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Vacant Lot Near Downtown
For Sale
$110,000

756 Franklin Street, Valparaiso, IN 46383

Land, Valparaiso, IN

Property SizeContact for details
Lot Size0.55 Acres
Days on Market330

Property Features for 756 Franklin Street

General Information

Property type Land
Property subtype Other
Subdivision Councils Add
Lot features Few Trees
Directions From Franklin St to Nickle Plate
Standard status Active
APN 640925126009000004
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description COUNCILS ADD SE COR BLK 39
Tax Annual Amount 1243
Legal Description COUNCILS ADD SE COR BLK 39

Utilities

Water source Public
Listing Agency: Pearl Realty, LLC
Listed By: Zhenzhu Xie · License #RB14036664
Added: Oct 2, 2025 Changed: Aug 19 Last Checked: Aug 27 at 10:06AM
MLS# 828681

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 vacant lot is located near downtown Valparaiso, Indiana. The property, situated on Franklin Street, spans 0.547 acres. The previous house on the lot was a teardown, presenting an opportunity to construct a new residence.

Key Highlights

  • Vacant lot ready for new construction
  • Opportunity to build a custom dream house
  • Convenient location near downtown

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Veterinary Clinic Auto Parts Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,671
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Vacant lot available for building a dream house.
Where is this land located?
The property is located at 756 Franklin Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Vacant lot ready for new construction; Opportunity to build a custom dream house; Convenient location near downtown
More about this property
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