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Improved Lakefront Building Lot
For Sale
$199,000

4615 E 640 S, Wolcottville, IN 46795

LAND - Wolcottville, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market123

Property Features for 4615 E 640 S

General Information

Property type Land
Property subtype Other
Lot features Lake, Level, Waterfront
Elementary school Lakeland Primary
Middle school Lakeland Intermediate
High school Lakeland Jr/Sr
Elementary school district Lakeland School Corp
Middle school district Lakeland School Corp
High school district Lakeland School Corp
Directions From US 20 and State Rd 3 Intersection head South, then West on 700 E, then North on 500 S. Take a left on 640 S. Follow to property.
Subdivision LaGrange County
Standard status Active
APN 44-10-26-200-000.012-010
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OAK GROVE LOT 22 LOC.4615 E 640 S
Tax Annual Amount 1451
Legal Description OAK GROVE LOT 22 LOC.4615 E 640 S

Utilities

Water front features Lake
Water front 1
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Tracey Musser
Added: Apr 9 Changed: Jul 6 Last Checked: Aug 9 at 1:06PM
MLS# 202612244

Copyright © 2026 Northeastern 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.

Investment Insights

Based on property information with market context.

This improved building lot offers a level, ready-to-build canvas with direct lake frontage on Adams Lake in Wolcottville. The parcel measures 50' x 100' and is described as not being located in a flood zone. It includes a survey in place, soil borings completed, and an existing well on the property (replacement may be recommended). Updated UDO zoning is noted as expanding building flexibility compared with prior limitations on smaller, narrow designs.

The lot features 50' of direct frontage on a 308-acre all-sports lake, with ski hours from 10 AM to 6 PM and relaxed 10 MPH speeds in the mornings and evenings. The listing also notes easy access to a popular sandbar on the NE end of the lake.

For buyers looking to build, the combination of level topography, frontage on an all-sports lake, and connection to public sewer supports a straightforward path from planning to construction. The completed soil work and existing survey reduce early-stage site due diligence, while the updated zoning helps accommodate a larger, more functional home footprint than what was previously allowed.

Key Highlights

  • 50' x 100' level lakefront lot with 50' of direct frontage on Adams Lake in Wolcottville
  • Adams Lake is a 308‑acre all‑sports lake with ski hours from 10 AM to 6 PM and 10 MPH speeds mornings and evenings
  • NOT located in a flood zone

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Real Estate Agency Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 46795, IN

6,190
Population
3,730
Households
1.7
Avg Household Size
43
Median Age
16%
College-Educated
83%
High-School Grad
57.1 sq mi
ZIP Area
108
Density / Sq Mi
$77,279
Median Household Income
$40,465
Median Earnings
$831
Median Rent
$250,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Level lakefront lot with direct frontage and public sewer connection for easier new home planning.
Where is this waterfront land located?
The property is located at 4615 E 640 S Wolcottville, IN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 50' x 100' level lakefront lot with 50' of direct frontage on Adams Lake in Wolcottville; Adams Lake is a 308‑acre all‑sports lake with ski hours from 10 AM to 6 PM and 10 MPH speeds mornings and evenings; NOT located in a flood zone
More about this property
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