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Lot/land
  • $374,000

    440 E Furness Rd, Michigan City, IN 46360

    --beds
    --baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    PRICE REDUCED FOR QUICK SALE Prime Development Opportunity in Michigan City, Indiana – 44 Acres of Land Ready for Investment! Located in the thriving and growing Michigan City, Indiana, this prime real estate offering spans two parcels totaling 44 acres, providing an exceptional opportunity for developers, investors, and builders alike. With its strategic location, this property is poised for single-family residential development, making it a must-see for anyone looking to invest in property in a promising area in Northwest Indiana. Situated just minutes from downtown Michigan City, this parcel offers unparalleled convenience to local amenities, including shopping, dining, schools, and recreational facilities. The property is also close to the scenic shores of Lake Michigan, known for its beautiful beaches, parks, and vibrant tourism industry, making it a perfect location for year-round residents and seasonal visitors. The land is mostly flat with a few lower, rolling areas, which might make it a good location for a pond or water retention. The immediate area has a mix of some older and newer construction rural homes, and that may be what this property is best suited for. A recent soil test was done on the property, and it could be used to approve a residential septic system. Many opportunities can be explored if you're looking to create a rural homestead, hobby farm, or use the land for other agricultural, recreational, or future investment or development potential. The size and layout of the property, in addition to being split into two separate parcels, offer almost limitless potential. Zoning regulations in this area also support a wide range of development types, so it may also be adaptable to your vision. This property benefits from easy access to major roads, including Interstate 94, U.S. Route 20, and U.S. Route 35, ensuring smooth connectivity for future residents and commuters. The location is also just a short drive from the Michigan City Amtrak station, providing convenient rail access to Chicago and other major cities, further increasing the property's appeal to developers and future owners. One of the most attractive features of this land is its proximity to the emerging growth corridor in Michigan City. The area has seen an increase in residential and commercial developments, making this property an ideal investment opportunity for those looking to capitalize on the area's ongoing expansion. The nearby Indiana Dunes National Park also enhances the appeal, attracting outdoor enthusiasts and tourists alike, which presents a unique opportunity for mixed-use or hospitality development.Utilities, including water, sewer, and electricity, are available nearby, reducing the cost and complexity of infrastructure installation. The land is also relatively flat, making it an easy site for construction. At the same time, its combination of open space and natural beauty provides a setting that can be seamlessly integrated into the surrounding environment. This 44-acre offering presents a rare and valuable investment opportunity in a rapidly developing region. Whether you are looking to build a modern residential community, expand the area's commercial footprint, or create a mixed-use development to meet the growing demand for housing and amenities, this property is the perfect canvas to bring your vision to life. Don't miss out on this exceptional opportunity to secure a prime piece of real estate in Michigan City, Indiana. Contact us today for more information and to schedule a viewing of this highly sought-after property.
    335 days
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    112
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    4
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    Zillow last checked: 9 hours ago

    Listed by:

    Rob Styka,

    Whitetail Properties

    Source: Whitetail Properties,MLS#: 95720

    Facts & features

    Interior

    Features
    • Has basement: Yes
    • Has fireplace: No

    Property

    Details
    • Parcel number: 640415300013000009

    Community & HOA

    Location
    • Region: Michigan City

    Financial & listing details

    • Tax assessed value: $59,700
    • Annual tax amount: $1,060
    • Date on market: 3/4/2025
    • Lease term: Contact For Details

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,120/mo

    Price history

    Price history
    DateEventPrice
    3/8/2025Price change$374,000-6.5%
    Source: Whitetail Properties #95720 Report a problem
    3/4/2025Price change$399,900-11.1%
    Source: Whitetail Properties #95720 Report a problem
    11/7/2024Price change$450,000-11.1%
    Source: NIRA #804022 Report a problem
    9/4/2024Price change$506,000-17.9%
    Source: NIRA #804022 Report a problem
    5/21/2024Price change$616,000+38.5%
    Source: NIRA #804022 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 46360

    Nearby schools

    GreatSchools rating

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