Active

$375,000

307 S 50 W, Albion, IN 46701

4beds

3,024sqft

$2,344/mo

Get pre-qualified

Single Family Residence

Built in 1994

0.92 Acres Lot

$363,400 Zestimate^®

$--/sqft

$29/mo HOA

What's special

Walk-out basementSpacious layoutSerene lake viewsNew deck

**OPEN HOUSE SUNDAY 11AM-2PM 8/23/26**. Discover your dream retreat on Lake Barbara in Albion, Indiana! This stunning 4-bedroom, 2-bathroom lakefront home boasts 3,000+ total square feet, including a walk-out basement, and offers direct access to a ski lake with incredible fishing. The spacious layout provides room for relaxation and entertaining, while the 2-car garage adds convenience. Wake up to serene lake views on your NEW DECK and enjoy peaceful evenings on the waterfront. Whether you’re looking for an everyday escape or a seasonal getaway, this property offers the perfect blend of adventure and tranquility. Embrace lake life with boating, fishing, or simply unwinding in the peaceful setting. Don’t miss this rare opportunity to own a slice of paradise on sought-after Lake Barbara!

3 days

545

31

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 322
Dimensions: 23 x 14

Kitchen

Level: Main
Area: 322
Dimensions: 23 x 14

Living room

Level: Main
Area: 300
Dimensions: 20 x 15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Washer, Dryer-Gas, Electric Range, Gas Water Heater
Laundry: Washer Hookup

Features

Ceiling Fan(s), Main Level Bedroom Suite
Basement: Walk-Out Access,Partially Finished,Concrete
Has fireplace: No

Interior area

Total structure area: 3,360
Total interior livable area: 3,024 sqft
Finished area above ground: 2,240
Finished area below ground: 784

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck
Has view: Yes
On waterfront: Yes
Waterfront features: Waterfront, Lake, Deck on Waterfront, Pier/Dock Available, Lake Front, Ski Lake
Body of water: Barbara Lake
Frontage length: Channel/Canal Frontage(0),Water Frontage(190)

Lot

Size: 0.92 Acres
Dimensions: 200X200
Features: Lake

Details

Parcel number: 571901100019.000009

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1994

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Chain O Lakes

HOA

Has HOA: Yes
HOA fee: $350 annually

Location

Region: Albion

Financial & listing details

Tax assessed value: $309,500
Annual tax amount: $1,734
Date on market: 8/19/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$363,400

$345,000 - $382,000

$2,320/mo

Price history

Date	Event	Price
8/19/2026	Listed for sale	$375,000+4.2%
Source: IRMLS #202633810 Report a problem
3/31/2025	Listing removed	$360,000
Source: IRMLS #202502318 Report a problem
1/24/2025	Listed for sale	$360,000-4%
Source: IRMLS #202502318 Report a problem
1/24/2025	Listing removed	$375,000
Source: IRMLS #202447985 Report a problem
1/6/2025	Price change	$375,000-2.6%
Source: IRMLS #202447985 Report a problem
12/28/2024	Listed for sale	$385,000
Source: IRMLS #202447985 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,437 +23.1%	$309,500 +9.5%
2024	$1,167 -9.4%	$282,600 +13.5%
2023	$1,288 +25.8%	$248,900 +2.6%
2022	$1,023 +16.8%	$242,500 +13.1%
2021	$876 +8.8%	$214,400 +19.1%
2020	$805 +4%	$180,000 +2.9%
2019	$774 +2.4%	$175,000 +3.1%
2018	$756 +0.9%	$169,800 +1.3%
2017	$749 +8.7%	$167,700 -2.4%
2016	$689 +4.3%	$171,800 +3%
2014	$661 -18.9%	$166,800 -3%
2013	$815 +27.8%	$171,900 +10.3%
2012	$638 -18.3%	$155,800 -9.4%
2011	$780 -7.9%	$171,900
2010	$847 +21%	$171,900
2009	$700 -11.8%	$171,900 -1.1%
2007	$793	$173,800 +17.9%
2006	--	$147,400 +12.3%
2005	--	$131,300