- 3 beds
- 4 baths
- 4,232 sqft
- ~2 acre lot
- $283 per sqft
- 1982 build
MORSE LAKE WATERFRONT HOME boasts panoramic water view with stunning sunrises! Situated on tree-lined 1.8 acre lot with a whopping 246' of lake frontage with steel seawall! This beautiful sprawling ranch brick home with finished walk-out lower-level features spacious cathedral ceilings, two fireplaces and a main floor master suite. Center island kitchen and dining room have handsome hardwood floors. Full walk-out lower-level offers well-equipped wet bar with suede finished granite countertops, recreation room, family room with fireplace and a half bath. Tons of room for craft/hobby/exercise room/storage. Geo-thermal HVAC system is connected to commercial grade water heater for nearly free hot water. Zeolite water softener. New hail-proof Owens Corning roof in 2022 and new gutters. Exterior outlet wired for a generator. 2 car attached garage PLUS 3 car detached garage with workshop & HVAC! 4 boat slips with deep water, extra wide 120 ft 4000 lb power lift. Storage shed. Nearby Harbor Trees Golf and Beach Club offering swimming pool, dining, exercise and golf. Also, nearby are Bear Slide and Pebble Creek golf clubs and lots of restaurants. What a great opportunity to begin a legacy of lake house memories for your family!
Last checked:
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Last updated Jun 19, 2025
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MLS# 22028402 —
The Building
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Year Built:1982
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Ranch
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Foundation Details:Concrete Perimeter
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Levels:One
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Basement:true
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Basement:Finished, Walk Out
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Exterior Features:Barn Storage, Out Building With Utilities, Water Feature Fountain
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Patio And Porch Features:Covered Porch, Deck Main Level
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Accessibility Features:No
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Smart Home Features:Thermostat - Programmable
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Green Certification:No
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Building Area Total:4232
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Below Grade Finished Area:2116
Interior
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Rooms:8
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Rooms Total:11
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Rooms Total:8
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Interior:Bedroom Other on Main
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Interior Features:Built In Book Shelves, Cathedral Ceiling(s), Center Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Programmable Thermostat, Walk-in Closet(s), Wet Bar
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Other Equipment:Smoke Alarm
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Eating Area:Breakfast Room,Dining Combo/Kitchen
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Laundry Features:Main Level, Sink
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Fireplaces Total:2
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Fireplace Features:Family Room, Great Room, Masonry, Woodburning Fireplce
Room Dimensions
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SqFt:2116
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Main Level SqFt:2116
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Living Area:4232
Location
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Directions:North on State Road 19 through Cicero to 249th Street. Left to Point Lane. Left to home. GPS Friendly.
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Latitude:40.13718
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Longitude:-86.021107
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:290236000021000008
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Acres:1-3 Acres
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Lot Features:Wooded
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Lot Size Acres:1.8
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Lot Size SqFt:78,408 Sqft
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Price Per Acre:666611
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View:Lake, Water
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View:true
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Waterfront:true
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Waterfront Features:Dock, Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront
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Fencing:Partial
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 696-3939
- Office phone:
- (317) 846-6300
Taxes
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Tax Lot:22
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption,Mortgage Tax Exemption
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Semi Annual Property Tax Amt:2740
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:3
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Primary Bedroom Description:Deck,Closet Walk in
Baths
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Baths:4
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Full Baths:2
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Full Baths:2
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Half Baths:2
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Half Baths:1
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Full Baths Main:2
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Half Baths Main:1
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Half Baths Basement:1
The Listing
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Inspection Warranties:General
Heating & Cooling
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Heating:Electric, Geothermal, Propane
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Cooling:Geothermal
Utilities
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Utilities:Sewer Connected, Well
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Electric:200+ Amp Service
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Water Source:Private Well
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Ice Maker, Trash Compactor, Water Softener Owned
Schools
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High School District:Hamilton Heights School Corp
The Community
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Subdivision Name:Point
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Attached, Detached
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Garage:true
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Garage Spaces:4
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Garage SqFt:1152
Monthly cost estimate

Asking price
$1,199,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,425
|
Taxes | $456 |
Insurance | $329 |
Utilities | $198 See report |
Total | $7,408/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | MIBOR | $1,199,900 | 120.2% (11.9% / YR) |
5/21/15
May 21, 2015
|
MIBOR | $545,000 |