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12531 Cedar Lake Rd

5 Acres of Residential Land Offered at $279,900 in Crown Point, IN 46307

Investment Highlights

  • 3/4 mile south of the Lake County Fairgrounds
  • 3 1/2 miles west of I-65
  • 45 Minutes to Chicago!
  • 2 miles south of the Crown Point Square
  • Just west of Crown Point High School.

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $279,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.00 AC

1 Lot Available

Lot

Price $279,900
Price Per AC $55,980
Lot Size 5.00 AC

This is a 5 acre parcel with 2 parcel numbers. This is located on the East side of Cedar Lake Road. Over 669' of frontage on Cedar Lake Road. Suitable for your office/medical building, banks, or could be changed via zoning for residential.

Description

This is a 5 acre parcel with 2 parcel numbers. This is located on the East side of Cedar Lake Road. Over 669' of frontage on Cedar Lake Road. Suitable for your office/medical building, banks, or could be changed via zoning for residential. Zoned OS-1 but can possibly get a R1 zoning that can be developed into 4 estate lots. Crown Point is as “the Hub of Lake County,” Crown Point is a rapidly-growing town in Northwestern Indiana. The courthouse, locally known as the “Grand Old Lady,” was built in 1878 and is minutes from this parcel. Property just south of the Forever Green Landscaping and adjoins Featherrock Subdivision, Fresenius Kidney Care Crown Point and Crown Point OBGYN. In the vicinity of Centier Bank, Puntillo Orthodontics, St. Jude House, Crown Point YMCA, St. Anthony' sHospital, Crown Point High School, Eisenhower Elementary School, Marathon Gas Station,Panache Salon, Walgreens and Strack and Van Til. YMCA recently had a $35 million expansion in 2018. 3/4 mile south of the Lake County Fairgrounds. 2 miles south of the Crown Point Square. 3 1/2 miles west of I-65.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-16-19-226-002.000-042
  • 45-16-19-226-016.000-042
Land Assessment
$315,600 (2023)
Improvements Assessment
$276,700 (2023)
Total Assessment
$592,300 (2023)
Annual Taxes
($1)
Tax Year
2021 Payable 2022

zoning

Zoning Code OS-1
OS-1
  • Listing ID: 21037005

  • Date on Market: 9/23/2020

  • Last Updated:

  • Address: 12531 Cedar Lake Rd, Crown Point, IN 46307

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