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Wooded Residential Development Lot
For Sale
$94,900

8317 Austin Avenue, Schererville, IN 46375

Unincorporated Lake County wooded lot supports single-family or up to one four-unit building under R3 zoning.

Property SizeContact for details
Lot Size1.84 Acres
Days on Market511

Property Features for 8317 Austin Avenue

General Information

Standard status Active
Lot size 1.84 Acres
Property subtype Lots/Land
Zoning R3

Taxes and HOA fees

Annual Taxes $985
Listing Agency: Coldwell Banker Realty
Listed By: Meagan Skinner · License #RB14043751
Source: Exitrealty
Added: Mar 21, 2025 Changed: Aug 8 Last Checked: May 28 at 8:05AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This wooded, unincorporated Lake County lot is described as secluded and suitable for development. According to the listing, it can support either a single-family home or up to one 4-unit building, subject to R3 zoning per the Lake County planning department. The property includes a well and septic, and the seller is having a septic inspection.

The lot is located in the heart of Schererville and is across from the Whispering Ridge subdivision. The listing notes Lake Central Schools.

The parcel is approximately 1.84 acres and is described as about 100 feet by 800 feet, providing a long, wooded site for residential development planning.

Key Highlights

  • Approx. 1.84‑acre wooded lot in unincorporated Lake County (approx. 100' x 800')
  • R3 zoning per Lake County planning dept allows single‑family home or up to one four‑unit building
  • Located across from Whispering Ridge subdivision

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

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

428
Businesses Nearby

Demographics for 46375, IN

24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Unincorporated Lake County wooded lot supports single-family or up to one four-unit building under R3 zoning.
Where is this residential land & home lot located?
The property is located at 8317 Austin Avenue Schererville, IN.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Approx. 1.84‑acre wooded lot in unincorporated Lake County (approx. 100' x 800'); R3 zoning per Lake County planning dept allows single‑family home or up to one four‑unit building; Located across from Whispering Ridge subdivision
More about this property
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