12816 Magoun Street
Cedar Lake, IN, 46303 $ 849,900
Bedrooms2 Baths1.1 Sq 1,456 Monthly Estimate*
$ 5,233
for $849,900 with 2 bedrooms and 1 full bath, 1 half bath. This 1,456 square foot home was built in 1951 on a lot size of 11.03.
Endless possibilities await on this stunning 11+ acre property offering a rare combination of privacy, natural beauty, and convenience. Tucked away among mature trees, this secluded retreat features fenced pasture areas, wooded acreage, and a picturesque natural ravine, creating the perfect setting for country living while remaining just minutes from town. Whether you're looking to enjoy the existing ranch home or build your dream estate, this property provides the space and versatility to make your vision a reality. The home features a spacious Kitchen complete with appliances, Dining Room, Living Room with cozy fireplace, 2 Bedrooms, and 1.5 Baths. The finished basement expands the living space with a large Family Room and kitchenette, ideal for entertaining, guests, or related living opportunities. Outdoor enthusiasts, hobby farmers, and business owners alike will appreciate the exceptional outbuildings. The property includes an oversized garage with loft storage and covered porch area, storage shed, livestock building, and two substantial pole barns. One pole barn offers approximately 986 square feet with a concrete floor and attached lean-to for additional storage. The second pole barn boasts approximately 1,440 square feet with large sliding doors, providing ample room for equipment, vehicles, recreational toys, or workshop space. An additional utility shed is conveniently located behind the garage. A 13-Month HWA Home Warranty is included for added peace of mind. Opportunities like this are hard to find--enjoy the tranquility of country living, abundant storage and workspace, and the potential to create your own private paradise on over 11 beautiful acres.
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FeaturesInteriorInterior Amenities Country Kitchen
Total Fireplaces 1
Fireplace Features Basement Family Room
Fireplace Y/N Y
Above Grade Finished Area 1120
Half Baths 1
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 2
Room Type Bonus Room Other Room Primary Bedroom Living Room Laundry Kitchen Family Room Dining Room Bedroom 2
Total Baths 2
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GeneralSewer Septic Tank
Heating Forced Air Propane
Utilities Electricity Connected
Appliances Dryer Washer
Garage Spaces 4
Patio/Porch Features Porch
Pool Features None
Year Built 1951
Electric 100 Amp Service
View Trees/Woods
Township Hanover
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N Y
Total Rooms 8
Full Baths 1
Status Active
Directions US 41 to W. 129th Ave. West to Magoun St. North to property
High School Hanover Central High School
City Cedar Lake
High School District Hanover
Lot Size Square Feet 480466.8
Listing Terms Cash Conventional
Elementary School Jane Ball Elementary School
Property Attached Y/N N
Tax Annual Amount 7089
Middle/Junior High School Hanover Central Middle School
Standard Status Active
Legal Description S.747.73FT OF N.2024.38FT OF E1/2 NW1/4 S.20 T.34 R.9 EX S.417.42FT OF E.693.80FT & EX N.329.81FT OF E.694.21FT 11.025 AC
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ExteriorParking Features Detached Garage Faces Side Driveway
Lot Features Wooded
Water Source Well
Lot Size Acres 11.03
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByMeagan SkinnerListing Agent
Coldwell Banker RealtyBroker
meagan.skinner@cbexchange.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,233
- Monthly Property Taxes
- $591
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cedar Lake, IN
Average List Price $475,777
Percent of Sale Price 44%
About Cedar Lake, IN 13,014 Population
31% Since 2002
$ 64,260 Median Income
38.54 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4033770 Elementary School
4609311 Middle School
Hanover Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $849,900 | | Listed Price |