S  550 E, Hamilton, IN 46742
OFF MARKET

S 550 E
Hamilton, IN 46742

  • 6 Beds
  • 5 Baths
  • 6,549 sqft (on 153.31 acres)

$1,417,000

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $7,821/mo*

$1,417,000

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $7,821/mo*
6 Beds
5 Baths
6,549 sqft
(on 153.31 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Pride in ownership of this property can be seen in the details of 2728 S 550 E Hamilton, IN 46742 in Steuben County. This property offers 153.31 +/- acres with an option to purchase just the home with 19 +/- acres. A 5 +/- acres of the ground is a stocked lake which your family could enjoy for all seasons. Hunting pressures over the years have been to a minimum which offers a dense population of whitetail deer, turkey, squirrel, rabbit, and other small game. 97 tillable acres bring in an annual income of $20,000 for the family. The 6,549 Sq Ft home offers 6 beds and 5 baths. The gourmet kitchen offers an open concept look with stainless steel appliances and granite counter tops. The island and peninsula provide great additional countertop space for entertaining. The spacious living room area has a high vaulted ceiling with a living room home theater system. The fireplace is a natural wood fireplace with the option to transition to gas. The master bedroom is located on the second floor with 2 walk in closets and a spacious master bath. Three additional bedrooms are located on the upper floor with 2 more in the basement with ample daylight from half-wall windows (all bedrooms have their own closets). The basement offers an entertainment area with the option for future kitchen plumbing. Heading outside, the pool area offers a large covered outdoor cooking area with custom concrete countertop, built-in professional electric smoker, professional lifetime warranty gas grill, and a ceramic Komodo style cooker. This area also contains a stainless steel sink with hot and cold water and 3 large under counter storage areas with stainless steel doors. The pool is a 39'X16' Viking fiberglass pool with PCS motorized full cover and Hayward Chlorine generating system. The pool house has a half bath and inside storage for pool mechanics and pool items. A bar with custom concrete countertops is attached to the pool house. There's a large natural stone fire pit with natural stone seating for your evening campfires. The barn offers a 32'X64' main barn with 12'X24' enclosed extension and a 12'X48' covered extension. The upstairs is a 15'X64' along with side storage areas. This property offers a "Turn Key" possibility as well!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for S 550 E

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 3

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 153.31 acres

Price History for S 550 E

DatePriceEventSource
10/21/2020$2,200,000ListingRemovedAgent Provided
10/08/2020$2,200,000Listed For SaleAgent Provided
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$435
Assessment$51,400
Home facts updated by county records

Comparable Sales for S 550 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Single-Family Home
$395,000
07/14/25
4
2
2,588
0.88
Single-Family Home
$425,000
12/11/25
4
2
2,880
1.60
Single-Family Home
$465,000
02/17/26
3
2
1,900
2.22
Single-Family Home
$1,315,000
06/18/25
5
4
4,440
2.22
Single-Family Home
$800,000
09/02/25
5
3.5
3,140
1.99
Single-Family Home
$400,000
04/14/26
3
2.5
2,002
2.28
Single-Family Home
$850,000
06/20/25
5
2.5
2,244
2.15
Single-Family Home
$325,000
05/01/26
3
2
2,294
2.24
Single-Family Home
$167,708
10/14/25
3
3
1,592
2.53
Single-Family Home
$303,000
11/07/25
4
2
2,052

What Locals Say about Hamilton

At least 9 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 92 % Say yards are well-kept

  • 83 % Say kids play outside

  • 77 % Say it's walkable to grocery stores

  • 77 % Say streets are well-lit

  • 69 % Say it's walkable to restaurants

  • 69 % Say car is needed

  • 67 % Say people would walk alone at night

  • 64 % Say there's holiday spirit

  • 64 % Say there are community events

  • 58 % Say there's wildlife

  • 54 % Say there are sidewalks

  • 54 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 33 % Say they plan to stay for at least 5 years

Learn more about our methodology.
  • Vannessa D.
    "People walk there dogs around town all the time. The mail lady will even give them treats if she sees them. "
  • Kblood413
    "It’s a small town where everyone still knows everyone for the most part. It’s a relatively safe community with family friendly environment. Although the school system is lacking unfortunately, it is a great place to raise a family. "
  • Lisa F.
    "I absolutely LOVE Hamilton Lake! It is an ALL SPORTS lake, so Surfing, Wake boarding, Skiing, Jet Skiing, and just going fast is permitted! The town is right on the lake and you can go to 3 Restaurants by boat, or park your boat downtown and walk to the rest of the wonderful Restaurants! There is a newer development on the NW side of the lake that has Lake lots for sale under $50 K. The fishing is great, with large mouth bass, blue gill, perch crappie, pike, (some walleye) and gar for spear fishing at night! Hamilton Lake consists of 842 Acres and the depth is 70 feet. There are 2 marinas on the lake and some weekly cottage rentals. The community is very active with a Garden Club, Fish and Game Club, and a very active Chamber of Commerce. The Christmas Parade has 40+ horse drawn wagons decorated with lights and brings "Santa into Town" ! It is always the 1st Sat night after Thanksgiving! The Town closes off one of the streets for the Fall Festival including a street dance, corn hole contest, and different games for the kids, AND adults! There is a 4th of July Parade, and a Memorial Day Parade. The small grocery store has the best meat counter you will find! A "Dollar General" just opened last year. Rose Bros. Pizza and Rose Bros. Too will be your favorite hang-out, Rogers Harvest House is another local restaurant! Ice fishing was great this year, along with the snow mobiles. The lake never is too busy, like some of the lakes in Angola! It is very peaceful and quiet! You will not be disappointed with the FUN you will have here in Hamilton!"
  • force4
    "Hamilton is a great small town, outstanding grocery store right in town, nice restaurants, clean, zero crime, no traffic. Hamilton Lake is a very nice family recreational lake. Good hunting in the area, deer and wild turkey. 20 minutes to Angola for more shopping, 40 minutes to Fort Wayne. Great area for motorcycle and horseback riding. "

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Homes for sale near S 550 E

Skip to last item
Skip to first item

Homes for rent near S 550 E

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near S 550 E

Skip to last item
Skip to first item
S 550 E, Hamilton, IN 46742 is a 6 bedroom, 5 bathroom, 6,549 sqft single-family home built in 2002. This property is not currently available for sale. The current Trulia Estimate for S 550 E is $1,417,000.