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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges

636 Calumet Ave Valparaiso, IN 46383-7902

26.6 ac lot Built 1950
Individually Owned 15-yr Hold Free & Clear
Property ID
US31-0635956
Property summary
AI-generated overview

This exceptional 47.43-acre property, located at 636 Calumet Avenue in Valparaiso, Indiana (zip code 46385), presents a unique investment opportunity. Previously the site of Mink Lake Golf Course, the land boasts a diverse landscape of pristine woods, marshes, and rolling hills. Its secluded location offers complete privacy, yet enjoys convenient proximity to amenities. The property is situated just a quarter-mile from Indiana State Road 49, providing easy access to transportation networks. Valparaiso's north side shopping and amenities are only five minutes away. The abundant wildlife makes this a haven for nature enthusiasts. This expansive parcel offers significant potential for various uses, including the redevelopment as a golf course, subdivision into estate lots, creation of a private recreational area, or establishment of a corporate retreat. Seller financing is available, making this an attractive proposition for discerning buyers. The property is classified as Lots & Land, Other, and is listed at $1,450,000. Porter County location adds to its appeal.

Property profile
Verified
Property type Golf courses & driving ranges
Use group GOLF COURSE
Year built 1950
Lot 26.6 ac (1,158,696 SF)
APN 64-07-31-326-001.000-006
UPID US31-0635956
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Donald P Sella · 15 yrs held
Donald P Sella
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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