Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    230 A Lot 48 Ln Hudson, IN 46747

    Sponsored
    For Sale
    $35,000

    Residential Land - Hudson, IN

    Lot size:
    0.14 Acres
    Days on Market:
    1296
    Last Refresh:
    Feb 1 at 8:06 pm

    Property Features for 230 A Lot 48 Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    76-12-18-310-148.000-014
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Expense value
    175
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Waterfront Big Turkey Lake, Waterfront, Waterfront Big Turkey Lake
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Clegg
    John Clegg

    Century 21 Bradley Realty,Inc. (260) 399-1177

    Listing agent John Clegg (260) 399-1177 License #RB14048091

    Listing date Jul 17, 2022

    MLS# 202229515 Listing URL

    Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land Near Big Turkey

    This residential land includes lots 48 and the back lot 48A. It is a home building lot situated on an association pond with a dock area, located in Schuhlers Landing at Big Turkey Lake. The property is part of a community offering level lots suitable for building either a seasonal or year-round home. All lots have access to the association pier on Big Turkey Lake, accommodating various watercraft. Community amenities include common grounds on the lakefront, a picnic area, a playground with equipment, and a sandy beach area on a private fishing and swimming pond that also features an association pier. Most lots include a back lot suitable for storage. Big Turkey Lake is a 450-acre lake known for fishing, skiing, and tubing. The association permits stick-built homes only. Located a 40-minute drive north of Fort Wayne, this property offers access to lake amenities and recreational activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hudson
    County
    Steuben
    State
    Indiana
    Longitude
    -85.188235987091
    Latitude
    41.574682268745

    Nearby Similar for Sale

    • $540,000
      0.70 Acres

      Restaurant/Bar in Lake Country

      Well-established restaurant/bar with multiple dining areas and outdoor seating.
      6500 S 1170 E, Hudson, IN 46747
      View Details
    • $300,000
      14.00 Acres

      Prime Hudson Commercial Land

      14 Acres, Hwy 4 Frontage
      3136 Hwy 4 Rd, Hudson, IN 46747
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land with access to Big Turkey Lake and amenities.
    Where is this residential land & home lot located?
    The property is located at 230 A Lot 48 Ln Hudson, IN.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Lake access to 450-acre Big Turkey Lake for fishing, skiing, and tubing.; - Includes a home building lot on an association pond with dock area, plus a back lot for storage.; - Access to association amenities including common grounds on the lakefront, picnic area, playground, sandy beach, and pier on a private fishing and swimming pond.
    (260) 602-7110
    Request Owner's contact information
    230 A Lot 48 Ln Hudson, IN 46747
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    230 A Lot 48 Ln
    Hudson, IN 46747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    230 A Lot 48 Ln Hudson, IN 46747
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Clegg
    John Clegg
    Real Estate License ID: RB14048091
    (260) 602-7110
    Learn more
    Google sign-in failed. Please try again or use another login method.