Search
Residential Lot in Griffith, Indiana
For Sale
$68,800

1001 E 40th Lot 4 Place, Griffith, IN 46319

Land, Griffith, IN

Property SizeContact for details
Lot Size0.48 Acres
Days on Market104

Property Features for 1001 E 40th Lot 4 Place

General Information

Property type Land
Property subtype Other
Subdivision Riehls Homesteads Nos 1 To 6
Lot features Back Yard, Rectangular Lot, Front Yard
Directions From Ridge Rd, head south on Colfax to the lot on the corner 40th!
Standard status Active
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 239

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: McColly Real Estate
Listed By: Brent Wright · License #RB14038385
Added: May 22 Changed: Aug 19 Last Checked: Sep 2 at 7:06AM
MLS# 839390

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 residential lot, nearly half an acre in size, is available for sale in Griffith, Indiana. Situated in an R2 zoning district, the property offers flexibility in home design, allowing for various styles with minimum square footage requirements. These include a minimum of 1,200 sq ft for a one-story home, 1,800 sq ft for a two-story home (with a 1,000 sq ft first-floor minimum), and 1,600 sq ft for a bi/tri-level home (with a 1,000 sq ft first-floor minimum). The property presents an opportunity to build a custom home, with the option to bring your own builder or utilize the developer's services.

Key Highlights

  • Large lot size: Almost half an acre, build your dream home.
  • Build your dream home with your own builder.
  • R2 zoning allows for several home styles.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service HVAC Service Daycare Center

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

287
Businesses Nearby

Demographics for 46319, IN

18,108
Population
7,904
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
1,886
Density / Sq Mi
$75,976
Median Household Income
$42,239
Median Earnings
$1,162
Median Rent
$194,300
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 - Spacious residential lot for sale, build your dream home!
Where is this land located?
The property is located at 1001 E 40th Lot 4 Place Griffith, IN.
What is the asking price?
The asking price for this property is $68,800.
What are key features of this property?
This property features: Large lot size: Almost half an acre, build your dream home.; Build your dream home with your own builder.; R2 zoning allows for several home styles.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message