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  • $512,500

    1045 S West Fox Lake Rd, Angola, IN 46703

    8beds
    6,985sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $688,200 Zestimate®
    $--/sqft
    $1,848 Estimated rent

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    What's special

    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?

    Zillow last checked: 8 hours ago

    Listing updated: 20 hours ago

    Listed by:

    Timothy S McCulloch 260-441-8636,

    Scheerer McCulloch Real Estate

    Bought with:

    Timothy S McCulloch, RB14032228

    Scheerer McCulloch Real Estate

    Source: IRMLS,MLS#: 202535417MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Space Heater
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Water Softener Owned
    Features
    • Ceiling Fan(s), Storage, Beamed Ceilings, Walk-In Closet(s), Entrance Foyer
    • Flooring: Carpet, Ceramic Tile, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 14,358
    • Total interior livable area: 6,985 sqft
    • Finished area above ground: 6,985
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 12
    • Parking features: Garage, Parking Lot, Off Street Parking
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Walk to Lake Access, Frontage Lot, Ski Lake, Lake
    • Body of water: Fox Lake
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(321)
    Lot
    • Size: 8.65 Acres
    • Dimensions: 108 x 272 x 159 x 131 x 682 x 462 x 1138
    • Features: Rolling Slope, 6-9.999, Wooded
    Details
    • Additional structures: None
    • Additional parcels included: 7606-33-110-133.000-011
    • Parcel number: 760633000001.000011
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete, Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Angola
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 63600

    Other

    Other facts
    • Road surface type: Paved
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    $688,200
    2% more+$13,764
    With Zillow Showcase(estimated)$701,964