1150 Chapman Lake Drive
Warsaw, IN, 46582 $ 715,000
Bedrooms-- Baths1.0 Sq 4,610 Monthly Estimate*
$ 4,461
for $715,000 with 1 full bath. This 4,610 square foot building was built in 1979 on a lot size of 1.5.
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.
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FeaturesGeneralHeating Gas Forced Air
Cooling Central Air
Ceiling Height 12
Roof Metal
Parking Yes Gravel
Water Access Type Frontage Lot
Sewer Regional
# of Buildings 4
Status Active Active
Bathrooms 1
Year Built 1979
New Construction No
Subdivision Other
Stories Count 1
Township Plain
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Mixed Use
Age 46
Business Name Chapman Lake Marina HideAway Campground
Inside City Limits No
Special Features Office Space
REO No
Status Detail 0
Area Kosciusko County
Location Rural
City Warsaw
Legal Description Multiple parcels see MLS assoc docs
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202506703
Agent First Name Dave
Agent Last Name Blackwell
DOM 279
Tax Year 2025
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ExteriorRoad Surface Asphalt
Road Access County
Exterior Metal
Water Frontage 50
Driveway Gravel
Number of Parking Spaces 12
Waterfront Lake
Lot Size Area 65340
# of Docks 0
Lot Dimensions Irregular
Parking Type Off street
Fence None
Water Features Boat Docking Rights Pier/Dock
Lake Ski Lake
Waterfront Y/N Yes
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InteriorFlooring Concrete
Basement/Foundation Slab
Walls Wood Other
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* Excluded FeaturesList ByDave BlackwellListing Agent
Blackwell Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,461
- Monthly Property Taxes
- $332
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Warsaw, IN
Average List Price $354,717
Percent of Sale Price 50%
About Warsaw, IN 15,552 Population
14% Since 2002
$ 50,093 Median Income
37.29 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2025 | $715,000 | -4.67% | Price Down |
| 3/4/2025 | $750,000 | | Listed Price |