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$98,874
Est. payment /mo
5.1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 836716
Annual Tax Amount $612
Tax Year 2024
Lot Size 5.101 Acres
Property Sub-Type Unimproved Land
Property Description
Huge 5.10-acre Hobart land opportunity with R-3 zoning and potential for up to 4 residential units, subject to local approval. This is not a standard small residential lot -- it is a rare larger tract with space, privacy, and development flexibility for a buyer, builder, investor, or long-term hold buyer. Seller's information indicates R-3 zoning, creating potential to explore 1-4 unit residential use and modular/manufactured housing options, subject to zoning, access, utilities, setbacks, drainage, permitting, and all applicable approvals. Convenient Hobart location near E 31st Ave & N Lake Park, with access to schools, parks, shopping, major routes, local amenities, and Northwest Indiana employment corridors while still maintaining a private land setting. Buyer to verify zoning, permitted use, density, modular/manufactured home allowances, utilities, driveway/access requirements, setbacks, drainage, wetlands/floodplain status, soil/septic or sewer requirements, lot dimensions, boundaries, and buildability with the City/County, utility providers, and/or a survey.
Location
State IN
County Lake
Zoning Residential
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available, Sewer Available
Building
Lot Description Other, Modular Allowed
Schools
High Schools Hobart High School
School District Hobart
Others
Acceptable Financing Cash, Lease Purchase, Conventional, Contract
Listing Terms Cash, Lease Purchase, Conventional, Contract
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Listed by Advanced Real Estate, LLC
NEARBY SCHOOL & BUSINESS
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com