1350 W 73rd Avenue, Merrillville, IN 46410

$650,000
Property Type: Land Lot Size (sq. ft.): 2,087,831 Status: Closed
Current Price: $650,000 List Date: 4/10/2021 Last Modified: 2/23/2024

Overview

Description

Prime Duplex development available in Merrillville. Central location near local shopping and Schools. I- 80/94 Easy Access. Stunning Wooded Lot offering 47.93 Acres. Engineering and Plans approved by the Town of Merrillville. 144 Proposed dwelling units- 72 proposed duplexes! Permits have been approved and ready to build to Suit. Final Engineering completed and included in the Sales Price.

Listing Details MLS# 490926

General Property Information

Lot Size Acres
47.93
Lot Size Square Feet
2087831
Lot Size Dimensions
Irregular
Waterfront YN
No
List Price/Acre
14083.04
Sold Price/Acre
13561.44

Property Features

Current Use: Other Development Status: Site Plan Approved Frontage Type: Other Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Open Lot Other Structures: None Possible Use: Multi-Family; 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
675000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
OOR

Location Tax and Legal

Street Number
1350
Street Direction Prefix
W
Street Name
73rd
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46410
Subdivision Name
Savannah Cove

Remarks and Miscellaneous

Public Remarks
Prime Duplex development available in Merrillville. Central location near local shopping and Schools. I- 80/94 Easy Access. Stunning Wooded Lot offering 47.93 Acres. Engineering and Plans approved by the Town of Merrillville. 144 Proposed dwelling units- 72 proposed duplexes! Permits have been approved and ready to build to Suit. Final Engineering completed and included in the Sales Price.

Status Change Information

Major Change Timestamp
2021-10-06T21:22:38Z
Major Change Type
Status Change
Status Change Timestamp
2021-10-06
Offer Acceptance Date
2021-04-30
Close Date
2021-10-06
Close Price
650000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
641
Other
Yes

Showing Requirements

Showing Instructions
Go and Show

Historical Information

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

Location, Tax, and Legal

Tax Annual Amount
2966
Tax Year
2019
Tax Assessed Value
0
Tax Legal Description
Platted Subdivision: Yes, Legal Description: W2. NW. LY'G. S. OF C.& O. R.R. EX. E. 626FT. S.16 T.35 R.8 37.23AC.
Parcel Number
451216151001000030
Township
Ross
Directions
73rd Ave to Buccan to Pierce Street to 72nd Ave for Easiest access to walk the property. Property starts on 73rd Ave directly East of Green Valley Retirement home. ( Wooded Lot)
Cross Street
Buccan

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Open Lot
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

Other
Yes

Development Status

Site Plan Approved
Yes

Possible Use

Multi-Family
Yes
Residential
Yes
Listing Office: Exit Strategy Realty
Last Updated: February - 23 - 2024
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