200 200Chesterton, IN 46383

Property Details for 200 200

Lot size

24.32 AC

Property type

Specialty properties

Property subtype

Other specialty properties

APN

64-07-17-100-007.000-027

APU

640717100007000027

Description

This exceptional 73-acre property in Valparaiso, Indiana, presents a unique investment opportunity. Currently zoned A1 - General Agricultural District, this multi-use land offers significant flexibility for various development projects. The property is divisible into three parcels: a 20-acre parcel (APN 64-07-31-276-001.000-006), a 49-acre parcel (APN 64-07-31-226-002.000-006), and a 4-acre parcel (APN 64-07-31-226-001.000-006). The asking price is $1,095,000, translating to $15,000 per acre. Located in Porter County, near Chesterton, with convenient access via N 200 E, this land boasts high potential for diverse uses. The Indiana Department of Transportation (INDOT) is currently in discussions with the current owners regarding the possibility of an on/off ramp, which could significantly enhance the property's value and accessibility. Ideal for owner-users, high or low-intensity commercial ventures, multi-family residential development, or single-family residential projects, this versatile land parcel offers substantial upside potential for the discerning investor. The zoning is adaptable to suit the buyer's specific needs. This is a rare opportunity to acquire a large tract of land in a rapidly growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $389,737,312

  Hospitality

  $356,997,280

  Educational

  $297,017,568

  Medical

  $307,232,448

  Retail

  $462,027,296

Location Insight

City

Chesterton

County

Porter

State

Indiana

Latitude

41.5733

Longitude

-87.0256

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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