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11517 N US Highway 41 3,500 SF 100% Leased Retail Building Lake Village, IN 46349 $183,194 CAD ($52.34 CAD/SF)



Investment Highlights
- 12 +/- Acres w Lake
- Several Buildings need some renovation
Executive Summary
Looking for Paradise?
Fishing, Swimming & Hunting a Real Paradise w your own Lake on 12 +/- acres. Located in UN-Incorporated Newton County / Lake Township
Zoned: A Agricultural District - Current Zoning will accommodate Single Family Home, Manufactured Home Type 1, Possible Home Business, Whole Sale Green Houses and Plant Nurseries, potential to raise fish, possibilities are endless.
Main Store 1,936 sf with upper level residential 1,936 sf Totals 3872 sf
South Bait Shop w rear garage / storage 1,632 sf
Detached Garage w Gravel floor w 2 Garage Doors North side of Main Building 1040 sf
Approximate total of all building under roof 6,544 sf
2025 Taxes $2,333.72 Taxes are very reasonable as you could spend that on a Air B&B for 1 week. While you can come here and fish and swim and all year long!
NOTE: Main building w two levels, roof is breached and building is near tear down condition.
Property is in Flood Zone AE and a Freshwater Forested/ Shrub Wetland.
Footprint of Buildings are NOT in Wetland area.
Fishing, Swimming & Hunting a Real Paradise w your own Lake on 12 +/- acres. Located in UN-Incorporated Newton County / Lake Township
Zoned: A Agricultural District - Current Zoning will accommodate Single Family Home, Manufactured Home Type 1, Possible Home Business, Whole Sale Green Houses and Plant Nurseries, potential to raise fish, possibilities are endless.
Main Store 1,936 sf with upper level residential 1,936 sf Totals 3872 sf
South Bait Shop w rear garage / storage 1,632 sf
Detached Garage w Gravel floor w 2 Garage Doors North side of Main Building 1040 sf
Approximate total of all building under roof 6,544 sf
2025 Taxes $2,333.72 Taxes are very reasonable as you could spend that on a Air B&B for 1 week. While you can come here and fish and swim and all year long!
NOTE: Main building w two levels, roof is breached and building is near tear down condition.
Property is in Flood Zone AE and a Freshwater Forested/ Shrub Wetland.
Footprint of Buildings are NOT in Wetland area.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,500 SF
Building Class
B
Year Built
1964
Price
$183,194 CAD
Price Per SF
$52.34 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.01
Lot Size
12.85 AC
Zoning
A - Agriculture - A Agricultural District - Zoning will accommodate Single Family Home, Manufactured Home Type 1, Possible Home Business, Whole Sale Green Houses ect
Frontage
2,000’ on US RT 41
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 56-04-03-200-003.000-012 | Total Assessment | $199,163 CAD |
| Land Assessment | $70,671 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $128,492 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
56-04-03-200-003.000-012
Land Assessment
$70,671 CAD
Improvements Assessment
$128,492 CAD
Total Assessment
$199,163 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2026
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11517 N US Highway 41
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