The Lake Estate Report FA L L 2 0 2 6
INSIDE:
Local Market Insights • Four Exceptional Lake Properties • Home Tours with Angie
Your Lake. Your Lifestyle. Our Expertise.
Presented by
Angie Racolta & The Racolta Group Your Lake Estates Listing Specialists
Prepared Especially for
The Racolta Group Seller
Angie Racolta & The Racolta Group R EA LTO R ® | B RO K E R T EA M OW N E R
574.457.3160 angie.racolta@thergroupteam.com thergrouprealestate.com
Your Lake. Your Lifestyle. Our Expertise.
Exceptional Homes. Extraordinary Lake Living. From striking contemporary design to timeless waterfront elegance, these four properties offer their own distinctive way to enjoy Northern Indiana lake life.
LAKE WAWASEE | 11751 N BLACK POINT ROAD
LAKE WAWASEE | 11199 NE WAWASEE DRIVE
A Legacy Estate on Lake Wawasee.
Modern Design. Remarkable Lake Living.
Nearly 1,000 feet of waterfront, a private 2.7-acre peninsula, boat house, multiple residences, and extraordinary recreation and outdoor living. LISTED FOR $8,885,000
Architectural detail, expansive glass, an infinity pool, 75 feet of lake frontage, a guest house, and more than five acres create a remarkable lake retreat. LISTED FOR $5,900,000
LITTLE TIPPY | 244 EMS T5 LANE
LAKE TIPPECANOE | 3 EMS T34D2 LANE
Designed for Unforgettable Lake Days.
Timeless Elegance. Panoramic Lake Views.
A custom-built home with generous gathering spaces, seven bedrooms, 100 feet of frontage, and luxury amenities for entertaining. LISTED FOR $3,999,000
A peninsula setting with over 650 feet of frontage, an impressive timeless brick home, and elegant turnkey lake living. LISTED FOR $3,600,000
Beautiful Homes Deserve More Than a Photo. Step Inside. Join Angie for Home Tour videos showcasing distinctive homes, thoughtful design, and Northern Indiana lake living. Whether you’re searching for your next home or simply love exploring beautiful properties, come take a look. SCAN TO WATCH OUR HOME TOURS—and subscribe to The Racolta Group on YouTube.
Here’s What We’ve Seen In The Past 12 Months... STATISTICS BASED ON DATA FOR THE PREVIOUS 12 MONTHS (ENDING IN Q3 2026 OCTOBER 1 ST, 2025 - SEPTEMBER 30 TH , 2026)
Lake / Community
Active Inventory As of 9/30/26
Pending Inventory As of 9/30/26
Homes Sold 10/1/25 - 9/30/26
Average Days on Market (Sold)
Average Sold Price
Top Sold Price
Barbee Chain
13
1
37
66
$412,494
$1,099,000
Chapman Lakes
8
0
11
52
$511,045
$1,100,000
Dewart Lake
0
2
8
36
$297,312
$720,000
Lake Tippy
12
5
17
56
$965,225
$3,600,000
Lake Wawasee
23
9
79
62
$1,157,383
$7,200,000
Papakeechie Lake
1
0
5
43
$372,600
$490,000
Syracuse Lake
2
1
12
90
$954,008
$2,260,000
Webster Lake
5
4
19
66
$463,161
$865,000
Winona Lake
4
3
14
53
$868,678
$1,750,000
TOTALS:
68
25
202
58
$666,878
$2,120,444
23 Homes
$603,280
59 Days
VS. 3 6 IN SE PT E MB E R 2025
VS. $ 6 8 5,89 6 IN S E PT E M BE R 202 5
VS. 8 2 DAYS IN S E PT E M BE R 202 5
TOTAL HOMES SOLD
AVERAGE SOLD PRICE
Northern Indiana Lake Market Report What These Numbers Mean for Your Lake Home Lake-wide statistics provide perspective, but your home’s value depends on more than an average. Frontage, water access, condition, layout, and comparable sales all help shape its position in the market. Whether you’re considering selling this fall or planning for next year, start with a strategy specific to your property. Over the past 12 months, 202 homes sold at an average price of $666,878. September sales were 36% lower than last year, with the average sold price coming in at $603,280. However, homes sold faster, with average days on market improving from 82 to 59. Despite fewer monthly sales, continued pending activity and available inventory point to an active market where buyers have options and well-positioned homes continue to attract interest.
