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Five-Acre Farmland Homestead
For Sale
$284,975

14578 Montgomery Street, Crown Point, IN 46341

Land, Crown Point, IN

Property SizeContact for details
Lot Size5.00 Acres
Days on Market51

Property Features for 14578 Montgomery Street

General Information

Property type Land
Property subtype Other
Subdivision D & N Gibbs Estates
Elementary school Winfield Elementary School
Middle school Robert Taft Middle School
High school Crown Point High School
Elementary school district Crown Point
Middle school district Crown Point
High school district Crown Point
Directions I-65 S exit 247 and US-231 East to Montgomery St. North to the Lot on the West side of the road
Standard status Active
APN 451732326005000044
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description D & N GIBBS ESTATES LOT 7 548x397
Tax Annual Amount 1282
Legal Description D & N GIBBS ESTATES LOT 7 548x397

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Water source Well
Listing Agency: SCHUPP Real Estate
Listed By: John Schupp · License #RB14033846
Added: Jul 2 Changed: Aug 19 Last Checked: Aug 21 at 12:06PM
MLS# 841657

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This five-acre agricultural land parcel is set up as a homestead-style build site with well water and natural gas available. The property is described as an ideal-shaped tract with approximately 548' of depth and about 397' of frontage, offering room for outbuildings, gardens, animals, and outdoor recreation.

The site is located just off the US 231 corridor with fast access to I-65. Preliminary groundwork is available, including a soil test on file. Septic preliminary approval has also been completed: the perc test is described as supporting a conventional below-grade, gravity-fed septic system with perimeter drain routed to the NW corner for a three-bedroom home, including a 1000-gallon tank. Preliminary septic materials further note support for a four-bedroom home using a force-dosed system with a 1250-gallon tank, while a three-bedroom plan with a den would not require the force-dosed system; county requirements indicate five-plus bedroom homes require a mound system.

Recorded covenants from an older HOA exist but are described as having no enforcement, and a waiver of declarant rights was recorded to dissolve the HOA. The location is unincorporated, with Lake County Building Department available to assist with code and requirement questions during due diligence.

Key Highlights

  • Five acres described as an ideal‑shaped tract with about 548' of depth
  • Approximately 397' frontage
  • Soil test on file and preliminary septic approval completed

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 46341, IN

10,518
Population
4,179
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
94%
High-School Grad
95.5 sq mi
ZIP Area
110
Density / Sq Mi
$99,444
Median Household Income
$55,298
Median Earnings
$897
Median Rent
$248,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready farmland parcel with well water and natural gas, plus preliminary septic approvals for multiple home configurations.
Where is this residential land & home lot located?
The property is located at 14578 Montgomery Street Crown Point, IN.
What is the asking price?
The asking price for this property is $284,975.
What are key features of this property?
This property features: Five acres described as an ideal‑shaped tract with about 548' of depth; Approximately 397' frontage; Soil test on file and preliminary septic approval completed
More about this property
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