Listing courtesy of North Eastern Group Realty · Listing agent: Jessica Arnold · Home: 260-460-7590
Properties displayed may be listed or sold by various participants in the MLS.
158 North Drive
$249,900
Geneva, IN 46740-9703Rainbow Lake
Sold May 30, 2025
- On Rainbow Lake
- 3-car garage
- Bedrooms
- 2
- Bathrooms
- 1.5
- Living area
- 1,029 sq ft
- Lot
- 0.55 ac
- Year built
- 1960
- Type
- Site-Built Home
- Listed
- May 2, 2025
- MLS #
- 202515682
About this home
Lakefront Living at Its Finest on Private Rainbow Lake! This charming, move-in-ready cottage is nestled on a double lot with 120 feet of prime lake frontage on peaceful Rainbow Lake. This no-short-term-rental community offers a rare blend of serenity & recreation, with a 51-acre stocked lake perfect for fishing, kayaking, or sunset cruises at a relaxing 10mph. Enjoy unobstructed water views, a sandy beach area, & lakefront deck ideal for evening gatherings. This 2-bedroom, 1.5-bath ranch features a 4-seasons sunroom that brings the outdoors in year-round, plus an attached 2-car garage for added convenience. Inside, you'll find over 1,000 square feet of functional space with updated mechanicals & included appliances. Step outside to beautifully manicured grounds & take in the quiet, rural setting with views of Wabash Valley 18-hole golf course- Just across the street! Whether you’re seeking a full-time lake retreat or a peaceful getaway just a short drive from Fort Wayne, this is the one. No city noise, no short-term chaos—just the gentle rhythm of lake life and a few rounds of golf too!
Property details
Interior
- Levels
- One
- Total rooms
- 6
- Total area
- 1,029 sq ft
- Finished area above grade
- 1,029 sq ft
- Main level
- 1,029 sq ft
- Bedrooms above grade
- 2
- Full baths, main level
- 1
- Half baths, main level
- 1
- Basement
- Crawl Space, Slab
- Flooring
- Hardwood, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Laundry
- Electric Dryer Hookup, Main Level
- Interior features
- 1st Bdrm En Suite, Attic Pull Down Stairs, Countertops-Laminate, Deck on Waterfront, Entrance Foyer, Open Floorplan, Range/Oven Hook Up Elec, Stand Up Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Washer Hook-Up
Exterior & parking
- Style
- Traditional
- Construction
- Vinyl Siding
- Roof
- Shingle
- Garage spaces
- 3
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 560 sq ft
- Parking
- Garage Door Opener, Gravel
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Rainbow Lake
- Waterfront features
- Deeded
- Water access
- Lakefront
- Lake type
- Non Ski Lake
- Water frontage
- 120 ft
- Water feature
- Lake
Lot
- Subdivision
- Rainbow Lake
- Lot features
- Landscaped, Golf Frontage, Level, Waterfront, Lake on Lot, Water View, Waterfront-Medium Bank
- Lot size (acres)
- 0.55 ac
- Lot dimensions
- 110x228x120x215
- County
- Adams County
- Township
- Wabash
- Lots
- 98
- Platted
- Yes
- Planned unit development
- No
- Directions
- US 27 to 950 South, East to Rainbow road then South to North Drive, East to property.
Schools
- Elementary school
- South Adams
- Middle school
- South Adams
- High school
- South Adams
- School district
- South Adams
HOA & community
- HOA fee
- $80
- HOA fee frequency
- Annually
- Association restrictions
- Yes
Taxes & terms
- Annual taxes
- $1,490
- Tax year
- 2025
- Tax exemptions
- Homestead, Vet
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA
- Possession
- June 1st or after
- Parcel number
- 01-11-21-301-006.000-019
Included in the sale
- Included in sale
- Dishwasher,Refrigerator,Window Treatments,Dryer-Electric,Kitchen Exhaust Hood,Laundry-Stacked W/D,Oven-Electric,Range-Electric,Water Heater Electric,Water Softener-Owned,Window Treatment-Blinds
Utilities
- Water
- City
- Sewer
- Public Sewer
Rooms
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 14 × 20 ft | — |
| Kitchen | Main | 15 × 12 ft | — |
| Bedroom 1 | Main | 10 × 20 ft | — |
| Bedroom 2 | Main | 10 × 10 ft | — |
| Extra Room 1 | Main | 8 × 13 ft | Sunroom |
| Laundry | Main | 7 × 15 ft | — |