Cook

Jasper

Kankakee

Newton

Porter

Will

Lake

Explore Lake County, IN plat maps with a 
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Halderman Real Estate Services & Halderman Farm Management 

General Information
Total Acres 186.43  Tillable Acres 177.830
Non-Tillable Acres 7.307  CRP Acres 1.300
Tracts 4
Farm Name KRM Five, LLC/ASM 7, LLC.
HLS Number JAM - 12905
Key Features Farmland, Transitional Potential, Potential building sites
Location Eagle Creek Township, Lake County, IN
                                    Property Information
Type Of Operation Building Site - Development - Farm - Transitional
Current Zoning Agricultural
School System Tri-Creek School Corporation
Annual Taxes $4,282.64
Ditch Assessment $0
Topography Level To Gently Rolling
Property Location
Property Address: E 173Rd Ave, Dinwiddie, IN 46341
General Location Tr. 1: North side of 173rd Avenue on the west side of Interstate 65 Tr. 2: East side of Mississippi Street approximately 1/8 mile south of the intersection of 173rd Ave and Mississippi Street with frontage on 173rd Ave. Tr. 3: East side of Colorado Street approximately 1/3 mile north of 173rd Avenue Tr. 4. East side of Colorado Street approximately 1/4 mile north of 173rd Avenue
Legal Description Tract 1: The west one half of the southeast quarter in Section 14, 
Real Estate Auction Information
Sealed Bid June 20, 2023 @ 1:00 PM ET
Auction Location  Bids must be completed via the purchase agreement i n the bidder's packet and submitted via: EMAIL: juliem@halderman.com OR MAIL OR IN-PERSON: Julie Matthys, Halderman Real Estate 29956 Edison Road, New Carlisle, IN 46552 Deadline for all bids is 12 pm CT / 1 pm ET on June 20, 2023.:
Open Houses
Date June 03, 2023  Time 10:00 AM CT - 12:00 PM CT



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eXp Commercial

EXP Commercial is pleased to present a compelling development opportunity in Northwest Hobart, Indiana, just 39 miles southeast of Chicago, Illinois. This offering encompasses approximately 17.25 acres within The Brickyard of Hidden Lake Subdivision, featuring a mix of 48 platted lots, some boasting coveted lakefront property with access to Hidden Lake. The city of Hobarts Master Plan designates this land for future land use as Mixed Neighborhood Residential, enhancing its development potential.

This prime location presents an exciting opportunity to develop a dynamic residential project. The Mixed Neighborhood Residential areas are defined by low- to medium-density neighborhoods with a mix of compatible uses. These denser neighborhoods are characterized by smaller lot single-family homes, attached housing, and two- to three-flat multifamily buildings. They serve as transitional areas that buffer higher intensity uses such as multifamily, commercial, and light industrial from the traditional suburban residential character. While primarily residential, these areas allow for a variety of other neighborhood-serving uses, promoting livability and fostering social interaction. This future land use designation was established to retain and further emphasize Hobarts naturally occurring mixed neighborhood areas, where a healthy mix of uses often suffuses predominantly traditional single-family residential areas.

Notably, Lot 33 already has approval for a five-unit townhome building, showcasing the potential for a development that caters to a variety of preferences. The infrastructure has not been completed for this offering.

The residential real estate market in Hobart, Indiana, is highly favorable for builders in 2024, with strong demand and consistent growth. The median home price in Hobart has risen to approximately $237,300, reflecting a healthy and active market. The number of homes sold and listed has increased significantly, showcasing robust buyer interest. Hobarts thriving local economy and attractive community features make it an ideal location for new multi-parcel residential developments.

Beyond its convenient location, Hobart itself is experiencing a surge in residential growth, particularly in outlying areas with available land. A variety of industries and professional services drive the citys thriving economy. Steel production and automotive parts manufacturing are particularly strong sectors, with major employers like U.S. Steel Corp. providing stability and a diverse job market for future residents. The area is also home to The Port of Indiana, located in Burns Harbor, offering a variety of industry-type work opportunities alongside established local businesses like A & K Railroad Materials Inc. and Eagle Engineering.

The propertys proximity to Lake Michigan provides a wealth of recreational opportunities. The National Dunes State Park offers 2,182 acres of natural beauty, including over three miles of shoreline with a public beach. Amenities include a pavilion with restrooms and a seasonal snack bar. Beyond the beach, extensive woodlands offer opportunities for camping, hiking, picnicking, horseback riding, and biking along a trail that stretches all the way to Michigan City. Water sports enthusiasts will find nearby marinas offering boat rentals, fishing charters, and hundreds of slips for rent.

Hidden Lake itself reaches depths of 40 feet in some areas, with an average depth of 20 feet, providing ample space for boating and fishing enjoyment right outside residents doorsteps.

Families will appreciate the excellent schools serving the area. Hobart, Indiana, boasts some of Lake Countys finest schools, and Hidden Lake offers its children access to the top-rated institutions, including George Earle Elementary, Hobart Middle School, and the state-of-the-art Hobart High School, which opened in January 2009. All three schools are located within a convenient two-mile radius.

HIghlights
17.25 Acres Residential Development Land
Master-Planned Mixed Neighborhood Residential
Low- to Medium-Density Housing
Lake Frontage Property-Hidden Lake
Thriving Local Economy-US Steel, Port of Indiana
39 Miles Southeast of Chicago
Proximity to Lake Michigan/Dunes State Park
Stong Market Demand-Median home Price: $237,300

Property Website: https://www.creconsult.net/prime-development-opportunity-northwest-hobart-in/

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Lake County, IN Plat Map and Land Analysis | Acres

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    Discover Lake County, Indiana plat maps and property boundaries. 
    Search 239,033 parcel records and views insights like land ownership information, soil maps, and elevation. 
    Acres features 148 sold land records in Lake County with a median price per acre of $16,179.

Lake County, Indiana Plat Map and Land Values | Acres GIS

Lake County, IN Plat Map and Land Values | Acres GIS

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Lake County, Indiana Plat Map and Land Values | Acres GIS

Map

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All Listings

186 acres

17 acres

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acres

Lake County, Indiana Plat Map and Land Values | Acres GIS

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