Listing provided courtesy of SCHUPP Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839116MLS Provider

5003 W 1050 NLake Village, IN 46349

Single Family · 3 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,550 Sq. ft. | 4.70 Acres
$424,975 Active

5003 W 1050 N Overview

Time on Site:
42 days
Visits:
0

Originally built in the 30's in mid 80's a major renovation added a 360sf Great room w/volume ceiling and attached 3 car garage (dbl insulated door but framed where 3rd door is possible) and used currently as a heated & cooled shop (220v ran) that can be closed off with its own Dbl door - LOVE IT! The reno also included a Master suite with huge walk-in closet garden tub and is a great space to add in your own walk-in shower if wanted. BIG AND AIRY it leads to the rear oasis that awaits. Large eat in kitchen includes ALL the appliances + washer/dryer as well as garage Refrigerator & Chest freezer. Plenty of storage and nicely adorned beds 2 & 3 and room for expansion? UNDERSTATEMENT - Outbuildings and space galore. HVAC 10-12ys, HWH '19, House Roof '22, Generator back up plug in place, and 8yrs ago Dewes Construction upgraded the septic field w/ 4-75' laterals, Dbox and riser + pumped in 2024. High Speed Fiber Optic Internet by SURFNET already installed 985MB+/- is staggering! AWESOME wooded and country location across from the Game Preserve + FAST access back to main roads / State Line & US 41 corridor or I65 for commuters. The setting surrounding the area as well as your own back yard is as serene as it gets. Rear covered deck overlooks the land. HORSES welcome. Seller is just finishing up front deck Power Wash & paint and freshening up the numerous perennial beds with stone for low maintenance. Staggered plantings offer flowering throughout the seasons. A 1yr Warranty f/APHW is a gift at close. Homes like this are FEW to come by let alone in a setting like this flanked by LaSalle Fish & Game steps across to trails, river & hunting/trapping as well as pears, apples, grape & blueberries on your own homestead. Priced knowing decor & upgrades will be wanted its customizable for YOU where others are pressing 500K+ and no room in the budget left. The Land - its a rarity!

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5003 W 1050 N Facts & Features

  • Type Single Family
  • Sq. ft. 1,550
  • Price/Sq.ft. $274
  • Lot 4.70 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: North Newton

Building Information

  • New Construction: false
  • Year Built: 1930

Location/Region

  • County Or Parish: Newton
  • Subdivision Name: None
  • Township: Lake

Tax Information

  • Tax Annual Amount: 1713
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,VA Loan,FHA,Conventional
  • Parcel Number: 560407441001000012
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: true

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1550

General Information

  • Appliances: Dryer,Washer,Refrigerator,Microwave,Gas Range,Dishwasher
  • Electric: 100 Amp Service
  • Fireplace: false
  • Heating: Forced Air,Propane
  • Interior Features: Ceiling Fan(s),Country Kitchen,Walk-In Closet(s),High Ceilings
  • Laundry Features: Electric Dryer Hookup,Washer Hookup,Main Level
  • Levels: One
  • Living Area: 1550
  • Living Area Source: Assessor
  • Rooms Total: 6

Exterior

Parking Information

  • Parking Features: Attached,Heated Garage,Driveway,Off Street,Garage Door Opener

Lot Information

  • Additional Parcels: false
  • Lot Features: Back Yard,Wooded,Private,Landscaped
  • Lot Size Acres: 4.7
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 204732
  • Water Source: Well

Waterfront/View

  • View: Rural,Trees/Woods
  • Waterfront: false

Building Exterior/Construction

  • Property Attached: false

General Information

  • Exterior Features: Private Yard,Storage
  • Sewer: Septic Tank
  • Utilities: Electricity Connected,Natural Gas Connected

Room Information

Room: Bedroom 2

  • Level: Main
  • Area: 120
  • Dimensions: 12.0 x 10.0
  • Length: 12
  • Width: 10

Room: Bedroom 3

  • Level: Main
  • Area: 120
  • Dimensions: 12.0 x 10.0
  • Length: 12
  • Width: 10

Room: Dining Room

  • Level: Main
  • Area: 90
  • Dimensions: 9.0 x 10.0
  • Length: 9
  • Width: 10

Room: Kitchen

  • Level: Main
  • Area: 121
  • Dimensions: 11.0 x 11.0
  • Length: 11
  • Width: 11

Room: Living Room

  • Level: Main
  • Area: 324
  • Dimensions: 18.0 x 18.0
  • Length: 18
  • Width: 18

Room: Primary Bedroom

  • Level: Main
  • Area: 260
  • Dimensions: 20.0 x 13.0
  • Length: 20
  • Width: 13

5003 W 1050 N Neighborhood

Community

46349 (Lake Village) Demographics

38
Median Age
37
Population Density (per sq. mile)
16%
College Educated
$73,710
Estimated Median Income
1,027
Estimated Total Home Owners
140
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5003 W 1050 N Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5003 W 1050 N Market Data

Based on the last 30 days in this zip code

$463,720
Average List Price
$209
Average Price per Square Foot
2
Properties Sold
70
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

5003 W 1050 N History

Date Event Value Agent
6/29/2026Source: Northwest Indiana MLS Price Reduction
$424,975 -0.0%
6/22/2026Source: Northwest Indiana MLS Price Reduction
$424,980 -0.0%
6/15/2026Source: Northwest Indiana MLS Price Reduction
$424,985 -0.0%
6/8/2026Source: Northwest Indiana MLS Price Reduction
$424,990 -0.0%
6/1/2026Source: Northwest Indiana MLS Price Reduction
$424,995 -0.0%
5/18/2026Source: Northwest Indiana MLS Added to Database
May 18, 2026