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

1001 East 40th Place, Griffith, IN 46319

Spacious residential lot for sale, build your dream home!

Property Size21,036 SF
Lot Size0.48 Acres
Price / SF$3.27
Days on Market134

Property Features for 1001 East 40th Place

General Information

Standard status Active
Size 21,036 SF
Lot size 0.48 Acres
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $239
Listing Agency: McColly Real Estate
Listed By: Brent Wright · License #RB14038385
Source: Compass
Added: Mar 30 Changed: Aug 8 Last Checked: Jul 16 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Real Estate

Investment Insights

Based on property information with market context.

This residential lot for sale in Griffith, Indiana, offers the opportunity to build a new home. The property is almost half an acre in size, specifically 21,036 square feet. Located in an R2 zoning district, the lot allows for several home styles with minimum square footage requirements. For a one-story home, the minimum is 1,200 square feet. A two-story home requires a minimum of 1,800 square feet, with 1,000 square feet on the first floor. Bi-level or tri-level homes require a minimum of 1,600 square feet, with 1,000 square feet on the first floor. Buyers have the flexibility to bring their own builder or have the developer construct the home.

Key Highlights

  • Large lot: Almost half an acre for your custom home and outdoor dreams.
  • Flexibility: Use your own builder or the developer.
  • R2 zoning: Allows various home styles, including one‑story, two‑story, and bi/tri‑level designs.

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

349
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?
Residential land & home lot - Spacious residential lot for sale, build your dream home!
Where is this residential land & home lot located?
The property is located at 1001 East 40th 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: Almost half an acre for your custom home and outdoor dreams.; Flexibility: Use your own builder or the developer.; R2 zoning: Allows various home styles, including one‑story, two‑story, and bi/tri‑level designs.
More about this property
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