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NEW PRICE - $379,900. SAME BEAUTIFUL WATERFRONT LIFESTYLE! Welcome to a home where everyday living feels a little more like a getaway! This waterfront 3-bedroom, 3.5-bath home offers a wonderful combination of comfortable living, flexible spaces and multiple levels of outdoor enjoyment, all within the Triad School District. Step inside to gleaming hardwood floors and an inviting open-concept living and dining area anchored by a fireplace. The open layout creates an effortless flow for everyday living and entertaining. The dining area opens to the fully equipped kitchen featuring ample cabinetry, pantry storage and a breakfast bar for additional casual dining. A main-level bedroom and half bath complete this level. Upstairs, retreat to a spacious primary suite designed with relaxation in mind. Step onto your private balcony and take in the waterfront views, or unwind beside the see-through fireplace shared between the bedroom and ensuite bath. The primary bath features a corner whirlpool jetted tub positioned to enjoy the warmth and ambiance of the fireplace, along with a double vanity, separate shower and private water closet. A massive walk-in closet provides generous storage. The additional upper-level bedroom features its own ensuite bath, offering added privacy and convenience for guests. The finished walkout lower level expands your living options with a family room featuring another fireplace, wet bar, full bathroom and a versatile flex room which is ideal for a home office, exercise room, hobby space or non-conforming bedroom. The laundry room includes a washer and dryer. But the true showstopper is the waterfront lifestyle. Outdoor living unfolds across three levels. Entertain on the maintenance-free wraparound deck, relax on the upper-level balcony with elevated water views, or step from the walkout lower level onto the concrete patio. From there, follow the walkway directly to the dock and spend your free time enjoying the water, fishing, kayaking or simply relaxing along the shoreline. And you don't have to sacrifice convenience for tranquility. an elementary school is nearby, while downtown Troy is just a short distance away for local dining, shopping and community conveniences. Nearby Tri-Township Park District Office provides access to an impressive collection of recreational amenities, including walking trails, playgrounds, sports fields and courts, fishing, a skate park, petting zoo, pavilions and community recreation. Here, you can enjoy peaceful waterfront surroundings while remaining close to schools, recreation, downtown Troy and everyday amenities. Whether you're entertaining friends, working from home, relaxing by the fireplace or heading down to the dock, this home offers more than a place to live, it offers a lifestyle. Schedule your private tour and experience waterfront living for yourself! All photos depicting furnished rooms have been virtually staged for illustrative purposes.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1994
  • 0.44 Acre Lot
  • Waterfront
  • 2 Car Garage
  • 68 days on Market

  • Bedrooms
    3
  • Bathrooms
    3 full · 1 half
  • Year Built
    1994
  • Architectural Style
    Contemporary
  • Construction Materials
    Wood Siding
  • Foundation
    Concrete Perimeter
  • Garage Spaces
    2.0
  • Parking Features
    Driveway, Garage Door Opener, Garage, Concrete, Off Street
  • Living Area
    2520.0
  • Interior Features
    Ceiling Fan(s), Walk-In Closet(s), Pantry, Breakfast Bar, Double Vanity, Laminate Counters, Open Floorplan, Soaking Tub
  • Appliances
    Dishwasher, Microwave, Refrigerator, Disposal, Water Softener, Washer/Dryer, Stainless Steel Appliance(s), Free-Standing Electric Range
  • Flooring
    Hardwood, Carpet, Ceramic Tile
  • Exterior Features
    Balcony
  • Patio And Porch
    Patio, Deck
  • Cooling
    Ceiling Fan(s), Central Air
  • Basement
    Full, Walk-Out Access, Partially Finished, Interior Entry, Bath/Stubbed

  • Acres
    0.44
  • Lot Features
    Waterfront
  • Water Front Features
    Waterfront
  • Water Front
    Yes
  • View
    Water
  • Utilities
    Cable Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • County
    Madison
  • City
    Troy
  • Neighborhood
    Walnut Hills Lake Estates
  • Zip Code
    62294
  • High School
    Triad
  • Middle School
    TRIAD DIST 2
  • Elementary School
    TRIAD DIST 2

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Frequently Asked Questions

How do I schedule a tour of 531 Taake Ln?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 531 Taake Ln.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 531 Taake Ln?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $379,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Troy, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 531 Taake Ln?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 531 Taake Ln at around $2,724. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 531 Taake Ln?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 531 Taake Ln?

In most cases, yes. Whether 531 Taake Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Troy's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 531 Taake Ln?

We can handle that for you. Our preferred local agent specializes in residentials in Troy and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $379,900 with 2,520 sqft of space—that comes out to approximately $151 per square foot.

How long has this property been on the market?

531 Taake Ln was listed on September 02, 2026, which means it's been on the market for 68 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1994, making it approximately 32 years old.

What is the lot size of this property?

531 Taake Ln sits on a 0.44-acre lot, which is 19,166 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: TRIAD DIST 2
  • Middle: TRIAD DIST 2
  • High: Triad

Want to see how these schools compare? Check out our Madison County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 531 Taake Ln?

The most recent public record shows annual property taxes for 531 Taake Ln were approximately $6,746. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 531 Taake Ln still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 09, 2026 at 01:54PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26049821