Current Use by Public Records
- Land
Property Details for 550 50
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 20.14-acre parcel presents a unique investment opportunity in Porter County's Center Township, Indiana. Currently used for farming, the land is zoned for rural residential use, offering flexibility for various development scenarios. Its level topography makes it ideal for a range of projects. The property's location offers convenient access to the amenities of downtown Valparaiso, approximately 5 minutes away, while still providing a tranquil rural setting. Nearby large lots, selling in the $450,000 to $1,000,000 range, support the potential for significant returns. The property's proximity to Chicago (approximately a one-hour drive) adds to its appeal. The asking price is $750,000. This prime location, combined with its versatile zoning and desirable features, makes this a compelling investment prospect for those seeking a blend of rural charm and urban convenience. The address is 550 N 50 W, Valparaiso, IN 46385.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valparaiso
- County
- Porter
- State
- Indiana
- Longitude
- -87.0757
- Latitude
- 41.5143
