$125,000

Est. payment - /mo

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1.56 Acres Lot

Active

792 Merganser Lane Valparaiso, IN 46385

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Carol Vieceli

listwithcarolv@gmail.com +1(219) 299-3357

UPDATED:

01/09/2025 07:15 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Mallards Landing

MLS Listing ID 811586

Annual Tax Amount $742

Tax Year 2024

Lot Size 1.560 Acres

Lot Dimensions Irregular

Property Sub-Type Unimproved Land

Property Description

Excellent Investment Opportunity. Priced at an 8% CAP Rate, THE WELL LOCATED ON THIS LOT IS THE EXCLUSIVE WATER SOURCE FOR Mallards Landing Subdivision. Features, an attractive monthly income rental income and NO HOA DUES. Inquire today about this opportunity. While serving as the subdivision's water supply, the lot cannot be built or developed residentially. This is strictly an investment property.

Location

State IN

County Porter

Zoning Rural Residential

Interior

Fireplace No

Exterior

Community Features None

Utilities Available Cable Connected, Water Available, Water Connected, Natural Gas Connected, Electricity Connected

Roof Type None

Building

Lot Description Cleared, Other, Level

Others

HOA Fee Include None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Century 21 Alliance Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(219) 299-3357

listwithcarolv@gmail.com

310 E Lincolnway, Valparaiso, IN, 46383, USA