Lake-Access Agricultural
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For Sale
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TBD S 250 W, Albion, IN 46701
LAND - Albion, IN
Property SizeContact for details
Lot Size36.45 Acres
Days on Market6
Property Features for TBD S 250 W
General Information
Property type
Land
Property subtype
Other
View
Lake
Directions
PROPERTY LOCATION S 250 W, Albion, IN 46701 Take SR 33 northwest out of Merriam towards Wolf Lake for 3.5 miles until you arrive at W 200 S. Turn right & continue down the road for a 1/4 mile until you arrive at S 250 W. Turn north & travel up 1/2 mile & the property is located on the west side of the road. AUCTION LOCATION Camp Lutherhaven 1596 S 150 W, Albion, IN 46701
Standard status
Active
Lot size
36.45 Acres
Utilities
Water front features
Lake Front
Water front
1
Listing Agency:
Schrader Real Estate and Auction Company, Inc.
8004512709x100
Listed By:
Rex D Schrader
(260) 244-7606
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 18 at 9:06PM
MLS# 11933224
Copyright © 2026 My State MLS. 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 agricultural land offering spans 36.45 acres and is divided into three tracts along TBD S 250 W. Tracts 1 and 2 include access to Marl Lake, a 29+/- acre natural lake, while Tract 3 provides access to approximately 5+/- acres of timber. The property contains 26.4+/- FSA tillable acres currently in cash-crop production. Farming rights are scheduled to transfer to the new owner beginning in 2027.
Approved driveway permits from the Noble County Highway Department apply to all three tracts. The land is near Wolflake and offers lake frontage, rolling farmland, wooded acreage, and locations identified for potential homes or retreats. The property is scheduled for auction September 17th at 6pm at Camp Lutherhaven, with open houses planned for September 3rd and September 12th.
Approved driveway permits from the Noble County Highway Department apply to all three tracts. The land is near Wolflake and offers lake frontage, rolling farmland, wooded acreage, and locations identified for potential homes or retreats. The property is scheduled for auction September 17th at 6pm at Camp Lutherhaven, with open houses planned for September 3rd and September 12th.
Key Highlights
- 36.45‑acre agricultural land offering divided into 3 tracts
- Tracts 1 and 2 provide access to Marl Lake, a 29+/- acre natural lake
- 26.4+/- FSA tillable acres currently in cash‑crop production
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - The offering combines cash-crop acreage, timber, and lake access across three tracts.
Where is this agricultural land / farmland located?
The property is located at TBD S 250 W Albion, IN.
What are key features of this property?
This property features: 36.45‑acre agricultural land offering divided into 3 tracts; Tracts 1 and 2 provide access to Marl Lake, a 29+/- acre natural lake; 26.4+/- FSA tillable acres currently in cash‑crop production
