5000 N Elder Rd, Larwill, IN 46764
OFF MARKET

5000 N Elder Rd
Larwill, IN 46764

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

Homes for sale near 5000 N Elder Rd

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Apartments for Rent

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Local Information

Map showing home location
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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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Pool
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

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
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Property Tax and Assessment

Year2024
Tax$4,877
Assessment$363,500
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
301 & 303 E Keith St, Pierceton, IN
4.27
Multi-Family Home
$183,000
06/18/25
4
2
1,872
301 & 303 E Keith Street, Pierceton, IN
4.30
Multi-Family Home
$183,000
06/18/25
4
2
1,872
403 W Himes St #A, North Webster, IN
6.58
Multi-Family Home
$220,000
01/08/26
4
2
1,736

Assigned Schools

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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

Learn more about our methodology.

LGBTQ Local Legal Protections

Homes for rent near 5000 N Elder Rd

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Off Market Homes Near 5000 N Elder Rd

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5000 N Elder Rd, Larwill, IN 46764 is a studio, 480 sqft multi-family built in 1978. This property is not currently available for sale.