Back 5280 South Macadam Drive
Off Market

5280 South Macadam Drive

Owen County IN 47868

2
2
1
1824 sq. ft.
6534 sq. ft.
Single-Family
Last sold for $220,000
Devin StaderDevin Stader, last sold this property on 15 October 2026 after 414 days on market.

Overview

Welcome to 5280 S Macadam Dr, a beautifully renovated 2-bedroom, 2-bath home tucked away near Cataract Lake. This property has undergone a complete transformation over the last couple of years with all new log siding, updated interiors, and modern finishes throughout. The spacious concrete driveways and parking areas provide plenty of room for vehicles, boats, and guests, while the inviting deck offers the perfect place to relax and enjoy the wooded surroundings. Inside, you'll find warm log cabin charm paired with modern updates, including a fully remodeled kitchen with new appliances, stylish bathrooms, and comfortable living spaces filled with natural light. The home backs up to Army Corps of Engineers property, giving you privacy and a natural setting right out your back door. While the property itself does not offer direct water access, the Cataract Lake boat ramp is just 0.4 miles down the road, making it easy to enjoy boating, fishing, and all the recreation the lake has to offer. Whether you're looking for a full-time residence, a weekend getaway, or an investment property, this move-in ready home combines rustic appeal with modern convenience in a peaceful lake setting.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1824 sq. ft. floor area
6534 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Owen County over the last 12 months, the estimated median property value of 5280 South Macadam Drive is $220k.

Median value
$220k
Estimated value range
$154k - $290k
Median days on market
19
Estimated value trend
52%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Owen County. 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 5280 South Macadam Drive

2026
Sold
$220,000
15 Oct 2026 by Devin Stader, of Matlock Realty Group
2022
Sold
Undisclosed
04 May 2022

Happy sellers in Owen County

~%

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

Local market activity for 2 bedroom single-family properties in Owen County

In the last 12 months, 7 two-bedroom single-family properties similar to 5280 South Macadam Drive, have been sold.

This represents a 40% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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