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330 Indian Boundary Rd 52 Acres of Commercial Land Offered at $1,275,000 in Chesterton, IN 46304
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.
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 | |
| 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 | |
| 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.
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,053,900 | |
| Land Assessment | $281,700 | Total Assessment | $1,335,600 |
Property Taxes
Parcel Numbers
Land Assessment
$281,700
Improvements Assessment
$1,053,900
Total Assessment
$1,335,600
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330 Indian Boundary Rd