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    1038 N Meridian Rd Chesterton, IN 46304

    For Sale
    $675,000

    Unimproved Land - Chesterton, IN

    Type:Unimproved Land
    Lot size:
    10.00 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1038 N Meridian Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    640611426006000006
    Lot size
    10.00 Acres

    Building Details

    Architectural style
    Other

    Boulder Bay Realty Group (219) 531-6683 [email protected]

    Listing agent Erin Johnson (219) 531-6683 License #RB14046048

    Listing date Sep 30, 2025

    MLS# 828541 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Near Chesterton High

    This property features 10 acres of land in a prime location near Chesterton High School. The property is currently zoned residential, presenting various possibilities such as a subdivision, offices, a medical center, or a private hobby farm. Water and sewer lines run along the north side of the property, and fiberoptic internet is available. The site includes several outbuildings and an uninhabitable farmhouse. The farmhouse has 1008 unfinished square feet on the main level and an additional 1008 unfinished square feet in the basement; however, the value is primarily in the land itself.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Auto Repair Shop Clothing Store Gym & Fitness Electrical Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterton
    County
    Porter
    State
    Indiana
    Longitude
    -87.067925
    Latitude
    41.585363

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    FAQs

    What type of property is this?
    Land - 10 acres of land near Chesterton High School.
    Where is this land located?
    The property is located at 1038 N Meridian Rd Chesterton, IN.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime 10-acre location with development potential.; - Conveniently located steps away from Chesterton High School.; - Water and sewer access available along the north side of the property.
    (219) 531-6683
    Request Owner's contact information
    1038 N Meridian Rd Chesterton, IN 46304
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    Chesterton, IN 46304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038 N Meridian Rd Chesterton, IN 46304
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