0 W 400 N, Michigan City, IN 46360

$1,050,000
Property Type: Land Lot Size (sq. ft.): 950,218 Status: Active
Current Price: $1,050,000 List Date: 4/10/2025 Last Modified: 3/27/2026

Overview

Description

Welcome to the 21.814 acres of W 400 N. This large parcel at the Southern corridor to Michigan City is conveniently located off I-94 and U.S. 421 (Franklin St). Zoned B-3 Highway Commercial. New development surrounds the area including a the substantial investment in a new hospital by Franciscan Health. Geographically perfect location offers two frontages of over 700 feet each. The Northern front faces Walmart while the Southern front sits across from Duneland Dialysis. Build on the entire parcel or divide and make use of the two fronts. Hotels, medical facilities, gas stations, and convenience stores all flourish in this high traffic area. Preliminary survey work has been done on proposed subdivision into 6 parcels of about 3.5 acres each. Each parcel is available for individual purchase. I-94 Traffic count over 45,000 daily. Located in the I-94 TIF District. Two additional, adjacent sites available for a combined 32.58 Acres. Water, Sewer, Gas, and Electric available at street.

Listing Details MLS# 818882

General Property Information

Lot Size Acres
21.814
Lot Size Square Feet
950217.84
Lot Size Source
Survey
Association YN
No
Waterfront YN
No
List Price/Acre
48134.23

Property Features

Current Use: Agricultural; Farm Electric: Other Listing Terms: Cash; Conventional Lot Features: Other Possession: Close Of Escrow; Subject To Tenant Rights Possible Use: Automotive; Commercial; Farm; Medical/Dental; Mini-Storage; Office; Retail; Row Crops; Other Sewer: Public Sewer Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public

Contract Information

Auction YN
No
Original List Price
1050000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Direction Prefix
W
Street Name
400
Street Direction Suffix
N
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Coolspring Township

Remarks and Miscellaneous

Public Remarks
Welcome to the 21.814 acres of W 400 N. This large parcel at the Southern corridor to Michigan City is conveniently located off I-94 and U.S. 421 (Franklin St). Zoned B-3 Highway Commercial. New development surrounds the area including a the substantial investment in a new hospital by Franciscan Health. Geographically perfect location offers two frontages of over 700 feet each. The Northern front faces Walmart while the Southern front sits across from Duneland Dialysis. Build on the entire parcel or divide and make use of the two fronts. Hotels, medical facilities, gas stations, and convenience stores all flourish in this high traffic area. Preliminary survey work has been done on proposed subdivision into 6 parcels of about 3.5 acres each. Each parcel is available for individual purchase. I-94 Traffic count over 45,000 daily. Located in the I-94 TIF District. Two additional, adjacent sites available for a combined 32.58 Acres. Water, Sewer, Gas, and Electric available at street.

Status Change Information

Major Change Timestamp
2025-04-10T21:03:40Z
Major Change Type
New Listing
Status Change Timestamp
2025-04-10

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Schedule in Showing Assist

Historical Information

Public Historical Remarks
Zoining: COMM, No Septic Tank: No, No Well: No

Location, Tax, and Legal

Tax Annual Amount
541
Tax Year
2024
Tax Legal Description
Legal Description: 11-05-16-126-001 W 1/2 OF NE 1/4 NW 1/4 S16 T37 R4. 21.814 AC
Parcel Number
460516126001000046
Additional Parcels YN
No
Zoning Description
Commercial
Township
Coolspring
Directions
From I-94 Head North on Franklin St (421). Turn Right on 400 N. Property is to the South across from Walmart

Electric

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

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

Water Source

Public
Yes

Current Use

Agricultural
Yes
Farm
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Farm
Yes
Medical/Dental
Yes
Mini-Storage
Yes
Office
Yes
Retail
Yes
Row Crops
Yes
Other
Yes
Listing Office: Coldwell Banker Realty
Last Updated: March - 27 - 2026
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