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    636 Calumet Ave Valparaiso, IN 46385

    For Sale
    $1,450,000

    Prime 47-acre Indiana land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 47.43-acre property, located at 636 Calumet Avenue in Valparaiso, Indiana (zip code 46385), presents a unique investment opportunity. Previously the site of Mink Lake Golf Course, the land boasts a diverse landscape of pristine woods, marshes, and rolling hills. Its secluded location offers complete privacy, yet enjoys convenient proximity to amenities. The property is situated just a quarter-mile from Indiana State Road 49, providing easy access to transportation networks. Valparaiso's north side shopping and amenities are only five minutes away. The abundant wildlife makes this a haven for nature enthusiasts. This expansive parcel offers significant potential for various uses, including the redevelopment as a golf course, subdivision into estate lots, creation of a private recreational area, or establishment of a corporate retreat. Seller financing is available, making this an attractive proposition for discerning buyers. The property is classified as Lots & Land, Other, and is listed at $1,450,000. Porter County location adds to its appeal.

    Property Features for 636 Calumet Ave

    General Information

    Property type
    Land
    Lot Size
    2,066,051 SF

    HighLights

    • $1,450,000 asking price.
    • 47.43‑acre land parcel.
    • Located at 636 Calumet Avenue, Valparaiso, IN 46385.
    • Former golf course with wooded, marshland, and rolling hills terrain.
    • Suitable for redevelopment as a golf course, estate lots, recreational area, or corporate retreat.
    • Seller financing available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Department Store Food Market Accounting Firm Storage Facility HVAC Service Electrical Service Pawn Shop Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.1223362
    Latitude
    41.4654036

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    FAQs

    What type of property is this?
    Land - Prime 47-acre Indiana land, ideal for development.
    Where is this land located?
    The property is located at 636 Calumet Ave Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $1,450,000 asking price.; 47.43-acre land parcel.; Located at 636 Calumet Avenue, Valparaiso, IN 46385.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    636 Calumet Ave Valparaiso, IN 46385
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