10702 W 141st Avenue, Cedar Lake, IN 46303

$1,150,000
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
Waterfront YN
No
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
No
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
Listing Office: McColly Real Estate
Last Updated: February - 22 - 2024
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