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Experience lakefront living at its finest with this stunning 3-bedroom, 2.5-bathroom home perched on a gently sloping lot overlooking the beautiful Oliver Lake channel. Meticulously maintained and thoughtfully updated over the years, this home offers numerous upgrades, including updated flooring, bathrooms, windows, doors, a newer roof, and a brand-new dock spanning the entire 74 feet of channel frontage. Ideally located at the center of the channel with picturesque views leading to the main lake, this home delivers substantial waterfront charm while benefiting from channel-front tax rates. Offered completely turnkey, this home includes everything you need: beds and linens, towels, toiletries, kitchen dishware, utensils, small appliances, rugs, sofa seating, dining sets, outdoor furniture, paddleboards, and kayaks. **As a bonus,** this property has operated as a successful short-term rental, earning a 5-star rating with over 70 stays and glowing reviews. It's a rare opportunity for homeowners and investors alike! Inside, you’ll find a cozy gas fireplace, a spacious primary suite, and **incredible storage**—rare for any lake home—with an abundance of closets. The open-concept kitchen features updated appliances, floating shelves, and a separate BUTLERS pantry WITH SEPERATE PREP SPACE AND EXCESS BUILT IN STORAGE. A private half bath is conveniently located just off the attached 2-car garage. Outside, the HUGE screened and covered deck (outdoor furniture also included), open-air deck, two grills, and CUSTOM BUILT-IN fire pit THAT WAS ALSO PROFESSIONALLY INSTALLED provide the perfect setting for entertaining. The large  waterfront yard sits outside the flood zone and offers plenty of space for family, friends, and guests to spread out and enjoy waterfront living. Additional storage in the separate shed is perfect for lake gear and gardening tools. Oliver Lake is the area's largest natural spring-fed lake, renowned for its exceptionally clear water, sunken island, and access to two additional lakes—one of which is completely undeveloped and home to a county park along its south shore. Don’t miss this incredible opportunity to own a piece of paradise on Oliver Lake. Whether you’re looking for a serene retreat or a property that generates income to offset the cost of a secondary home, this property offers the perfect blend of comfort, beauty, and potential.YOU DO NOT HAVE TO REMOVE PIERS AT THIS LOCATION.

PROPERTY FEATURES

Laundry Level : Main Total Rooms : 10 Above Grade Bedrooms : 3 Living/Great Room Level : Main Dining Room Level : Main Kitchen Level : Main 1st Bedroom Level : Main 2nd Bedroom Level : Main 3rd Bedroom Level : Main
Water Utility : Well Sewer : City Electric Company : REMC Gas Company : NIPSCO
Garage Type : Attached
Lot Description : Slope,Waterfront,Other,0-2.9999,Lake,Water View,Waterfront-Level Bank Location : Lake,Rural,Rural Subdivision,Near Walking Trail Water Features : Boat Docking Rights,Pier/Dock,Deeded Exterior : Vinyl Waterfront Property : Yes Waterfront Type : Lake Water Access : Channel Front/Canal Water Name : Oliver Lake Outbuilding 1 : Shed Outbuilding 1 Area : 810 S.F Garage on Property : Yes
Architectural Style : Ranch Style : One Story
Heating/Fuel : Gas,Forced Air
Roof Material : Asphalt,Shingle Sea Wall Type : Rip Rap Driveway : Concrete
Basement/Foundation : Crawl Fireplace : Dining Rm,Living/Great Rm,1st Bdrm,Electric,Gas Log Amenities : 1st Bdrm En Suite,Attic Pull Down Stairs,Bar,Breakfast Bar,Cable Ready,Ceiling Fan(s),Closet(s) Walk-in,Countertops-Laminate,Deck Covered,Deck Open,Deck on Waterfront,Detector-Smoke,Firepit,Garage Door Opener,Kitchen Island,Landscaped,Near Walking Trail,Pantry-Walk In,Patio Covered,Patio Open,Porch Covered,Porch Open,Porch Screened,Kitchenette,Stand Up Shower,Tub/Shower Combination,Main Level Bedroom Suite,Garage-Heated,Other-See Remarks Number of Fireplaces : 2 Flooring : Laminate,Tile
Well Type : Private

PROPERTY DETAILS

Street Address: 0620 E 450 S Oliver Lake
City: Wolcottville
State: Indiana
Postal Code: 46795
MLS Number: 202446281
Year Built: 1961
Courtesy of Mike Thomas Associates

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