$180,000
SOLD FEB 7, 2025
2.35 Acres
$76,596 Price per Acre
102,366 Sq Ft Lot

Recently Sold

38% Below List Price

256 Days on Market

About This Lot

As of February 2025

2.35 acres. Commercially zoned M1 (manufacturing) 2 land parcels being sold as 1 on busy Ridge Rd/Hwy 6 in Hobart. 2 adjoining parcels provide 182' frontage. Smaller parcel 50'x330' = .235 acres. Larger parcel 132'x660' = 2 acres. Land is only 1.4 miles east of Interstate 65 for easy access/transport.Attached documents has City of Hobart M-1 LIGHT MANUFACTURING DISTRICTS ordinance for your property use review.

Last Agent to Sell the Property

Dennis Nichols

Weichert, Realtors-Moke Agency License #RB20001421

Weichert, Realtors-Moke Agency

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $356

Lot Details

  • 2.35 Acre Lot
  • 2 Lots in the community
  • Zoning described as Industrial

Utilities

  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 450825204004000018

Property Details

Property Type

Land

Est. Annual Taxes

$356

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Commercial, Vacant
  • Road Frontage Type: Other
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA769
  • Financial Info Electric: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Automotive, Office, Warehouse, Vacant, Other, Mixed Use, Mini-Storage, Industrial, Development, Commercial

Exterior Features

  • Fencing: None
  • Acres: 2.35
  • Waterfront: No

Utilities

  • Sewer: Unknown
  • Utilities: Electricity Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Lot Info

  • Development Status: Raw Land
  • Lot Dimensions: Irregular 50'x330' and 132'x660'
  • Lot Size Sq Ft: 102366
  • Number Of Lots: 2
  • Parcel #: 450825204004000018
  • Zoning Description: Industrial

Tax Info

  • Year: 2023
  • Tax Annual Amount: 356

Map

Range of Values:

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Average Value
Not Available
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
02/07/2025 02/07/25 Sold $180,000 -37.9% --
11/23/2024 11/23/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $289,900 -- --
Source: Northwest Indiana Association of REALTORS®

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  • 8400 Colorado St, Merrillville, IN 46410

    $149,000

    • Land
    • 1.8 Acres
    • $82,778 per Acre
    • 8400 Colorado St
    • Merrillville, IN

    Located in the commercial corridor of Merrillville and Hobart, Indiana, this 1.8-acre parcel presents a prime development opportunity with its versatile M1 zoning. Ideally positioned within an industrial park,this lot is a blank canvas designed to accommodate a diverse range of operations, including retail,service industries, production facilities, processing plants, and warehouses, among others.

    Ryan Peters StreetFront, LLC

    Section Image

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800678

Northwest Indiana Association of REALTORS®