Hobart Corner Development
For Sale
$499,999
3700 Montgomery, Hobart, IN 46342
Land, Hobart, IN
Property SizeContact for details
Lot Size1.00 Acre
Days on Market146
Property Features for 3700 Montgomery
General Information
Property type
Land
Property subtype
Other
Subdivision
Ridgewood Add
Lot features
Corner Lot, Rectangular Lot
Directions
Take I65 South and take Route 6 east, one mile on the right
Standard status
Active
APN
450826204006000018
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2024
Tax Description
RIDGEWOOD ADD BL.1 LOTS 10,11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 ,N.20FT OF LOT 9 & VAC. ALLEY
Tax Annual Amount
2080
Legal Description
RIDGEWOOD ADD BL.1 LOTS 10,11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 ,N.20FT OF LOT 9 & VAC. ALLEY
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
McColly Real Estate
(219) 322-5508
Listed By:
Michael Becze · License #RB22000047
(219) 378-8308
Added: Apr 1
Changed: Aug 19
Last Checked: Aug 24 at 9:06AM
MLS# 836593
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 1.0-acre corner lot in Hobart, Indiana, presents a high-visibility development opportunity. The site is strategically positioned at the intersection of Montgomery Street and 37th Avenue, offering approximately 86 feet of frontage on Montgomery Street and 127 feet of frontage on 37th Avenue. The property is currently zoned Business (B-3) and is suitable for various commercial uses, including retail, restaurant, or office spaces. The location benefits from excellent street visibility and high traffic counts, making it a desirable location for new construction. Note that the two south lots are zoned R2, requiring a variance for B-3 usage.
Key Highlights
- High‑visibility corner location at the intersection of Montgomery St and 37th Ave.
- Zoned Business (B‑3), suitable for retail, restaurant, or office.
- 1. 0 acre development opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 46342, IN
32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility 1.0 acre corner lot in Hobart, Indiana.
Where is this commercial land located?
The property is located at 3700 Montgomery Hobart, IN.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: High‑visibility corner location at the intersection of Montgomery St and 37th Ave.; Zoned Business (B‑3), suitable for retail, restaurant, or office.; 1. 0 acre development opportunity.
