311 W 101st Avenue, Crown Point, IN 46307

$425,000
Property Type: Land Lot Size (sq. ft.): 1,986,118 Status: Closed
Current Price: $425,000 List Date: 2/10/2022 Last Modified: 2/23/2024

Overview

Description

Acreage with Frontage on Broadway across from Purdue Research Center West to Madison Street. Property includes parts classified as wetlands. However, with the change in Indiana law regarding wetlands and the reclassification and use, buyer to confirm these. Current use Agriculture. Rezoning and all tests, permits, and approvals responsibility of purchasers. Utilities available from both Broadway or Madison. Seller has preliminary subdivision drawings completed for 10 residential lots on Madison. However, has never gone before zoning board. Drawings and pertinent legal documents available to prequalified buyers only.

Listing Details MLS# 507429

General Property Information

Lot Size Acres
45.595
Lot Size Square Feet
1986118
Lot Size Dimensions
45.595 AC
List Price/Acre
17543.59
Sold Price/Acre
9321.2

Property Features

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

Contract Information

Auction YN
No
Original List Price
799900
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
311
Street Direction Prefix
W
Street Name
101st
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46307
Subdivision Name
na

Remarks and Miscellaneous

Public Remarks
Acreage with Frontage on Broadway across from Purdue Research Center West to Madison Street. Property includes parts classified as wetlands. However, with the change in Indiana law regarding wetlands and the reclassification and use, buyer to confirm these. Current use Agriculture. Rezoning and all tests, permits, and approvals responsibility of purchasers. Utilities available from both Broadway or Madison. Seller has preliminary subdivision drawings completed for 10 residential lots on Madison. However, has never gone before zoning board. Drawings and pertinent legal documents available to prequalified buyers only.

Status Change Information

Major Change Timestamp
2022-04-08T21:24:21Z
Major Change Type
Status Change
Status Change Timestamp
2022-04-08
Offer Acceptance Date
2022-03-19
Close Date
2022-04-08
Close Price
425000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Go and Show

Historical Information

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

Location, Tax, and Legal

Postal Code +4
8603
Tax Annual Amount
1985
Tax Year
2020
Tax Assessed Value
0
Tax Legal Description
Legal Description: E1/2 SE1/4 S.33 T.35 R.8 (EX. N. 388FT. & EX. N. 500FT OF E. 230FT. &EX. S. 660F
Parcel Number
451233477001000029
Township
Ross
Directions
Broadway North of 101st Ave Starting Approx. 700 Feet going north Approx. 1100 Feet.

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Open Lot
Yes
Wetlands
Yes

Other Structures

None
Yes

Road Frontage Type

City Street
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

Other
Yes
Listing Office: McColly Real Estate
Last Updated: February - 23 - 2024
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