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Pending

$394,900

15 acres

5200 Cr 427Auburn, IN 46706

Land and lots · MLS 12017482 · Listed 23 days ago (Oct 7, 2026)

17 mi straight line to Chain O'Lakes State Park (Indiana) ski trails (public cross-country trails) · Ski access details

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Pending: An offer has been accepted and the sale is expected to close.

About this land

14.62+/- Acres of Divisible Land with Multiple Income Streams - Zoned R1 (Residential) Opportunity awaits on approximately 14.62+/- acres of versatile, divisible land in Auburn, IN. This property offers a unique combination of existing income, potential future development, and a quiet small-town setting, making it an attractive opportunity for investors, developers, or buyers looking for land with income-producing potential. The property currently provides two income streams: existing billboard income and farm income. The billboard offers advertising revenue, while the acreage provides additional income through agricultural use. This combination allows the property to generate income today while offering potential for future development or subdivision. City water and city sewer is available across the street, providing potential access to municipal utilities for future development, subject to verification and approval by the appropriate utility providers and local authorities. Located in Auburn, IN, a quiet community with a strong tourism presence and convenient access to local amenities, shopping, dining, major Rdways, and area attractions, this property offers both a peaceful setting and excellent accessibility. Subject to applicable zoning, development regulations, easements, and approvals. HIGHLIGHTS: 1. DIVISIBLE LAND LOCATED WITHIN AUBURN CITY LIMITS 2. SCHOOL DISTRICT = DEKALB COUNTY CENTRAL UNITED 3. ANNUAL TAXES (INCLUDING DITCH ASSESSMENT) = $371.64 4. 13.37+/- CROPLAND ACRES PER USDA FORM FSA-156EZ 5. CITY WATER AND CITY SEWER IS AVAILABLE ACROSS THE STREET

Description provided by the listing brokerage.

Ski access and nearby skiing

Why this listing is on Where2Ski: Measured distance to a ski area. It sits within 25 straight-line miles of an operating ski area's mapped entrance or base.

Nearby ski areas with straight-line distance
Ski areaTypeStraight-line distanceMeasured to
Chain O'Lakes State Park (Indiana) ski trailsIN · homes near itPublic cross-country trails17 miChain O' Lakes Nature CenterVisitor entrance, lodge or trailhead
Pokagon State Park cross-country ski trailsIN · homes near itPublic cross-country trails25 miNature Center, Pokagon State ParkVisitor entrance, lodge or trailhead

Straight-line miles to each ski area's base or entrance, measured Oct 30, 2026, 10:10 PM UTC. Winter drives can take longer.

Ski access claims

The listing doesn't describe ski-in, ski-out, a short walk or a shuttle. The agent can tell you how owners get to the slopes.

Ski access is as described by the listing brokerage. Confirm trail access, easements and any pass or membership with Steven Coil of Schrader Real Estate and Auction Company, Inc..

How listings qualify · Report a wrong distance or ski-access claim

Facts

List price
$394,900
Status
Pending
Property type
Land and lots
Lot size
15 acres
County
DeKalb County
MLS number
12017482

Facts are provided by the listing brokerage.

Location

Pin placed from the listing's coordinates, which can be approximate. See more listings in Auburn.

Price and status history

  • Oct 29, 2026: Started qualifying as near skiing on Where2Ski

Changes seen in MyStateMLS data since Oct 29, 2026. Sold prices are not published.

Estimate a monthly payment

$78,980
Illustrative. Replace with a quote from your lender.
Estimate. Check the county assessor for the actual amount.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$2,443 per month

Principal and interest$1,997
Property tax$329
Homeowners insurance$117
Loan amount$315,920
Total interest over the term$402,939

An estimate for comparison only. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Similar listings near Chain O'Lakes State Park (Indiana) ski trails

The same type of property, priced $296,175 to $493,625 and a similar distance from Chain O'Lakes State Park (Indiana) ski trails, newest first. See all matches

Questions to ask before you buy

Good questions for any home near the slopes.

  1. How is the property reached in winter, and who plows the road and driveway?A short straight-line distance can still mean a long or seasonal drive. Private roads, gates and mountain passes all shape winter access.
  2. Is there documented ski access from the property (trail, easement, lift), and does it transfer to a buyer?Rights to cross neighboring land or use a lift come from recorded easements and agreements, so a ski-in or ski-out description is where the question starts.
  3. Are there association, resort or club fees, and what do they cover?Some ski-area communities charge fees that cover only certain amenities, so ask what lift tickets, passes and services are included.
  4. Are there rules on renting the home short-term or long-term?Local ordinances, association covenants and deed restrictions all set rental rules, and they differ from place to place.
  5. What do heating, snow removal, winterization and utilities cost over a season?Ownership costs in snow country often run higher than the mortgage estimate suggests.
  6. For land: is there legal year-round access, and what utilities, septic and building rules apply?Seasonal roads and steep lots can limit what can be built and when it can be reached.

Printable due-diligence checklist · Ski home ownership budget

Guides and next steps

Listing courtesy of Schrader Real Estate and Auction Company, Inc.. Listing agent: Steven Coil. Listings provided by MyStateMLS.

Listing updated Oct 20, 2026, 2:45 PM UTC, MyStateMLS data received Oct 30, 2026, 10:01 PM UTC. Information deemed reliable but not guaranteed.