1542 E  Lake Rd, Princeton, IN 47670
OFF MARKET

1542 E Lake Rd
Princeton, IN 47670

  • 2 Beds
  • 1 Bath
  • 1,290 sqft (on 2.98 acres)

$231,500

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,382/mo*

$231,500

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $1,382/mo*
2 Beds
1 Bath
1,290 sqft
(on 2.98 acres)

Local Information

  • Map ViewExplore the area around 1542 E Lake Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1962
Lot Size
2.98 acres
Living Area
1,290 sqft
Price/Sqft
$179
Parking
Garage

Description

This is your chance to live in a home in a park like setting on Lake Road with 2.98 acres in Princeton. Relax and enjoy the view from the hilltop while sitting on the huge outside porch. The rustic home was built in 1962 by the original owner who loved to work with wood. Every interior wood piece was hand selected and worked on by the original owner. The interior walls are lined by red cedar wood. The closets in the bedrooms are cedar lined. The stainless steel kitchen stove is the original one and is now a collector's item. The living room has large windows allowing plenty of natural light to enter. A large wood burning fire place at the end of the living room will provide plenty of quite time for reading or you can enjoy watching the snow fall in the winter while sitting in a cozy warm room. The present owner and only second owner of the home, has added an office to the home, replaced all carpeting and installed laminate floor in the hallway. A breakfast bar was added to the kitchen counter top. A new field bed for the septic system was added in 2009. The backyard has a 60 ft Guyed Tower for a ham radio antenna. The metal roof has a 50 year warranty and is only 5 years old. One of the garage slots is set up as a wood working room and is a handyman's dream. All woodwork that is in the home was finished in this room. Excluded from sale: Refrigerator, washer & dryer and all tools in the garage.
1542 E Lake Rd, Princeton, IN 47670 is a 2 bedroom, 1 bathroom, 1,290 sqft single-family home built in 1962. It last sold for $117,500 on Jul 16, 2012. It is currently off market. The Trulia Estimate is $231,500, with a rent estimate of $1,490/month.

Home Details for 1542 E Lake Rd

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Floors: Carpet, Laminate, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: MetalExterior: BrickPatioPorch
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.98 acres

Price History for 1542 E Lake Rd

DatePriceEventSource
07/16/2012$117,500Sold
N/A
03/07/2012$124,900PriceChange
Agent Provided
09/21/2011$129,900Listed For SaleAgent Provided

Market trends in Princeton

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41
1
MoM
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Comparable Sales for 1542 E Lake Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Single-Family Home
$120,000
12/22/25
2
1
1,048
0.19
Single-Family Home
$299,900
01/13/26
3
2
2,400
0.41
Single-Family Home
$167,700
02/11/26
3
1
1,107
0.40
Single-Family Home
$282,000
07/08/26
3
2
1,584
0.45
Single-Family Home
$249,000
08/29/25
3
2
2,256
0.73
Single-Family Home
$260,000
04/27/26
3
2
1,480
0.54
Single-Family Home
$285,000
12/29/25
3
2
1,843
1.05
Single-Family Home
$70,382
12/18/25
2
1
1,219
0.99
Single-Family Home
$60,000
06/15/26
2
1
1,102
0.93
Single-Family Home
$81,500
09/16/25
3
1
912

Nearby homes

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Assigned Schools

These are the assigned schools for 1542 E Lake Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Princeton

At least 21 Trulia users voted on each feature.
  • 97 % Say car is needed

  • 87 % Say yards are well-kept

  • 87 % Say parking is easy

  • 75 % Say kids play outside

  • 69 % Say there's holiday spirit

  • 67 % Say it's dog friendly

  • 61 % Say they plan to stay for at least 5 years

  • 53 % Say there's wildlife

  • 51 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say it's quiet

  • 43 % Say there are sidewalks

  • 39 % Say streets are well-lit

  • 38 % Say it's walkable to restaurants

  • 26 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Pamela Stocker
    "Fair, events at the fair ground and up town around the square. Community support for different events. "
  • Trulia User
    "been here for 8 years. pretty friendly and quiet. plenty of jobs and places to eat. a place to have a family. "
  • Kenneth W.
    "There is limited public transportation. Most residents commute with personal vehicles. Businesses and employers are spread out and not concentrated in one area. "
  • Ronbarker
    "There is no public transportation. I personally use a vehicle for all commuting. There are school buses for children going to and from school."
  • Ronbarker
    "Located outside of town but close enough to look across some fields and wooded areas to see town. Feels rural but still convenient to everything."
  • Amy E.
    "This is a great neighborhood! Neighbors are extremely friendly, it's very quiet and shops, restaurants, schools, etc. are very close by. "

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Homes for sale near 1542 E Lake Rd

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Off Market Homes Near 1542 E Lake Rd

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