14578 Montgomery Street, Crown Point, IN 46341

New Listing
$287,500
Property Type: Land Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $287,500 List Date: 7/02/2026 Last Modified: 7/02/2026

Overview

Description

RARE opportunity to build your dream home or hobby farm on this beautiful 5 acre homestead located just off the US 231 corridor with fast access to I65 and a quick trip to town, shopping and entertainment. SELDOM do you find 5 acres, let alone an ideal shaped property offering 548' of depth with A1 397' frontage and space for it all. A west-facing rear for sunsets and family recreation and an east-facing front perfect for morning coffee on your future wrap around porch with peaceful countryside views. Served by highly desirable Crown Point schools including Winfield Elementary down the road is recognized as A-rated with strong student achievement scores, while Crown Point High School continues to earn high academic rankings and college prep recognition statewide. Important groundwork has already been completed with a soil test on file and available for download. Preliminary septic approval completed by the local installer who helped develop the area notes the perc test supports a conve ...

Listing Details MLS# 841657

General Property Information

Number Of Lots
Yes
Lot Size Acres
5
Lot Size Square Feet
217800
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
List Price/Acre
57500

Property Features

Current Use: Agricultural Development Status: Completed Electric: 200+ Amp Service Listing Terms: Cash; Conventional Lot Features: Other Possession: Close Of Escrow Possible Use: Agricultural; Residential; Single Family Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Electricity Available; Natural Gas Available View: Rural Water Source: Well

Contract Information

Auction YN
No
Original List Price
287500
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
Seller to consider offering concessions
No
Occupant Type
Vacant

Location Tax and Legal

Street Number
14578
Street Name
Montgomery
Street Suffix
Street
County
Lake
State
IN
Postal Code
46341
Subdivision Name
D & N Gibbs Estates

Remarks and Miscellaneous

Public Remarks
RARE opportunity to build your dream home or hobby farm on this beautiful 5 acre homestead located just off the US 231 corridor with fast access to I65 and a quick trip to town, shopping and entertainment. SELDOM do you find 5 acres, let alone an ideal shaped property offering 548' of depth with A1 397' frontage and space for it all. A west-facing rear for sunsets and family recreation and an east-facing front perfect for morning coffee on your future wrap around porch with peaceful countryside views. Served by highly desirable Crown Point schools including Winfield Elementary down the road is recognized as A-rated with strong student achievement scores, while Crown Point High School continues to earn high academic rankings and college prep recognition statewide. Important groundwork has already been completed with a soil test on file and available for download. Preliminary septic approval completed by the local installer who helped develop the area notes the perc test supports a conventional below-grade gravity fed septic system with perimeter drain routed to the NW corner for a 3 bed home with a 1000gal tank. Current preliminaries also support a 4 bed home utilizing a force dosed system with a 1250gal tank, while a 3 bed home with a den does not require that. Per county requirements, 5+ bed homes require a mound system. Consultations available during inspection due diligence with estimated 2026 septic pricing starting around 18k for 3 bed, 25k for 4 bed, and 34-39k for mound systems. Older recorded covenants exist on file, however no enforcement has been identified over the years and surrounding homes appear consistent with Lake County Planning guidelines. No active architectural control committee has been located since the early 2000's development. Building department can assist with code and requirement questions. Plenty of room for outbuildings, gardens, animals, and outdoor entertaining. Bring your vision, opportunities like this are fading fast!

Status Change Information

Major Change Timestamp
2026-07-02T21:23:34Z
Major Change Type
New Listing
Status Change Timestamp
2026-07-02

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Use ShowingTime

Location, Tax, and Legal

School District
Crown Point
Elementary School
Winfield Elementary School
Middle Or Junior School
Robert Taft Middle School
High School
Crown Point High School
Tax Annual Amount
1282
Tax Year
2025
Tax Legal Description
D & N GIBBS ESTATES LOT 7 548x397
Parcel Number
451732326005000044
Township
Winfield
Directions
I-65 S exit 247 and US-231 East to Montgomery St. North to the Lot on the West side of the road
Census Tract
433.02

Electric

200+ Amp Service
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes

View

Rural
Yes

Water Source

Well
Yes

Current Use

Agricultural
Yes

Development Status

Completed
Yes

Possible Use

Agricultural
Yes
Residential
Yes
Single Family
Yes
Listing Office: SCHUPP Real Estate
Last Updated: July - 02 - 2026
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