Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Brandon Mahony · Cell: 574-327-3463

ActiveSite-Built Home

51951 Sandy Lane Drive

$493,500

$240.73 / sq ft

Est. $3,161/mo

Granger, IN 46530Anderson Lake Estates

Original price $499,000 · Price reduced on September 28, 2026

  • Waterfront
  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
4
Bathrooms
3
Living area
3,550 sq ft
Lot
0.6 ac
Year built
2007
Type
Site-Built Home
Listed
July 27, 2026
MLS #
202630314

About this home

Welcome to your ideal lakefront retreat! If you've been searching for a spacious ranch-style home with convenient main-level living, first-floor laundry, and stunning waterfront views, this is the one. Nestled along the shores of beautiful spring-fed Anderson Lake, this property offers over 3,200 square feet of finished living space and a peaceful setting that's perfect for relaxing or entertaining. Inside, you'll find an open-concept floor plan filled with natural light, featuring four spacious bedrooms, three beautifully updated bathrooms, and abundant storage throughout. The primary suite overlooks the lake and includes a private en-suite bathroom complete with a luxurious soaking tub. The recently remodeled kitchen is equipped with granite countertops, a tile backsplash, updated appliances, and modern finishes. Additional updates throughout the home include refreshed bathrooms, newer wood and tile flooring, carpet, lighting, paint, hardware, and decking. Step outside to enjoy breathtaking lake views from the expansive deck, walk-out patio, or the privacy of your fenced backyard. The bright walk-out lower level features oversized windows and sliding glass doors, creating a welcoming living space that feels anything but a traditional basement. Located within the highly sought-after Horizon, Discovery, and Penn School districts, this exceptional waterfront home offers the perfect combination of space, comfort, modern updates, and lakefront living.

Monthly payment estimate

$3,161/mo

Principal & interest
$2,701
Property taxes
$316
Homeowners insurance
$144
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
4
Total area
3,550 sq ft
Finished area above grade
2,050 sq ft
Finished area below grade
1,500 sq ft
Below grade total
1,500 sq ft
Bedrooms above grade
3
Bedrooms below grade
1
Full baths, main level
2
Full baths, below grade
1
Basement
Full, Walk-Out Basement, Finished
Heating
Natural Gas, Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Living/Great Rm
Laundry
Main Level

Exterior & parking

Construction
Stone, Vinyl Siding
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
576 sq ft
Private pool
No
New construction
No

Waterfront & lake

Waterfront
Yes
Water access
Lakefront
Lake type
Non Ski Lake
Water frontage
55 ft
Water feature
Lake

Lot

Subdivision
Anderson Lake Estates
Lot features
Level, Waterfront
Lot size (acres)
0.6 ac
Lot dimensions
155X145.5
County
St. Joseph County
Township
Harris
Platted
Yes
Planned unit development
No
Directions
West on Anderson RD, Turn Left onto Cybil DR

Schools

Elementary school
Horizon
Middle school
Discovery
High school
Penn
School district
Penn-Harris-Madison School Corp.

Taxes & terms

Annual taxes
$3,795
Tax year
2025
Listing terms
Conventional, FHA
Possession
At Closing
Parcel number
71-05-17-477-006.000-011

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Gas,Range-Gas

Utilities

Water
Well
Well
Private
Sewer
Septic Tank

Income & commercial

Gas meters
15

Location

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$493,500

4 beds · 3 baths