792 Merganser Lane

Valparaiso, IN 46385

$125,000
Price
67,954 / 1.56
Lot Size / Acres

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.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.
  1. Listed by Nicholas Sommer • Century 21 Alliance Group
    P: (219)-405-8596 C: (219)-405-8596 nicksommer@21alliance.com

Property Details for 792 Merganser Lane

Zoning
Rural Residential
Subdivision
Mallards Landing
LISTING UPDATED: 10/14/2024 10:18 AM

Property Details for 792 Merganser Lane

StatusActive
MLS #811586
Days on Market68
Taxes$743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.56 AC
CountyPorter County

Building Information for 792 Merganser Lane

Lot Size1.56 AC

Property Information for 792 Merganser Lane

Summary
Location and General Information
  • Directions: On the South side of US Highway 6 between 200 West and 125 West
  • City/Town: Valparaiso
  • State: IN
  • Township: Liberty
  • ZIP: 46385
  • Latitude: 41.55
  • Longitude: -87.10
  • County: Porter
Taxes and HOA
  • Annual Tax Amount: $742.80
  • APN/Key #: 640627126003000006
  • Tax Year: 2024
  • Association Fee: $.00
  • Association Fee Frequency: Monthly
  • Tax Legal Description: MALLARDS LANDING UNIT 3 LOT 49
  • Association Fee Includes: None
Property
Lot Information
  • Lot Square Footage: 67,954.00
  • Lot Dimensions: Irregular
  • Acres: 1.56
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Lot Description: Cleared, Other, Level
  • Road Access: Private Road
  • Potential Use: Investment, Residential
  • Current Use: Investment, Vacant
Utilities
  • Utilities: Cable Connected, Water Available, Water Connected, Natural Gas Connected, Electricity Connected
  • Electric: 200+ Amp Service
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Out Buildings: None
Interior Features
  • Equipment: DC Well Pump
  • Roof: None

Property History for 792 Merganser Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 792 Merganser Lane

Taxable ValueLand$46,300Additions-Total$46,300
Tax Record2023$863 ($72 / month)
Home Facts
Beds3Total Finished SqFt2,404 SqFtAbove Grade Finished SqFt2,404 SqFtStories1Lot Size67,954 SqFtStyleResidentialCountyPORTERAPN64-06-27-126-003.000-006

Schools near 792 Merganser Lane

This home is within Duneland School Corporation.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Liberty Elementary School
PublicK to 4

Liberty Intermediate School
Public5 to 6

Chesterton Middle School
Public7 to 8

Chesterton Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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792 Merganser Lane is a 1.56 ac of land for sale in Valparaiso, IN 46385. This property was listed for sale on October 14, 2024 by Century 21 Alliance Group, it's currently listed at $125,000. This listing's school district is Duneland School Corporation. Nearby schools include Liberty Elementary School, Liberty Intermediate School and Chesterton Middle School. 792 Merganser Lane is a 0-bed, 0-bath, 1.56 ac of land on a 67,954 sq. ft. / 1.56 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Alliance Group

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.