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    1466 E 550 N Monterey, IN 46960

    Pending
    For Sale
    $120,000

    Unimproved Land - Monterey, IN

    Type:Unimproved Land
    Lot size:
    12.00 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 1466 E 550 N

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Pending
    APN
    660118200009000015
    Exterior features
    Corner Lot
    Lot size
    12.00 Acres

    Building Details

    Architectural style
    Other

    RE/Max Select Realty (574) 595-0722 [email protected]

    Listing agent Lisa Malchow (574) 595-0722 License #RB16001784

    Listing date Sep 6, 2025

    MLS# 827295 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

    12 Acre Scenic Land Parcel

    This 12-acre property presents a blank canvas for building a country home. The scenic and secluded land is conveniently located within a short drive to Monterey, Culver, and Winamac. For the past 20 years, the property has been utilized as a pasture, but it can easily be converted into tillable land. This property in Monterey, Indiana, offers possibilities for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Monterey
    County
    Pulaski
    State
    Indiana
    Longitude
    -86.575108
    Latitude
    41.135249

    FAQs

    What type of property is this?
    Land - 12 acre property suitable for building or agricultural use.
    Where is this land located?
    The property is located at 1466 E 550 N Monterey, IN.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - 12-acre property offers ample space and potential.; - Scenic and secluded location provides privacy and tranquility.; - Conveniently located within a short drive to Monterey, Culver, and Winamac.
    (574) 595-0722
    Request Owner's contact information
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    Monterey, IN 46960
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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
    1466 E 550 N Monterey, IN 46960
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