




7185 N 1150 W, Shipshewana, IN, 46565
About This Home
Located on peaceful Stone Lake, this stunning home offers scenic water views, private lake frontage, and spacious living across three levels. Well-maintained with high-quality finishes throughout, this is the perfect spot for seasonal enjoyment or year-round living. The main level welcomes you with a bright, open-concept kitchen and living area highlighted by vaulted ceilings, a wall of windows, and a cozy wood stove that creates a warm gathering space throughout the seasons. Sliding doors lead to an elevated three-season porch and aluminum outdoor deck with a power awning overlooking the water, where you can sip your coffee, entertain, or unwind with your favorite book while taking in the lake views in comfort. The flexible layout adapts well to a variety of lifestyles; the lower entry level offers a spacious mud room, a bedroom (or cool game room) and storage, while the loft level provides an ideal setting for a home office, studio, reading area, or guest space. Spacious rooms throughout the home allow for multiple uses depending on your needs, and abundant closets and storage areas make organization easy. Across the street, the property includes approximately 50 feet of private lake frontage on quiet, no-wake Stone Lake along with a dock, firepit, and seating. The lake is known for calm waters that are ideal for kayaking, canoeing, paddleboarding, and fishing, making it a relaxing destination for year-round enjoyment. The outdoor areas are thoughtfully designed for low-maintenance living with retaining walls, perennial landscaping, and a special pet-friendly fenced backyard. Raised organic beds and a rainwater collection system are a gardener's dream. The large heated shed offers excellent workspace for hobbies, projects, storage, or a unique hangout spot. And the attached 2-car garage offers convenient parking and additional room for equipment or lake gear. Have peace of mind if bad weather strikes with a whole home generator. Located just minutes from the shops, restaurants, and attractions of Shipshewana, IN this Stone Lake property combines peaceful lake living with easy access to local amenities. Whether used as a full-time residence or a seasonal retreat, this home offers comfortable space, beautiful lake views, and private water access in a quiet lakeside setting.
Getting Around
Schools
Construction
Condition
- Year built: 2008
Materials
- Roof: Shingle
- Construction materials: Stone,Fiber Cement
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Washer,Dryer-Gas,Gas Range,Water Softener Owned
Basement
- Has basement: Yes
- Basement: Partial,Partially Finished,Exterior Entry
Bedroom1
- Level: Main
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
Features
- Breakfast Bar,Stone Counters,Sauna
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 1,008
- Finished area above ground: 2,232
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 3,528
- Total interior livable area: 3,240 sqft
Kitchen
- Level: Main
Property
Details
- Parcel number: 440418400000.010017
Features
- Levels: Multi-Story (3+)
- Patio & porch: Deck
- Fencing: Chain Link,Picket
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Waterfront-Level Bank,Pier/Dock,Frontage Lot,Non Ski Lake,Lake
- Waterbody name: Stone Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(50)
Lot
- Lot size: 6,969 sqft
- Features: Sloped,Lake
- Lot size dimensions: 51X100 AND 50 X 14
Parking
- Total spaces: 2
- Parking features: Basement,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
- 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 | $2,654 | $31,848 |
| Home Insurance * | $268 | $3,216 |
| Property Taxes | $165 | $1,980 |
| Electricity | $297 | $3,564 |
| Total | $3,384 | $40,608 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
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 |
|---|---|---|
| 2026-03-07 | Listed for sale | $537,900 |
| 2025-11-24 | Listing removed | $539,900 |
| 2025-08-03 | Price change | $539,900 |
| 2025-07-04 | Price change | $544,900 |
| 2025-06-18 | Price change | $549,900 |
| 2025-05-30 | Listed for sale | $559,900 |
| 2021-12-01 | Sold | $410,000 |
| 2021-10-08 | Pending sale | $399,900 |
