1045 S West Fox Lake Road, Angola, IN 46703
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1045 S West Fox Lake Road,Angola, IN 46703
$550,000
- 8 Beds
- 4 Baths
- 6,985 sq. ft.
- Multi-family
- Active
Listed by:timothy mcculloch
Office:scheerer mcculloch real estate
MLS#:202535417
Source:Indiana Regional MLS
Price summary
- Price:$550,000
- Price per sq. ft.:$38.31
About this home
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?
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Home facts
- Year built:1955
- Listing ID #:202535417
- Added:21 day(s) ago
- Updated:September 25, 2025 at 12:41 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:6,985 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Gas, Space
Structure and exterior
- Year built:1955
- Building area:6,985 sq. ft.
- Lot area:8.65 Acres
Schools
- High school:Angola
- Middle school:Angola
- Elementary school:Ryan Park
Utilities
- Water:Well
- Sewer:Septic
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$38.31
- Tax amount:$420
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