Closed

$189,900

4233 W 500 S #57, Albion, IN 46701

1beds

720sqft

Single Family Residence

Built in 1960

6,534 Square Feet Lot

$190,600 Zestimate^®

$--/sqft

$884 Estimated rent

Home value

$190,600

Estimated sales range

Not available

$884/mo

Zestimate^® history

Owner options

List your home for rent

$884/mo

Rent Zestimate^®

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$884/mo

Rent Zestimate^®

Refinance and save

$1,204/mo

Est. payment

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$1,204/mo

Est. payment

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What's special

Charming lake cottage

Charming lake cottage offering one of the best values on Big Lake! Enjoy summer days, quiet evenings, and lasting memories at this cute getaway that has been loved by the same owners for the past 30 years. The property features a great flat lot with easy access to the lake — no steep decline to navigate — plus a 32' pier that stays with the home. Additional highlights include a 4" well and connection to the Tri-Lakes Sewer District. The paddle boat and grill are negotiable, making this an easy opportunity to start enjoying lake life right away. Ready for new owners to love and make it their own!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom 1

Level: Main

Dining room

Area: 0
Dimensions: 0 x 0

Family room

Area: 0
Dimensions: 0 x 0

Kitchen

Level: Main
Area: 88
Dimensions: 8 x 11

Living room

Level: Main
Area: 143
Dimensions: 11 x 13

Heating

None

Cooling

None

Features

Flooring: Carpet
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 720
Total interior livable area: 720 sqft
Finished area above ground: 720
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Fencing: None
Waterfront features: Deck on Waterfront, Frontage Lot, Ski Lake, Lake
Body of water: Big Lake
Frontage length: Channel/Canal Frontage(0),Water Frontage(47)

Lot

Size: 6,534 sqft
Dimensions: 66 X 130
Features: Level, Lake

Details

Additional structures: Shed
Additional parcels included: 1910010900
Parcel number: 571929200034.000009

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin/Cottage
Property subtype: Single Family Residence

Materials

Aluminum Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Well

Community & neighborhood

Community

Community features: Dock

Location

Region: Albion
Subdivision: None

Price history

Date	Event	Price
6/5/2026	Sold	$189,900-5%
Source: IRMLS #202618909 Report a problem
5/29/2026	Pending sale	$199,900
Source: IRMLS #202618909 Report a problem
5/18/2026	Listed for sale	$199,900
Source: IRMLS #202618909 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,571 -0.4%	$119,900 +2.9%
2023	$1,578 +7.3%	$116,500 +1.2%
2022	$1,470 -9.2%	$115,100 +2.4%
2021	$1,619 +14.6%	$112,400 +5.8%
2020	$1,413 -1.7%	$106,200 +9.8%
2019	$1,438 +3.3%	$96,700
2018	$1,392 +3.9%	$96,700 +4%
2017	$1,339 -0.5%	$93,000 +0.8%
2016	$1,346 +23.5%	$92,300 +12.7%
2014	$1,090 -13.5%	$81,900 -0.4%
2013	$1,261 -27.7%	$82,200 -30.7%
2012	$1,745 +30.1%	$118,700 +24.6%
2011	$1,341 -5.7%	$95,300
2010	$1,422 +7.9%	$95,300
2009	$1,318 +182.8%	$95,300 +187.9%
2007	$466	$33,100 -12.7%
2006	--	$37,900 +27.2%
2005	--	$29,800