15221 Colfax Street
Lowell, IN, 46356 $ 875,000
Bedrooms4 Baths3.1 Sq 3,948 Monthly Estimate*
$ 5,525
for $875,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,948 square foot home was built in 1955 on a lot size of 3.031.
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.
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FeaturesInteriorInterior Amenities 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)
Total Fireplaces 3
Fireplace Features Basement Wood Burning Great Room Gas Log Family Room
Fireplace Y/N Y
Above Grade Finished Area 3026
Half Baths 1
3/4 Baths 1
Laundry Features Gas Dryer Hookup Washer Hookup Sink Main Level Laundry Room
Total Bedrooms 4
Room Type Bedroom 2 Primary Bedroom Living Room Laundry Kitchen Family Room Dining Room Den Bedroom 4 Bedroom 3
Total Baths 4
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GeneralSewer Septic Tank
Heating Central Natural Gas Forced Air
Utilities Electricity Connected Natural Gas Connected
Appliances Dryer Water Softener Owned Washer Refrigerator Range Microwave Gas Range Gas Cooktop Dishwasher
Garage Spaces 10
Patio/Porch Features Covered Rear Porch Porch Patio Front Porch Deck
Pool Features Heated In Ground
Security Features Security System
Year Built 1955
Electric 200+ Amp Service
View Lake Water Neighborhood Meadow
Township Cedar Creek
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name Sherwood South
Garage Y/N Y
Total Rooms 12
Full Baths 2
Status Active
Directions Via W 153rd Ave. Head west on W 153rd Ave. Turn right onto Colfax St. Home will be on the right.
City Lowell
Lot Size Square Feet 132030
Listing Terms Cash VA Loan Conventional
Property Attached Y/N N
Tax Annual Amount 5354
Standard Status Active
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
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ExteriorExterior Amenities Balcony Storage Rain Gutters
Fencing Fenced
Parking Features Attached Oversized Heated Garage Garage Faces Front Driveway Additional Parking Other Garage Door Opener Detached
Lot Features Back Yard Landscaped Front Yard Few Trees
Water Source Well
Lot Size Acres 3.031
Lot Size Source Assessor
Waterfront Y/N Y
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* Excluded FeaturesList ByJana CaudillListing Agent
hello@janacaudillteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $446
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Lowell, IN
Average List Price $453,184
Percent of Sale Price 48%
About Lowell, IN 10,127 Population
32% Since 2002
$ 64,749 Median Income
38.17 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2026 | $875,000 | | Listed Price |