$550,000

8.65± Acres

Active

Steuben County, IN

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1045 Fox Lake, Angola, Indiana

MLS ID: 22060613

Status: Active

Price: $550,000

Acres: 8.65±

Type: Multi-Family, Commercial

Address: 1045 Fox Lake

City, State: Angola, IN

County: Steuben County

ZIP Code: 46703

Lat/Long: 41.627152, -85.03196

Parcel Number: 760633000001000011

Year Built: 1955

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?

Directions: GPS Friendly

Additional Information

Interior

Building Area Total: 14,358

Heating: Natural Gas

Living Area Source: Assessor

Exterior

Electric: 100 Amp Service

Lot Size Square Feet: 182,952

Parking Features: Storage, Other

Road Frontage Type: City Street

Road Surface Type: Concrete

Stories: 2

Water Source: Well

Waterfront: Yes

Waterfront Features: Lake Front

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes

Additional Parcels: PT NE 1/4 SEC 33 .50 A

Days On Market: 1

Elementary School: Ryan Park Elementary School

Middle School: Angola Middle School

High School: Angola High School

High School District: MSD Steuben County

Zoning: R5

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Chad Renbarger

Fortville, Indiana

(317) 418-7712

Interested? Contact Us Today About This Listing

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© 2025 MIBOR REALTOR® Association Based on information submitted to the MLS GRID as of September 14, 2025 at 12:00:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Timothy Mcculloch of Scheerer Mcculloch Auctioneers

1045 Fox Lake, Angola, Indiana

Description

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Chad Renbarger

Interested? Contact Us Today About This Listing

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