New-Construction Duplex with
For Sale
$356,987
5600 Fountain Circle, Crown Point, IN 46307
Residential, Winfield, IN
Property Size1,728 SF
Lot Size0.25 Acres
Price / SF$206.59
Days on Market123
Property Features for 5600 Fountain Circle
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Laundry Room, Bedroom 2, Bathroom 2, Dining Room, Bathroom 1
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Pantry, Kitchen Island, High Ceilings, Ceiling Fan(s)
Subdivision
Wyndance Spgs Sub
Lot features
Landscaped, Sprinklers In Rear, Sprinklers In Front
Elementary school district
Crown Point
Middle school district
Crown Point
High school district
Crown Point
Directions
from 109th turn on Fayette- (Main entrance) procced turn left onto Fountain , then turn right on Fountain Circle
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
HOA Fee
$210 Monthly
Legal Description
WYNDANCE SPRINGS SUB. LOT 131 UNIT C
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
Listed By:
Steve Likas
(219) 313-3785
Added: Jun 24
Changed: Oct 24
Last Checked: Oct 24 at 10:06AM
MLS# 841203
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.
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Investment Insights
Based on property information with market context.
This 1,728-square-foot duplex residence offers one-level living with two bedrooms, two bathrooms, an office, and a window-lined sunroom. The open arrangement connects the living, dining, and kitchen areas beneath cathedral ceilings, with luxury vinyl plank flooring in the main living spaces. Kitchen appointments include 42-inch cabinetry, pantry storage, a breakfast bar, and substantial counter space. The primary suite includes a walk-in closet and private bathroom with a double vanity and walk-in shower. A second bedroom, office with French doors, laundry and mudroom area, and finished attached garage add practical flexibility. The garage includes pull-down attic stairs for storage, while the private patio extends the living area outdoors.
The property is located in Winfield within the Wyndance Springs villa community. Public water and public sewer serve the residence. Major highways, shopping, dining, healthcare, and Crown Point amenities are within easy access. HOA services include lawn care and snow removal.
The property is located in Winfield within the Wyndance Springs villa community. Public water and public sewer serve the residence. Major highways, shopping, dining, healthcare, and Crown Point amenities are within easy access. HOA services include lawn care and snow removal.
Key Highlights
- 1,728 square feet with 2 bedrooms, 2 bathrooms, an office, and a sunroom
- Built in 2026 within the Wyndance Springs villa community
- Open living, dining, and kitchen arrangement with cathedral ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,179
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,580
$343.6K
Cap Rate 7%
$245,414
$245.4K
Cap Rate 9%
$190,878
$190.9K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$25.9K $15.00/SF
− Vacancy
−$1.4K −$0.80/SF
EGI
$24.5K $14.20/SF
− OpEx
−$7.4K −$4.26/SF
NOI
$17.2K $9.94/SF
Area
Lake County, IN
Vacancy
5.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,580
Cap Rate 7%
$245,414
Cap Rate 9%
$190,878
Alternative Uses
Best Use
Multifamily LT 5
$245.4K
$214.7K – $286.3K
NOI $17,179 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$218.4K
$191.1K – $254.8K
NOI $15,288 @ 7.0% cap · market cap 4.28%
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 authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One-level duplex residence with an open layout, attached garage, private patio, and HOA-managed lawn care and snow removal.
Where is this duplex located?
The property is located at 5600 Fountain Circle Crown Point, IN.
What is the asking price?
The asking price for this property is $356,987.
What are key features of this property?
This property features: 1,728 square feet with 2 bedrooms, 2 bathrooms, an office, and a sunroom; Built in 2026 within the Wyndance Springs villa community; Open living, dining, and kitchen arrangement with cathedral ceilings
