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Mixed-Use Land for Sale in Warsaw, Indiana

1150 Chapman Lake Dr, Warsaw, IN 46582

$715,000
1.5 acres
Active
$35k drop
Est $3,835/mo

Lake area seasonal business known as Chapman Lake Marina and Hide-Away Campground. Marina building is 30x53 pole building construction with 20x42 covered lean-to. It offers boat gas, fishing bait & tackle, convenience store items and has a small kitchen for pizza sales. Most trade fixtures and inventory included. Older MH behind the marina building previously rented year around for $600/month (included utilities). Campground has 14 MH campsites (units are owned by the tenants), 9 currently used, seasonal April thru Oct, Five leased @ 1900 per season, Five leased @ 2200 per season. Includes 44x60 pole building, 20x24 boat repair shop (with 9x20 screened lean-to that was used as a fish cleaning area; has a sink), bath house (his-hers, toilet, sink, shower). Two shared wells, regional sewer hook-up required (one grinder pump is installed for the marina building and MH behind it; a large grinder pump is installed for the campground). Lakefront lot has 50 feet of frontage on Big Chapman Lake. Lot used for a multi-slip pier for pier space rental. $750 for pontoons ($600 for tenants in the campground), $500 for fishing boats. Currently 20 pontoon/large boat slips (5 are rented by campground tenants) and 5 fishing boat slips. The north 10 feet of the lakefront lot has a chain link fence on both sides. There was a smaller pier installed in front of this area for temporary boat docking for boaters wanting to walk across the street to the marina (for boat gas, bait, convenience store items, pizza, etc). Popular Chapman Lake Drive location just around the corner (200 yards away) from the public access site with boat launching ramp (no fee for use), and approx a third of a mile from the Chapman Lake Conservation Association clubhouse which hosts various annual events; pancake and sausage breakfast, fish fries, 5k runs, 4th of July parades, and a professional Independence Day fireworks display at the local social gathering area (sand bar) approx 1,000 feet in front of the lakefront lot. The CLCA clubhouse is available for daily renting to its members for birthday parties, wedding receptions, graduation parties, family reunions and other functions. The Chapman Lakes are located one hour from Fort Wayne and South Bend and two hours from Indianapolis and Chicago. Big Chapman is a spring fed all-sport lake (one cleanest lakes in Indiana) and is connected by a 2-way channel to Little Chapman Lake (10 mph speed limit fishing lake). Good boating, swimming & fishing lakes.

Sq feet
1
Full bath
1979
Built

Location

Street address
1150 Chapman Lake Dr
Elevation
833 feet
Coordinates
41.282, -85.7768

Directions

From the east side of Warsaw on US 30, take Old Road 30 E, north on 300 E, follow Chapman Lake Drive to the SE side of Big Chapman Lake. Marina is off water just north of the stop sign by the public access/boat ramp site.

Property details

Acreage
1.5 acres
MLS #
KBOR 202506703
Posted

Property taxes

Recent
$3,981

Parcels

  • 43-07-25-300-206.000-016

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Mobile Home

Lot

Waterfront
Waterfront, Waterfront Big Chapman Lake, Waterfront Boat Docking Rights
Features
Dock

Exterior

Parking Spaces
12
Features
Boat Docking Rights, Office Space, Pier/Dock

Structure

Stories
1
Heating
Forced Air, Natural Gas
Cooling
Central Air
Roof
Metal

Interior

Rooms
Bathroom, Kitchen, Office
Flooring
Concrete
Features
Wood

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Sept 4, 2025Price drop$715,000$35,000 -4.7%KBOR
Apr 17, 2025New listing$750,000KBOR
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This 1.5-acre property is located at 1150 Chapman Lake Dr in Warsaw, IN 46582. The property is available for sale for $715,000. It has a structure built in 1979.

Checked 28 mins ago — Updated

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Copyright (C) 2025 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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