Incredible opportunity to own a move-in ready Lake Wawasee retreat with deeded channel-front access just a short walk away! This 3-bedroom, 2-bath split-bedroom ranch (sleeps 10) includes a 15’ channel-front lot with a pier—offering quick, easy access to Indiana’s largest natural lake and all the boating, fishing, and lake life you’ve been dreaming of. Perfectly located on the desirable west side of the lake in a quiet, low-traffic setting, this property has been thoughtfully updated and meticulously maintained. The home sits on a .23-acre lot and features a welcoming exterior with refreshed landscaping, a covered front porch, and attached 1-car garage. Step inside to a bright, open-concept layout with LVP flooring, crisp white trim, and a clean, neutral aesthetic throughout. The living area is open to the eat-in kitchen and dining space, where sliding doors lead to the show-stopping outdoor living area. The kitchen is well-appointed with stainless steel appliances, abundant cabinetry, tile backsplash, and a beverage fridge/coffee station—perfect for hosting or relaxing after a day on the water. Outdoor living is where this home truly shines. A large, brand new wraparound deck creates the ultimate space for entertaining, dining, or unwinding, all within a fully fenced backyard with two gates for quick, convenient access to the pier. An Amish-built shed on a cement slab—with interior lighting and multiple outlets—provides excellent storage for lake toys and equipment, while a garden trough adds charm and functionality for those who love to grow their own produce. Additional updates include a new well pump (2025) and added garage fridge and freezer (included), making this home as practical as it is inviting. The split-bedroom floor plan offers privacy, with a spacious primary bedroom featuring double closets, plus two additional generously sized bedrooms. Two full baths and a dedicated laundry area complete the interior. Currently a successful Airbnb, this property offers incredible flexibility as a short-term rental, weekend getaway, or year-round residence. Furniture package available for an additional cost making this a truly turnkey opportunity. Enjoy effortless access to Lake Wawasee, just minutes by boat from your pier, and take advantage of nearby Syracuse for dining, shopping, and entertainment.
Active
Price cut: $5K (8/10)
$424,900
9202 E Lilac Ln, Cromwell, IN 46732
3beds
1,274sqft
Single Family Residence
Built in 1986
10,018 Square Feet Lot
$418,500 Zestimate®
$--/sqft
$10/mo HOA
What's special
Deeded channel-front accessCrisp white trimCovered front porchClean neutral aesthetic throughoutQuiet low-traffic settingBright open-concept layoutGarden trough
- 114 days
- 446
- 6
Zillow last checked:
Listing updated:
Listed by:
Angela Racolta Cell:317-750-1600,
Encore Sotheby's International Realty,
Haley Zachary,
Encore Sotheby's International Realty
Source: IRMLS,MLS#: 202617617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Living room
- Level: Main
- Area: 288
- Dimensions: 18 x 16
Heating
- Electric, Natural Gas, Baseboard
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Electric, Gas Range, Water Softener Owned, Wine Cooler
- Laundry: Electric Dryer Hookup
Features
- Bar, Breakfast Bar, Ceiling Fan(s), Laminate Counters, Stone Counters, Open Floorplan, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination
- Flooring: Vinyl
- Basement: Crawl Space,Concrete
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,274
- Total interior livable area: 1,274 sqft
- Finished area above ground: 1,274
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, Pier/Dock, Walk to Lake Access, Canal Front, Ski Lake
- Body of water: Lake Wawasee
- Frontage length: Channel/Canal Frontage(15),Water Frontage(15)
Lot
- Size: 10,018 Square Feet
- Dimensions: 80x125
- Features: Level
Details
- Additional structures: Shed
- Parcel number: 430413300519.000025
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Playground
- Subdivision: Enchanted Hills
HOA
- Has HOA: Yes
- HOA fee: $120 annually
Location
- Region: Cromwell
Financial & listing details
- Tax assessed value: $271,100
- Annual tax amount: $2,174
- Date on market: 5/11/2026
Estimated market value
$418,500
$398,000 - $439,000
$1,709/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $424,900-1.2% |
Source: | ||
| 7/6/2026 | Price change | $429,900-1.1% |
Source: | ||
| 6/15/2026 | Price change | $434,900-1.1% |
Source: | ||
| 5/11/2026 | Listed for sale | $439,900+25.7% |
Source: | ||
| 11/16/2025 | Listing removed | $2,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Price change | $2,100-4.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Listed for rent | $2,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2025 | Listing removed | $2,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/15/2025 | Price change | $2,200+10%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2024 | Sold | $350,000+3.2% |
Source: | ||
| 3/8/2024 | Pending sale | $339,000 |
Source: | ||
| 1/8/2024 | Price change | $339,000-5.6% |
Source: | ||
| 1/3/2024 | Listed for sale | $359,000+111.3% |
Source: | ||
| 5/5/2021 | Sold | $169,900$133/sqft |
Source: Agent Provided Report a problem | ||
| 3/26/2021 | Contingent | $169,900 |
Source: | ||
| 3/17/2021 | Listed for sale | $169,900+117.8% |
Source: | ||
| 9/2/1999 | Sold | $78,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,268 +40.5% | $271,100 +5.4% |
| 2024 | $1,614 +16.7% | $257,100 +43.2% |
| 2023 | $1,383 +525.2% | $179,500 +16.5% |
| 2022 | $221 +42.7% | $154,100 +31.7% |
| 2021 | $155 -4.1% | $117,000 +7.8% |
| 2020 | $162 +21% | $108,500 +2% |
| 2019 | $134 +39.2% | $106,400 +4.2% |
| 2018 | $96 +54.6% | $102,100 +5.5% |
| 2017 | $62 +33% | $96,800 -0.5% |
| 2016 | $47 +71.1% | $97,300 +6.6% |
| 2014 | $27 -9.9% | $91,300 -0.2% |
| 2013 | $30 +49.5% | $91,500 +1.2% |
| 2012 | $20 -76.1% | $90,400 -13% |
| 2011 | $85 -9.5% | $103,900 |
| 2010 | $94 -6.8% | $103,900 |
| 2009 | $100 -26.8% | $103,900 +1.3% |
| 2007 | $137 | $102,600 +5.6% |
| 2006 | -- | $97,200 -4.6% |
| 2005 | -- | $101,900 |
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: 46732
Nearby schools
Schools provided by the listing agent
- Elementary: Syracuse
- Middle: Wawasee
- High: Wawasee
- District: Wawasee
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




