792 Merganser Lane, Valparaiso, IN 46385

$125,000
Property Type: Land Lot Size (sq. ft.): 67,954 Status: Active
Current Price: $125,000 List Date: 11/03/2025 Last Modified: 11/03/2025

Overview

Description

Excellent Investment Opportunity. THE WELL LOCATED ON THIS LOT IS THE EXCLUSIVE WATER SOURCE FOR Mallards Pointe Subdivision. Features, an attractive monthly income rental income and NO HOA DUES. Inquire today about this opportunity. While serving as the subdivision's water supply, the lot cannot be built or developed residentially. This is strictly an investment property.

Listing Details MLS# 830265

General Property Information

Lot Size Acres
1.56
Lot Size Square Feet
67954
Lot Size Source
Assessor
Association YN
Yes
Association Fee Frequency
Monthly
Association Name
Mallards Landing
Association Phone
219-331-9719
Waterfront YN
No
List Price/Acre
80128.21
Association Fee
0

Property Features

Association Amenities: None Association Fee Includes: None Current Use: Investment; Vacant Development Status: Other Electric: 200+ Amp Service Listing Terms: Cash; Conventional Lot Features: Other Possession: Close Of Escrow Possible Use: Investment; Residential Sewer: Other Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Water Available; Water Connected Water Source: Well

Contract Information

Auction YN
No
Original List Price
125000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
Yes
Occupant Type
Vacant

Location Tax and Legal

Street Number
792
Street Name
Merganser
Street Suffix
Lane
County
Porter
State
IN
Postal Code
46385
Subdivision Name
Mallards Landing

Remarks and Miscellaneous

Public Remarks
Excellent Investment Opportunity. THE WELL LOCATED ON THIS LOT IS THE EXCLUSIVE WATER SOURCE FOR Mallards Pointe Subdivision. Features, an attractive monthly income rental income and NO HOA DUES. Inquire today about this opportunity. While serving as the subdivision's water supply, the lot cannot be built or developed residentially. This is strictly an investment property.

Status Change Information

Major Change Timestamp
2025-11-03T15:11:25Z
Major Change Type
New Listing
Status Change Timestamp
2025-11-03

More Information

Exemption Information

Exemption YN
No

Location, Tax, and Legal

Tax Annual Amount
762
Tax Year
2024
Tax Legal Description
MALLARDS LANDING UNIT 3 LOT 49
Parcel Number
640627126003000006
Zoning Description
Rural Residential
Township
Liberty
Directions
On the South side of US Highway 6 between 200 West an 125 West

Association Amenities

None
Yes

Association Fee Includes

None
Yes

Electric

200+ Amp Service
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Other
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Water Available
Yes
Water Connected
Yes

Water Source

Well
Yes

Current Use

Investment
Yes
Vacant
Yes

Development Status

Other
Yes

Possible Use

Investment
Yes
Residential
Yes
Listing Office: Century 21 Alliance Group
Last Updated: November - 03 - 2025
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.