5010 Terry Lake Rd, Hamilton, IN, 46742
About This Home
Welcome to your private waterfront retreat, featuring beautiful lake views and your own dock for easy access to the water. This well-maintained 3-bedroom, 1.5-bath home offers a spacious layout filled with natural light and comfortable living spaces throughout. The finished basement provides ample storage and is already plumbed for an additional bathroom, offering great potential for a guest or in-law suite. Step outside to expansive composite decks overlooking the lake and backyard. It's perfect for entertaining or simply relaxing and enjoying the view. With thoughtful updates over the years and plenty of space inside and out, this home is move-in ready and perfect for making lasting memories.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1994
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Washer,Electric Cooktop,Exhaust Fan,Electric Oven,Electric Range,Electric Water Heater,Water Softener Owned
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Finished
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 160
Features
- Ceiling-9+,Ceiling Fan(s),Main Level Bedroom Suite
- Flooring: Carpet,Laminate,Tile
- Fireplace features: None
- Finished area below ground: 1,573
- Finished area above ground: 1,573
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,146
- Total interior livable area: 3,146 sqft
Kitchen
- Level: Main
- Area: 180
Living Room
- Level: Main
- Area: 208
Property
Details
- Parcel number: 170303151006.000006
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Porch Covered
- Fencing: None
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Pier/Dock,Lake Front,Non Ski Lake
- Waterbody name: Terry Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(181)
Lot
- Lot size: 0.69 Acres
- Features: City/Town/Suburb,Lake
- Lot size dimensions: 103X257.9
Parking
- Total spaces: 2
- Parking features: Attached,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 | $2,274 | $27,288 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $163 | $1,956 |
| Electricity | $288 | $3,460 |
| Total | $2,872 | $34,464 |
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 | $479,900 |
| 2026-04-03 | Listed for sale | $489,900 |
| 2026-03-22 | Listing removed | $489,000 |
| 2026-01-30 | Listed for sale | $489,000 |
| 2026-01-27 | Listing removed | $499,900 |
| 2025-09-22 | Price change | $499,900 |
| 2025-08-31 | Price change | $509,000 |
| 2025-08-05 | Price change | $514,000 |
| 2025-07-23 | Price change | $519,000 |
| 2025-06-21 | Price change | $524,000 |
| 2025-05-22 | Price change | $529,000 |
| 2025-05-02 | Price change | $534,000 |
| 2025-03-28 | Price change | $539,000 |
| 2024-08-08 | Listed for sale | $559,000 |
| 2006-05-26 | Sold | $181,900 |
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