0 St Road 149, Valparaiso, IN 46385

$1,435,000
Property Type: Land Lot Size (sq. ft.): 2,342,657 Status: Closed
Current Price: $1,435,000 List Date: 5/31/2024 Last Modified: 9/04/2025

Overview

Description

Excellent location with mixed commercial-residential usage. On the hard corner of Indiana routes 149 and 130. Features approximately 1,300 feet of commercial frontage on IN 130 and 468 feet of frontage on IN 149. 14 acres total are zoned high intensity commercial. The remaining approximate 40 acres are zoned rural residential. There are 2 revenue producing billboards on the property. All utilities are nearly entirely to site. 5 acre pond on site for normal drainage. Daily traffic counts are 8,400 and 8,150 respectively on IN 130 and IN 149.

Listing Details MLS# 804612

General Property Information

Lot Size Acres
53.78
Lot Size Square Feet
2342656.8
Lot Size Source
Assessor
Lot Size Dimensions
1341 x 1747
Association YN
No
Waterfront YN
Yes
List Price/Acre
29285.98
Sold Price/Acre
26682.78

Property Features

Community Features: None Current Use: Agricultural; Highway/Tourist Service Development Status: Raw Land Fencing: None Frontage Type: Other Listing Terms: Cash; Conventional Other Equipment: None Other Structures: Other Pool Features: None Possession: Close Of Escrow Possible Use: Agricultural; Automotive; Commercial; Development; Highway/Tourist Service; Investment; Medical/Dental; Mini-Storage; Mixed Use; Multi-Family; Nursery; Office; Pasture; Place of Worship; Plantable; Recreational; Residential; Retail; Single Family; Subdivision; Warehouse Road Frontage Type: State Road Road Surface Type: Paved Roof: None Sewer: None Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available View: Pond; Rural Water Source: None Showing Considerations: No Exterior Lighting; Remote Location

Contract Information

Auction YN
No
Historical MLS number
416702
Original List Price
1750000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Name
St Road 149
County
Porter
State
IN
Postal Code
46385

Remarks and Miscellaneous

Public Remarks
Excellent location with mixed commercial-residential usage. On the hard corner of Indiana routes 149 and 130. Features approximately 1,300 feet of commercial frontage on IN 130 and 468 feet of frontage on IN 149. 14 acres total are zoned high intensity commercial. The remaining approximate 40 acres are zoned rural residential. There are 2 revenue producing billboards on the property. All utilities are nearly entirely to site. 5 acre pond on site for normal drainage. Daily traffic counts are 8,400 and 8,150 respectively on IN 130 and IN 149.

Status Change Information

Major Change Timestamp
2025-09-04T16:14:46Z
Major Change Type
Status Change
Price Change Timestamp
2024-08-26T17:49:46Z
Status Change Timestamp
2025-09-04
Offer Acceptance Date
2025-07-07
Close Date
2025-09-03
Close Price
1435000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
No

Public Survey Details

Public Survey Township
Union

Showing Requirements

Showing Instructions
Vacant Land - Please Show

Location, Tax, and Legal

Tax Annual Amount
1390
Tax Year
2023
Tax Legal Description
E 1/2 SE N of RR ex N450 and ex Rd Row on S 8-35-6 53.78A
Parcel Number
640908426010000019
Additional Parcels YN
No
Zoning Description
Other
Township
Porter
Directions
Northwest Corner of State Road 149 and State Road 130

Community Features

None
Yes

Fencing

None
Yes

Frontage Type

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Other Equipment

None
Yes

Other Structures

Other
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Roof

None
Yes

Sewer

None
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Pond
Yes
Rural
Yes

Water Source

None
Yes

Current Use

Agricultural
Yes
Highway/Tourist Service
Yes

Development Status

Raw Land
Yes

Possible Use

Agricultural
Yes
Automotive
Yes
Commercial
Yes
Development
Yes
Highway/Tourist Service
Yes
Investment
Yes
Medical/Dental
Yes
Mini-Storage
Yes
Mixed Use
Yes
Multi-Family
Yes
Nursery
Yes
Office
Yes
Pasture
Yes
Place of Worship
Yes
Plantable
Yes
Recreational
Yes
Residential
Yes
Retail
Yes
Single Family
Yes
Subdivision
Yes
Warehouse
Yes

Showing Considerations

No Exterior Lighting
Yes
Remote Location
Yes
Listing Office: Century 21 Alliance Group
Last Updated: September - 04 - 2025
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