$343,035Average Value$206Average Price per Sq Ft6Homes For Sale
Lake Village offers rural Indiana charm near Chicago
Lake Village is a rural community in north Newton County that draws people looking for a small town feel and homes on multiple acres, and some who are looking to save money. “We’ve been getting a lot of people moving from Chicago because the taxes are so high there. You get the big tax break here and can still be close to your family in Illinois,” says Corine Beard, a Realtor with Trueblood Real Estate who sells throughout Northwest Indiana. With the Windy City only about 60 miles away, Lake Village residents have access to a bit of city life, plus get the best of rural life: proximity to rivers and nature preserves, homes on sprawling lots and plenty of charm.
Homes can be found on spacious lots near farmland in Lake Village.
Nature lovers enjoy fishing, kayaking, and scenic trails along the Kankakee River.
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Homes range from ranch-style to split-level on large lots
Houses in Lake Village are a mix of New Traditional, ranch-style, bungalows and split level. They sit on lawns landscaped with grass and trees. Some properties sit on multiple acres which residents can use for oversized garages and in-ground pools. Prices range from $165,000 to $580,000. Higher priced homes tend to exceed 2,000 square feet, sit on an acre or more, were built in the 2020s or all the above.
Homes are typically surrounded by trees in rural Lake Village, Indiana.
Bungalow-style homes are common in Lake Village.
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Open enrollment options at North Newton School Corporation
North Newton School Corporation serves the community and rates a C on Niche. Families can request open enrollment within the district or apply for out-of-district transfers, which are accepted based on capacity and policy rather than random selection. Kids can start school at Lake Village Elementary and end at North Newton Junior-Senior High. Both schools have C ratings on Niche. Ninth, 10th and 11th graders at North Newton take the PSAT in the fall to help them prepare to take the SAT in 12th grade. Seniors do not take the PSAT but rather participate in community service on test day.
Lake Village Elementary School has 171 students and a student-teacher ratio of 13 to 1.
North Newton Junior-Senior High School has 499 students and serves grades 7-12.
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Nature preserves, hiking trails and bison herds nearby
The nearby Conrad Savanna Nature Preserve features a two-mile hike among black and white oak trees and the wildlife living there. More wildlife is located at the Efroymson Prairie at Kankakee Sands, a preserve filled with endangered insects, plants and animals, including about 100 bison. North of Lake Village is the Kankakee River, which is popular for boating and fishing. Within the community, the Lake Village Community Center offers a baseball field, playground and tennis courts, and for golf, they head to Lugene Links, a public course off North 300 W.
Just south of Lake Village, Conrad Savanna Nature Preserve is a 360-acre sand savanna featuring winding trails.
Visitors can watch over 90 bison graze at the Efroymson Prairie at Kankakee Sands.
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Essentials are available at home, but most shopping is nearby
Services like the post office, public library and houses of worship are located on or near Main Street. Family Dollar is near the community’s south side and where residents pick up essentials. Restaurants, more shopping options and hospitals are about 25 miles away in Kankakee and about 35 in Merrillville.
Family Dollar is on Lake Village’s south side for essentials.
Lake Village residents can grab their weekly groceries at Jewel Osco.
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Farmers market and car show bring neighbors together
The Lake Village Community Center hosts regular events like a monthly farmers market in the summer and, in conjunction with the Amateur Radio Association of Newton County Indiana (ARANCI), a car show each September where entrants have the chance to win trophies and cash prizes.
The Lake Village Community Center hosts regular events including a weekly farmers market.
The Lake Village Community Center has well-maintained tennis courts and baseball fields.
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U.S. Highway 41 connects Lake Village to nearby cities
Residents get around by car, due to the community’s lack of a fixed route bus line. U.S. Highway 41 runs through the west side of town and connects to nearby cities. County Road 1000 runs along the north side. Chicago O'Hare International is the closest major airport and is around 80 miles away.
The Lake Aero neighborhood, located just north of Lake Village, has a private airstrip for residents with private planes, but Beard says noise is not an issue. “It’s not busy. You don’t see planes taking off all the time or anything.”
Chicago's O'Hare International Airport takes about 15 million passengers in a year.
