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$340,000
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Property Description
Nestled in a quiet cul-de-sac surrounded by mature trees, this home is the perfect retreat. Upon entering the home, you will notice the touches of a well-kept and maintained household. The kitchen comes complete with all stainless-steel appliances, plenty of cabinet space, and built-in pantry. The adjacent dining room has great views, and immediate access to the deck, overlooking the wooded back yard. The living room is spacious with a large bay window, letting in plenty of natural light. All bedrooms include ceiling fans and luxury vinyl plank flooring, with the primary bedroom featuring an en-suite bath with built-in linen closet. As you enter the WALK-OUT lower level you are greeted with an oversized rec room, spanning the entire width of the house. You will also find a full bath with built-in linen closet, flex room (perfect for an office or a potential fourth bedroom), large laundry room with utility sink, storage, and washer and dryer included. The lower level also features a sliding glass door/immediate access to the large concrete patio and the backyard, making entertaining a breeze. Additional features include newer hot water heater, high efficiency furnace with humidifier and air cleaner, newer windows, shed with electrical, partial fence, and one year home warranty included!
Full Property Details
Full Property Details for 487 Timber Lake Dr
General
- Price: $340,000
- Taxes: $2,884 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 832185
- Updated: 12/27/2025
- Added to Site: 20 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Pantry, Entrance Foyer
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Lighting, Storage, Rain Gutters
Parking
- Garage Spaces: 2.5
- Parking Features: Attached, Garage Faces Front, Driveway, Concrete, Garage Door Opener
Location
- County: Lake
- Township: Cedar Creek
- Subdivision: Timber Springs
- Driving Directions: Commercial Ave/Rt 2 to Nichols, south to Timber Springs Rd., east to Timber Lake, turn right
School Information
- High School District: Tri-Creek
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 2,460
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,552.8
- Lot Features: Back Yard, Wooded, Landscaped, Front Yard, Cul-De-Sac
Financial Considerations
- Tax Amount: $2,884
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: TIMBER SPRINGS ADD. UNIT 2 LOT 45
- Property ID: 451923154018000008
Listed by McColly Real Estate
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Schools
Schools serving 487 Timber Lake Dr
School District:Tri-Creek School Corporation
| Name | Grades | Distance |
|---|---|---|
Oak Hill Elementary School 425 South Nichols Street, Lowell, IN 46356 | K-5 | 0.9 mi |
Lowell Middle School, Lowell, IN 19250 Cline Avenue, Lowell, IN 46356 | 5-8 | 1.9 mi |
Lowell Senior High School, Lowell, IN 2051 East Commercial Avenue, Lowell, IN 46356 | 9-12 | 1.7 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 487 Timber Lake Dr
Date
Details
Price
Change
Source
12/27/2025
Listed
$340,000
—
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 487 Timber Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,929
-61%
$280,000
—
2023
$7,422
169%
$280,000
1%
2022
$2,762
-3%
$278,200
27%
2020
$2,833
38%
$218,700
1%
2019
$2,054
—
$216,000
8%
2019
$2,054
-8%
$199,900
4%
2018
$2,235
-5%
$192,500
1%
2017
$2,358
—
$189,800
3%
2017
$2,358
11%
$185,000
-1%
2016
$2,121
-1%
$186,100
2%
2015
$2,135
-12%
$182,500
2%
2013
$2,414
-3%
$178,400
—
2012
$2,482
—
$178,100
—
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 487 Timber Lake Dr
487 Timber Lake Drive, Lowell, IN 46356 (MLS# 832185) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 487 Timber Lake Drive is currently listed for $340,000 and was received on December 27, 2025. Want to learn more about 487 Timber Lake Drive? 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.

