5000 N Elder Rd
Larwill, IN 46764
Studio
480 sqft (on 65 acres)
Studio
480 sqft
(on 65 acres)
Home Value
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +37% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $553K |
| April 2026 | $592K |
| March 2026 | $546K |
| February 2026 | $540K |
2025 | |
2024 | |
2023 | |
2017 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.99 | Multi-Family Home | $1,800,000 | 09/25/25 | 47 | 24.5 | 18,357 | |
6.58 | Multi-Family Home | $220,000 | 01/08/26 | 4 | 2 | 1,736 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $494,900 | 3 | 2.5 | 2,286 | Off Market | |
0.19 | $366,100 | 4 | 3 | 2,880 | Off Market | |
0.81 | $508,000 | 3 | 2.5 | 2,908 | Off Market | |
0.78 | $300,000 | 3 | 2 | 1,404 | Recently Sold | |
0.87 | - | - | - | - | Off Market | |
0.92 | $575,000 | 3 | 2.5 | 2,016 | Recently Sold | |
0.98 | - | - | - | - | Off Market | |
1.25 | $458,000 | 3 | 3 | 2,742 | Off Market | |
1.40 | $292,900 | 3 | 2 | 1,728 | Off Market | |
1.40 | - | - | - | - | Off Market | |
1.44 | $360,000 | 4 | 3 | 2,568 | Recently Sold | |
1.46 | $252,400 | 4 | 1 | 1,907 | Off Market |
Local Information
- Map ViewExplore the area around 5000 N Elder Rd.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1978
Lot Size
65 acres
Living Area
480 sqft
About this House
* Bidding Opens Wednesday, February 22nd at 10AM & Closes Monday, February 27th at 5PM * Income Producing Property w/ Great Return Potential * Located in Rural Northern Whitley County, IN * Multiple of Indiana's Finest Lakes Located w/in 15 miles of the Campground * 20+/- Acre Recreational Tract The Forest Ridge Family Campground has been a family run campground for 52 years. It is known for its scenic forest views & family atmosphere. Being located within miles of many Indiana lakes & recreational areas, this campground presents a great opportunity for investment. Notably, 67 of the seasonal camping spots are expected to be filled prior to the 2023 camping season, with 90% of those being returning customers from 2022! Study this opportunity to purchase a family-oriented campground, with potential for a great return on investment!! OPEN HOUSE/INSPECTION DATES Wednesday, February 8th from 3-5PM Wednesday, February 15th from 3-5PM PROPERTY LOCATION 5000 Elder Rd, Larwill, IN 46764 From US 30 & SR 5 in Larwill, travel north on SR 5 for 2.8 miles to W Lincolnway Rd. Turn left on W Lincolnway Rd & travel .8 miles to N Elder Rd. Turn right, travel on Elder Rd for .8 miles & the Campground will be on the north side of the road. AUCTION LOCATION TIMED ONLINE ONLY TRACT DESCRIPTIONS Tract 1: 45± ac TRACT that is the heart of the campground featuring a total of 76 seasonal camping lots & 38 additional overnight lots. The seasonal lots are equipped with 30 & 20 AMP power as well as water. 24 of the additional overnight lots have 30 & 20 AMP power with water , 2 have just 30 AMP power & the remainder being, tent camping lots with 20 AMP power & water. This tract also features a 5000 sq. ft. community building that is great for rentals or campground events. There is a 36ft x 60ft air-conditioned portion separated from the dance hall, by newly renovated kitchen, foyer, as well as Men's & Woman's restrooms. In the past the community building has been used for wedding rentals, karaoke nights & birthday parties. The property also includes an up-to date, rustic, campground office that was built in 2019. The main park is then accessed by new RFID controlled access & exit gates. 2 separate concrete masonry block buildings equipped with showers, & an inground swimming pool. Activity areas included with this property consist of basketball courts, Gaga ball, horseshoes, & a playground. This Tract also includes the personal property to continue to successfully run & operate the campground. A sample of the equipment to be offered is as follows: Kubota BX 1700 Lawn Tractor w/ Mower Deck Kubota BX2230 Lawn Tractor w/ Mower Deck John Deere Ztrak 757 Lawn mower, 60in deck Kawasaki Mule 3000 ATV Farmall Super M Tractor Huskee Log Splitter Freezer's & Refrigerators Please contact the auction company for a complete list of personal property to be included with the real estate! With 2023 camping agreements in place, the purchaser of Tract 1 will be responsible for operating and/or arranging management for the 2023 camping season that begins in the middle of April. With that, the buyer will retain a significant portion of the 2023 income. Financial Statements can be made available by request to the auction company! This poses a great opportunity for an instant return on your investment!!! Tract 2: 20± ac of mixed hard wood timber. There is 800+/-ft of road frontage on Elder Rd. This tract offers a wonderful opportunity for recreation, along with potential for a rural country home site. Combine with tract 1 for a total of 65+/- acres & the potential for future growth of the campground!
5000 N Elder Rd, Larwill, IN 46764 is a studio, 480 sqft multi-family built in 1978. It is currently off market. The Trulia Estimate rent is $749/month.
Home Details for 5000 N Elder Rd
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Heating & Cooling Heating: ElectricHeating Fuel: Electric |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: Multi Family |
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Pool Pool |
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Lot Area: 65.00 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,611 | $373,400 |
Home facts updated by county records
Market trends in Larwill
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Around this home
What Locals Say about Larwill
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's quiet
100 % Say there's wildlife
100 % Say parking is easy
100 % Say car is needed
100 % Say there's holiday spirit
100 % Say yards are well-kept
60 % Say neighbors are friendly
50 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
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Homes for sale near 5000 N Elder Rd
1.21 ACRESGinger Miller, CENTURY 21 Bradley Realty, Inc, IRMLS
See more homes for sale inLarwill
Off Market Homes Near 5000 N Elder Rd
SOLDJUL 30, 2026Toni Derry, ERA Crossroads, IRMLS
SOLDJUL 29, 2026Nathan M Smith, Uptown Realty Group, IRMLS
SOLDJUL 17, 2026Alejandra Gomez, Cressy & Everett - South Bend, IRMLS
SOLDJUL 14, 2026Brandon R Ferrell, Keller Williams Realty Group, IRMLS
SOLDJUL 10, 2026Gary Spangle, Homes Land & Lakes Realty, IRMLS
SOLDJUL 2, 2026Brooks Langeloh, Orizon Real Estate, Inc., IRMLS
SOLDJUN 18, 2026Nicole Davis, Snyder Strategy Realty Inc., IRMLS
SOLDJUN 12, 2026Cheryl Erb, Berkshire Hathaway HomeServices Elkhart, IRMLS
SOLDMAY 20, 2026Fabiola Holsclaw, Brian Peterson Real Estate, IRMLS- See more homes for sale inLarwill
