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Listed by Timothy McCulloch • Scheerer McCulloch Auctioneers
$ 550,000
Est. payment /mo
New
1045 SW Fox Lake RD Angola, IN 46703
14,358 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 14,358 sqft
Price per Sqft $38
MLS Listing ID 22060613
Year Built 1955
Tax Year 2024
Lot Size 8.650 Acres
Acres 8.65
Property Sub-Type Multi-Family 5+
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. Are you ready to carve out a slice of history & make your mark on this lake?
Location
State IN
County Steuben
Zoning R5
Interior
Heating Natural Gas
Cooling Other
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Septic System
View Y/N true
View Water
Building
Story 2
Water Well
Architectural Style Other
Structure Type Block,Other
New Construction false
Schools
Elementary Schools Ryan Park Elementary School
Middle Schools Angola Middle School
High Schools Angola High School
School District Msd Steuben County
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