1045 S West Fox Lake Road Active Save Request In-Person Tour Request Virtual Tour
Angola,IN 46703
$ 550000
8 Beds
4 Baths
6985 SqFt
Key Details
Property Type Condo
Sub Type Apartment Complex
Listing Status Active
Purchase Type For Rent
Square Footage 6,985 sqft
MLS Listing ID 202535417
Style Two Story
Bedrooms 8
Full Baths 4
Year Built 1955
Annual Tax Amount $420
Tax Year 2025
Lot Size 8.650 Acres
Property Sub-Type Apartment Complex
Property Description
Auction held onsite, Saturday, October 11th, 2025, 10:00 AM Eastern | Open Houses Saturday, September 27 & Saturday, October 4, 2025, 10:00 - 11:30 AM Eastern | The price stated on this property is the assessed value. | This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. | $35,000 down day of the auction. | To see all terms, please visit our website. | Once in a lifetime opportunity to own amazing 3 Tract lakefront parcel containing 13,000+ sqft 4 unit (8 bed, 4 bath) apartment building, 10 car garage (all w/ R5 high-density multifamily zoning), beautiful countryside & 321' of frontage on (skiing) Fox Lake—so much potential! Prime location SE of I-69 & US-20 intersection just outside Angola, easy access to major highways plus convenient shopping, dining & groceries in town w/ all benefits of country—fresh air, surrounded by nature & stunning waterfront views! Note: Tract 1 contains apartments (condo conversion zoned R5) & half acre on lakefront for total 6.9 acres & 321' of gorgeous lakefront. Tract 2 is 1.75 acres to south of apartments. Tract 3 is the combination of Tracts 1 & 2 (8.65 acres total). Fox Lake is picturesque body of water where you can enjoy fishing, boating & swimming. Outside dimensions of center building are 60' x 50' netting 2,850 sqft per floor, allowing for 10 vehicles in ground level garage. Space above garage is not finished, just waiting & ready for you to bring it to life! It features a wall of lakefront windows & can be turned into a communal space, office, another apartment—sky's the limit! Apartments are tidy & well maintained w/ split 2 bedroom floor plan & one bath each. The apartment building is in great shape & has been well maintained from outside in. All 4 apartments are move-in ready w/ some variation in stages of updates. For example, 1 apartment has newer floors, some bathrooms have been updated, one apartment has stainless appliances, etc. All have open concept main living space w/ full waterfront views, full kitchen & bath w/ tub/shower combo. So many options for this property w/ space for new construction or build out, there's plenty of space to go big! Convert to condos (8-12 units) or build the mega mansion of your dreams with the sparkling blue lake mere steps away, a relaxing & serene setting all year long! Are you ready to carve out a slice of history & make your mark on this lake?
Location
State IN
County Steuben County
Area Steuben County
Rooms
Dining Room 0
Interior
Flooring Carpet,Ceramic Tile,Vinyl
Fireplaces Number 3
Laundry , 12
Exterior
Garage Spaces 1.0
Amenities Available Ceiling Fan,Off Street Parking,Storage,Cable Available,Ceilings-Beamed,Closet(s) Walk-in,Foyer Entry,Water Heater Gas,Water Softener-Owned
Waterfront Description Lake
Building
Lot Description Rolling,Waterfront,6-9.999,Water View,Wooded
Story 2
Structure Type Block,Concrete,Vinyl
New Construction No
Schools
Elementary Schools Ryan Park
Middle Schools Angola
High Schools Angola
School District Msd Of Steuben County
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202535417