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Valparaiso Land Development Opportunity
For Sale
$485,000

672 Coventry Court, Valparaiso, IN 46385

Land, Valparaiso, IN

Property SizeContact for details
Lot Size23.00 Acres
Days on Market404

Property Features for 672 Coventry Court

General Information

Property type Land
Property subtype Other
Subdivision Coventry
Directions 149 to 700, 700 to Coventry- property off of Fransiscan
Standard status Active
APN 640632132002000015
Lot size 23.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description COVENTRY LOT S74 .22A TCCD
Tax Annual Amount 5500
Legal Description COVENTRY LOT S74 .22A TCCD

Utilities

Utilities Water Available
Listing Agency: Listing Leaders
Listed By: Jaclyn Gore-Williams · License #RB14050102
Added: Jul 25, 2025 Changed: Aug 27 Last Checked: Sep 1 at 12:06PM
MLS# 824942

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 property presents an exceptional development opportunity, featuring 23 acres of fully recorded and platted lots. The offering includes 42 single-family residential lots and 28 multi-family lots, providing flexibility for builders and developers. All utilities are available, including NIPSCO, sewer, and water, making this a ready-to-develop site. This property offers scale, infrastructure, and long-term potential. It is suitable for a residential subdivision, multi-family community, or mixed-use concept.

Key Highlights

  • 23‑acre development opportunity with fully recorded and platted lots.
  • Includes 42 single‑family and 28 multi‑family residential lots.
  • All utilities available: NIPSCO, sewer, and water.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon

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

47
Businesses Nearby

Demographics for 46385, IN

41,832
Population
16,071
Households
2.6
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
80.7 sq mi
ZIP Area
518
Density / Sq Mi
$97,208
Median Household Income
$50,582
Median Earnings
$1,225
Median Rent
$305,400
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 - 23 acres with utilities, ready for development in Valparaiso.
Where is this residential land & home lot located?
The property is located at 672 Coventry Court Valparaiso, IN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 23‑acre development opportunity with fully recorded and platted lots.; Includes **42 single‑family and 28 multi‑family residential lots.**; All utilities available: NIPSCO, sewer, and water.
More about this property
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