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1938 W Lake Hideway Rd, Earl Park, IN, 47942

3beds
1baths
1,411sqft
$275,000
$195price/sqft
$1,976/moest. monthly cost
$79,040/yrincome needed

About This Home

Discover 15 expansive acres of pure potential—where wide-open skies meet a peaceful, country setting. At the heart of the property sits a welcoming 3-bedroom home, perfectly positioned for comfort and privacy. A spacious pole barn stands ready for your equipment, hobbies, or livestock, offering endless versatility. You’ll find gently rolling pastureland, ideal for grazing or gardening, along with a charming stream that adds both beauty and a sense of tranquility to the landscape. Whether your dreams include creating a small hobby farm, building out recreational trails, or simply enjoying the calm of the countryside, this property provides the freedom to make it your own. Don’t just imagine the possibilities—come experience them for yourself!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Covington Elementary SchoolGrades PK-510.4 mi
7/10
Covington Middle SchoolGrades 6-810.4 mi
10/10

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space,None

Bathroom1

  • Level: First

Bathroom2

  • Level: 0

Bathroom3

  • Level: 0

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Propane

Interior Area

  • Total structure area: 1,411
  • Total interior livable area: 1,411 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 231517305001000004
  • Zoning: Res

Features

  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Horses Allowed
  • Horses can be raised: Yes

Lot

  • Lot size: 15 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Strong Wind
Winter Weather
Drought
Hail
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
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 $1,390$16,680
Home Insurance *$263$3,156
Property Taxes $139$1,668
Electricity $184$2,212
Total$1,976$23,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,748/yr
40% on housing$59,280/yr
45% on housing$52,693/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: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 47942$87
Fountain County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 47942$125
Fountain County$68

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
2025-11-30Listed for sale$325,000

For Sale by Agent

AgentJEREMY MONTGOMERY
BrokerageREMAX R.E.A.

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