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6005 S 970 E, Wolcottville, IN, 46795

1beds
1baths
0sqft
$339,900
--price/sqft
$2,346/moest. monthly cost
$93,840/yrincome needed

About This Home

Let your dreams become your reality....Opportunity meets waterfront living on beautiful Big Long Lake. This lakefront property has already been taken down to the studs, giving the next owner a true head start on creating the home or weekend retreat they've been dreaming about. Whether your vision is restoring the existing footprint or exploring future possibilities, much of the preliminary work has already been completed. The existing ranch offers approximately 765 square feet with a layout that previously featured two bedrooms and one full bath. The structure sits on a 50 x 120 lakefront lot with approximately 50 feet of shoreline and includes a firm sandy swimming area, a four-foot-wide pier, and exceptional views across one of northeast Indiana's most desirable all-sports lakes. Several valuable improvements and planning items are already in place. A new well has been installed. Electrical service is on site and currently disconnected. A recent survey, elevation certificate, and geotechnical soil boring report have been completed, providing valuable information for future planning. The custom home concept shown in the marketing materials was professionally designed for this property and may be purchased separately outside of the sale if a buyer wishes to pursue that vision. The boat and lift shown are excluded from the sale but may also be available through a separate transaction. Located in the heart of Big Long Lake, this property offers the rare chance to start with a clean slate while enjoying immediate lake access, incredible views, and a location convenient to Shipshewana, Fort Wayne, and the Notre Dame area. If you've been waiting for a waterfront project where much of the groundwork has already been done, this is an opportunity worth seeing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Cabin/Cottage
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 765

Property

Details

  • Parcel number: 440927200010.001013

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake,Waterfront-Level Bank,Boat Docking Rights,Pier/Dock,Private Beach,Deeded,Lake Front,Ski Lake
  • Waterbody name: Big Long Lake
  • Frontage length: Channel/Canal Frontage(0),Water Frontage(50)

Lot

  • Lot size: 5,662 sqft
  • Features: Level,Other,0-2.9999,Lake,Rural,Rural Subdivision
  • Lot size dimensions: 50 x 120

Parking

  • Parking features: Gravel
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Drought
Hail
Lightning
Tornado

FEMA Declared Disasters Across Indiana Counties

Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,718$20,616
Home Insurance *$180$2,160
Property Taxes $264$3,168
Electricity $184$2,212
Total$2,346$28,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,434/yr
40% on housing$70,380/yr
45% on housing$62,560/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46795$169
LaGrange County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 46795
LaGrange County$123

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Listed for sale$295,000
2026-08-05Listing removed--
2026-07-25Price change$339,900
2026-06-13Listed for sale$350,000
2022-11-22Listing removed$275,000
2022-09-30Price change$275,000
2022-09-13Price change$285,000
2022-08-08Price change$297,000
2022-07-21Price change$305,000
2022-06-24Listed for sale$315,000
2022-06-23Listing removed$329,000
2022-05-20Price change$329,000
2022-04-30Listed for sale$360,000

For Sale by Agent

AgentDaniel R Orlando
BrokerageMike Thomas Associates

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