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Waterfront Land with Lake Access
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For Sale
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TBD S 250 W, Albion, IN 46701

Lake-access land is offered in three tracts with approved driveway permits.

Property SizeContact for details
Days on Market6

Property Features for TBD S 250 W

General Information

Standard status Active
Property subtype Vacant Land

Amenities

Lot Size Acres: 36.45
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Auction
Lake View
Waterfront Property, Lake Waterfront
Listing Agency: Schrader Real Estate and Auction Company, Inc.
Listed By: Rex D Schrader
Source: Doyle-realty
Added: Aug 13 Changed: Aug 17 Last Checked: Aug 18 at 4:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schrader Real Estate and Auction Company, Inc.

Investment Insights

Based on property information with market context.

This 36-acre waterfront land offering is divided into three tracts along S 250 W in Albion, Indiana. Tracts 1 and 2 include access to Marl Lake, an undeveloped 29-acre natural lake. The property combines rolling farmland, timber, and designated build-site areas, while Tract 3 includes access to 5 acres of timber.

The land contains 26.4 FSA tillable acres currently in cash crop production. Farming rights transfer to the new owner beginning in 2027. Approved driveway permits from the Noble County Highway Department apply to all three tracts. The property is scheduled for auction September 17th at 6pm at Camp Lutherhaven, with open houses scheduled for September 3rd and September 12th.

Key Highlights

  • 36‑acre offering divided into 3 tracts along S 250 W
  • Tracts 1 and 2 include access to Marl Lake, an undeveloped 29‑acre natural lake
  • 26.4 FSA tillable acres currently in cash crop production

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

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 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Lake-access land is offered in three tracts with 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‑acre offering divided into 3 tracts along S 250 W; Tracts 1 and 2 include access to Marl Lake, an undeveloped 29‑acre natural lake; 26.4 FSA tillable acres currently in cash crop production
More about this property
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