11515 Iowa Street, Crown Point, IN 46307

$880,000
Property Type: Land Lot Size (sq. ft.): 4,453,139 Status: Closed
Current Price: $880,000 List Date: 1/06/2020 Last Modified: 2/23/2024

Overview

Description

Primary approval for Phase 1 with 93 lots was approved by City of Crown Point in April 2006. Layout and drawings available for renewal by Purchaser. Many lots were sold prior to the recession, but the improvements were not put in. Water and sewer available and costs for it were estimated at that time to be $400,000 - $450,000. Great topography and views. Price is less than 1/2 of the 2006 prices and acquisition costs, so priced to sell. Iowa is newly paved. Mississippi Street is proposed to be extended to 113th.

Listing Details MLS# 467935

General Property Information

Lot Size Acres
102.23
Lot Size Square Feet
4453139
Lot Size Dimensions
102.23 Acres
List Price/Acre
9772.08
Sold Price/Acre
8608.04

Property Features

Current Use: Farm Lease Type: Net Listing Terms: Cash; Conventional; Owner Assisted; Other Lot Features: Open Lot; Rolling Slope; Sloped Other Structures: None Possible Use: Residential Road Frontage Type: City Street Road Surface Type: Paved Utilities: Natural Gas Available; Sewer Available; Water Available

Contract Information

Auction YN
No
Original List Price
999000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
11515
Street Name
Iowa
Street Suffix
Street
County
Lake
State
IN
Postal Code
46307
Subdivision Name
Misty Wood

Remarks and Miscellaneous

Public Remarks
Primary approval for Phase 1 with 93 lots was approved by City of Crown Point in April 2006. Layout and drawings available for renewal by Purchaser. Many lots were sold prior to the recession, but the improvements were not put in. Water and sewer available and costs for it were estimated at that time to be $400,000 - $450,000. Great topography and views. Price is less than 1/2 of the 2006 prices and acquisition costs, so priced to sell. Iowa is newly paved. Mississippi Street is proposed to be extended to 113th.

Status Change Information

Major Change Timestamp
2020-08-27T21:18:44Z
Major Change Type
Status Change
Status Change Timestamp
2020-08-27
Offer Acceptance Date
2020-06-30
Close Date
2020-08-27
Close Price
880000
Concessions
No
Buyer Financing
Other

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
VACANT LAND

Historical Information

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

Location, Tax, and Legal

School District
Crown Point
Tax Annual Amount
0
Tax Year
0
Tax Assessed Value
0
Tax Legal Description
Platted Subdivision: No, Legal Description: PT SE 1/4 S11 T34 R8 & S 1/2 of ADJ RR R.O.W. 102.23 AC
Parcel Number
451611400013000042
Township
Center
Directions
1/4 mile South of 113th on Iowa

Listing Terms

Cash
Yes
Conventional
Yes
Owner Assisted
Yes
Other
Yes

Lot Features

Open Lot
Yes
Rolling Slope
Yes
Sloped
Yes

Other Structures

None
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes

Current Use

Farm
Yes

Possible Use

Residential
Yes
Listing Office: BHHS Executive Realty
Last Updated: February - 23 - 2024
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