127 Acres of Lake James Golf Course Property to be Auctioned April 27
ANGOLA, Ind. (April 2026) - 127 acres of Lake James Golf Course property in Steuben County, Indiana, will be offered at auction April 27, 2026, with Schrader Real Estate and Auction Company conducting the event.
"This is a rare opportunity to acquire premium lakefront-adjacent property with established infrastructure and some of the most scenic views in northeast Indiana," said Jerry Ehle, auction manager. "Whether buyers are interested in single building sites, development packages, or the complete golf course operation, this property offers exceptional versatility."
The property at 1575 W 275 N in Angola will be divided into 15 tracts ranging from 1 to 23 acres. Notable parcels include Tract 4, a 23-acre swing tract featuring multiple elevated building sites with impressive Lake James views, and Tract 5, a 21-acre rolling tract with outstanding lake vistas and road access. Tract 1 offers 3.5 acres with existing buildings and infrastructure for operational or redevelopment opportunities.
Several tracts provide ready-to-build options with utilities in place. Tract 10 is a 1-acre lot with sewer and electric access, while Tract 11 offers 3.5 acres with road, sewer, and electric service for residential or mixed-use development. Tract 8 features a unique 12.5-acre parcel with a pond and 6-inch well equipped with a 125-gallon-per-minute pump.
"The combination of Lake James proximity, elevated building sites, and existing golf course infrastructure creates tremendous value for buyers seeking either residential development or recreational opportunities," said Mike Roy, auction manager. "Adjacent property owners also have an excellent chance to add complementary acreage."
Tract 15 will offer a complete line of golf course equipment, including 56 2021 EZ-GO Elite RXV golf carts with GPS systems. For buyers interested in continuing golf operations, Tract 13 includes a 15-acre parcel with holes 14 and 15, plus an irrigation pump house with 40-horsepower motor.
Individuals seeking additional information about buying or selling in Schrader auctions may visit www.schraderauction.com or call 800-451-2709. Schrader Real Estate and Auction Company has conducted agricultural and real estate auctions throughout the Midwest for over 50 years, with headquarters in Columbia City, Indiana.
Read More Auction Articles & News