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Financial
Distress signals
Property profile

150 Us Hwy 20 Porter, IN 46304

OFF-MARKET
Commercial land
Property ID
US31-0875493
12,366 SF 17.52 ac lot Built 1995
Last sale Aug 2010 · $1,600,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 39-acre property in Chesterton, Indiana, presents a prime multifamily development opportunity. Located just minutes from Indiana Dunes National Park and less than an hour from downtown Chicago, this site offers unparalleled access to natural beauty and urban amenities. The eastern 17.5 acres are approved for a 318-unit Planned Unit Development (PUD), with plans ready for immediate groundbreaking. This section provides a significant opportunity to build a thriving residential…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$505k
Assessed land$505k
Effective rate2.72%

Value estimate

· Oct 2026
$975k
$878k – $1.07M
Submarket $/SF estimate$995k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$54 – $131
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Realty agency13.1
Auto Repair Shop12.4

Location

150 Us Hwy 20 Porter, IN 46304-9561
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
536 Broadway, Chesterton, IN 46304-2320 $35,000 Feb 2025 No data
101 Calumet, Chesterton, IN 46304 $262,000 Apr 2024 No data
Us Hwy 20, Burns Harbor, IN 46304 $260,000 Jan 2024 No data
2825 Matson, Chesterton, IN 46304 $195,000 Aug 2023 No data
283 Melton, Chesterton, IN 46304-9746 $540,000 May 2023 No data
Of Haglund, Burns Harbor, IN 46304 $540,000 May 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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