Listing courtesy of Blackwell Real Estate · Listing agent: Dave Blackwell · Cell: 574-453-8143

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ActiveMixed Use

1150 Chapman Lake Drive

$715,000

$155.10 / sq ft

Warsaw, IN 46582

Original price $750,000 · Price reduced on September 3, 2025

  • On Big Chapman Lake
  • 1.5 acres
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Bathrooms
1
Lot
1.5 ac
Year built
1979
Type
Mixed Use
Listed
March 4, 2025
MLS #
202506703

About this home

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 seasonal pier space rental. $1000 to $1200 for pontoons ($750 for tenants in the campground). 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.

Property details

Interior

Stories
1
Finished area above grade
4,610 sq ft
Basement
Slab
Flooring
Concrete
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Metal Siding
Roof
Metal
Parking
Gravel
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Big Chapman Lake
Waterfront features
Boat Docking Rights, Pier/Dock
Water access
Frontage Lot
Lake type
Ski Lake
Water frontage
50 ft
Sea wall
Concrete
Water feature
Lake

Lot

Lot size (acres)
1.5 ac
Lot dimensions
Irregular
Location type
Rural
Inside city limits
No
County
Kosciusko County
Township
Plain
Current use
Gas Station, Mobile Home Park, Recreational, Resort
Road frontage
County Road
Road surface
Asphalt
Platted
Yes
Planned unit development
No
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.

Taxes & terms

Annual taxes
$3,981
Tax year
2025
Tax abatement
No
Listing terms
Cash, Conventional
Possession
30 DAC, tenants rights for campground
Parcel number
43-07-25-300-206.000-016

Included in the sale

Included in sale
Building,Business,Furniture,Land,Inventory
Excluded from sale
Tax service equipment, mobile homes

Utilities

Water
Private, Well
Well
Private
Sewer
Regional
Utilities
Mun. Sewer to Site, Private Common Wall
Electric provider
REMC
Gas provider
NIPSCO
Cable / internet provider
Mediacom

Income & commercial

Parking spaces
12
Electric meters
1
Gas meters
1
Water meters
1
Ceiling height
12

Location

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