5000 N Elder Rd, Larwill, IN 46764
Property image
Property image
OFF MARKET

5000 N Elder Rd
Larwill, IN 46764

  • Studio
  • 480 sqft (on 65 acres)
Studio
480 sqft
(on 65 acres)

Local Information

  • Map ViewExplore the area around 5000 N Elder Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

* 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 $811/month.

Home Highlights

Parking
No Info
Outdoor
Pool
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5000 N Elder Rd

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Multi Family

Exterior Features

Pool
Pool

Lot Information

Lot Area: 65.00 acres

Market trends in Larwill

Last updated May 2026
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Property Tax and Assessment

Year2025
Tax$4,611
Assessment$373,400
Home facts updated by county records

Comparable Sales for 5000 N Elder Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7028 E Heritage Dr, Pierceton, IN
3.99
Multi-Family Home
$1,800,000
09/25/25
47
24.5
18,357
403 W Himes St #A, North Webster, IN
6.58
Multi-Family Home
$220,000
01/08/26
4
2
1,736

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Assigned Schools

These are the assigned schools for 5000 N Elder Rd.
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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.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5000 N Elder Rd

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Off Market Homes Near 5000 N Elder Rd

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