4237 W 500 S

Albion IN 46701

3068 sq. ft.

9513 sq. ft.

Single-Family

Last sold for $700,000

Emily Ewing, last sold this property on 21 May 2026 after 20 days on market.

Overview

Experience luxury lakefront living in this stunning 4-bed, 2.5-bath retreat on Big Lake. Enter from the covered front porch and be greeted by an abundance of natural light and breathtaking lake views through a wall of windows in the living room. Thoughtfully updated throughout, the home features luxury vinyl plank flooring on the main level, rounded drywall finishes, fresh paint, automatic blinds, and smart lighting across the first floor. The brand-new designer kitchen showcases a striking waterfall island, stainless steel appliances, and ample cabinet space. The adjacent dining area is perfect for gathering with guests. Just off the two-car garage, you’ll find a convenient half bath and laundry area. Multiple living spaces offer flexibility, including a spacious upper-level lounge that opens to a freshly painted private balcony ideal for taking in sunset views over the water. The main level seamlessly blends indoor and outdoor living, leading to newly completed stamped concrete patios (2025) with a built-in kitchen and a brand-new outdoor grill (2025), perfect for entertaining. The primary suite serves as a private sanctuary, complete with its own patio, dedicated hot tub, and a luxurious en-suite bath featuring double sinks, a beautifully tiled stone walk-in shower, and custom closet organizers delivering a true spa-like experience at home. Upstairs, the expansive bonus room above the garage includes three custom built-in bunk beds, creating the perfect space for memorable weekends at the lake. Additional peace of mind comes with a new geothermal system (2025). With 55 feet of pristine frontage, whether you're enjoying peaceful mornings on the water or lively afternoons during ski hours (1–4 PM), this property embodies the very best of luxury lake life living.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

3068 sq. ft. floor area

9513 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Albion over the last 12 months, the estimated median property value of 4237 W 500 S is $318.9k.

Median value

$318.9k

Estimated value range

$149.9k - $700k

Median days on market

Estimated value trend

27%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Albion. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4237 W 500 S

2026

Sold

$700,000

21 May 2026 by Emily Ewing, of North Eastern Group Realty

2024

Sold

$560,000

23 May 2024 by Isabella Reed, of Keller Williams Realty Group

2019

Sold

$440,000

01 Nov 2019 by Terrie Grabner, of Coldwell Banker Real Estate Group

Happy sellers in Albion

We have insufficient information to provide an overview of customer satisfaction for Albion. Viewing the agent profiles, reviews and sales for Albion can provide insights for this location.