drone / aerial view of a forest and a nearby body of water | Image 1

$550,000

1045 W Fox Lake Rd, Angola, IN

Real Estate

For Sale

$--,---,---

000

Key Facts
Description
Map

Key Facts

Type Multi-Family 5+

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 24

Approx. Age 1955

MLS® Number 22060613

Property Address:

Average square foot calculated using Size range provided by listing agent.

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?Show Description

MLS® Number22060613

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Closet

Exposure

Exterior

GarageNo

Approx. Age1955

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatNatural Gas

A/COther

Heating Fuel

Extras

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