40 Lane 283 Hamilton Lk, Hamilton, IN, 46742
About This Home
Welcome home to Crystal Bay on Hamilton Lake. Luxury Lakefront home built in 2021, this home features an open concept floor plan with cathedral ceilings in the kitchen and living room. The Kitchen Island is perfect for entertaining for many years to come. Primary bedroom has serene views and a stunning attached bathroom that features a freestanding bathtub and separate tiled shower with a walk in closet. Two additional bedrooms on the main floor. On the upper level, you will find a large bunk room/office, bedroom and another bathroom. Attic storage is abundant. Head down to the basement to find a large recreation room and bar area with stunning lakefront views. Exercise room could possibly be another bedroom should the need arise. Step outside to 3 different decks and patios that look down to your sandy beach. Summer is right around the corner, the docks are starting to be put in and the town is preparing for the 2026 lake season. It's going to be a great summer on Hamilton Lake.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Roof: Asphalt
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Washer,Gas Oven,Gas Water Heater
- Laundry features: Gas Dryer Hookup,Main Level
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Finished,Concrete
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 144
Family Room
- Level: Basement
- Area: 1085
Features
- Bookcases,Ceiling-9+,Walk-In Closet(s),Stone Counters,Eat-in Kitchen,Entrance Foyer,Kitchen Island,Open Floorplan,Tub and Separate Shower,Tub/Shower Combination,Main Level Bedroom Suite
- Window features: Window Treatments
- Flooring: Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Attic: Storage
- Finished area below ground: 2,538
- Finished area above ground: 2,663
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,527
- Total interior livable area: 5,201 sqft
Kitchen
- Level: Main
- Area: 377
Living Room
- Level: Main
- Area: 324
Property
Details
- Parcel number: 761028230151.000010
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck Covered,Deck,Covered
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Medium Bank,Deck on Waterfront,Pier/Dock,Assoc,Deeded,Lake Front,Ski Lake
- Waterbody name: Hamilton Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(60)
Lot
- Lot size: 10,018 sqft
- Features: Sloped,Lake
- Lot size dimensions: 60x130
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Concrete
- 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
- Strong Wind
- Tornado
- Cold Wave
- Drought
- Hail
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $327 | $3,924 |
| Property Taxes | $449 | $5,388 |
| Electricity | $476 | $5,721 |
| Total | $6,308 | $75,696 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $1,099,000 |
| 2026-04-04 | Listed for sale | $1,150,000 |
View on Zillow