6200 Melton Road, Portage, IN 46368

$850,000
Property Type: Land Lot Size (sq. ft.): 163,786 Status: Closed
Current Price: $850,000 List Date: 1/31/2013 Last Modified: 2/24/2024

Overview

Description

Strategic commercial corner on U.S. Highway 20, Willowcreek Rd and Interstate 94. Near shopping, major restaurants and lodging. This property is flat and ready to be developed with all utilites nearby. A cut off US 20 already exists. The property currently consists of greenspace and a parking lot with an existing lease agreement. Purchase and be able to realize income while building plans are in progress

Listing Details MLS# 321719

General Property Information

Lot Size Acres
3.76
Lot Size Square Feet
163786
Lot Size Dimensions
3.76 acres
List Price/Acre
263430.85
Sold Price/Acre
226063.83

Property Features

Current Use: Parking Lot Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Corner Lot; Level Other Structures: Other Possible Use: Automotive; Commercial; Mixed Use; Office; Retail Road Frontage Type: Interstate; State Road Utilities: Natural Gas Available; Sewer Available; Water Available

Contract Information

Original List Price
990500
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
6200
Street Name
Melton
Street Suffix
Road
County
Porter
State
IN
Postal Code
46368
Subdivision Name
Norstar Crossing

Remarks and Miscellaneous

Public Remarks
Strategic commercial corner on U.S. Highway 20, Willowcreek Rd and Interstate 94. Near shopping, major restaurants and lodging. This property is flat and ready to be developed with all utilites nearby. A cut off US 20 already exists. The property currently consists of greenspace and a parking lot with an existing lease agreement. Purchase and be able to realize income while building plans are in progress

Status Change Information

Major Change Timestamp
2013-07-17T16:38:13Z
Major Change Type
Status Change
Status Change Timestamp
2013-07-17
Offer Acceptance Date
2013-07-13
Close Date
2013-07-17
Close Price
850000
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Vacant Land- Ok to Show

Historical Information

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

Location, Tax, and Legal

School District
Portage Township
Tax Annual Amount
7600
Tax Year
2013
Tax Assessed Value
0
Tax Legal Description
Platted Subdivision: No, Legal Description: Norstar Crossing Subdivision Lot 2 3.76A
Parcel Number
640501328002000016
Zoning Description
Commercial
Township
Portage
Directions
On northwest corner of the intersection of U.S. highway 20 and Willowcreek Road. Just south of I-94. Behind the liquor store and east of the hotel.
Cross Street
U.S. Highway 20

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Level
Yes

Other Structures

Other
Yes

Road Frontage Type

Interstate
Yes
State 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

Parking Lot
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Mixed Use
Yes
Office
Yes
Retail
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.