Move-In Ready Ranch Villa
5600 Fountain Circle Crown Point, IN 46307
5600 Fountain Circle, Crown Point, IN, 46307
$356,997
For Sale
$356,997
SINGLE_FAMILY - Winfield, IN
Property Size1,728 SF
Lot Size0.25 Acres
Price / SF$206.60
Days on Market25
Property Features for 5600 Fountain Circle
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Dining Room
- Patio and Porch features
- Patio
- Interior features
- Cathedral Ceiling(s), Pantry, Kitchen Island, High Ceilings, Ceiling Fan(s)
- Standard status
- Active
- APN
- 451707133047000047
- Size
- 1,728 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- WYNDANCE SPRINGS SUB. LOT 131 UNIT C
- Tax Annual Amount
- 50
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
Listing Agency
McColly Real Estate
(219) 663-3835
10709 Randolph Street, Schererville, IN
Listed by
Steve Likas · License #RB14051105
(219) 313-3785
Added: Jun 24 Checked: Jul 18 at 6:06 am
MLS# 841203
Listing URL
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.
Completed new construction and move-in ready, this ranch villa is designed for one-level living in the Wyndance Springs villa community within Wyndance. The home features an open-concept layout with cathedral ceilings and luxury vinyl plank flooring in the main living areas. It includes 2 bedrooms, 2 baths, an office with French doors and cathedral ceilings, and a bright sunroom with windows on three sides.
The kitchen offers 42" cabinetry, ample counter space, pantry storage, and a breakfast bar. The primary suite includes tall ceilings, large windows, a walk-in closet, and a private ensuite bath with double vanity and a walk-in shower. A convenient laundry/mudroom with closet storage provides direct access to the finished attached garage, which also includes pull-down attic stairs for additional storage.
Outside, there is a private patio for outdoor dining and entertaining. The HOA covers lawn care and snow removal, supporting a maintenance-free lifestyle. The property is located in Winfield with easy access to major highways and is described as being minutes from shopping, dining, healthcare, and amenities in Crown Point.
The kitchen offers 42" cabinetry, ample counter space, pantry storage, and a breakfast bar. The primary suite includes tall ceilings, large windows, a walk-in closet, and a private ensuite bath with double vanity and a walk-in shower. A convenient laundry/mudroom with closet storage provides direct access to the finished attached garage, which also includes pull-down attic stairs for additional storage.
Outside, there is a private patio for outdoor dining and entertaining. The HOA covers lawn care and snow removal, supporting a maintenance-free lifestyle. The property is located in Winfield with easy access to major highways and is described as being minutes from shopping, dining, healthcare, and amenities in Crown Point.
Key Highlights
- Under construction 1‑level ranch villa built in 2026 with forced‑air heating and public water plus public sewer
- Over 1,700 sq ft open‑concept layout with 2 bedrooms, 2 baths, an office, and a bright sunroom
- Kitchen includes 42" cabinetry, pantry storage, kitchen island, and breakfast bar
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $17.04 |
| − Vacancy | −$1.6k | −$0.95 |
| EGI | $27.8k | $16.09 |
| − OpEx | −$12.5k | −$7.24 |
| NOI | $15.3k | $8.85 |
1,728 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$218.4K
$191.1K – $254.8K
NOI $15,288 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$482.4K
$422.1K – $562.8K
NOI $33,767 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Completed new construction ranch villa with 2 bedrooms, 2 baths, office, and sunroom, plus attached finished garage and patio.
Where is this single family property located?
The property is located at 5600 Fountain Circle Crown Point, IN.
What is the asking price?
The asking price for this property is $356,997.
What are key features of this property?
This property features: Under construction 1‑level ranch villa built in 2026 with forced‑air heating and public water plus public sewer; Over 1,700 sq ft open‑concept layout with 2 bedrooms, 2 baths, an office, and a bright sunroom; Kitchen includes 42" cabinetry, pantry storage, kitchen island, and breakfast bar
