12816 Magoun Street, Cedar Lake, IN 46303

$699,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,456 Lot Size (sq. ft.): 480,467 Status: Active
Current Price: $699,900 List Date: 6/19/2026 Last Modified: 8/11/2026

Overview

Description

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 a ...

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

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
2026-08-11T01:08:23Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-11T01:08:23Z
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

Square Footage Information

Main Level Finished SqFt
1120
Basement Level Finished SqFt
336

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

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: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.