200 200Chesterton, IN 46383

For Sale
$1,095,000

73 Acres, $1.095M, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 73-acre property in Valparaiso, Indiana, presents a unique investment opportunity. Currently zoned A1 - General Agricultural District, this multi-use land offers significant flexibility for various development projects. The property is divisible into three parcels: a 20-acre parcel (APN 64-07-31-276-001.000-006), a 49-acre parcel (APN 64-07-31-226-002.000-006), and a 4-acre parcel (APN 64-07-31-226-001.000-006). The asking price is $1,095,000, translating to $15,000 per acre. Located in Porter County, near Chesterton, with convenient access via N 200 E, this land boasts high potential for diverse uses. The Indiana Department of Transportation (INDOT) is currently in discussions with the current owners regarding the possibility of an on/off ramp, which could significantly enhance the property's value and accessibility. Ideal for owner-users, high or low-intensity commercial ventures, multi-family residential development, or single-family residential projects, this versatile land parcel offers substantial upside potential for the discerning investor. The zoning is adaptable to suit the buyer's specific needs. This is a rare opportunity to acquire a large tract of land in a rapidly growing area.

Highlights

  • 73-acre multi-use land in Valparaiso, Indiana, priced at $1,095,000 ($15,000/acre).
  • Currently zoned A1 - General Agricultural, offering flexibility for various development projects.
  • Divisible into three parcels: 20 acres (APN 64-07-31-276-001.000-006), 49 acres (APN 64-07-31-226-002.000-006), and 4 acres (APN 64-07-31-226-001.000-006).
  • INDOT is exploring a potential on/off ramp nearby, increasing accessibility and value.
  • Suitable for owner-users, high/low-intensity commercial, multi-family residential, or single-family residential development.

Property Details for 200 200

Property type
Other land, Other farms
Lot Size (sq. ft)
3,179,880 SF

Location Insight

City
Chesterton
County
Porter
State
Indiana
Latitude
41.5425347
Longitude
-87.0273539
200 200, Chesterton, Indiana

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200 200
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