285 E Division Road, Valparaiso, IN 46383

$3,118,400
Property Type: Land Lot Size (sq. ft.): 3,397,680 Status: Closed
Current Price: $3,118,400 List Date: 7/25/2019 Last Modified: 2/23/2024

Overview

Description

Prime development land opportunity for Industrial use. This 78 acre piece is zoned industrial, and is South of the Montdale Industrial Park in Valparaiso, Indiana. This site would need to be annexed by the City, but there are utilities to the site as well as potential rail access. The property is immediately East of Pratt Industries and offers quick access to Hwy 49 which is just South of Hwy 30 and minutes from the Toll Rd (I 80) and I-90/94. I 65 is approximately 15 miles West as well. This property is fairly level but well drained and currently farmed. depending on the time of sale there may be crop rights for the farmer but that will be determined. The entire corridor to the East of this property and North to Hwy 30 is all part of a master plan for Industrial type users for the City to expand.

Listing Details MLS# 458646

General Property Information

Lot Size Acres
78
Lot Size Square Feet
3397680
Lot Size Dimensions
1,376'x2,790'x1,513'x2,203'
List Price/Acre
50000
Sold Price/Acre
39979.49

Property Features

Current Use: Farm Lease Type: Net Listing Terms: Cash; Conventional; Other Lot Features: Cleared; Open Lot Other Structures: None Possible Use: Farm; Industrial; Warehouse Road Frontage Type: County Road Utilities: Natural Gas Available; Sewer Available; Water Available

Contract Information

Auction YN
No
Original List Price
3900000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
285
Street Direction Prefix
E
Street Name
Division
Street Suffix
Road
County
Porter
State
IN
Postal Code
46383
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
Prime development land opportunity for Industrial use. This 78 acre piece is zoned industrial, and is South of the Montdale Industrial Park in Valparaiso, Indiana. This site would need to be annexed by the City, but there are utilities to the site as well as potential rail access. The property is immediately East of Pratt Industries and offers quick access to Hwy 49 which is just South of Hwy 30 and minutes from the Toll Rd (I 80) and I-90/94. I 65 is approximately 15 miles West as well. This property is fairly level but well drained and currently farmed. depending on the time of sale there may be crop rights for the farmer but that will be determined. The entire corridor to the East of this property and North to Hwy 30 is all part of a master plan for Industrial type users for the City to expand.

Status Change Information

Major Change Timestamp
2020-11-24T22:17:24Z
Major Change Type
Status Change
Status Change Timestamp
2020-11-24
Offer Acceptance Date
2020-11-23
Close Date
2020-11-24
Close Price
3118400
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
24 Hour Notice

Historical Information

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

Location, Tax, and Legal

Tax Annual Amount
2034
Tax Year
2018
Tax Assessed Value
120900
Tax Legal Description
Legal Description: PAR IN E1378 E1/2 SRR 32-35-5 78A DITCH DR415 P268
Parcel Number
641032400003000020
Township
Washington
Directions
From Valparaiso take Hwy 30 east onto IN 49 South. Stay on 49 for roughly a half mile. Turn left onto Division Rd., which is the stop light just after the fairgrounds. The property will be on the north side of the road about a half mile down.

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lot Features

Cleared
Yes
Open Lot
Yes

Other Structures

None
Yes

Road Frontage Type

County Road
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

Farm
Yes
Industrial
Yes
Warehouse
Yes
Listing Office: Wille Stiener & Brust, Inc.
Last Updated: February - 23 - 2024
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