347 Melton RdChesterton, IN 46304

  • Land
  • 2.00 AC
For Sale
$785,000 View listing

Property Details for 347 Melton Rd

Lot size
2.00 AC
Property type
Land
Property subtype
Commercial land
APN
64-06-05-401-003.000-024
APU
640605401003000024

Description

Exceptional 5.16-acre development opportunity in Chesterton, Indiana, strategically located on US Highway 20. This rectangular parcel boasts 612 feet of road frontage, offering excellent visibility and accessibility. The property is zoned for both residential and commercial uses (Lots 5 & 6: Residential/Commercial 1), providing flexibility for a variety of development projects. Its prime location offers easy access to major transportation arteries, including Interstate 94, US Highway 12, and State Highway 149, as well as proximity to I-65 and state roads 249, 51, and 49. The site benefits from its proximity to the Indiana Dunes National Lakeshore Park, Burns Harbor's industrial sector (including Cleveland Cliffs Burns Harbor steel mill and the Port of Indiana), and the Ameriplex at the Port business park. This location also provides convenient access to commuter rail service to Chicago and South Bend. The lot depths range from 250 to 300 feet, accommodating diverse uses, from commercial flex warehouse space to live-work opportunities. Low Indiana taxes further enhance the investment potential. This property presents a unique chance to capitalize on the growth and development within this thriving community. The asking price is $785,000.

347 Melton Rd, Chesterton, Indiana
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Location Insight

City
Burns Harbor
County
Porter
State
Indiana
Latitude
41.6007
Longitude
-87.1327
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,303
$108,800
-
$108,800
-
$108,800
-
$108,800

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