0 Lute Rd Portage, IN 46368

This exceptional 13.32-acre property in Portage Township, Indiana, presents a compelling opportunity for residential development. Ideally situated on the north side of Lute Road, this land offers convenient access and proximity to desirable amenities. The property enjoys a tranquil setting adjacent to the Prairie Duneland Trail, providing a picturesque backdrop. Its location is directly west of the Providence Manor subdivision (west of 5850 Lute Rd) and across the street, slightly west of Miller's Senior Living Community. Currently zoned R2 under the Portage UDO zoning map, the property's future use requires due diligence and verification with the City of Portage, Indiana. While not currently leased, the land previously generated an annual income of $1,300 from farm ground use. This versatile parcel offers significant redevelopment potential, subject to city approvals and buyer's due diligence. The property's APN is 64-05-23-251-007.000-016. The asking price is $280,000. This is a rare opportunity to acquire a substantial land parcel in a thriving Indiana community. Serious inquiries only.