Schaefer Lake, IN

Population
229
U.S. Census American Community Survey 5-Year · 2024
Elevation
719 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$257,800
U.S. Census American Community Survey 5-Year · 2024
Median Income
$130,721
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Schaefer Lake

Schaefer Lake is a quiet, close-knit neighborhood centered around a private reservoir in northeastern Bartholomew County. If you are looking for waterfront living with a relaxed pace, this small pocket of homes offers calm water, fishing, and boating right outside your door. It sits about thirteen miles northeast of Columbus, giving residents an easy drive to regional shopping, dining, and major employers.

The community took shape in the 1950s when Albert Schaefer dammed Duck Creek to build a dedicated retreat. Over the decades, it grew from a collection of weekend cabins into a year-round neighborhood managed by an active property owners association. Today, residents enjoy scenic lakeside living with a laid-back feel, all while staying just minutes away from the historic town of Hope.

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