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330 Indian Boundary Rd 52 Acres of Commercial Land Offered at $1,275,000 in Chesterton, IN 46304

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Investment Highlights

56.12 Acres.
2024 Taxes - $2,603.
Three Miles From Indiana Dunes National Park.

On 25 Acres of Chubb Lake.
1.5 Miles From Interstate 94.

Executive Summary

This unique property offers a development opportunity. It consists of two parcels totaling 56.12 acres. The east 14 acres are zoned Business 3, offering a prime location for commercial or business ventures. Notably, 22.12 acres of Chubb Lake are situated on this side of the property, providing scenic views and potential for recreational or waterfront-related commercial uses.
The west 20 acres are zoned Residential 3, making it ideal for residential development, creating a natural buffer between commercial and residential spaces. The combination of business and residential zoning, along with the beautiful lakefront, offers flexibility for mixed-use development.

Property Facts

Price	$1,275,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail
No. Lots	1	Total Lot Size	56.12 AC
Property Type	Land	No. Stories	2
Zoning	B3 - General Business

Price	$1,275,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail
Total Lot Size	56.12 AC
No. Stories	2
Zoning	B3 - General Business

1 Lot Available

Lot

Price	$1,275,000	Lot Size	52.00 AC
Price Per AC	$24,517.82

Price	$1,275,000
Price Per AC	$24,517.82
Lot Size	52.00 AC

Description

This property is located just half a mile from the Indian Boundary and State Road 49 exit, offering easy access to major transportation routes. Situated near the north side of Chubb Lake, the area features a variety of amenities, including the Allure Banquet, Allure Lakeside Inn, and the Best Western Indian Oak Hotel, providing convenient hospitality and event options. The Indiana Dunes National Park is just three miles away. Additionally, the north side of the lake is home to several national retailers such as Walgreens, McDonald’s, Jimmy John’s, Dairy Queen, Domino’s Pizza, Taco Bell, and Dollar Tree, making it a prime area for business development.

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Aerial
Map

330 Indian Boundary Rd, Chesterton, IN - Aerial map view - Image1

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330 Indian Boundary Rd, Chesterton, IN - Aerial map view - Image8

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330 Indian Boundary Rd, Chesterton, IN - Aerial map view - Image15

Property Taxes

Parcel Numbers	Multiple 64-04-31-154-001.000-023 64-04-31-153-001.000-023 64-04-31-301-001.000-023 64-04-31-154-003.000-023	Improvements Assessment	$1,052,200
Land Assessment	$287,500	Total Assessment	$1,339,700