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12816 Magoun Street, Cedar Lake, IN 46303
$849,900
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,456
Lot Size (sq. ft.):
480,467
Status:
Active
Current Price:
$849,900
List Date:
6/19/2026
Last Modified:
6/23/2026
Overview
Description
...
(Read more)
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 in unincorporated Cedar Lake with LOW taxes and Hanover schools!
Listing Details MLS# 840970
General Property Information
- New Construction YN
- No
- Bedrooms Total
- 2
- Bathrooms Full
- Yes
- Bathrooms Half
- Yes
- Bathrooms Total
- 2
- Rooms Total
- 8
- Accessibility Features YN
- No
- Above Grade Finished Area
- 1120
- Below Grade Finished Area
- 336
- Below Grade Unfinished Area
- 784
- Living Area
- 1456
- Living Area Source
- Assessor
- Year Built
- 1951
- Garage YN
- Yes
- Garage Spaces
- 4
- Lot Size Acres
- 11.03
- Lot Size Square Feet
- 480466.8
- Lot Size Source
- Assessor
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- Yes
- Fireplace YN
- Yes
- Bathrooms Three Quarter
- 0
Property Features
Appliances:
Dryer; Washer
Basement:
Partially Finished
Cooling:
Central Air
Electric:
100 Amp Service
Fireplace Features:
Family Room
Heating:
Forced Air; Propane
Interior Features:
Country Kitchen
Laundry Features:
Main Level
Levels:
1-Sty/Ranch/Bungalow
Listing Terms:
Cash; Conventional
Lock Box Information:
SentriLock
Lot Features:
Wooded
Other Structures:
Barn(s); Shed(s); Storage
Parking Features:
Detached; Driveway; Garage Faces Side
Patio And Porch Features:
Porch
Pool Features:
None
Possession:
Close Of Escrow
Roof:
Asphalt
Sewer:
Septic Tank
Special Listing Conditions:
None
Utilities:
Electricity Connected
View:
Trees/Woods
Water Source:
Well
Room Types:
Bedroom 2; Bonus Room; Dining Room; Family Room; Kitchen; Laundry; Living Room; Other Room; Primary Bedroom
Contract Information
- Original List Price
- 849900
- Auction YN
- No
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- Yes
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 12816
- Street Name
- Magoun
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46303
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 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 in unincorporated Cedar Lake with LOW taxes and Hanover schools!
Status Change Information
- Major Change Timestamp
- 2026-06-19T17:51:37Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-06-19
More Information
Bathroom Totals
- Basement 1/2
- Yes
- Main Full
- Yes
Exemption Information
- Exemption YN
- Yes
- Exemptions
- 2% Deduction/Other
Fireplace Features
- Fireplaces Total
- Yes
- Basement
- Yes
- Family Room
- Yes
Square Footage Information
- Main Level Finished SqFt
- 1120
- Basement Level Finished SqFt
- 336
- Upper Level Finished SqFt
- 0
- Lower Level Finished SqFt
- 0
- Above Grade Unfinished SqFt
- 0
Showing Requirements
- Showing Instructions
- Sentrilock #1510199 on front door
Room Types
- Bedroom 2 Level
- Main
- Bonus Room Level
- Main
- Dining Room Level
- Main
- Family Room Level
- Basement
- Kitchen Level
- Main
- Laundry Level
- Main
- Living Room Level
- Main
- Other Room Level
- Main
- Primary Bedroom Level
- Main
- Bedroom 2
- Yes
- Bonus Room
- Yes
- Dining Room
- Yes
- Family Room
- Yes
- Kitchen
- Yes
- Laundry
- Yes
- Living Room
- Yes
- Other Room
- Yes
- Primary Bedroom
- Yes
Location, Tax, and Legal
- School District
- Hanover
- Elementary School
- Jane Ball Elementary School
- Middle Or Junior School
- Hanover Central Middle School
- High School
- Hanover Central High School
- Tax Annual Amount
- 7089
- Tax Year
- 2025
- Tax 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
- Parcel Number
- 451520100014000013
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 45-15-20-100-022.000-13
- Township
- Hanover
- Directions
- US 41 to W. 129th Ave., West to Magoun St., North to property
- Census Tract
- 429.04
Appliances
- Dryer
- Yes
- Washer
- Yes
Basement
- Partially Finished
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
Heating
- Forced Air
- Yes
- Propane
- Yes
Interior Features
- Country Kitchen
- Yes
Laundry Features
- Main Level
- Yes
Levels
- 1-Sty/Ranch/Bungalow
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- SentriLock
- Yes
Lot Features
- Wooded
- Yes
Other Structures
- Barn(s)
- Yes
- Shed(s)
- Yes
- Storage
- Yes
Parking Features
- Detached
- Yes
- Driveway
- Yes
- Garage Faces Side
- Yes
Patio And Porch Features
- Porch
- Yes
Pool Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Asphalt
- Yes
Sewer
- Septic Tank
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Electricity Connected
- Yes
View
- Trees/Woods
- Yes
Water Source
- Well
- Yes
Room Information
| Room Name | Level | Length | Width | Remarks |
|---|---|---|---|---|
| Living Room | Main | 18.00 | 15.00 | |
| Dining Room | Main | 9.00 | 9.00 | |
| Kitchen | Main | 14.00 | 9.00 | |
| Primary Bedroom | Main | 12.00 | 11.00 | |
| Bedroom 2 | Main | 12.00 | 9.00 | |
| Family Room | Basement | 28.00 | 12.00 | |
| Laundry | Main | 13.00 | 9.00 | |
| Other | Main | 19.00 | 9.00 | Enclosed Porch |
Listing Office:
Coldwell Banker Realty
Last Updated: June - 23 - 2026
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