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Northwood Trails - Northwood Trails Subdivision (Platted)

28.4 Acres of Commercial Land Offered at $1,200,000 in Portage, IN 46368

Investment Highlights

  • Shovel Ready
  • Seller Terms Available
  • Has All Municipal Approvals

Executive Summary

Opportunity to own and develop North Wood Trails, an approved and platted 80 lot subdivision in Portgae, IN off U.S. Highway 20 (Melton Road). The subdivision is 1/2 mile from I-94 and 1/3 mile from Crissman Road (Indiana Route 249). The nearly 29 acre subdivision has been approved by Portage. All utilities are to the site. The subdivision is correctly zoned single family residential and is completely SHOVEL READY. Can also be combined with the 4.8 acre commercial partial directly north of the property.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes $1,395 $49.12
Operating Expenses - -
Total Expenses $1,395 $49.12

Financial Summary (Actual - 2023)

Taxes
Annual $1,395
Annual Per AC $49.12
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $1,395
Annual Per AC $49.12

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 28.40 AC
Cross Streets Old Porter Road

1 Lot Available

Lot

Price $1,200,000
Price Per AC $42,254
Lot Size 28.40 AC

28.4 acres semi wooded land located between U.S. Highway 20 and Old Porter Avenue in Portage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64-06-06-351-001.000-016
Land Assessment
$34,600
Improvements Assessment
$0
Total Assessment
$34,600
Annual Taxes
$1,395
Tax Year
2023 Payable 2024

zoning

Zoning Code Residential-Single Family (High density single family residential.)
Residential-Single Family (High density single family residential.)
  • Listing ID: 33601998

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: Northwood Trails, Portage, IN 46368

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