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$875,000 Just Listed
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Property Description
Experience the perfect blend of peaceful lakefront living and recreational convenience on 3.22 private acres with over 425 feet of shoreline on Lake Dalecarlia. Enjoy the serenity of a quieter lake setting while remaining just minutes from Cedar Lake, offering easy access to boating, watersports, dining, and year-round recreation. This sprawling brick ranch offers approximately 4,000 square feet of finished living space with panoramic lake views from nearly every room. Soaring cathedral ceilings, extensive custom built-ins, rich woodwork, and three fireplaces create a warm yet impressive atmosphere, while providing exceptional storage throughout. The thoughtfully designed floor plan features 4 bedrooms, 4 baths, a spacious great room, formal dining area, updated kitchen with center island, and a beautiful primary suite with an en suite and endless lake views. The finished walk-out lower level is ideal for entertaining, offering a second kitchen, family room with fireplace, bath, and abundant storage. Outside, the property transforms into a private resort. Relax poolside, entertain on expansive deck, gazebo, or simply enjoy the breathtaking waterfront setting surrounded by mature landscaping and over three acres of privacy. One of the property's most extraordinary features is the fully finished, heated 2,000+ square foot outbuilding. Designed more like a luxury showroom than a traditional garage, this versatile space features separate utilities, HVAC, and room for an impressive vehicle collection, multiple boats, RV storage, recreational vehicles, a workshop, business equipment, or hobby space. Whether you're a car enthusiast, collector, entrepreneur, or outdoor adventurer, this rare amenity offers possibilities seldom found in lakefront properties. A truly exceptional waterfront estate where panoramic views, sprawling acreage, luxurious living spaces, and unmatched storage combine to create a lifestyle unlike anything else on the market.
Full Property Details
Full Property Details for 15221 Colfax St
General
- Price: $875,000
- Taxes: $5,354 (2025)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 841304
- Updated: 6/26/2026
- Added to Site: Today
Interior
- Number of Rooms: 12
- Interior Features: Cathedral Ceiling(s), Vaulted Ceiling(s), Soaking Tub, Open Floorplan, Kitchen Island, His and Hers Closets, High Ceilings, Entrance Foyer, Double Vanity, Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 3
- Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Range, Microwave, Gas Range, Gas Cooktop, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony, Storage, Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Attached, Oversized, Heated Garage, Garage Faces Front, Driveway, Additional Parking, Other, Garage Door Opener, Detached
Location
- County: Lake
- Township: Cedar Creek
- Subdivision: Sherwood South
- Driving Directions: Via W 153rd Ave. Head west on W 153rd Ave. Turn right onto Colfax St. Home will be on the right.
Heating & Cooling
- Heating Type: Central, Natural Gas, Forced Air
Structural Information
- Square Feet: 3,948
- Year Built: 1955
Lot Features
- Lot Size (Acres): 3.031
- Lot Size (Sq. Ft.): 132,030
- Lot Features: Back Yard, Landscaped, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $5,354
- Tax Year: 2025
- Terms: Cash, VA Loan, Conventional
Disclosures and Reports
- Legal Description: N.150FT OF S. 325FT OF PT. NW.1/4 LY'NG W. OF LAKE DALECARLIA S.1 T.33 R.9 & SHE RWOOD SOUTH LOTS 10 & 12
- Property ID: 451901151007000007
Listed by eXp Realty, LLC
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Schools
Schools serving 15221 Colfax St
School District:Tri-Creek School Corporation
| Name | Grades | Distance |
|---|---|---|
Lake Prairie Elementary School 11601 West 181st Avenue, Lowell, IN 46356 | K-5 | 3.8 mi |
Lowell Middle School, Lowell, IN 19250 Cline Avenue, Lowell, IN 46356 | 5-8 | 5 mi |
Lowell Senior High School, Lowell, IN 2051 East Commercial Avenue, Lowell, IN 46356 | 9-12 | 3.6 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 15221 Colfax St
Date
Details
Price
Change
Source
6/26/2026
Listed
$875,000
100%
MLS
10/04/2012
Sold
$437,500
—
Public Record
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 15221 Colfax St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,394
—
$580,000
6%
2024
$5,394
-49%
$546,200
1%
2023
$10,478
84%
$542,000
3%
2022
$5,689
7%
$528,100
11%
2020
$5,328
16%
$474,300
5%
2019
$4,599
—
$452,700
3%
2019
$4,599
3%
$440,200
2%
2018
$4,472
-6%
$430,800
—
2017
$4,755
—
$429,900
-4%
2017
$4,755
-1%
$448,700
-2%
2016
$4,821
-4%
$457,800
-1%
2015
$5,013
-11%
$462,700
3%
2013
$5,661
18%
$448,200
22%
2012
$4,779
—
$368,600
—
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 15221 Colfax St
15221 Colfax Street, Lowell, IN 46356 (MLS# 841304) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 15221 Colfax Street is currently listed for $875,000 and was received on June 26, 2026. Want to learn more about 15221 Colfax Street? Do you have questions about finding other Single Family real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

