Total monthly cost of ownership
Cost to Own a Home in Country Squire Lakes, Indiana
A $29,000 home here costs
$446per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $149. The real number is $297 higher every month — 199% 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.
Country Squire Lakes against Jennings County and Indiana
| Measure | Country Squire Lakes | Jennings County |
|---|---|---|
| Median home value | $28,600 | $154,600 |
| Median property tax | $345 | $903 |
| Effective tax rate | 1.206% | 0.584% |
| Median gross rent | $1,236 | $906 |
| Population | 3,211 | 27,584 |
The weather behind that power bill
Country Squire Lakes sits in Jennings County, which averages a high of 85.5°F in its hottest month and a low of 23.3°F in its coldest, with 49.3" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,096 cooling and 4,775 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Jennings County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jennings County
Full Jennings County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Country Squire Lakes?
A $29,000 home in Country Squire Lakes, Indiana costs approximately $446 per month with 20% down at 6.66%. That is $149 principal and interest, $29 property tax, $12 homeowners insurance, $231 utilities and $24 set aside for maintenance.
What is the property tax rate in Country Squire Lakes?
Country Squire Lakes has an effective property tax rate of 1.206%, based on a median home value of $28,600 and median real estate taxes of $345. That is higher than the Jennings County average of 0.584%.
What is the average home price in Country Squire Lakes?
The median owner-occupied home value in Country Squire Lakes, Indiana is $28,600, against $154,600 across Jennings County.
Is it cheaper to rent or buy in Country Squire Lakes?
Median gross rent in Country Squire Lakes is $1,236 a month, against $446 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Country Squire Lakes — 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.