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140 S 500 W
Valparaiso, IN 46385

Prairie Landings · Land For Sale · 94.61 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 94.61 AC

Description

The subject property consists of 94.6 acres (+/-) immediately South of Phase 1 of Prairie Landings, a residential subdivision in rural Valparaiso. The property was intended to be phase 2 but never developed and the Plat was not recorded or finalized for the subject 94 acres. The property includes a pond on the West end of the property, some wooded areas, open areas, wetlands, a rolling topography and a street that was not formally dedicated to the County. Access is provided by 500 W which is a heavily traveled road connecting US Hwy 30 to Hwy 2. The approvals and plans were not finalized with the County allowing a new owner unlimited options. The property would be ideal for an individual or multiple home sites. The property is within the Boone Grove School system and is approximately 3 miles West of Winfield / Lakes of the Four Seasons. Phase 1 is tied into the Lake Eliza Conservancy District for sewer treatment with well water. Phase 1 consists of 56 lots with most built upon. Also available are up to 14 developed residential lots that may be purchased jointly or individually with an asking price of $25,000 per lot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-11-12-400-001.000-018
Land Assessment
$117,300
Improvements Assessment
$2,938,800
Total Assessment
$3,056,100

zoning

Zoning Code Rural residential
Rural residential
  • Listing ID: 12311825

  • Date on Market: 4/19/2018

  • Last Updated:

  • Address: 140 S 500 W, Valparaiso, IN 46385

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