This 3-bedroom, 2-bath, two story home on Diamond Lake is the perfect waterfront property, offering a blend of relaxation & recreation. The main level features a spacious primary suite complete with a private ensuite bathroom & walk-in closet. The kitchen offers a dining area, along with an additional full bathroom off to the side. The inviting living room opens directly onto the rear second-story deck, where you can relax while taking in the stunning lake views. Upstairs, you'll find two additional bedrooms, providing comfortable accommodations for family or guests. Additional amenities include a yard barn for extra storage, a carport, as well as parking for 3 cars. With direct access to Diamond Lake, which is a 10mph lake only with great fishing!
Active
Price cut: $10K (8/14)
$189,900
5303 W 650 N, Wawaka, IN 46794
3beds
1,440sqft
Single Family Residence
Built in 1930
2,831 Square Feet Lot
$185,000 Zestimate®
$--/sqft
$5/mo HOA
What's special
Waterfront propertyRear second-story deckSpacious primary suiteTwo additional bedroomsStunning lake viewsPrivate ensuite bathroomWalk-in closet
- 67 days
- 1,513
- 114
Zillow last checked:
Listing updated:
Listed by:
Chad Metzger chad@metzgerauction.com,
Metzger Property Services, LLC
Source: IRMLS,MLS#: 202625397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Kitchen
- Level: Main
- Area: 480
- Dimensions: 20 x 24
Living room
- Level: Main
- Area: 224
- Dimensions: 14 x 16
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Walk-In Closet(s), Eat-in Kitchen, Stand Up Shower, Main Level Bedroom Suite
- Flooring: Carpet, Laminate, Tile
- Doors: Six Panel Doors
- Basement: Crawl Space,Partial,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,440 sqft
- Finished area above ground: 1,440
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, Pier/Dock, Walk to Lake Access, Deeded, Lake Front, Non Ski Lake
- Body of water: Diamond Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(41)
Lot
- Size: 2,831 Square Feet
- Dimensions: 43x63
- Features: Rolling Slope, 0-2.9999, Lake, Rural Subdivision
Details
- Additional structures: Shed(s), Shed
- Parcel number: 570331200096.000006
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: REMC
- Gas: Other
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Diamond Lake
HOA
- Has HOA: Yes
- HOA fee: $60 annually
Location
- Region: Wawaka
Financial & listing details
- Tax assessed value: $141,000
- Annual tax amount: $604
- Date on market: 6/26/2026
- Road surface type: Paved
Estimated market value
$185,000
$176,000 - $194,000
$1,184/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $189,900-5% |
Source: | ||
| 7/21/2026 | Listed for sale | $199,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $579 +2% | $141,000 +8.8% |
| 2024 | $568 -3.4% | $129,600 +2.8% |
| 2023 | $588 +5.4% | $126,100 +4.6% |
| 2022 | $558 +25.9% | $120,500 +6.9% |
| 2021 | $443 +4.9% | $112,700 +19.4% |
| 2020 | $422 +5.5% | $94,400 +4.2% |
| 2019 | $400 +0.8% | $90,600 +2.8% |
| 2018 | $397 +12.5% | $88,100 +0.8% |
| 2017 | $353 +9.1% | $87,400 +1.3% |
| 2016 | $324 +7.9% | $86,300 +9.1% |
| 2014 | $300 -7.5% | $79,100 -0.9% |
| 2013 | $324 +6.9% | $79,800 +2.8% |
| 2012 | $303 +14.9% | $77,600 +13.6% |
| 2011 | $264 -13.7% | $68,300 -2.3% |
| 2010 | $306 +18.9% | $69,900 |
| 2009 | $257 -13.9% | $69,900 -2.5% |
| 2007 | $299 | $71,700 +0.7% |
| 2006 | -- | $71,200 +3.2% |
| 2005 | -- | $69,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46794
Nearby schools
Schools provided by the listing agent
- Elementary: West Noble
- Middle: West Noble
- High: West Noble
- District: West Noble Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



