Property 8626246

0.57 Acres in Noble County

N Overlook Drive Rome City IN 46784  |  Noble County, IN
  • $1,860,000
  • 0.57 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: FWAARIN
Irrigated: No
Residence: No
Property ID: 8626246
Property Website

Property Description

186 total Lake Access Building Lots, 2 acre Lakefront common area for all Oak Shores Homeowners, this subdivision has Platted lots, improved roads, sewer access from Rome City Regional Sewer District, Gas (Nipsco) and Electric. Approximately 22 lots ready to build home sites, with existing sewer connection available. Ready for a Builder/Developer to finish out. Much potential to develop USDA financing for homes in this area. Lots should retail from $29,000 to $35,000, and the ability to offer deeded lake access sets this subdivision way ahead of the others. This listing includes ALL 186 remaining home sites owned by Oak Shores Development LLC. See attachments for more information. 2 large lakefront lots included. This pricing breaks down to $10,000 per lot on a wholesale level. Located on the Steinbarger Waldron Lake Chain, with access to Fish/Ski Lake, this nicely established addition is ready for action! This development has been "off market" since around 2008 and with its close proximity to Kendallville, Ligonier, Lagrange, and Albion is well situated to a growing market.

Driving Directions

a few miles from intersection of Highway 6 and Highway 9

Contact Seller

Brian Schaper

Metro Realty

(260) 744-2537 (work)

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Contact Seller

Brian Schaper

Metro Realty

(260) 744-2537 (work)

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