Portage Acreage Property on
For Sale
$280,000
Lute Road, Portage, IN 46368
LAND - Portage, IN
Property SizeContact for details
Lot Size13.32 Acres
Days on Market889
Property Features for Lute Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
High school
Portage High School
Elementary school district
Portage Township
Middle school district
Portage Township
High school district
Portage Township
Directions
From Willowcreek and Lute, go west .3 miles and property will be on the north side of the road just west of 5850 Lute Rd
Standard status
Active
APN
640523251007000016
Lot size
13.32 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
W525 E1988 S OF RR NE23-36-7 13.32 AC
Tax Annual Amount
420
Legal Description
W525 E1988 S OF RR NE23-36-7 13.32 AC
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
RE/MAX Lifestyles · RE/MAX International
(219) 462-2121
Listed By:
Matt Evans · License #RB14034485
(219) 241-8401
Added: Feb 28, 2024
Changed: Apr 20
Last Checked: Aug 5 at 4:06AM
MLS# 800106
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 13.32-acre property is located in Portage Township on the north side of Lute Road, adjacent to the Prairie Duneland Trail. It is situated on the south side, west of the Providence Manor subdivision (west of the home at 5850 Lute Rd), and across the street and slightly west of the Miller's Senior Living Community. The acreage is currently residentially zoned R2 in the Portage UDO zoning map and has redevelopment potential, subject to due diligence with the City. Intended use should be verified with the City of Portage, IN. The farm ground is not currently leased but previously brought in $1,300 per year.
Key Highlights
- Acreage property adjacent to Prairie Duneland Trail
- Redevelopment potential (subject to City approval)
- Located in Portage Township on Lute Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 46368, IN
39,837
Population
16,870
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
1,575
Density / Sq Mi
$72,638
Median Household Income
$42,508
Median Earnings
$1,140
Median Rent
$213,500
Median Home Value
Market
Properties on Market for Land in Portage
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Acreage property in Portage Township with redevelopment potential.
Where is this land located?
The property is located at Lute Road Portage, IN.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Acreage property adjacent to Prairie Duneland Trail; Redevelopment potential (subject to City approval); Located in Portage Township on Lute Rd.
