
| 4/4/2013 | Listed for sale | $205,000-14.4%$104/sqft |
Source: Todd Realty #549708 Report a problem | ||
| 11/13/2010 | Listing removed | $239,500$122/sqft |
Source: Todd Realty #26159 Report a problem | ||
| 4/10/2010 | Listed for sale | $239,500$122/sqft |
Source: Todd Realty #26159 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,821 +2.2% | $376,200 +17.7% |
| 2024 | $2,759 +13.2% | $319,700 +4.2% |
| 2023 | $2,437 +22.6% | $306,800 +15.2% |
| 2022 | $1,988 +17.4% | $266,300 +23.8% |
| 2021 | $1,694 -13.4% | $215,100 +7.3% |
| 2020 | $1,956 +8.3% | $200,500 -2.5% |
| 2019 | $1,807 +5.5% | $205,600 +3.6% |
| 2018 | $1,713 +14.7% | $198,400 +7.8% |
| 2017 | $1,493 -4.3% | $184,000 |
| 2016 | $1,561 +115.1% | $184,000 +8.6% |
| 2014 | $726 -9.3% | $169,400 -3.4% |
| 2013 | $800 +14.4% | $175,300 +0.9% |
| 2012 | $700 -7.8% | $173,800 -13.7% |
| 2011 | $759 -16.2% | $201,400 -5.8% |
| 2010 | $905 +18.7% | $213,900 |
| 2009 | $763 +16.9% | $213,900 +2.1% |
| 2007 | $652 | $209,500 +11.2% |
| 2006 | -- | $188,400 +21.7% |
| 2005 | -- | $154,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46732
Nearby schools
Schools provided by the listing agent
- Elementary: Syracuse
- Middle: Wawasee
- High: Wawasee
- District: Wawasee
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




