Waterfront Land with Lake
For Sale
Contact for pricing
TBD S 250 W, Albion, IN 46701
Land, Albion, IN
Property SizeContact for details
Lot Size36.45 Acres
Days on Market17
Property Features for TBD S 250 W
General Information
Property type
Land
Property subtype
Other
View
Lake
Directions
PROPERTY LOCATION S 250 W, Albion, IN 46701 Take SR 33 northwest out of Merriam towards Wolf Lake for 3.5 miles until you arrive at W 200 S. Turn right & continue down the road for a 1/4 mile until you arrive at S 250 W. Turn north & travel up 1/2 mile & the property is located on the west side of the road. AUCTION LOCATION Camp Lutherhaven 1596 S 150 W, Albion, IN 46701
Standard status
Active
Lot size
36.45 Acres
Utilities
Water front features
Lake Front
Water front
1
Listing Agency:
Schrader Real Estate and Auction Company, Inc.
8004512709x100
Listed By:
Daniel James Days
(260) 244-7606
Added: Aug 13
Changed: Aug 20
Last Checked: Aug 29 at 4:06PM
MLS# 11933224
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 36.45-acre waterfront land offering is divided into three tracts along TBD S 250 W. Tracts 1 and 2 provide access to Marl Lake, an undeveloped 29+/- acre natural lake, while Tract 3 includes access to 5+/- acres of timber. The property combines rolling farmland, wooded acreage, and build site potential across the offering.
The Noble County Highway Department has approved driveway permits for all three tracts. Approximately 26.4+/- FSA tillable acres are in cash crop production, with farming rights transferring to the new owner beginning in 2027. The property is located in Noble County near Wolflake, Indiana, and includes lakefront access through the Marl Lake tracts.
The Noble County Highway Department has approved driveway permits for all three tracts. Approximately 26.4+/- FSA tillable acres are in cash crop production, with farming rights transferring to the new owner beginning in 2027. The property is located in Noble County near Wolflake, Indiana, and includes lakefront access through the Marl Lake tracts.
Key Highlights
- 36.45 acres offered in 3 tracts
- Tracts 1 and 2 offer access to Marl Lake, an undeveloped 29+/- acre natural lake
- 26.4+/- FSA tillable acres currently in cash crop production
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 46701, IN
7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Three tracts combine lake access, tillable farmland, timber, and approved driveway permits.
Where is this waterfront land located?
The property is located at TBD S 250 W Albion, IN.
What are key features of this property?
This property features: 36.45 acres offered in 3 tracts; Tracts 1 and 2 offer access to Marl Lake, an undeveloped 29+/- acre natural lake; 26.4+/- FSA tillable acres currently in cash crop production
