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    381 N 381 W Lake Village, IN 46349

    For Sale
    $99,900

    LAND - Lake Village, IN

    Lot size:
    1.99 Acres
    Days on Market:
    312
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 381 N 381 W

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    560421223007011012
    Lot size
    1.99 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Lori Voigt (219) 742-0778

    Listing date Feb 5, 2025

    Copyright © 2025 Greater Northwest 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 Lake Village

    This 1.99-acre lot is located in Forest Knolls, offering a country setting suitable for building a dream home. The property is conducive to a walk-out basement, providing views of nature and privacy due to farmland at the back of the lot. The subdivision features larger lots and mature trees and is situated on a cul-de-sac. The location provides proximity to the Indiana/Illinois state line and convenient access to shopping and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Daycare Center Arcade & Gaming Center Italian Restaurant Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Village
    County
    Newton
    State
    Indiana
    Longitude
    -87.463876
    Latitude
    41.125537

    Nearby Similar for Sale

    • $525,000
      Pending

      Remodeled Quadplex with Expansion Potential

      Investment opportunity: remodeled quadplex with potential for additional units.
      8943 N 300 W, Lake Village, IN 46349
      View Details

    FAQs

    What type of property is this?
    Land - 1.99 acre lot perfect for a dream home.
    Where is this land located?
    The property is located at 381 N 381 W Lake Village, IN.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - 1.99 acre lot in Forest Knolls; - Ideal for walk-out basement with nature views and privacy; - Mature trees and large lots in subdivision
    (219) 742-0778
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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
    381 N 381 W Lake Village, IN 46349
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