Home Insurance in Shamrock Lakes, Indiana
The median home value in Shamrock Lakes is $166,400, 55% higher than the Blackford County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Shamrock Lakes was built around 1976. About 3% of homes were built before 1960, about 47 points below Blackford County's 51%.
Housing in Shamrock Lakes breaks down to 100% single-family homes.
77% of owner-occupied homes in Shamrock Lakes carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 98% of occupied homes in Shamrock Lakes are owner-occupied.
In Shamrock Lakes, 83% of homes are primarily heated with electricity. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Blackford County's top FEMA-rated hazard is tornado (Relatively Low), per FEMA's National Risk Index. Blackford County had 4 active NFIP flood policies as of September 2026. See the full Blackford County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $166,400 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 77% |
| Top county hazard | Tornado (Relatively Low) |
| Active NFIP policies in Blackford County | 4 |
| Home insurance premium | $1,259 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)