Discover a rare opportunity to build your dream retreat on 1.02 acres of lakefront property on a private peninsula with over 500 feet of shoreline overlooking the peaceful waters of Alma Lake-one of Indiana's most beautiful and serene lake communities. Surrounded by nature and offering breathtaking water views, this exceptional property is the perfect setting to create the lake home you've always imagined, or a place for a camper or temporary structure until you're ready to build. Recent improvements have already prepared the property for its next chapter, including the removal of older structures and the clearing of a prime building site. Electric service is already on the property, and an existing dock allows you to begin enjoying the lake immediately while planning your future home. Accessed by a long private lane bordered by woods and blackberry bushes, this secluded setting offers outstanding privacy and a true escape from the hustle and bustle of everyday life. Alma Lake is known by residents for its peaceful atmosphere, excellent fishing, abundant wildlife, and stunning displays of hardy lotus flowers that grace the shoreline throughout the summer season. In addition to your private lakefront parcel, ownership includes access to more than 140 acres of common land maintained by the homeowners association, providing even more opportunities to explore and enjoy the natural beauty of the community. Although tucked away in the countryside, the property remains just a short drive from several charming small towns offering shopping, dining, and everyday conveniences. Whether you're dreaming of a weekend getaway or a year-round lakefront residence, this remarkable property offers the perfect canvas to bring your vision to life. Bring your plans, embrace the tranquility, and experience the magic of Alma Lake.
Active
Price cut: $7.4K (8/26)
$137,500
Brazil, IN 47834
--beds
--baths
1.02Acres
Unimproved Land, Residential Lots
Built in ----
1.02 Acres Lot
$-- Zestimate®
$--/sqft
$83/mo HOA
What's special
Surrounded by natureBreathtaking water viewsPrivate peninsula
- 60 days
- 244
- 13
Zillow last checked:
Listing updated:
Listed by:
Eric Wolfe 812-605-0475,
Prime Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22114534
Facts & features
Property
Features
- Has view: Yes
- View description: Forest, Lake, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Dock, Lake Privileges, Lake Front, Water Access, Water View, Waterfront
Lot
- Size: 1.02 Acres
- Features: Irregular Lot, Rural - Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded, Dock Owned, Lake Front, Rural, Water Acces, Water View, See Remarks
- Topography: Sloping,Wooded
Details
- Additional structures: None, See Remarks
- Parcel number: 611636000408000007
- Zoning: Residential
- Zoning description: Single Family
- Special conditions: As Is,Shared Driveway
- Wooded area: 43560
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: None, Well Required
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: Yes
- Amenities included: Pond Year Round, Snow Removal
- Services included: Entrance Common, Maintenance, Nature Area, Snow Removal, Other
- HOA fee: $500 semi-annually
Location
- Region: Brazil
Financial & listing details
- Annual tax amount: $786
- Date on market: 7/17/2026
- Cumulative days on market: 61 days
- Listing terms: Sell Entity
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $137,500-5.1% |
Source: | ||
| 7/17/2026 | Listed for sale | $144,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $844 -7.1% | $75,900 +5.6% |
| 2024 | $909 +4.8% | $71,900 +2.6% |
| 2023 | $867 -2.8% | $70,100 +2.3% |
| 2022 | $891 0% | $68,500 +9.1% |
| 2021 | $892 +9.8% | $62,800 +4.5% |
| 2020 | $812 +143.4% | $60,100 +6.4% |
| 2019 | $334 +6.9% | $56,500 +141.5% |
| 2018 | $312 -32.4% | $23,400 +0.4% |
| 2017 | $462 +61.5% | $23,300 |
| 2016 | $286 +0.3% | $23,300 +2.6% |
| 2014 | $285 -7.4% | $22,700 -3% |
| 2013 | $308 +3% | $23,400 +1.7% |
| 2012 | $299 +10% | $23,000 +20.4% |
| 2011 | $272 +2.1% | $19,100 +5.5% |
| 2010 | $266 -14.9% | $18,100 -12.1% |
| 2009 | $313 -2% | $20,600 +0.5% |
| 2007 | $319 +6% | $20,500 +3.5% |
| 2006 | $301 | $19,800 +27.7% |
| 2005 | -- | $15,500 |
Monthly payment
Climate risks
Neighborhood: 47834
Nearby schools
Schools provided by the listing agent
- Elementary: Van Buren Elementary School
- Middle: North Clay Middle School
- High: Northview High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


