$999,900
$1M PRICE DROP

150 U S 20 Porter, IN 46304

Estimated payment $6,452/month

Total Views 5,771
18 Acres
$57,137 Price per Acre
762,300 Sq Ft Lot

About This Lot

Online real estate auction for this Developer's Opportunity! Don't miss the chance to acquire and develop this Planned Unit Development (PUD) in the new Transportation District. The largest developable parcel in the Porter area, close to multiple highways and the Indiana Dunes National Lakeshore, offering convenience and recreational appeal in a beautiful and convenient setting. This PUD parcel is approximately 17 acres and one half of a prospective development that also includes an additional combined 21 aces on the west side of Waverly Rd for a total of nearly 40 acres of development opportunity. Lots of due diligence complete including survey, site plans, drawings, and proposed architectural plans. This prime 17.5-acre parcel is strategically located at the intersection of US Highway 20 and Waverly Road, providing excellent visibility and accessibility. The site is just a 3-minute drive to the South Shore Train Station, making it perfect for commuters. Additionally, it's only 5 minutes from a variety of dining, shopping, and entertainment options in Chesterton, offering residents a vibrant community experience.The location is ideal for many different proposed uses. Located a short 45 minutes from downtown Chicago. Nature lovers will appreciate that Porter Beach on Lake Michigan is a mere 6 minutes away, providing recreational opportunities and scenic views.For those seeking further expansion, additional parcels to the west totaling 21.5 acres, including a house in good condition, are also available and listed separately. Property is offered via an online real estate auction. See below for auction details.

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

  • $13,740

Year Built

  • 1956

Lot Details

  • 17.5 Acre Lot
  • Building or Site Plan Approved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 640325107001000026
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$13,740

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Unimproved
  • Road Frontage Type: County Road, Highway
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA2135
  • Co List Office Phone: (219) 747-0033
  • Co List Office Mls Id: NRA2135
  • Financial Info Electric: Other
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1956

Interior Features

  • Possible Use: Commercial, Unimproved, Multi-Family, Investment, Development

Exterior Features

  • Acres: 17.5
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Development Status: Site Plan Approved
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 762300
  • Additional Parcels: No
  • Parcel #: 640325107001000026
  • Zoning Description: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13739.76

Map

Range of Values:

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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
04/04/2025 04/04/25 For Sale $2,250,000 -- --
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 818902

Northwest Indiana Association of REALTORS®