Waterfront

Covington, IN Waterfront Land for Sale

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Waterfront View Land Parcel
Updated: May 5
Waterfront View Land Parcel

1200 West South, Covington, IN 47932

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6,970 sqft 0.16 AC lot
Build‑ready 0.16‑acre lot with river views
Platted property
Road surface is paved
No direct river access
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Residential Land Lot
Waterfront Residential Land Lot

10240 E 975 N Lot 30, Otterbein, IN 47970

$150,000
1.40 AC lot

Build on a private lakefront lot within a nature-focused community governed by protective covenants and architectural control.

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Waterfront Residential Building Lot
Waterfront Residential Building Lot

10240 E 975 N Lot 38, Otterbein, IN 47970

$65,000
1.06 AC lot

Residential building lot within a private lake community with protective covenants and architectural control.

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Waterfront Recreational Land Lot
Waterfront Recreational Land Lot

Paradise Bay Blvd, Rockville, IN 47872

$82,500
2.30 AC lot

Buildable 2.3-acre wooded lot in Paradise Bay Estates adjacent to Raccoon Lake State Recreation Area.

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Lakefront Residential Lot
Lakefront Residential Lot

9 Dogwood Dr, Rockville, IN 47872

$199,900

Lot 9 offers lakefront ownership on Raccoon Lake within the Nevins Estates subdivision.

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Covington, IN Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Covington, IN on our real estate platform. These investment opportunities span a total of 6,970 square feet of properties for sale, with an estimated market value of $15,000.

Sale prices for water rights properties in Covington, IN start at $15,000, averaging $15,000, and reaching up to $15,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 5
Residential land & home lots 3
Hunting land 2

Demographics Overview

Population 5,193
Population Growth (5Y) +3.8%
Median Household Income $59,365
College Educated 28.6%

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $29.09 per SF
Tax Rate vs County Average 0.18 pp below county avg
Average Loan-to-Value 65.0%

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