Total monthly cost of ownership
Cost to Own a Home in Bass Lake, Indiana
A $234,000 home here costs
$1,880per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,203. The real number is $677 higher every month — 56% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bass Lake against Starke County and Indiana
| Measure | Bass Lake | Starke County |
|---|---|---|
| Median home value | $233,900 | $148,400 |
| Median property tax | $1,806 | $895 |
| Effective tax rate | 0.772% | 0.603% |
| Median gross rent | $945 | $690 |
| Population | 1,067 | 23,300 |
The weather behind that power bill
Bass Lake sits in Starke County, which averages a high of 82.4°F in its hottest month and a low of 15.8°F in its coldest, with 42.22" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 697 cooling and 6,297 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Starke County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Starke County
Common questions
How much does it cost to own a home in Bass Lake?
A $234,000 home in Bass Lake, Indiana costs approximately $1,880 per month with 20% down at 6.66%. That is $1,203 principal and interest, $151 property tax, $100 homeowners insurance, $231 utilities and $195 set aside for maintenance.
What is the property tax rate in Bass Lake?
Bass Lake has an effective property tax rate of 0.772%, based on a median home value of $233,900 and median real estate taxes of $1,806. That is higher than the Starke County average of 0.603%.
What is the average home price in Bass Lake?
The median owner-occupied home value in Bass Lake, Indiana is $233,900, against $148,400 across Starke County.
Is it cheaper to rent or buy in Bass Lake?
Median gross rent in Bass Lake is $945 a month, against $1,880 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bass Lake — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.