11827 Gibson Street, Crown Point, IN 46307

$980,000
Property Type: Farm Lot Size (sq. ft.): 5,227,200 Status: Closed
Current Price: $980,000 List Date: 9/26/2019 Last Modified: 2/24/2024

Overview

Description

PRICE REDUCED Subject property is currently farmed but has longer term potential for residential development. Property is L shaped with 1/4 mile (+/-) of frontage on 117th and 1/2 mile (+/-) of frontage on Gibson. Property also has a pond and some trees and includes a former railroad right of way. Soil maps and productivity reports are attached. This is in the highly desirable area of Winfield and in the path of development. It does not currently have sewer and water to the site but it is expanding toward the property from Winfield.

Listing Details MLS# 463763

General Property Information

Living Area Source
Assessor
Year Built
1900
Lot Size Acres
120
Lot Size Square Feet
5227200
Basement YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Rooms Total
0
Above Grade Finished Area
0
Below Grade Finished Area
0
Garage Spaces
0

Property Features

Community Features: None Lease Type: Net Listing Terms: Cash; Conventional; Other Lot Features: Rolling Slope; Wooded Other Structures: None Possession: Negotiable Road Frontage Type: County Road Road Surface Type: Paved Utilities: Electricity Not Available Waterfront Features: Creek; Stream

Contract Information

Auction YN
No
Original List Price
1068000
Lease Considered YN
Yes
Property Sub Type
Farm
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
11827
Street Name
Gibson
Street Suffix
Street
County
Lake
State
IN
Postal Code
46307
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
PRICE REDUCED Subject property is currently farmed but has longer term potential for residential development. Property is L shaped with 1/4 mile (+/-) of frontage on 117th and 1/2 mile (+/-) of frontage on Gibson. Property also has a pond and some trees and includes a former railroad right of way. Soil maps and productivity reports are attached. This is in the highly desirable area of Winfield and in the path of development. It does not currently have sewer and water to the site but it is expanding toward the property from Winfield.

Status Change Information

Major Change Timestamp
2020-12-16T13:37:14Z
Major Change Type
Status Change
Status Change Timestamp
2020-12-16
Offer Acceptance Date
2020-12-15
Close Date
2020-12-16
Close Price
980000
Concessions
No
Buyer Financing
Cash

More Information

Land Details

Cultivated Area
105
Habitable Residence YN
Yes
Wooded Area
0

Showing Requirements

Showing Instructions
Road viewing w/out Listing Broker ok, do not drive or walk

Location, Tax, and Legal

Postal Code +4
9011
Tax Annual Amount
5182
Tax Legal Description
Legal Description: Sec 18, Twn 34 N, R 7W of 2nd PM Lake Co IN (Partial desc)
Parcel Number
451718200007000047
Directions
Property is located on the SE corner of 117th and Gibson.
Cross Street
117th Ave

Community Features

None
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lock Box Information

Lock Box Serial Number
No

Lot Features

Rolling Slope
Yes
Wooded
Yes

Other Structures

None
Yes

Possession

Negotiable
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Not Available
Yes

Waterfront Features

Creek
Yes
Stream
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes
Listing Office: Wille Stiener & Brust, Inc.
Last Updated: February - 24 - 2024
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