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    35.98 +/- Acres On Heaton Lk Elkhart, IN 46516

    Sponsored
    For Sale
    $539,700

    36 Acres, Elkhart, IN - $539,700

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 35.98 +/- acre commercial property in Elkhart, Indiana, presents a unique investment opportunity. Boasting over 1,500 feet of Heaton Lake frontage, the land offers diverse terrain including wooded wetlands, marshland grasses, and mature hardwoods such as maple, oak, black cherry, and hickory. Two water features traverse the property: a culvert waterway along the access lane and Puterbaugh Creek on the west end. The property includes approximately 4.5 +/- acres suitable for development. Existing trails are perfect for hiking or ATV use, and the abundant wildlife, including deer, turkey, and waterfowl, makes it ideal for hunting (located in a deer reduction zone allowing two antlered deer harvests annually, September-January). City sewer and electric access are available. The property features gated access off County Road 4, with a path leading to the lake. Its proximity to the 80/90 toll road and County Road 17 ensures convenient access. Community lake access is also nearby. This secluded property offers marketable timber and exceptional recreational potential, including opportunities for a boardwalk or pier. APN: 20-02-23-226-002.000-026

    Property Features for 0 35.98 +/- Acres On Heaton Lk

    General Information

    Property type
    Land
    Lot Size
    1,567,289 SF

    HighLights

    • ±35.98 acres of recreational land in Elkhart, IN.
    • Marketable timber.
    • Over 1,500 feet of Heaton Lake frontage.
    • Diverse habitat including wetlands, marshland grasses, and mature hardwoods.
    • Two water features: a culvert waterway and Puterbaugh Creek.
    • Located in a deer reduction zone, allowing for hunting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.9406745
    Latitude
    41.6792072

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    FAQs

    What type of property is this?
    Land - 36 Acres, Elkhart, IN - $539,700
    Where is this land located?
    The property is located at 35.98 +/- Acres On Heaton Lk Elkhart, IN.
    What is the asking price?
    The asking price for this property is $539,700.
    What are key features of this property?
    This property features: ±35.98 acres of recreational land in Elkhart, IN.; Marketable timber.; Over 1,500 feet of Heaton Lake frontage.
    Request Owner's contact information
    35.98 +/- Acres On Heaton Lk Elkhart, IN 46516
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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

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    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.

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    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
    35.98 +/- Acres On Heaton Lk Elkhart, IN 46516
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