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Courtesy of Encore Sotheby's International Realty, Angela Racolta, Cell: 317-750-1600
3 Beds
2 Baths
1,274 sqft

$424,900

9202 E Lilac Lane, Cromwell IN, 46732

Price per sqft$333.52
Built in1986
Property size1,274 sqft
Property typeResidential

Overview

Active

Updated 9 days ago

Incredible opportunity to own a move-in ready Lake Wawasee retreat with deeded channel-front access just a short walk away! This 3-bedroom, 2-bath split-bedroom ranch (sleeps 10) includes a 15’ channel-front lot with a pier—offering quick, easy access to Indiana’s largest natural lake and all the boating, fishing, and lake life you’ve been dreaming of. Perfectly located on the desirable west side of the lake in a quiet, low-traffic setting, this property has been thoughtfully updated and meticulously maintained. The home sits on a .23-acre lot and features a welcoming exterior with refreshed landscaping, a covered front porch, and attached 1-car garage. Step inside to a bright, open-concept layout with LVP flooring, crisp white trim, and a clean, neutral aesthetic throughout. The living area is open to the eat-in kitchen and dining space, where sliding doors lead to the show-stopping outdoor living area. The kitchen is well-appointed with stainless steel appliances, abundant cabinetry, tile backsplash, and a beverage fridge/coffee station—perfect for hosting or relaxing after a day on the water. Outdoor living is where this home truly shines. A large, brand new wraparound deck creates the ultimate space for entertaining, dining, or unwinding, all within a fully fenced backyard with two gates for quick, convenient access to the pier. An Amish-built shed on a cement slab—with interior lighting and multiple outlets—provides excellent storage for lake toys and equipment, while a garden trough adds charm and functionality for those who love to grow their own produce. Additional updates include a new well pump (2025) and added garage fridge and freezer (included), making this home as practical as it is inviting. The split-bedroom floor plan offers privacy, with a spacious primary bedroom featuring double closets, plus two additional generously sized bedrooms. Two full baths and a dedicated laundry area complete the interior. Currently a successful Airbnb, this property offers incredible flexibility as a short-term rental, weekend getaway, or year-round residence. Furniture package available for an additional cost making this a truly turnkey opportunity. Enjoy effortless access to Lake Wawasee, just minutes by boat from your pier, and take advantage of nearby Syracuse for dining, shopping, and entertainment.

$2,827/mo

Est. mortgage payment based on a $424,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202617617

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$2,175
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
Yes
Waterfront
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 3:45 AM UTC, 9/24/2026

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