Turnkey short-term rental opportunity on the Pigeon River. Nicely renovated 2-bedroom, 1-bath waterfront home with direct access to Pigeon Lake with private dock, fire pit, back deck, and fully furnished interior. Just minutes from Shipshewana and area attractions, with easy access to the Indiana Toll Road and major travel routes. Currently operating as a successful short-term rental, this property offers the flexibility to continue as an investment or enjoy as a personal getaway.
Single-familyProperty Type
1972Year Built
4,792 sq ftLot Size
$311Price/Sq.Ft.
Listed by Richard Carpenter• Bright Star Real Estate Services LLC
Quiet Pigeon Riverfront location! Could be a weekend retreat or a year round home. Very well-maintained. Home feels bigger than it is because of the open floor plan. Located on the bend of Pigeon River & just a short pontoon ride to Pigeon Lake. Seawall along the waterfront.
IRMLS #201628898
Jul 22, 2016
Sold
$62,000
$75/sq ft
Jun 22, 2016
Listed
$69,900
$84/sq ft
+12
Quiet Pigeon Riverfront location! Could be a weekend retreat or a year round home. Very well-maintained. Home feels bigger than it is because of the open floor plan. Located on the bend of Pigeon River & just a short pontoon ride to Pigeon Lake. Seawall along the waterfront. Call today for your showing & start enjoying waterfront living this summer!
Year
Property tax
Land + Additions
Assessment*
2025
$1,515 (+37.5%)
$20,300 + $139,800
$160,100
2024
$1,102 (+7.0%)
$20,300 + $101,600
$121,900
2023
$1,030 (+2.3%)
$13,500 + $98,700
$112,200
2022
$1,007 (+29.7%)
$11,800 + $90,800
$102,600
2021
$777 (−12.1%)
$11,200 + $74,900
$86,100
2020
$883 (−2.3%)
$10,900 + $77,900
$88,800
2019
$904 (+29.2%)
$10,900 + $77,500
$88,400
2018
$700 (−7.3%)
$10,400 + $54,400
$64,800
2017
$755 (+1,577.1%)
$10,400 + $59,100
$69,500
2016
$45 (+2.3%)
$10,400 + $59,100
$69,500
2015
$44 (−78.5%)
$10,400 + $57,200
$67,600
2013
$205
$10,400 + $57,500
$67,900
Public record
Beds
2
Baths
1
Stories
1
Lot width
56 ft.
Lot depth
84 ft.
Lot size
4,704 Sq. Ft.
Year renovated
2015
Finished Sq. Ft.
832
Unfinished Sq. Ft.
—
Total Sq. Ft.
832
Year built
1972
Style
Single Family Residential
County
LaGrange County
APN
440327300020003012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 11, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Howe, IN • 46746
Average low and high temperatures (°F)
28
17
36
21
54
35
62
43
68
50
79
62
83
66
79
61
77
55
65
46
49
37
36
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Howe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5245 N 290 W
$249,539
$9,461 under list price of $259K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $430K.