Angie’s Market Outlook “The right time to sell starts with your goals and the competition your home will face. For some owners, that may mean moving forward this fall. For others, it means using the coming months to prepare. My advice is to start the conversation early so we can make thoughtful decisions about timing, presentation, and price.” —Angie Racolta
AVERAGE DAYS ON MARKET
Thinking About Selling in 2027? Start Here. Capture exterior and waterfront photos before winter. Identify repairs and updates worth completing. Explore the best time to list based on market conditions. Discuss staging and presentation before investing in renovations. Build a pricing and launch plan around your goals.
THE RACOLTA GROUP SELLER, What Could Your Lake Home Sell For? Let’s review comparable sales, your home’s waterfront features, and a strategy that fits your plans. Call 574.457.3160 for a personal market review.
Angie Racolta, The Racolta Group Real Estate, and Encore | Sotheby’s International Realty are not in any way affiliated with Lake Estates area Home Owners Association, nor is this in any way an official advertisement or publication of Lake Estates area. © 2026 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRMLS between October 1st, 2025 to September 30th, 2026. Listings and sales may not be those of Encore | Sotheby’s International Realty or The Racolta Group Real Estate. The IRMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Angie Racolta & The Racolta Group
801 N Huntington Street, Suite 1 Syracuse, IN 46567
R EA LTOR ® | B ROK ER T EA M OW N ER
574.457.3160 angie.racolta@thergroupteam.com thergrouprealestate.com
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2026
Your Next Move Deserves a Thoughtful Plan.
A Note from Angie
Selling a lake home involves more than choosing a price and putting
lakes—cooler mornings, colorful shorelines, and
it on the market. It starts with understanding what makes your
evenings gathered around the fire. It’s a season I
property valuable, how it compares with other homes, and how to
always look forward to, and a reminder that lake
present it to the right buyers.
living offers so much beyond summer.
At The Racolta Group, we bring those pieces together with personal
It’s also a natural time to think about what
guidance—from the first conversation through closing.
comes next. Perhaps you’re considering another
What Sets Us Apart $72M+ SOLD IN 2026 THROUGH SEPTEMBER | 115+ CLIENTS SERVED
PROPERTY-SPECIFIC STRATEGY
LOCAL EXPERTISE. GLOBAL REACH.
Pricing, timing, and marketing built around your home and your goals.
Northern Indiana knowledge supported by Encore Sotheby’s International Realty’s network.
WATERFRONT KNOWLEDGE
A COORDINATED TEAM
Attention to frontage, channels, piers, access, and the details that shape lake property value.
Agents, marketing, administration, and transaction coordination working together.
ELEVATED PRESENTATION
PERSONAL GUIDANCE
Staging guidance, professional photography, video, and 2D tours that help buyers understand the home.
Honest advice, clear communication, and support throughout your move.
Fall brings a different kind of beauty to our
summer in your home, looking for more room for family, or beginning to plan a sale. Whatever your next chapter looks like, our team is here to help you think it through. In this issue, we’re sharing updated market information and four exceptional lake properties. We’re also inviting you to join us on YouTube for Home Tours that bring these homes—and the lake lifestyle—to life. Thank you for your continued trust and referrals. Wishing you a beautiful fall at the lake!
See How We Would Present Your Home. Explore our photography, video, interactive tours, and property marketing examples. SCAN TO EXPLORE OUR MARKETING AND REQUEST YOUR PERSONAL STRATEGY.
Angie Racolta CEO | The Racolta Group Encore Sotheby’s International Realty