Photos: Lake Home Real Estate - What Your Money Can Buy

By Maureen Mespell
By John W. Davis

August 1, 2011 Updated Oct 22, 2013 at 5:46 AM EDT

STEUBEN COUNTY, Ind. (Indiana's NewsCenter) --
It's the way thousands relax every weekend in Northeast Indiana.

We're talking about lake homes in Steuben and LaGrange County.

Every summer, thousands of people make their way to Northeast Indiana for one simple, yet relaxing reason.

"When you're at the lake, it doesn't matter what kind of day you've had if you come home to a lake or go for the weekend, it's like a little bit of a vacation every day that you're there. It's great," said Mike Thomas Associates Realtor Associate Danielle Jackson.

But what can your money buy you, when it comes to lake home property.

Indiana's NewsCenter toured three homes Monday.

Our 1st stop was a 3 bedroom, 2 bath home on Pretty Lake.

The listing price is $329,900 dollars.

The inside of the home is warm but the main selling point is 50 feet of lake front, a boat dock and a three level party deck.

"Every property is a unique piece but absolutely it would be location and what you're getting on that location," continued Jackson.

Realtors say you need to make sure your lake home works for you.

They say you need to figure out if you're looking for a fishing pier or a party deck.

Our 2nd stop, was the most expensive home but Realtors say you get what you pay for.

It's a massive 38-hundred square foot ,5 bedroom, 3.5 bath on Crooked Lake.

The listing price is $725,000 dollars.

The home was built in 2007.

It has amazing views, a boat dock and access to a much bigger lake.

"I had a call the other day. They're coming from South Carolina even to our lakes here," said Mike Thomas Associates Managing Broker Pam Doty.

That's right... people from all across the United States, are checking out our lakes in Northeast Indiana.

However, home is where the heart is.

"We're also seeing a lot of people that have maybe grown up on the lakes that are coming back into our community. They've built a lot of memories from the past and they're trying to instill those same memories in their families," said Doty.

Our last stop, a 3 bedroom, 2 bath home on Hamilton Lake.

The listing price is $359,900 dollars.

Again, picturesque views are what this home is all about.

It has it's own beach... and 100 feet of lake front.

However, it's the community of Hamilton Lake is also a selling point.

Realtors say you can go to dinner and even grocery shopping by boat.

But if you're looking for a lake home... you'll probably need a budget.

"Sometimes you have to ground them a little bit but at the end of the day they end up pretty happy when you're done," explained Jackson.


Meanwhile, a new lake home subdivision is being built off Hamilton Lake.

It is called Crystal Cove.

Realtors said more than 50 lots are available for $85,000.

The subdivision will allow residents to pick their own builder to design and construct their new home.

We're told many of the lots have at least 100 feet of lake front.

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