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    5380 N 450 W Angola, IN 46703

    Sponsored
    For Sale
    $699,900

    Mixed Use, Business Service,Personal - Angola, IN

    Type:Mixed Use
    Lot size:
    1.38 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 5380 N 450 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    76-03-30-000-012.000-006
    Interior features
    Drywall, Living Space, Office Space, Ventilating/Exhaust Fans, Refrigeration/Freezer
    Exterior features
    Fenced, Living Space, Office Space, Ventilating/Exhaust Fans, Refrigeration/Freezer
    Fencing
    Fenced
    Lot size
    1.38 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Floors in Building
    1.5
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Stone
    Roof type
    Metal
    Architectural style
    Other

    Stockwell Real Estate, Inc. dba RE/MAX Results (260) 665-2414 [email protected]

    Listing agent Tracey Musser (260) 665-2414

    Listing date Dec 21, 2025

    MLS# 202549435 Listing URL

    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.

    Overview

    Versatile Duplex on Acreage

    This is a 4,000 sq ft duplex on 1.38 acres in Angola, Indiana, located minutes from Jimmerson Lake. The property, formerly a commercial building, has been converted into two units. One unit is a loft-style short-term rental that sleeps 5-6 people. The other is a private 2-bedroom residence suitable for owner occupancy or long-term rental. The property is zoned commercial/agricultural, offering flexible use options, subject to buyer verification. Recent upgrades have been made throughout. The acreage provides privacy and expansion potential. An established pontoon rental business, including five pontoons and related equipment, is available separately for an additional cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Auto Repair Shop Storage Facility Bar & Pub Garden Center Convenience Store Pet Store Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -85.076668
    Latitude
    41.72059

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    FAQs

    What type of property is this?
    Mixed-use property - Unique duplex on 1.38 acres near Jimmerson Lake, Angola.
    Where is this mixed-use property located?
    The property is located at 5380 N 450 W Angola, IN.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - 4,000 sq ft duplex on 1.38 acres near Jimmerson Lake; - Two units: **loft-style short-term rental and a 2-bedroom residence**; - Zoned commercial/agricultural offering flexible use options
    (260) 668-6663
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    5380 N 450 W Angola, IN 46703
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    Angola, IN 46703
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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

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    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
    5380 N 450 W Angola, IN 46703
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