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$599,000 Sale Pending
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Property Description
HUGE PRICE REDUCTION!! Luxury living awaits you in this custom built 1 1/2 story home with full finished walkout basement. The home is situated on 1.77 tranquil wooded acres. Enter into the grand foyer with custom ceiling tray ceilings. The great room is highlighted by a real stone fireplace (wood or gas) flanked by doors to 15' balcony overlooking woods. Custom built in TV, dining room with 14' tall custom painted tray ceiling. (Beautiful Holiday tree spot!) Hardwood floors are 5 hand scraped maple. The primary bedroom, ensuite, and walk-in closet also has an incredible large walk-in shower and whirlpool tub! Upstairs bedroom, full bathroom and bonus room great for guests. The full finished basement is complete with an office, full bathroom, an family room. Just over an hour to Chicago!! You will be amazed by the meticulous landscaped and beautifully maintained home. Schedule your showing today!!
Full Property Details
Full Property Details for 8617 N 381 W
General
- Price: $599,000
- Taxes: $3,961 (2024)
- Status: Pending
- Type: Single Family
- Source: GNIAR
- MLS ID: 823552
- Updated: 1/15/2026
- Added to Site: 200 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Cathedral Ceiling(s), Tray Ceiling(s), Pantry, Open Floorplan, High Ceilings, Eat-in Kitchen, Double Vanity, Crown Molding, Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Water Softener Owned, Washer, Range Hood, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Spa Description: Bath
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 2.5
- Parking Features: Garage Door Opener, Kitchen Level, Garage Faces Front, Driveway, Concrete, Additional Parking
Location
- County: Newton
- Township: Lake
- Subdivision: Forest Knoll
- Driving Directions: Hwy 41 south to Rt 10, turn right going towards IL. Turn left on 400 W to 867 N, turn Left to 381 W, house on left.
School Information
- High School District: North Newton
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 4,516
- Year Built: 2008
Lot Features
- Lot Size (Acres): 1.7695
- Lot Size (Sq. Ft.): 77,065.2
- Lot Features: Back Yard, Wooded, Landscaped, Front Yard
Financial Considerations
- Tax Amount: $3,961
- Tax Year: 2024
- Terms: Cash, VA Loan, USDA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: Lot 16 Forest Knolls Addition 1.77 Acres Lake Twp
- Property ID: 560421223007013012
Listed by McColly Real Estate
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Schools
Schools serving 8617 N 381 W
School District:North Newton School Corporation
| Name | Grades | Distance |
|---|---|---|
North Newton Jr-Sr High School 1641 West 250 North, Morocco, IN 47963 | 7-12 | 6.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8617 N 381 W
Date
Details
Price
Change
Source
11/05/2025
Price Reduced
$599,000
-3.85%
MLS
9/10/2025
Price Reduced
$623,000
-2.35%
MLS
7/02/2025
Listed
$638,000
—
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 8617 N 381 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,944
19%
$426,900
25%
2023
$3,316
5%
$342,800
10%
2022
$3,166
3%
$310,600
5%
2020
$3,071
22%
$294,500
-1%
2019
$2,512
-3%
$297,500
18%
2018
$2,602
-1%
$251,800
-1%
2017
$2,624
—
$254,200
-3%
2016
$2,616
—
$261,200
-2%
2016
$2,616
—
$265,900
—
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 8617 N 381 W
8617 N 381 W, Lake Village, IN 46349 (MLS# 823552) is a Single Family property with 5 bedrooms and 4 full bathrooms. 8617 N 381 W is currently listed for $599,000 and was received on July 02, 2025. Want to learn more about 8617 N 381 W? 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.

