Endless possibilities await on this stunning 11+ acre property offering a rare combination of privacy, natural beauty, and convenience. Tucked away among mature trees, this secluded retreat features fenced pasture areas, wooded acreage, and a picturesque natural ravine, creating the perfect setting for country living while remaining just minutes from town. Whether you're looking to enjoy the existing ranch home or build your dream estate, this property provides the space and versatility to make your vision a reality. The home features a spacious Kitchen complete with appliances, Dining Room, Living Room with cozy fireplace, 2 Bedrooms, and 1.5 Baths. The finished basement expands the living space with a large Family Room and kitchenette, ideal for entertaining, guests, or related living opportunities. Outdoor enthusiasts, hobby farmers, and business owners alike will appreciate the exceptional outbuildings. The property includes an oversized garage with loft storage and covered porch area, storage shed, livestock building, and two substantial pole barns. One pole barn offers approximately 986 square feet with a concrete floor and attached lean-to for additional storage. The second pole barn boasts approximately 1,440 square feet with large sliding doors, providing ample room for equipment, vehicles, recreational toys, or workshop space. An additional utility shed is conveniently located behind the garage. A 13-Month HWA Home Warranty is included for added peace of mind. Opportunities like this are hard to find--enjoy the tranquility of country living, abundant storage and workspace, and the potential to create your own private paradise on over 11 beautiful acres in unincorporated Cedar Lake with LOW taxes and Hanover schools!
Active
Price cut: $150K (8/11)
$699,900
12816 Magoun St, Cedar Lake, IN 46303
2beds
1,456sqft
Single Family Residence
Built in 1951
11.03 Acres Lot
$662,600 Zestimate®
$481/sqft
$-- HOA
What's special
Kitchenette ideal for entertainingLivestock buildingWooded acreageStorage shedExceptional outbuildingsDining roomFenced pasture areas
- 83 days
- 345
- 22
Zillow last checked:
Listing updated:
Listed by:
Meagan Skinner,
Coldwell Banker Realty 219-865-9911
Source: NIRA as distributed by MLS GRID,MLS#: 840970
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room, Other Room, Primary Bedroom, Living Room, Laundry, Kitchen, Family Room, Dining Room, Bedroom 2
Primary bedroom
- Level: Main
- Area: 132
- Dimensions: 12.0 x 11.0
Bedroom 2
- Level: Main
- Area: 108
- Dimensions: 12.0 x 9.0
Dining room
- Level: Main
- Area: 81
- Dimensions: 9.0 x 9.0
Family room
- Level: Basement
- Area: 336
- Dimensions: 28.0 x 12.0
Kitchen
- Level: Main
- Area: 126
- Dimensions: 14.0 x 9.0
Laundry
- Level: Main
- Area: 117
- Dimensions: 13.0 x 9.0
Living room
- Level: Main
- Area: 270
- Dimensions: 18.0 x 15.0
Other
- Description: Enclosed Porch
- Level: Main
- Area: 171
- Dimensions: 19.0 x 9.0
Heating
- Forced Air, Propane
Appliances
- Included: Dryer, Washer
- Laundry: Main Level
Features
- Country Kitchen
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Basement, Family Room
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
- Finished area above ground: 1,120
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage Faces Side, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Porch
- Pool features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 11.03 Acres
- Features: Wooded
Details
- Has additional parcels: Yes
- Parcel number: 451520100014000013
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cedar Lake
Financial & listing details
- Price per square foot: $481/sqft
- Tax assessed value: $12,900
- Annual tax amount: $7,089
- Date on market: 6/19/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$662,600
$629,000 - $696,000
$2,163/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $699,900-17.6%$481/sqft |
Source:  NIRA as distributed by MLS GRID #840970 Report a problem | ||
| 6/19/2026 | Listed for sale | $849,900+129.6%$584/sqft |
Source: NIRA as distributed by MLS GRID #840970 Report a problem | ||
| 10/6/2023 | Sold | $370,150+146.9%$254/sqft |
Source: NIRA as distributed by MLS GRID #530783 Report a problem | ||
| 7/25/2023 | Contingent | $149,900$103/sqft |
Source: NIRA as distributed by MLS GRID #530783 Report a problem | ||
| 5/22/2023 | Listed for sale | $149,900$103/sqft |
Source: NIRA as distributed by MLS GRID #530783 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $213 +31.5% | $12,900 |
| 2024 | $162 -2.5% | $12,900 +38.7% |
| 2023 | $166 -1.7% | $9,300 |
| 2022 | $169 +90.8% | $9,300 |
| 2021 | $89 +0.2% | $9,300 +102.2% |
| 2020 | $88 -8.6% | $4,600 |
| 2019 | $97 -4.1% | $4,600 +24.3% |
| 2018 | $101 +28.6% | $3,700 |
| 2017 | $78 | $3,700 |
| 2016 | $78 +14.9% | $3,700 |
| 2014 | $68 -3.3% | $3,700 |
| 2013 | $70 -7.2% | $3,700 +5.7% |
| 2012 | $76 -8.6% | $3,500 |
| 2011 | $83 +34.3% | $3,500 |
| 2010 | $62 | $3,500 -12.5% |
| 2009 | -- | $4,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46303
Nearby schools
Schools provided by the listing agent
- Elementary: Jane Ball Elementary School
- Middle: Hanover Central Middle School
- High: Hanover Central High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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