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    Property profile & analytics

    439 Roberts Rd Chesterton, IN 46304-1556

    • Commercial land
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1038482
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 439 Roberts Rd

    Lot size
    0.39 lot acres
    Property type
    Commercial land
    APN
    64-04-31-257-002.000-023
    APU
    640431257002000023

    Description

    Exceptional investment opportunity in Chesterton, Indiana, awaits! This 0.39-acre commercial lot (APN: 64-04-31-257-002.000-023), zoned B-3, presents a remarkable chance for development or appreciation. Situated in a high-traffic commercial zone at the intersection of Indiana Boundary Road, I-94, and State Road 49, this property boasts unparalleled access to major transportation arteries including SR 49, I-94, I-80/90 Indiana Toll Road, and the South Shore Railroad. All utilities are available on-site. The 2023-2024 property taxes are $1,645.34. This location is surrounded by thriving businesses, including Jewel-Osco, Applebee's, Pizza Hut, Wendy's, and Speedway. Nearby amenities include St. Anthony Hospital's emergency center, the Omni Duneland Health and Wellness Institute, Sand Creek Country Club, Indian Oak, Quality Inn, and Walgreens. The area benefits from significant tourism, with over 6 million annual visitors to Porter County, including 3 million to the Indiana Dunes National Park. The proximity to the new Porter Hospital (261 beds, 1500+ employees) and Urschel Laboratories' corporate headquarters further enhances the property's value and potential. This versatile site is ideal for a wide range of commercial uses, including restaurants, retail, office, or medical facilities. Don't miss this chance to capitalize on Chesterton's booming economy.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesterton
    County
    Porter
    State
    Indiana
    Longitude
    -87.0361
    Latitude
    41.6152
    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
    $1,645
    $64,900
    $0.00
    $64,900
    -
    $64,900
    $0.00
    $64,900

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    439 Roberts Rd
    Chesterton, IN 46304-1556
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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