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    1 Lakewood Dr Vincennes, IN 47591

    For Sale
    $55,000

    Residential Land - Vincennes, IN

    Lot size:
    1.25 Acres
    Days on Market:
    108
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 1 Lakewood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    42-12-23-101-018.000-022
    Lot size
    1.25 Acres

    Taxes and HOA fees

    Expense value
    225
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Klein Realty and Auction, Inc. (812) 882-2202 [email protected]

    Listing agent Heath Klein (812) 882-2202 License #RB14031758

    Listing date Aug 21, 2025

    MLS# 48272 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Vincennes, Indiana

    This residential land is located in Vincennes, Indiana. The lot size is 1.25 acres. It is situated in Lakewood and offers city services, including water, sewers, and trash removal. The area features curbed streets, rolling hills, mature wooded lots, and lighted streets. All utilities are underground. The property is conveniently located between area golf courses. This is the first building lot upon entering Lakewood and is one of the largest lots available. It offers options for building a home and can accommodate a walk-out lower level.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vincennes
    County
    Knox
    State
    Indiana
    Longitude
    -87.487595
    Latitude
    38.685305

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    FAQs

    What type of property is this?
    Land - Residential land with city services and desirable amenities.
    Where is this land located?
    The property is located at 1 Lakewood Dr Vincennes, IN.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - One of the largest building lots remaining in Lakewood.; - Ability to accommodate a walk-out lower level.; - Private lot.
    (812) 882-2202
    Request Owner's contact information
    1 Lakewood Dr Vincennes, IN 47591
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Lakewood Dr Vincennes, IN 47591
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