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1519 S Lakeshore Dr, Albion, IN, 46701

2beds
1baths
720sqft
$64,900
$90price/sqft
$627/moest. monthly cost
$25,080/yrincome needed

About This Home

Lakeshore cottage on Williams Lake West of Chain of Lakes State Park. Great weekend retreat or year round home. Good fishing lake. Lots of renovations done. Currently vacant.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
Central Noble High SchoolGrades 6-125.1 mi
6/10
Albion Elementary SchoolGrades 3-55.0 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 720

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Kitchen

  • Area: 170

Living Room

  • Area: 204

Property

Details

  • Parcel number: 571911400012.000009

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake Front,Non Ski Lake,Lake
  • Waterbody name: Williams Lake
  • Frontage length: Channel/Canal Frontage(0),Water Frontage(49)

Lot

  • Lot size: 7,405 sqft
  • Features: Level,Flood Plain
  • Lot size dimensions: 49x148

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
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Drought
Hail
Lightning
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 $328$3,936
Home Insurance *$42$504
Property Taxes $73$876
Electricity $184$2,212
Total$627$7,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,497/yr
40% on housing$18,810/yr
45% on housing$16,720/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$90This listing

vs Other Active Listings

Avg $/sqft

ZIP 46701$122
Noble County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 46701$143
Noble County$158

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)

No zestimate history available

Price History

DateEventPrice
2026-04-03Listed for sale$64,500
2026-03-01Listing removed$63,900
2026-02-03Price change$63,900
2026-01-28Price change$62,900
2026-01-17Price change$60,900
2026-01-04Price change$59,900
2025-11-02Listed for sale$66,900
2020-04-17Sold$28,000
2019-10-30Price change$47,900
2019-10-02Price change$48,900
2019-07-02Listed for sale$49,900

For Sale by Agent

AgentEd Tobey
BrokerageThe Tobey Group, PC

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