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$425,000 Just Listed
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Property Description
Originally built in the 30's in mid 80's a major renovation added a 360sf Great room w/volume ceiling and attached 3 car garage (dbl insulated door but framed where 3rd door is possible) and used currently as a heated & cooled shop (220v ran) that can be closed off with its own Dbl door - LOVE IT! The reno also included a Master suite with huge walk-in closet garden tub and is a great space to add in your own walk-in shower if wanted. BIG AND AIRY it leads to the rear oasis that awaits. Large eat in kitchen includes ALL the appliances + washer/dryer as well as garage Refrigerator & Chest freezer. Plenty of storage and nicely adorned beds 2 & 3 and room for expansion? UNDERSTATEMENT - Outbuildings and space galore. HVAC 10-12ys, HWH '19, House Roof '22, Generator back up plug in place, and 8yrs ago Dewes Construction upgraded the septic field w/ 4-75' laterals, Dbox and riser + pumped in 2024. High Speed Fiber Optic Internet by SURFNET already installed 985MB+/- is staggering! AWESOME wooded and country location across from the Game Preserve + FAST access back to main roads / State Line & US 41 corridor or I65 for commuters. The setting surrounding the area as well as your own back yard is as serene as it gets. Rear covered deck overlooks the land. HORSES welcome. Seller is just finishing up front deck Power Wash & paint and freshening up the numerous perennial beds with stone for low maintenance. Staggered plantings offer flowering throughout the seasons. A 1yr Warranty f/APHW is a gift at close. Homes like this are FEW to come by let alone in a setting like this flanked by LaSalle Fish & Game steps across to trails, river & hunting/trapping as well as pears, apples, grape & blueberries on your own homestead. Priced knowing decor & upgrades will be wanted its customizable for YOU where others are pressing 500K+ and no room in the budget left. The Land - its a rarity!
Full Property Details
Full Property Details for 5003 W 1050 N
General
- Price: $425,000
- Taxes: $1,713 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 839116
- Updated: 5/18/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Country Kitchen, Walk-In Closet(s), High Ceilings
- Appliances: Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Yard, Storage
Parking
- Garage Spaces: 3
- Parking Features: Attached, Heated Garage, Driveway, Off Street, Garage Door Opener
Location
- County: Newton
- Township: Lake
- Subdivision: None
- Driving Directions: US41 & ST RD 10 ... west to 1050 N. Right turn / West to home on South side of the street. 2 Parcels and land runs from 1050 to US 41
School Information
- High School District: North Newton
Heating & Cooling
- Heating Type: Forced Air, Propane
Structural Information
- Square Feet: 1,550
- Year Built: 1930
Lot Features
- Lot Size (Acres): 4.7
- Lot Size (Sq. Ft.): 204,732
- Lot Features: Back Yard, Wooded, Private, Landscaped
Financial Considerations
- Tax Amount: $1,713
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: N1/2 LOTS 7 & 8 PON & CO'S LAKE VILLAGE FARMS LAKE TWP
- Property ID: 560407441001000012
Listed by SCHUPP Real Estate
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Schools
Schools serving 5003 W 1050 N
School District:North Newton School Corporation
| Name | Grades | Distance |
|---|---|---|
Lake Village Elementary School 3281 West 950 North, Lake Village, IN 46349 | K-6 | 2 mi |
North Newton Jr-Sr High School 1641 West 250 North, Morocco, IN 47963 | 7-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5003 W 1050 N
Date
Details
Price
Change
Source
5/18/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5003 W 1050 N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,713
—
$216,200
9%
2024
$1,713
24%
$199,200
26%
2023
$1,385
-10%
$158,700
1%
2022
$1,547
17%
$157,700
18%
2020
$1,326
19%
$133,800
4%
2019
$1,117
—
$128,600
8%
2018
$1,122
6%
$118,900
—
2017
$1,063
28%
$118,900
-1%
2016
$831
—
$119,800
7%
2016
$831
—
$112,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5003 W 1050 N
5003 W 1050 N, Lake Village, IN 46349 (MLS# 839116) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5003 W 1050 N is currently listed for $425,000 and was received on May 18, 2026. Want to learn more about 5003 W 1050 N? Do you have questions about finding other Single Family real estate for sale in Lake Village? You can browse all Lake Village real estate or contact a Coldwell Banker agent to request more information.

