325 E State Road 2, Valparaiso, IN 46383

$2,100,000
Property Type: Land Lot Size (sq. ft.): 3,457,357 Status: Closed
Current Price: $2,100,000 List Date: 4/28/2022 Last Modified: 2/22/2024

Overview

Description

79 (+/-) acres primarily zoned Industrial, with 1,500 feet of frontage on State Road 2. Currently being farmed and has tremendous development potential. It is located immediately north of the Porter County Regional Airport and just east of Porter's Vale Shopping Center. Utilities are east of Porter's Vale. Easy access to IN 49 and Hwy 30. Traffic counts in excess of 9,000 cars per day. Property is currently being farmed.

Listing Details MLS# 511548

General Property Information

Lot Size Acres
79.37
Lot Size Square Feet
3457357
Lot Size Dimensions
1317x2654
List Price/Acre
32191
Sold Price/Acre
26458.36

Property Features

Current Use: Farm Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Cleared; Level; Open Lot; Wetlands Other Structures: Other Possible Use: Commercial; Farm; Industrial; Mixed Use; Residential; Retail; Warehouse Road Frontage Type: State Road Sewer: Septic Tank Utilities: Natural Gas Available; Water Available

Contract Information

Auction YN
No
Original List Price
2555000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
325
Street Direction Prefix
E
Street Name
State Road 2
County
Porter
State
IN
Postal Code
46383
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
79 (+/-) acres primarily zoned Industrial, with 1,500 feet of frontage on State Road 2. Currently being farmed and has tremendous development potential. It is located immediately north of the Porter County Regional Airport and just east of Porter's Vale Shopping Center. Utilities are east of Porter's Vale. Easy access to IN 49 and Hwy 30. Traffic counts in excess of 9,000 cars per day. Property is currently being farmed.

Status Change Information

Major Change Timestamp
2023-05-26T21:53:15Z
Major Change Type
Status Change
Status Change Timestamp
2023-05-26
Offer Acceptance Date
2022-11-14
Close Date
2023-05-26
Close Price
2100000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Vacant land - please drive by.

Historical Information

Public Historical Remarks
Zoining: INDUS, No Well: No

Location, Tax, and Legal

Postal Code +4
9508
Tax Annual Amount
3024
Tax Year
2021
Tax Assessed Value
0
Tax Legal Description
Legal Description: W1 2 NW S RR EX W4RD 21-35-5 68.72A DITCH & W1\2 Sw N Hwy Ex Nw Cor 21-35-5 6.15A Ditch
Parcel Number
641021151002000020
Zoning Description
Industrial
Township
Washington
Directions
Head east on State Road 2 from Valparaiso. Go past Porter's Vale, and the property is located on the North side of the road less than .5 miles from the Porter's Vale entrance.

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Level
Yes
Open Lot
Yes
Wetlands
Yes

Other Structures

Other
Yes

Road Frontage Type

State Road
Yes

Sewer

Septic Tank
Yes

Utilities

Natural Gas Available
Yes
Water Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes

Current Use

Farm
Yes

Possible Use

Commercial
Yes
Farm
Yes
Industrial
Yes
Mixed Use
Yes
Residential
Yes
Retail
Yes
Warehouse
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 22 - 2024
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