4075 W 125th Ave - Hidden Lakes Acreage
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4075 W 125th Ave - Hidden Lakes Acreage
114.24 Acres of Residential Land Offered at $3,425,000 in Crown Point, IN 46307
Investment Highlights
- 114 acres (+/-) of land adjacent to Crown Point City Limits
- Unique topography allows for building sites not easily found in NW IN
- Current zoning is R3 in County in unincorporated Center Township
- Highly desirable area with frontage on 125th & Cedar Lake Rd
- Close proximity to Crown Point HS, the YMCA, Hospital and other needed services
Executive Summary
BACK ON THE MARKET. Subject property is adjacent to City limit on SW side of Crown Point in a highly desirable area. More specifically it is located on the SW corner of 125th & Cedar Lake Rd in Unincorporated Center Township. Property will need annexation and access to utilities for development but in a prime location with a unique topography, small lake and wooded areas that has the potential for higher end homesites subject to all permits and approvals. The NE corner of the property closest to 125th & Cedar Lake Rd is flatter and more typical for the area. SEE ATTACHED TOPOGRAPHY FOR FURTHER INFORMATION. The property is approximately 3/4 mile West of Crown Point High School, close to the YMCA, Hospital, and other amenities. Previously undeveloped property with no buildings located on the property. Property consists of 2 parcels (45-16-19-201-001.000-041) & (45-16-19-176-001.000-041). Taxes paid in 2019 were just under $2600 for the entire property.
Property Facts
| Price | $3,425,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 114.24 AC |
| Price | $3,425,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 114.24 AC |
1 Lot Available
Lot
| Price | $3,425,000 | Lot Size | 114.24 AC |
| Price Per AC | $29,981 |
| Price | $3,425,000 |
| Price Per AC | $29,981 |
| Lot Size | 114.24 AC |
Residential development opportunity on 2 Parcels of land with frontage on 125th Ave (just under 1900' +/-) & Cedar Lake Rd (1245' +/-). Features a private lake, wooded areas and potentially beautiful homesites with topography and natural setting.
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PROPERTY TAXES
| Parcel Number | 45-16-19-176-001.000-041 | Improvements Assessment | $0 |
| Land Assessment | $90,100 | Total Assessment | $90,100 |
PROPERTY TAXES
Parcel Number
45-16-19-176-001.000-041
Land Assessment
$90,100
Improvements Assessment
$0
Total Assessment
$90,100
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Tim Brust -
Wille, Stiener, & Brust, Inc.
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4075 W 125th Ave - Hidden Lakes Acreage
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