81 Morena Terrace, Crown Point, IN 46307

$84,900
Property Type: Land Lot Size (sq. ft.): 22,216 Status: Active
Current Price: $84,900 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

Description

Discover why so many buyers choose Crown Point and the gated Falling Waters community as their forever-home destination. Falling Waters offers a private, resort-like setting defined by wooded homesites, and serene water views, creating a peaceful environment where wildlife, natural scenery, and quiet walking areas are part of everyday life. A gated entrance provides added privacy and security, while strong pride of ownership is evident throughout the neighborhood, which features custom-built homes ranging from upscale to true luxury. Beyond the gates, Crown Point delivers a vibrant community lifestyle centered around its historic Downtown Square and Bulldog Park. Residents enjoy a full calendar of annual events, including the Summer Corn Roast, Taste of Crown Point, the Summer Concert Series, and the Fourth of July Parade and Fireworks. Seasonal activities continue throughout the year with ice skating, a Santa Parade, a New Year's Eve Ball Drop, and rotating festivals and markets tha ...

Listing Details MLS# 838362

General Property Information

Lot Size Acres
0.51
Lot Size Square Feet
22216
Lot Size Source
Assessor
Association YN
Yes
Association Fee
1050
Association Fee Frequency
Annually
Association Name
1st American Management
Association Phone
219-464-3536
Waterfront YN
No
List Price/Acre
166470.59

Property Features

Association Amenities: None Association Fee Includes: Snow Removal; Trash; Other Current Use: Unimproved Development Status: Raw Land; Other Electric: Other Listing Terms: Cash; Conventional Lot Features: Cul-De-Sac; Few Trees; Wooded Possession: Negotiable Possible Use: Residential Sewer: Public Sewer Special Listing Conditions: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available View: Neighborhood; Trees/Woods Water Source: Public

Contract Information

Auction YN
No
Original List Price
84900
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
81
Street Name
Morena
Street Suffix
Terrace
County
Porter
State
IN
Postal Code
46307
Subdivision Name
Falling Waters

Remarks and Miscellaneous

Public Remarks
Discover why so many buyers choose Crown Point and the gated Falling Waters community as their forever-home destination. Falling Waters offers a private, resort-like setting defined by wooded homesites, and serene water views, creating a peaceful environment where wildlife, natural scenery, and quiet walking areas are part of everyday life. A gated entrance provides added privacy and security, while strong pride of ownership is evident throughout the neighborhood, which features custom-built homes ranging from upscale to true luxury. Beyond the gates, Crown Point delivers a vibrant community lifestyle centered around its historic Downtown Square and Bulldog Park. Residents enjoy a full calendar of annual events, including the Summer Corn Roast, Taste of Crown Point, the Summer Concert Series, and the Fourth of July Parade and Fireworks. Seasonal activities continue throughout the year with ice skating, a Santa Parade, a New Year's Eve Ball Drop, and rotating festivals and markets that bring the community together. Despite its tranquil, nature-filled setting, Falling Waters is just minutes from shopping, dining, parks, and recreation, and approximately 40 minutes from downtown Chicago, offering an ideal balance of retreat-style living and everyday convenience. Low Porter County taxes and access to highly regarded Crown Point schools further enhance the value, making Falling Waters one of Northwest Indiana's most sought-after gated communities for those seeking lifestyle, community, and long-term value. The HOA fee includes trash pickup, road maintenance, security gates, and snow removal of common streets.

Status Change Information

Major Change Timestamp
2026-05-06T18:00:21Z
Major Change Type
New Listing
Status Change Timestamp
2026-05-06

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Go and show - vacant land

Location, Tax, and Legal

School District
Porter Township
Elementary School
Porter Lakes Elementary School
High School
Boone Grove High School
Tax Annual Amount
1272
Tax Year
2024
Tax Assessed Value
83600
Tax Legal Description
FALLING WATERS LOT 225 .51A
Parcel Number
641103407002000018
Zoning Description
Residential
Township
Porter
Directions
East 109th becomes 100 South - Falling Waters is directly past Lake of Four Seasons approx. 1/2 mile on North side of road
Cross Street
Verdano Terrace

Association Amenities

None
Yes

Association Fee Includes

Snow Removal
Yes
Trash
Yes
Other
Yes

Electric

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cul-De-Sac
Yes
Few Trees
Yes
Wooded
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Neighborhood
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Current Use

Unimproved
Yes

Development Status

Raw Land
Yes
Other
Yes

Possible Use

Residential
Yes
Listing Office: Weichert Realtors - Shoreline
Last Updated: May - 06 - 2026
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