507 S  Lakeview Dr, Albion, IN 46701
OFF MARKET

$316,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,310 sqft (on 0.39 acres)

507 S Lakeview Dr, Albion, IN 46701

Est. Refi. Payment $1,893/mo*
Refinance Your Home

Home Value

Trulia Estimate
$317K
Since last month
Increased$5K (+1.6%)
Since last year
Increased$22K (+7.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +135% in the last 10 years
MonthEstimated value
2026
August 2026$317K
August 2026$316K
July 2026$312K
June 2026$311K
May 2026$297K
April 2026$286K
March 2026$281K
February 2026$268K
January 2026$267K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.54
Single-Family Home
$132,225
10/30/25
3
1
1,252
0.64
Single-Family Home
$180,000
09/17/25
2
1
1,010
0.14
Single-Family Home
$457,000
06/11/26
3
2
1,768
1.06
Single-Family Home
$185,000
06/17/26
3
1
1,172
0.61
Single-Family Home
$345,000
11/14/25
4
2.5
2,126
1.17
Single-Family Home
$144,900
06/09/26
3
1
1,678
0.97
Single-Family Home
$225,000
09/30/25
4
2
2,740
1.90
Single-Family Home
$211,000
09/25/25
2
1
960
2.03
Single-Family Home
$145,000
06/16/26
3
1.5
1,296
2.05
Single-Family Home
$28,500
10/20/25
1
1
1,042

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$353,200
2
1.5
1,124
Off Market
0.14
$457,000
3
2
1,768
Recently Sold
0.16
$325,300
2
2
1,488
Off Market
0.24
$419,000
3
2.5
1,994
For Sale
0.35
-
-
-
-
Off Market
0.49
$246,200
3
2
2,046
Off Market
0.51
$347,200
2
1.5
1,315
Off Market
0.53
$363,900
3
2
1,428
Off Market
0.54
$136,100
3
1
1,252
Off Market
0.58
$313,800
2
2
1,558
Off Market
0.61
$345,000
4
2.5
2,126
Recently Sold
0.61
$450,000
3
2
2,066
For Sale

Local Information

  • Map ViewExplore the area around 507 S Lakeview Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1945
0.39 acre lot
1,310 sqft
$242/sqft
Garage

About this House

This single-family home is located at 507 S Lakeview Dr, Albion, IN. 507 S Lakeview Dr is in Albion, IN and in ZIP code 46701. This property has 2 bedrooms, 1 bathroom and approximately 1,310 sqft of floor space. This property has a lot size of 0.39 acres and was built in 1945.
507 S Lakeview Dr, Albion, IN 46701 is a 2 bedroom, 1 bathroom, 1,310 sqft single-family home built in 1945. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $316,900, with a rent estimate of $1,252/month.

Home Details for 507 S Lakeview Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.39 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,193
$254,300
Home facts updated by county records

Market trends in Albion

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
16

What Locals Say about Albion

At least 19 Trulia users voted on each feature.
  • 89 % Say parking is easy

  • 88 % Say car is needed

  • 84 % Say it's walkable to restaurants

  • 82 % Say yards are well-kept

  • 81 % Say it's dog friendly

  • 69 % Say there are sidewalks

  • 69 % Say there's holiday spirit

  • 68 % Say it's walkable to grocery stores

  • 68 % Say people would walk alone at night

  • 65 % Say kids play outside

  • 62 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 43 % Say there are community events

  • 40 % Say there's wildlife

  • 30 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Shane Mclean
    "I have hear for 4 yrs and what neighbors I do have a very friendly and helpful when ever anyone needs it. "
  • Shelly H.
    "Great community , good school with great sports programs. Many local owned shops and restaurants in town."
  • Krista L.
    "Very quiet neighborhood, little to no crime is evident, not a whole lot of druggies which is nice, shop owners are very welcoming, and townspeople are very nice people. "
  • shotty1201
    "There is very little traffic and people are very dog friendly here. On the other hand there are no sidewalks so you do have to pay attention."
  • Bradley P.
    "I drive less than a mile to work, or I’ll ride my bicycle. Sometimes walk if I’m feeling especially spunky that morning. It’s a small town so everything is either really close for work, or you have to drive 20 minutes or so to the next closest town. Still isn’t bad though "
  • Mjacobs10127808
    "Iv lived here over 10 years great place too call home. Great schools well protected safe neighborhood "

LGBTQ Local Legal Protections

Frequently asked questions about 507 S Lakeview Dr

  • What is 507 S Lakeview Dr estimated to be worth?
    Trulia's estimated value for 507 S Lakeview Dr in Albion, IN is $316,900.
  • Is Albion a buyer's or seller's market?
    Albion is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Albion?
    Residents describe Albion, IN as easy to park in, walkable to restaurants, and well-kept. See recently sold homes in Albion, IN.
  • What are the closest schools to 507 S Lakeview Dr?
    The closest schools to 507 S Lakeview Dr in Albion, IN are Albion Elementary School (rated 5/10), Central Noble High School (Middle, rated 5/10), Central Noble Primary School.
  • Does 507 S Lakeview Dr have air conditioning?
    Yes, 507 S Lakeview Dr in Albion, IN has air conditioning.
  • How big is the lot at 507 S Lakeview Dr?
    The lot at 507 S Lakeview Dr in Albion, IN is about 0.39 acres (16,988 sq ft).

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