4

Lake Station, IN Homes for Sale with Acreage

Section Image Section Image
  • 1290 Ripley St, Lake Station, IN 46405
    1290 Ripley St, Lake Station, IN 46405
    1290 Ripley St, Lake Station, IN 46405
    /14

    $1,400,000

    • Land
    • 5.77 Acres
    • $242,634 per Acre

    1290 Ripley St, Lake Station, IN 46405

    Prime commercial lot available!!! Perfectly positioned for maximum business exposure. Located just off Route 51 and close to Interstate 80-94, this site benefits from an impressive daily traffic count -- with tens of thousands of vehicles passing by each day. This high-visibility location ensures your business will capture significant attention from both local customers and commuters traveling

    Agent Photo

    Anthony Sobczak

    VIA Realty

    1290 Ripley St, Lake Station, IN 46405
  • 1190 E 23rd Ct, Lake Station, IN 46405
    1190 E 23rd Ct, Lake Station, IN 46405
    /2

    $199,900

    • Land
    • 18 Acres
    • $11,106 per Acre

    1190 E 23rd Ct, Lake Station, IN 46405

    18 acres of commercial land at dead end street with all frontage facing I 94 property has 2 leased billboards bringing in yearly income. Call for complete details! May have additional land uses as well!

    Larry Nickell Woodlands & Waters Real Esta

    1190 E 23rd Ct, Lake Station, IN 46405
  • 32 Nd Laporte St, Lake Station, IN 46405
    32 Nd Laporte St, Lake Station, IN 46405
    32 Nd Laporte St, Lake Station, IN 46405
    /3

    $114,900

    • Land
    • 5.62 Acres
    • $20,445 per Acre

    32 Nd Laporte St, Lake Station, IN 46405

    CALLING ALL INVESTORS, DREAMERS AND DO-ERS! 5 acres of land in a quiet neighborhood is a blank canvas for you to bring your vision to life! Conveniently located just minutes from I-80/94 and I-65, Meister Elementary School, as well as Hobarts popular shopping and dining amenities. Bring your builders and your blueprints-- your dream begins here. Property located at the dead ends of E 33rd Ave and

    Samantha Taylor-Lechert Ginter Realty

    32 Nd Laporte St, Lake Station, IN 46405
  • 3700 Montgomery St, Hobart, IN 46342
    3700 Montgomery St, Hobart, IN 46342
    /2

    $499,999

    • Land
    • 1 Acre
    • $499,999 per Acre

    3700 Montgomery St, Hobart, IN 46342

    High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility

    Michael Becze McColly Real Estate

    3700 Montgomery St, Hobart, IN 46342
Indiana Lake County

Homes for Sale with Acreage in Lake Station, IN

Home Prices in Lake Station, IN

The median home sale price in Lake Station, IN is $185,000, up 20% year-over-year. Homes in Lake Station sell in 39 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price
$185,000
Median Single Family Sale Price
$185,000
Median 2 Bedroom Sale Price
$140,000
Median 1 Bedroom Sale Price
$45,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
16
Last 12 months Home Sales
135
Months of Supply
1.40
Median List Price
$195,803
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
20%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lake Station, there are currently 4 homes for sale with acreage, providing ample space for homeowners to customize their living environment, whether for expansive gardens, outdoor entertaining, or enhanced privacy. Whether you're in search of a spacious family home with plenty of room to roam, a property ripe for development, or simply seeking space and tranquility, homes for sale with acreage in Lake Station, IN offer the flexibility to tailor your living experience to your preferences. Browse the selection of homes for sale with land in Lake Station and discover the potential and freedom that comes with owning your own piece of property.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group