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330 Indian Boundary Rd 52 Acres of Commercial Land Offered at $1,742,849 CAD 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 $1,742,849 CAD
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 $1,742,849 CAD
Price Per AC $33,514.38 CAD
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.

Property Taxes

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
Land Assessment
$392,185 CAD
Improvements Assessment
$1,435,327 CAD
Total Assessment
$1,827,512 CAD
  • Listing ID: 33686838

  • Date on Market: 2024-10-30

  • Last Updated:

  • Address: 330 Indian Boundary Rd, Chesterton, IN 46304

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