0 53.97 +/- Acre Serene Riverfront Property Lake Village, IN 46349
Discover a remarkable 53.97+/- acre property in Lake Village, Indiana, boasting over 1,100 feet of pristine Iroquois River frontage. This exceptional offering seamlessly blends rural tranquility with urban convenience, situated within city limits with access to city water and sewer. The property includes a charming 1,768 square foot home, originally constructed in 1890, presenting a solid foundation ready for renovation and personalization. This inviting residence serves as an idyllic weekend retreat or a permanent home. The expansive acreage is a haven for wildlife, attracting deer, ducks, and geese, making it perfect for nature enthusiasts. A private drive provides direct access to the river, ideal for launching kayaks and exploring the scenic waterways. Higher ground along the river offers excellent access and potential for landscaping or gardening. Previously maintained trails throughout the land can be restored, perfect for hiking, biking, or leisurely strolls. While three acres are within city limits, the remaining acreage extends beyond, offering a unique blend of urban accessibility and rural charm. This property presents endless possibilities, whether seeking a peaceful escape or a new home. Priced at $499,000, this is an opportunity to own a slice of paradise in Newton County, Indiana, zip code 46349.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.