$499,900
$750K PRICE DROP

00 Waverly Rd Chesterton, IN 46304

Estimated payment $3,776/month

Total Views 8,436
15 Acres
$33,327 Price per Acre
653,400 Sq Ft Lot

Highlights

  • 15 Acre Lot
  • No HOA
  • Development of land is proposed phase
  • Westchester Intermediate School Rated A-

About This Lot

Developer's Dream - 15 Acres in Prime Porter LocationA rare opportunity to shape a high-impact project in one of Northwest Indiana's most strategic corridors. This 15-acre site, sits at the signalized corner of US Highway 20 and Waverly Road. Located just 3 minutes from the South Shore Train Station, 5 minutes from downtown Chesterton, and 6 minutes from Porter Beach, this site blends convenience with lifestyle appeal. It's also just 45 minutes from downtown Chicago, making it a strong draw for commuters.Bring your own vision or explore current concept plans for a 117-unit condo development with multi-unit retail along the frontage. Flexible zoning and a prime location make it ideal for residential, commercial, or mixed-use development.For those looking to expand, a fully approved 317-unit multifamily development is also available just east of the site--offering a unique opportunity to scale in a rapidly growing market.

Listing Agent

Matt Seibal

Coldwell Banker Market Connect License #RB23000114 Listed on: 04/04/2025

Co-Listing Agent

Justin Berggren

Coldwell Banker Market Connect License #RB15001096

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,763

Lot Details

  • 15 Acre Lot
  • Development of land is proposed phase

Utilities

  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 640326229004000026
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$11,763

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Unimproved
  • Co List Office Mls Id: NRA2135
  • Co List Office Phone: (219) 747-0033
  • Co List Office Mls Id: NRA2135
  • Financial Info Electric: 200+ Amp Service
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Retail, Multi-Family, Mixed Use, Development

Exterior Features

  • Acres: 15
  • Waterfront: No

Utilities

  • Sewer: Unknown
  • Utilities: Other
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Proposed
  • Lot Size Sq Ft: 653400
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 640326229004000026

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11763

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Price Changed $499,900 -60.0% --
04/04/2025 04/04/25 For Sale $1,250,000 -- --
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 818903

Northwest Indiana Association of REALTORS®

Indiana Porter County Chesterton 46304

00 Waverly Rd, Chesterton, IN

This home is located at 00 Waverly Rd, Chesterton, IN 46304 and is currently priced at $499,900. 00 Waverly Rd is a home located in Porter County with nearby schools including Westchester Intermediate School, Brummitt Elementary School, and Chesterton Middle School.

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Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Matt Seibal
Section Image
Coldwell Banker Market Connect
(219) 266-7247