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    9851 N 500 W Michigan City, IN 46360

    Under Contract
    For Sale
    $295,000

    LAND - Michigan City, IN

    Lot size:
    30.00 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 9851 N 500 W

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    460217100010000062
    Lot size
    30.00 Acres

    Utilities

    Utilities
    Natural Gas Available

    Merrion & Associates (219) 872-4000 [email protected]

    Listing agent Lorraine Rasmussen (773) 415-4420

    Listing date Oct 16, 2025

    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

    30 Acres Wooded Residential Land

    This is a 30-acre wooded parcel situated off the 1000 North corridor in Michigan City, Indiana. The property is currently zoned for residential use and is approved by the county for well and septic systems. A portion of the lot on the south end contains wetland. The location is approximately fifteen minutes from Harbor Country, offering shopping, dining, and lakefront amenities, as well as a casino.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hotel & Motel Department Store Storage Facility Discount Store Convenience Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.793835
    Latitude
    41.749417

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    FAQs

    What type of property is this?
    Land - 30 acre wooded parcel in a desirable Michigan City area.
    Where is this land located?
    The property is located at 9851 N 500 W Michigan City, IN.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Large 30-acre wooded parcel.; - Located in a highly desirable area off the 1000 North corridor of Michigan City.; - Zoned residential with multiple potential uses.
    (773) 415-4420
    Request Owner's contact information
    9851 N 500 W Michigan City, IN 46360
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    Michigan City, IN 46360
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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
    9851 N 500 W Michigan City, IN 46360
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