Within Lake Village, the Lake Aero Estates sign marks the community with private airstrip.
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Written By
Sara Huffman
Photography Contributed By
Drew Webster
Video By
Jaried Frogosa
Interested in learning more about homes in this area?
Reach out to
Richard Tokarz,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Lake Village, IN sell after 38 days on the market compared to the national average of 53 days. The median sale price for homes in Lake Village, IN over the last 12 months is $325,000, down 18% from the median home sale price over the previous 12 months.
PRICE REDUCED!! 3 bedroom 3.5 bath lake house with 1.06 acre of land on western outskirts of Lake Village in Desirable Lake Aero Subdivision. 230' of frontage, 2 piers, open concept living area. Bonus Room Suite with full bath above garage could easily be a 4th Bedroom. Custom Kitchen with; quartz island/stainless farmhouse sink, Breakfast Nook with Lakeviews, coffee bar, Cherry cabinetry, tile
Over 4.5 prime acres of HEAVILY WOODED vacant land. In the breadbasket of Northern Indiana whitetail country. Nature abounds as this parcel is teaming with trail cam pics of deer, turkey and other wildlife. An ideal hunting location but is certainly platted for development of your future dream home. NO COVENANTS OR RESTRICTIONS allows your imagination to run wild whether that be hobby
Absolutely Beautiful buildable 7.94 acre lot. Full of trees and native plants and wildlife. Wonderfully drinkable well water. Taxes are enough of a reason to choose newton county for your new home. Lot survey to be provided by seller. Soil has been tested, results attached to listing. This Lot also has an existing unique hand pump well for water on site. Private driveway has been roughed in.
Rural Living with endless possibilities! Discover this charmimg 3 bedroom 2.5 Bth home nestled on 3.96 Acres of peaceful rural residential Property. Perfect for horses or a mini farm. 6 Horse stalls with tack room in ban,, Lean too on each side of barn for outdoor cover for animals and storage of trailers or supplies, Inside barn you have lofts for hay storage, you have a took shed. Attached to
Generous 1.86 acre lot ready to build your dream home on! Located directly outside of town, this large lot features wooded areas with quick access to town. Nice size rectangular lot on a cul-de-sac street.
Located in Lake Village, Indiana, this expansive 11.25-acre agricultural parcel offers serene country living just minutes from I-65 & US 41. With no restrictions, the land is ideal for farming with wildlife roaming freely. Take advantage of this rare opportunity to own a versatile, rural retreat with commuter-friendly access.
Very desirable and wonderfully unique buildable lot 7.49 acres. Among the trees and native plants and wildlife, you will find excellent water and plenty of stars in the sky. Taxes are reasonable in newton county. Lot survey will be provided by seller. Soil test has been done, results attached to listing. Private driveway has been roughed in.
2026 is finally the year you secure that acreage you've been dreaming about! ! There are only (3) left-so bring your friends and family! Horses, pole barns and barndominiums are all welcome! This land already has an established pasture/hay/alfalfa mix growing for your horses or hay production! Parcels range from all pasture for the horse lovers to partially wooded for the wildlife lovers! Deer
Country Retreat on 4.75 Acres - Endless Possibilities! Welcome to this cozy 3-bedroom, 1-bathroom home nestled on a sprawling 4.75-acre parcel of beautiful farmland. With 864 square feet of comfortable living space and an unfinished basement offering room to grow, this property is perfect for those seeking peace, privacy, and potential. Enjoy open pastures, mature trees, and space for gardening,
2026 is finally the year you secure that acreage you've been dreaming about! ! There are only (3) left-so bring your friends and family! Horses, pole barns and barndominiums are all welcome! This land already has an established pasture/hay/alfalfa mix growing for your horses or hay production! Parcels range from all pasture for the horse lovers to partially wooded for the wildlife lovers! Deer
2026 is finally the year you secure that acreage you've been dreaming about! ! There are only (3) left-so bring your friends and family! Horses, pole barns and barndominiums are all welcome! This land already has an established pasture/hay/alfalfa mix growing for your horses or hay production! Parcels range from all pasture for the horse lovers to partially wooded for the wildlife lovers! Deer
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