Skip main navigation
For sale
    • Price cut: $20K (7/10)
    $395,000

    4725 E State Road 427, Hamilton, IN 46742

    5beds
    2,450sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1970
    3.26 Acres Lot
    $381,600 Zestimate®
    $161/sqft
    $-- HOA

    What's special

    Partial basementDouble sided fireplaceDining room areaPond view setting
    Beautiful Pond View Setting! This home features an additional Mother-In-Law Suite/Apartment. Total living space 2,450 sq. ft. Home side features 3 bedrooms, 2 bath, living room, double sided fireplace, kitchen, dining room area, deck, partial basement, and 1 car attached garage. Mother-In-Law/Apartment side features 2 bedrooms,1 bath, living room, kitchen, deck and 1 car attached garage. Many updates on both sides, windows, flooring, kitchen cabinets and appliances, well, septic and more. Both sides have 200 amp power box. One acre fishing/swimming pond out front and 45x28 insulated pole barn with half loft on 3.26 acres. Just 1 mile from Beautiful Downtown Hamilton Lake!
    67 days
    |
    660
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Don Oberlin 260-667-7791,

    Oberlin Real Estate & Auctioneers Inc.

    Source: My State MLS,MLS#: 11741185

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Dining Room, First Floor Bathroom, Kitchen, Laundry Room, Living Room
      Kitchen
      • Features: Open, Laminate Counters
      Basement
      • Area: 728
      Heating
      • Electric, Wood, Baseboard
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Refrigerator, Oven, Water Heater
      Features
      • Flooring: Hardwood, Carpet, Tile, Vinyl
      • Basement: Partial,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 3,178
      • Total interior livable area: 2,450 sqft
      • Finished area above ground: 2,450

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Pond, Street
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Pond
      Lot
      • Size: 3.26 Acres
      • Features: Trees
      Details
      • Additional structures: Barn(s)
      • Parcel number: 761027000023000009
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Aluminum Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Electric: Amps(200)
      • Sewer: Private Septic
      • Water: Well
      • Utilities for property: Naturl Gas Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Hamilton

      Financial & listing details

      • Price per square foot: $161/sqft
      • Tax assessed value: $196,100
      • Annual tax amount: $1,879
      • Date on market: 5/8/2026
      • Date available: 05/04/2026
      • Listing agreement: Exclusive

        Estimated market value

        $381,600

        $363,000 - $401,000

        $2,599/mo

        Price history

        DateEventPrice
        7/10/2026Price change$395,000-4.8%$161/sqft
        Source: My State MLS #11741185 Report a problem
        6/4/2026Price change$415,000-4.6%$169/sqft
        Source: My State MLS #11741185 Report a problem
        5/8/2026Listed for sale$435,000$178/sqft
        Source: My State MLS #11741185 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,879 +5.1%$196,100 +3%
        2024$1,788 -11.8%$190,300 -28.8%
        2023$2,027 +2.7%$267,400 +27.5%
        2022$1,973 -1%$209,700 +20.1%
        2021$1,994 +2.2%$174,600 +0.6%
        2020$1,951 +1.2%$173,600 +0.3%
        2019$1,928 +159.2%$173,100 +6%
        2018$744 -6%$163,300 +1.1%
        2017$791 +2.2%$161,600 +0.9%
        2016$774 +33.2%$160,200 +12.1%
        2014$581 -0.8%$142,900 +3.9%
        2013$586 +11.5%$137,600 +3.5%
        2012$526 +3.9%$132,900 -20%
        2011$506 +11.5%$166,100
        2010$454 -11.4%$166,100 -8.9%
        2009$513 -19.6%$182,300 +6.8%
        2007$638 -25.7%$170,700 +2.6%
        2006$858 $166,300
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 46742

        Getting around

        45 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Hamilton Topics

                Search
                Updates
                Favorites
                Plan
                Inbox