$200,000
4283 W 500 S
Prime opportunity on sought-after Big Lake with 50 feet of water frontage. Notorious for the best fishing around, this 920 sq ft home sits directly on the water in a great setting where opportunities like this don’t come around often. The structure offers solid bones and a newer roof (within the last couple of years), giving you a strong starting point. Interior will require renovation due to prior damage from burst water pipes during winter a couple of years ago—please refer to photos for current condition. Whether you’re an investor, flipper, or buyer looking to create your own lake getaway, this property is full of potential. With the right vision and updates, this could be transformed into a standout lake property in a highly desirable location. Rare chance to build equity and make Big Lake your own.
SR 109 to 500 West. Take 500 West around the corner, and the property will be on the left
Map to 4283 W 500 S, Albion, IN 46701
MLS #
202612880
Date Listed
2026-04-13
Status
Active
Property Type
Residential
Property SubType
Site-Built Home
Square Feet
920 sqft
New Construction
No
Style
One Story
Type
Site-Built Home
Bedrooms
2
Bathrooms
1
Annual Taxes
$839.27
Year Taxes Payable
2026
Year Built
1950
Days on Market
5
Additional
Design
Ranch
Cooling
Central Air
Heating
Gas, Forced Air
Main Level Laundry
Yes
Outbuilding
Shed
Room Dimensions
Living Room
20 × 13
Main Level
Kitchen
11 × 8
Main Level
Master Bedroom
10 × 15
Main Level
2nd Bedroom
10 × 20
Main Level
Bathroom Locations
Full Baths
1 Main
External Features
Construction
Site-Built Home
Exterior
Vinyl
Lot Size
6,839 sq ft
Acreage
0.16 Acres
Lot Dimensions
150x50
Parking
Yes
Out Buildings
Shed
Sewer
Public
Water
Well
Fence
None
Location
Area
Noble County
Location
Lake
County
Noble
Subdivision
None
Township
Noble
City
Albion
State
IN
Zip
46701
Schools
School District
Central Noble Community
Elementary
Central Noble
Middle School
Central Noble Jr/Sr
High School
Central Noble Jr/Sr
Financial
Financing Terms
Cash, Conventional
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202612880 |
|---|---|
| Date Listed | 2026-04-13 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Square Feet | 920 sqft |
| New Construction | No |
| Style | One Story |
| Type | Site-Built Home |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Annual Taxes | $839.27 |
| Year Taxes Payable | 2026 |
| Year Built | 1950 |
| Days on Market | 5 |
| Design | Ranch |
|---|---|
| Cooling | Central Air |
| Heating | Gas, Forced Air |
| Main Level Laundry | Yes |
| Outbuilding | Shed |
| Living Room | 20 × 13 | Main Level |
| Kitchen | 11 × 8 | Main Level |
| Master Bedroom | 10 × 15 | Main Level |
| 2nd Bedroom | 10 × 20 | Main Level |
| Full Baths | 1 Main |
| Construction | Site-Built Home |
|---|---|
| Exterior | Vinyl |
| Lot Size | 6,839 sq ft |
| Acreage | 0.16 Acres |
| Lot Dimensions | 150x50 |
| Parking | Yes |
| Out Buildings | Shed |
| Sewer | Public |
| Water | Well |
| Fence | None |
| Area | Noble County |
|---|---|
| Location | Lake |
| County | Noble |
| Subdivision | None |
| Township | Noble |
| City | Albion |
| State | IN |
| Zip | 46701 |
| School District | Central Noble Community |
|---|---|
| Elementary | Central Noble |
| Middle School | Central Noble Jr/Sr |
| High School | Central Noble Jr/Sr |
| Financing Terms | Cash, Conventional |
|---|---|
| Assoc. Dues | $0.00 Not Applicable |
MLS# 202612880
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Vincent Crump
North Eastern Group Realty
Cell: 260-318-4990
Listing updated April 14, 2026 at 10:39 am
Last checked 22 minutes ago
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