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    Lute Rd Portage, IN 46368

    For Sale
    $280,000

    LAND - Portage, IN

    Lot size:
    13.32 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 11 at 6:06 pm

    Property Features for Lute Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    640523251007000016
    Lot size
    13.32 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    NWI Pro Services Inc. dba RE/MAX Lifestyles (219) 241-8401 [email protected]

    Listing agent Matt Evans (219) 241-8401

    Listing date Aug 27, 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

    Portage Acreage Property on Lute

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.188764
    Latitude
    41.558517

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    FAQs

    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 Rd 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.
    (219) 241-8401
    Request Owner's contact information
    Lute Rd Portage, IN 46368
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    Portage, IN 46368
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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.

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    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
    Lute Rd Portage, IN 46368
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