792 Merganser Lane
Valparaiso, IN 46385
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
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.
Last checked:
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Last updated Mar 12, 2025
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MLS# 811586 —
Financial & Terms
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Lease Considered:false
Location
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Directions:On the South side of US Highway 6 between 200 West and 125 West
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Latitude:41.549277
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Longitude:-87.099773
The Property
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Parcel Number:640627126003000006
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Property Subtype:Unimproved Land
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Lot Features:Other
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Lot Size Acres:1.56
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Lot Size Square Feet:67954
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Lot Size Dimensions:Irregular
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Lot Size Source:Assessor
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Zoning Description:Rural Residential
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Frontage Length:200'
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Fencing:None
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Waterfront:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (219) 405-8596
- Office phone:
- (219) 309-5102
Taxes
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Tax Year:2024
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Tax Annual Amount:742.8
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Tax Legal Description:MALLARDS LANDING UNIT 3 LOT 49
Utilities
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Utilities:Cable Connected, Water Available, Water Connected, Natural Gas Connected, Electricity Connected
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Electric:200+ Amp Service
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Water Source:Well
The Community
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Subdivision Name:Mallards Landing
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Community Features:None
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Association:true
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Association Amenities:None
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Association Fee Includes:None
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Association Fee Frequency:Monthly
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Development Status:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/14/24
Oct 14, 2024
|
Listed / Active | NIRA | $125,000 |
