Lake Shama: mobile home park in New Castle, Indiana
Unofficial page — independent directory built from the Indiana state registry, updated July 2026.
Run this park? Correct anything on this page free — no card, no account.
- Rent nearby
- 2-bedroom fair market rent $956/mo (HUD FY 2026)
- Wildfire risk
- Higher than 3% of U.S. counties (USFS, county-wide)
- Tornadoes
- 23 recorded in Henry County since 1950, strongest F4 (NOAA)
- Internet
- 100% of homes at 100/20 Mbps · fiber 96% · gigabit 96%
- Neighborhood
- Median rent $792/mo · median income $57,000 · 4% mobile homes
Distances are straight-line, so the drive is longer. Internet and neighborhood figures describe the surrounding town — and the rent benchmark, wildfire rank, and tornado count the wider county — not this park’s own lots. The fair market rent is apartment-style rent (HUD’s area benchmark), not this park’s lot rent. Rent limits are not legal advice.
For residents
- Water billing: if your community sub-bills water, Indiana caps the charge at the actual cost the utility billed you plus a reasonable administrative fee of no more than $4 a month, with no late fees on the sub-bill and at least 17 days to pay (IC 8-1-2-1.2). Check the math free with the water submeter calculator.
- Paying rent: ask the park office how they take payment. Parks that run on Lot Sidekick hand residents clear, itemized rent and water bills.
- Thinking about moving here? What to ask a park before you rent a lot, and what lot rent covers and how it goes up.
Common questions
Is this Lake Shama's official website or phone number?
No. This is Lake Shama's page in the Lot Sidekick park directory, built from the state registry. We're independent of the park and can't take messages for it. The park office hasn't added a public contact here yet; if you own the park, claiming the page (free) lets you add one.
Where is Lake Shama?
8346 Old South State Road 103, New Castle, Indiana 47362, in Henry County.
How much is lot rent at Lake Shama?
Lake Shama doesn't publish its lot rent anywhere we could find, and we won't guess at a figure. Call the park office to ask. For scale: HUD's FY 2026 fair market rent for a 2-bedroom rental around Henry County is $956/mo — that's apartment-style rent for the area, and lot rent (the ground under a home you own) usually runs well below it. If you run this park, you can add your real lot rent to this page for free.
How much can lot rent go up at Lake Shama?
Indiana sets no statewide cap on lot-rent increases, and state law bars cities and counties from setting a local one (IC 32-31-1-20). A mobile-home lot counts as a “dwelling unit” under the general landlord-tenant law, which sets 30 days' notice to change a rental agreement unless your written lease says otherwise (IC 32-31-5-3, 32-31-5-4).
Nearby parks in Henry County
| Park | Distance |
|---|---|
| Crestwood MHC | — |
| Glenwood Mobile Home Community | — |
| Golden Pebble MHC | — |
| New Castle Meadows MHP | — |
| New Castle Mobile Home Court | — |
Free tools
- Park value & profitability estimator: what the park earns and what it's worth, at the cap rate you pick.
- Rent increase calculator: the 2026 Indiana rules applied to your park.
- RUBS calculator: split one master-meter water bill across your lots so the pennies add up exactly.
- Water submeter calculator: two meter reads in, an at-cost tenant bill out.
- Notice generator: a clean, printable rent-increase notice with the dates filled in.
- Rent receipt generator: a printable receipt for a cash, check, or money-order payment — two copies to a sheet.
- Prorated rent calculator: the exact first-month charge when someone moves in mid-cycle.
Registry record
| State registry ID | 33-MHC0011 |
|---|---|
| Registered with | The Indiana Department of Health |
| Listed as | Lake Shama |
Data from official state registry that may be out of date.
Source: Indiana Department of Health manufactured/mobile home community roster (eportal.isdh.in.gov), as of July 23, 2026. Counts come from the state's registry and can lag real life. See something out of date? Tell us, or claim the page.
https://lotsidekick.com/parks/indiana/henry/lake-shama