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68555 Oak Rd, Lakeville, IN, 46536

5beds
6baths
5,247sqft
$1,950,000
$372price/sqft
$14,184/moest. monthly cost
$567,360/yrincome needed

About This Home

Experience the perfect blend of luxury, privacy, and functionality on this exceptional 70-acre estate in Lakeville, IN. Built in 1996 by Rans Custom Builders, the custom brick home features 5 bedrooms, 4 full and 2 half baths, and finished basement, all set on approximately 70 acres with a pool, private pond, high quality Morton barns, and stunning outdoor living spaces. Interior highlights include 9' ceilings, hardwood floors, beautiful millwork, updated kitchen with Ayr cabinetry, granite countertops & high-end appliances. Spacious primary suite & secondary bedrooms with recently remodeled en-suite bathrooms and walk-in closets. Enjoy a resort-style backyard with a saltwater gunite pool & jacuzzi. The property includes two Morton barns (one commercial-grade), a greenhouse, stocked pond with two piers, fenced frontage, and - 2 quarter-mile driveways. Additional amenities: geothermal heating/cooling, full-farm generator, irrigation system, surround sound, security system, and 51 tillable acres under a cash rent agreement. 2025 corn yield 237 bushels/acre. Located just south of South Bend and 90 minutes from Chicago, with access to LaVille or John Glenn schools. This is an exceptionally rare opportunity to own an exquisite turn-key rural estate. See property details in the attached "Features" document.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
North Liberty SchoolGrades K-65.3 mi
6/10
10/10
John Glenn High SchoolGrades 9-128.0 mi

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick,Cement Board

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Microwave,Refrigerator,Washer,Gas Cooktop,Dryer-Electric,Oven-Built-In,Double Oven,Electric Oven,Water Filtration System,Electric Water Heater,Water Softener Owned
  • Laundry features: Laundry Chute,Sink,Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Exterior Entry,Concrete,Sump Pump

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Dining Room

  • Level: Main
  • Area: 225

Family Room

  • Level: Main
  • Area: 224

Features

  • 1st Bdrm En Suite,Breakfast Bar,Sound System,Bookcases,Ceiling-9+,Tray Ceiling(s),Ceiling Fan(s),Walk-In Closet(s),Stone Counters,Crown Molding,Eat-in Kitchen,Entrance Foyer,Kitchen Island,Pantry,Wet Bar,Stand Up Shower,Formal Dining Room,Custom Cabinetry
  • Door features: Pocket Doors,Six Panel Doors
  • Window features: Double Pane Windows,Window Treatments,Blinds
  • Flooring: Hardwood,Carpet,Tile
  • Number of fireplaces: 3
  • Fireplace features: Living Room,1st Bdrm,Basement
  • Fireplace: Yes
  • Attic: Storage
  • Finished area below ground: 1,200
  • Finished area above ground: 4,047

Heating & Cooling

  • Heating features: Geothermal
  • Cooling features: Geothermal,Attic Fan,Ceiling Fan(s),Geothermal Hvac

Interior Area

  • Total structure area: 6,228
  • Total interior livable area: 5,247 sqft

Kitchen

  • Level: Main
  • Area: 210

Living Room

  • Level: Main
  • Area: 378

Office

  • Level: Main
  • Area: 196

Property

Accessibility

  • Accessibility features: Chair Rail

Details

  • Parcel number: 711807400001.000034
  • Other equipment: Home Theater,Generator-Whole House,Pool Equipment

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Deck,Porch Covered,Porch
  • Exterior features: Irrigation System
  • Has spa: Yes
  • Spa features: Private,Bath
  • Fencing: Partial,Farm,Wood
  • Waterfront features: Lake,Pier/Dock

Lot

  • Lot size: 70 Acres
  • Features: 15+,Rural,Landscaped
  • Lot size dimensions: 2615x1321x1706x458x614x833

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather

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 $9,860$118,320
Home Insurance *$1,427$17,124
Property Taxes $2,417$29,004
Electricity $480$5,771
Total$14,184$170,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$486,308/yr
40% on housing$425,520/yr
45% on housing$378,240/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$372This listing

vs Other Active Listings

Avg $/sqft

ZIP 46536$188
St. Joseph County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 46536$173
St. Joseph County$131

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
2026-04-28Price change$1,950,000
2026-03-06Listed for sale$2,250,000
2025-12-20Listing removed$2,500,000
2025-10-03Listed for sale$2,500,000

For Sale by Agent

AgentPeter F Thurin
BrokerageCressy & Everett - South Bend

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