10702 W 141st Avenue, Cedar Lake, IN 46303 (MLS# 472413)

10702 W 141st Avenue, Cedar Lake, IN 46303

$1,150,000

Main residence and farm, looking north. Red line indicates Town of Cedar Lake utilities easement. Lot continues north to the baseball field.

This view is to the north, bottom of picture is the Hanover Middle School, full utilities and annexed into Cedar Lake.

Closer southern view, new development to the east!!

Parcel to the left is not included in this listing.

View northeast to 133rd Ave, industrial park, high school and business corridor.

South view towards Hanover Middle School

Out buildings, some are in need of maintenance but solid, 2 homes, heavy electric, pond that retains water, endless possibilities!!!

Property Type: Land Lot Size (sq. ft.): 2,003,760 Status: Closed

Current Price: $1,150,000 List Date: 3/29/2020 Last Modified: 2/22/2024

Overview

Description

DEVELOPMENT OPPORTUNITIES are vast for the 46+/-acre plot of land. Great Location in Cedar Lake just east of Rt 41!!! Commercial development along 141st could service the commercial/ business void of many residents in the surrounding location. HUGE PRICE ADJUSTMENT!!!FUTURE DEVELOPMENTS SUCH AS PUD WITH MIXED USES: RESIDENTIAL, RECREATIONAL, RETREATS, MINISTRIES, LODGING, CAMPSITE, SMALL RETAIL ON FRONTAGE. ALSO CONSIDER AN INDUSTRIAL PARK FOR AN AREA THAT IS IN GREAT NEED OF NEW GROWTH. WATER AND SEWER AVAILABLE!!!

Listing Details MLS# 472413

General Property Information

Lot Size Acres: 46
Lot Size Square Feet: 2003760
Lot Size Dimensions: Irregular
List Price/Acre: 30978.26
Sold Price/Acre: 25000

Property Features

Current Use: Farm Development Status: Site Plan Approved Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Cleared; Horses Allowed; Level; Open Lot; Pond On Lot; Wooded Other Structures: Barn(s); Grain Storage; Storage; Workshop Possible Use: Automotive; Farm; Industrial; Mixed Use; Multi-Family; Recreational; Residential; Retail; Warehouse; Other Road Frontage Type: City Street; County Road Road Surface Type: Paved Sewer: Septic Tank Utilities: Electricity Available; Natural Gas Available Water Source: Well

Contract Information

Auction YN: No
Original List Price: 2700000
Property Sub Type: Unimproved Land
Lease Considered YN: Yes
Listing Agreement: Exclusive Right To Sell
Common Interest: Planned Development

Location Tax and Legal

Street Number: 10702
Street Direction Prefix: W
Street Name: 141st
Street Suffix: Avenue
County: Lake
State: IN
Postal Code: 46303
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: DEVELOPMENT OPPORTUNITIES are vast for the 46+/-acre plot of land. Great Location in Cedar Lake just east of Rt 41!!! Commercial development along 141st could service the commercial/ business void of many residents in the surrounding location. HUGE PRICE ADJUSTMENT!!!FUTURE DEVELOPMENTS SUCH AS PUD WITH MIXED USES: RESIDENTIAL, RECREATIONAL, RETREATS, MINISTRIES, LODGING, CAMPSITE, SMALL RETAIL ON FRONTAGE. ALSO CONSIDER AN INDUSTRIAL PARK FOR AN AREA THAT IS IN GREAT NEED OF NEW GROWTH. WATER AND SEWER AVAILABLE!!!

Status Change Information

Major Change Timestamp: 2024-02-16T21:18:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2024-02-16T21:18:06Z
Status Change Timestamp: 2022-05-09
Offer Acceptance Date: 2022-03-09
Close Date: 2022-05-09
Close Price: 1150000
Concessions: No
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: N

Frontage Type

Frontage Length: 480'

Showing Requirements

Showing Instructions: Use showing assist, do not drive up to farm,

Historical Information

Public Historical Remarks: Assessments: Sewer Assessments,Water & Sewer

Location, Tax, and Legal

Postal Code +4: 8311
Elementary School: Jane Ball Elementary School
Middle Or Junior School: Hanover Central Middle School
High School: Hanover Central High School
Tax Annual Amount: 9500
Tax Year: 2019
Tax Assessed Value: 0
Tax Legal Description: Platted Subdivision: No, Legal Description: Please see attachments total of 5 legals
Parcel Number: 451528326002000013
Township: Hanover
Directions: Rt 41 to 141st Ave, turn east and property on north side of road before RR crossing.
Cross Street: Rt 41

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes
Horses Allowed: Yes
Level: Yes
Open Lot: Yes
Pond On Lot: Yes
Wooded: Yes

Other Structures

Barn(s): Yes
Grain Storage: Yes
Storage: Yes
Workshop: Yes

Road Frontage Type

City Street: Yes
County Road: Yes

Road Surface Type

Paved: Yes

Sewer

Septic Tank: Yes

Utilities

Electricity Available: Yes
Natural Gas Available: Yes

Water Source

Well: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Lease Type

Net: Yes

Current Use

Farm: Yes

Development Status

Site Plan Approved: Yes

Possible Use

Automotive: Yes
Farm: Yes
Industrial: Yes
Mixed Use: Yes
Multi-Family: Yes
Recreational: Yes
Residential: Yes
Retail: Yes
Warehouse: Yes
Other: Yes

Listing Office: McColly Real Estate

Last Updated: February - 22 - 2024

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