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    3435 Swanson Rd Portage, IN 46368

    Sponsored
    For Sale
    $1,300,000

    Prime residential land, 15 acres, wooded, creek access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15-acre parcel in Portage, Indiana, presents a unique development opportunity. Located at 3435 Swanson Rd, 46368, in Porter County, this heavily wooded property boasts a pristine creek running through it and offers direct access to the Prairie Duneland Trail. The land is zoned for residential use and presents the possibility of subdividing into 21 to 24 quarter- to half-acre lots, ideal for single-family homes. The asking price for this expansive property is $1,300,000. Its tranquil setting, combined with its convenient location and access to recreational trails, makes this an attractive investment for developers seeking a prime residential land site. The property's natural beauty and proximity to amenities make it a highly desirable location for future homeowners. This is a rare opportunity to acquire a significant tract of land with exceptional potential in a sought-after Indiana community. The latitude and longitude coordinates are 41.5521018, -87.1972265 respectively. Serious inquiries only.

    Property Features for 3435 Swanson Rd

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • 15‑acre residential land site available for sale.
    • Potential for 21‑24 quarter- to half‑acre single‑family home lots.
    • Heavily wooded land abutting a creek with Prairie Duneland Trail access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Porter
    State
    Indiana
    Longitude
    -87.1972265
    Latitude
    41.5521018

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    FAQs

    What type of property is this?
    Land - Prime residential land, 15 acres, wooded, creek access.
    Where is this land located?
    The property is located at 3435 Swanson Rd Portage, IN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 15-acre residential land site available for sale.; Potential for 21-24 quarter- to half-acre single-family home lots.; Heavily wooded land abutting a creek with Prairie Duneland Trail access.
    Request Owner's contact information
    3435 Swanson Rd Portage, IN 46368
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    Portage, IN 46368
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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
    3435 Swanson Rd Portage, IN 46368
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