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Property view

500 E Medusa Street, 
Syracuse, IN 46567

$850,000


4

Beds


3

Baths


2,463

Sq Ft


Single Family

Sold

Listed by

Angela Racolta, Cell: 317-750-1600

Encore Sotheby'S International Realty

MLS#

202602507

Source:

Indiana Regional MLS

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About This Home

500 E Medusa Street

Enjoy easy, relaxed lake living on beautiful Syracuse Lake. Tucked away on a dead-end street, this well-maintained 4-bedroom, 3-bath lakefront home offers 68 feet of firm shoreline with seawall, peaceful water views, and a rare flat walkout to the lake—making time on the water effortless and enjoyable. A standout feature you don’t find often is the attached 5-stall garage, providing exceptional space for lake toys, vehicles, watercraft, and storage. The generous lot offers level access to the shoreline, ideal for swimming, boating, and enjoying long lake days. A new maintenance-free wraparound deck sits just off the main living space and creates the perfect setting for entertaining, grilling, or simply taking in the waterfront scenery. Inside, the home offers a functional and spacious layout. The upper level features a private primary suite with a full ensuite bath and walk-in closet. On the main level, two additional bedrooms—each with patio doors—open directly to the lakeside patio. You’ll also find a full bath, main-floor laundry, and an open-concept kitchen and living area filled with natural light. Two sliders lead out to the deck, extending the living space outdoors and highlighting the lake views. The finished walk-out lower level adds even more versatility, featuring another bedroom, full bath, cozy wood stove, and a kitchenette/bar area—perfect for hosting family and friends. Step outside to a covered patio and stamped concrete area, ideal for morning coffee, sunrise gatherings, or relaxing by the water. Recent updates include new laminate flooring in the main living areas, a brand-new A/C, furnace, and water heater, fresh exterior paint, and a completed pre-listing inspection with repairs already addressed, offering peace of mind and move-in readiness. While the home has been well cared for, it also presents an excellent opportunity to update and personalize the interior to today’s style. Located just minutes from town, parks, dining, and shopping, and situated along the Syracuse–Wawasee Trail, a scenic 4+ mile path wrapping around Syracuse Lake and extending into downtown. Even better—Syracuse Lake connects directly to Lake Wawasee, allowing you to enjoy expanded boating, dining by boat, and access to Indiana’s largest natural lake right from your pier, Pier 058. See Floor plan in attached documents.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1987

Subdivision & Development:

None

Price Summary

949,000

$385 per Sq. Ft.

MLS #:

202602507

Sold:

June 5, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,463 Sq. Ft.


Structure

Structure

Architectural Style:

One and Half Story

Building Area:

2,463 Sq. Ft.

Year Built:

1987


Lot

Lot Size (Sq. Ft):

16,520


Finances & Disclosures

Finances

Price:

$949,000

Price per Sq. Ft:

$385 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.