Lakefront Paradise on Morse Reservoir - 4.9 Wooded Acres!! Discover the ultimate waterfront retreat with this stunning 4.9-acre wooded lot on Morse Reservoir. Boasting approximately 1,200 feet of water frontage, this rare property offers breathtaking views from a scenic point while also providing the option for a more secluded cove setting. Whether you envision a dream home perched atop the point with panoramic water views or a private escape nestled in the trees, this property delivers endless possibilities. With ample space, mature trees, and direct water access, this is a once-in-a-lifetime opportunity to create your perfect lakeside oasis. Don't miss your chance to own a slice of paradise on Morse Reservoir!
Pending
$820,000
88 Cedar Ln, Cicero, IN 46034
--beds
--baths
4.9Acres
Unimproved Land, Residential Lots
Built in ----
4.9 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Direct water accessAmple spaceMature trees
- 97 days |
- 126 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Stacy Hall 317-432-6484,
Real Broker, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22028564
Facts & features
Property
Features
- Has view: Yes
- View description: Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Privileges, Lake Front, On Reservoir, Water View, Waterfront
Lot
- Size: 4.9 Acres
- Features: Irregular Lot, Mature Trees, Wooded, Lake Front, Reservoir, Rural In Subdivsion, Water Acces, Water View
- Topography: Wooded
Details
- Additional structures: None
- Parcel number: 290611302009000008
- Zoning: R1
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: None, Well Required
Community & HOA
Community
- Subdivision: Forest Bay
HOA
- Has HOA: Yes
Location
- Region: Cicero
Financial & listing details
- Tax assessed value: $288,200
- Annual tax amount: $4,678
- Date on market: 4/14/2026
- Cumulative days on market: 464 days
- Road surface type: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $820,000 |
Source:  MIBOR as distributed by MLS GRID #22028564 Report a problem | ||
| 4/14/2026 | Listed for sale | $820,000 |
Source: MIBOR as distributed by MLS GRID #22028564 Report a problem | ||
| 4/1/2026 | Listing removed | $820,000 |
Source: MIBOR as distributed by MLS GRID #22028564 Report a problem | ||
| 5/12/2025 | Price change | $820,000-9.2% |
Source: MIBOR as distributed by MLS GRID #22028564 Report a problem | ||
| 3/28/2025 | Listed for sale | $903,000-2.9% |
Source: MIBOR as distributed by MLS GRID #22028564 Report a problem | ||
| 8/20/2024 | Listing removed | $930,000 |
Source: MIBOR as distributed by MLS GRID #21941116 Report a problem | ||
| 9/7/2023 | Listed for sale | $930,000+3.3% |
Source: MIBOR as distributed by MLS GRID #21941116 Report a problem | ||
| 10/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/8/2021 | Listed for sale | $899,900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,635 -0.9% | $288,200 |
| 2024 | $4,677 -1.4% | $288,200 |
| 2023 | $4,744 -2% | $288,200 |
| 2022 | $4,841 +2.8% | $288,200 |
| 2021 | $4,710 +8.1% | $288,200 |
| 2020 | $4,355 -2% | $288,200 +7% |
| 2019 | $4,444 +1% | $269,300 |
| 2018 | $4,401 +0.4% | $269,300 |
| 2017 | $4,383 +9.4% | $269,300 |
| 2016 | $4,006 -2.4% | $269,300 +10.1% |
| 2014 | $4,105 -2.4% | $244,500 |
| 2013 | $4,207 -23.9% | $244,500 -23.9% |
| 2012 | $5,525 +57% | $321,300 +37.1% |
| 2011 | $3,519 +3.4% | $234,300 -38.3% |
| 2010 | $3,404 -40.6% | $379,600 |
| 2009 | $5,730 +48.8% | $379,600 +42.3% |
| 2007 | $3,850 | $266,800 |
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.Climate risks
Neighborhood: 46034
Nearby schools
GreatSchools rating
- 8/10Hamilton Heights Middle SchoolGrades: 5-8Distance: 3.7 mi
- 8/10Hamilton Heights High SchoolGrades: 9-12Distance: 4.4 mi
- 6/10Hamilton Heights Elementary SchoolGrades: PK-4Distance: 3.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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