54 Townhome Lots – Shovel Ready – Merrillville Indiana
Property Facts
- Listing Number
- CS257654
- Property Type
- Development Property
- Location
- Merrillville, Indiana, Lake
- Acres
- 1.53
- Units
- 0
- Price
- 490000
- Market
- North
- Broker
- Craig Stevenson
- Status
- Active
Property Description Comments
Property Details
Land Features
Shovel-ready lots – Construction can begin immediately
Engineered plans approved – All lots have pre-approved site engineering
Zoned for townhomes – Residential zoning for multi-family development
Infrastructure in place – Roads, curbs, and utilities are already installed
Located in Regency Park subdivision – An established residential community
Last 54 lots of a 258-lot development – Final phase of a successful neighborhood
Level topography – Easy site preparation and uniform construction potential
Municipal water and sewer connections available
Electric and gas utilities accessible on-site
Values and Attributes
Turnkey development opportunity – Minimal lead time to start construction
Fully entitled and approved – Eliminates delays in permitting or engineering
Fast speed to market – Accelerate timelines for construction and sales
Suitable for builders and investors – Ideal for small to mid-size development groups
Flexible purchase terms – Seller will consider all reasonable offers
Owner financing available – Attractive terms for qualified buyers
Located in a high-demand residential area – Strong buyer/renter interest
Built-in value – Situated in an already developed and occupied neighborhood
Prime location – Easy access to major highways, shopping, and regional employers
Reduced development risk – Due to approved plans and completed infrastructure
Legal Description and Taxes
Lake County – Ross Township
359 East 59th Place
Merrillville, IN 46410
Parcel #: 45-12-03-380-003.000-030, 45-12-03-380-002.000-030, 45-12-03-379-004.000-030, 45-12-03-379-003.000-030, 45-12-03-380-001.000-030, 45-12-03-379-001.000-030, 45-12-03-378-002.000-030, 45-12-03-378-001.000-030
Directions
Broker Contact
Managing Broker | Email: craig@edgeswein.com | Mobile: (574) 870 – 4383
