16321 Colorado St

Hebron, IN 46341

$694,700
Price
3
Beds
2,503 Sq. Ft.
$278 / Sq. Ft.
2,503
Sq. Ft.
$278
per Sq. Ft.
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Description

Boasting 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living w/o sacrificing convenience. Currently a private equestrian farm, the property features fenced pastures, a hayfield, pole barn, prof. installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail thru open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive...Boasting 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living w/o sacrificing convenience. Currently a private equestrian farm, the property features fenced pastures, a hayfield, pole barn, prof. installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail thru open & wooded areas around the property. Beyond the noteworthy acreage and equestrian amenities, the property offers a lifestyle that is increasingly difficult to find. Gently rolling expansive fields, gardens, and recreational spaces create a setting that feels both peaceful and vibrant. Whether enjoying a morning ride, an evening walk along the wooded trail, gathering with friends on the deck, cutting wildflowers, hosting ATV races and hayrides, or simply taking in the views, this property offers endless year-round outdoor connection. Even still, the storybook front porch will draw new owners inside through the charming entry, into a cottage that feels both cozy and unexpectedly spacious. Vaulted beamed ceilings, a spectacular stone hearth, and wood-burning fireplace create warmth and character that are also enjoyed from the open dining area and onward to the expansive partially covered deck overlooking the gardens, outdoor ring, gently rolling pastures, hayfield & partially wooded acreage beyond. Back inside, the thoughtful split floorplan places the primary suite adjacent the kitchen & laundry rm, while 2 additional bedrooms & full bath are situated on the opposite side of the home. Addt'l opportunity awaits in the LL partially finished 1428sf walkout basement & 3/4 bath. At the heart of the property, the home serves as a welcoming centerpiece while the surrounding acreage offers endless potential - whether with livestock, hobby farming, recreation, gardening, multi-gen living, or just enjoying the peace. Given the opportunity to escape to this life while enjoying proximity to all of life's necessities, new owners will gain far more than real estate.
  1. Listed by Jennifer Johns • McColly Real Estate
    P: (219)-742-3005 C: (219)-742-3005 jen.johns@mccolly.com

Property Details for 16321 Colorado Street

Zoning
residential
Subdivision
Eagle Creek
Garage # of Cars
4
OriginalListPrice
$749,900.00
NRA_DelayedMarketingYN
No
NRA_ExemptionYN
Yes
SpecialListingConditions
None
NRA_AuctionYN
No
LISTING UPDATED: 07/06/2026 02:04 PM

Property Details for 16321 Colorado Street

StatusActive
MLS #840238
Days on Market38
Taxes$4,205 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / 1 Story / Detached Single
Year Built1993
Lot Size21.91 AC / 954,399 SF
CountyLake County
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Location

Listing Courtesy of McColly Real Estate
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Building Information for 16321 Colorado Street

Stories-Year Built1993Building Size-Lot Size21.91 AC / 954,399 SF

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$3,812 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,462

Property Taxes

$350

HOA Dues

$0

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Property Information for 16321 Colorado Street

Summary
Location and General Information
  • Directions: Colorado Street runs North /South - 16321 Colorado Street is on the West side of the street. The Sentrilock is on the gate. The gate is to remain closed and no one is to enter or remain without their agent.
  • City/Town: Hebron
  • State: IN
  • Township: Eagle Creek
  • ZIP: 46341
  • Latitude: 41.32
  • Longitude: -87.30
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $4,205.00
  • APN/Key #: 452012300006000012
  • Tax Year: 2025
  • Association Fee Frequency: Not Applicable
  • Tax Legal Description: N.367.54FT OF S.1322.13FT OF W.915FT OF SW1/4 S.12 T.33 R.8 7.72AC and N.468.92FT OF S.1322.13FT OF W.2038.71FT OF SW1/4 S.12 T.33 R.8 14.19AC
School Information
  • School District: Tri-Creek
Parking
  • Garage Description: Detached, Oversized, Gravel, Driveway, Additional Parking, Other, Garage Door Opener
Property
Lot Information
  • Lot Square Footage: 954,399.60
  • Square Footage: 2503.0
  • Square Footage Source: Assessor
  • Acres: 21.91
  • LotSizeSource: Survey
  • WaterfrontYN: No
  • AboveGradeFinishedArea: 1428.0
  • BelowGradeUnfinishedArea: 353.0
  • View: Meadow, Trees/Woods, Rural, Pond, Other
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1993
  • Lot Description: Back Yard, Horses Allowed, Wooded, Rectangular Lot, Private, Near Public Transit, Other, Landscaped, Front Yard
  • Design: Ranch
  • Potential Use: Horses
  • AdditionalParcelsYN: Yes
  • NewConstructionYN: No
  • GarageYN: Yes
  • AssociationYN: No
  • PropertyAttachedYN: No
  • HabitableResidenceYN: Yes
Utilities
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • WaterSource: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit, Storage, Rain Gutters, Private Yard, Other
  • Out Buildings: Barn(s), Storage, Garage(s)
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Fencing: Chain Link, Fenced
  • PatioAndPorchFeatures: Covered, Rear Porch, Porch, Patio, Other, Front Porch, Deck
  • PoolFeatures: None
  • WindowFeatures: Blinds, Insulated Windows
Interior Features
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Electric Range, Dishwasher
  • Basement Type: Full, Walk-Out Access, Unfinished, Storage Space, Sump Pump, Partially Finished, Interior Entry
  • Basement: Yes
  • Total Full Baths: 2
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 1
  • Total Baths: 3
  • Bedrooms: 3
  • Basement Sq Ft: 1075.0
  • Cooling: Central Air, Ceiling Fan(s)
  • Total # Fireplaces: 1
  • Flooring: Hardwood, Tile, Other
  • Heat Type: Forced Air
  • Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Soaking Tub, Recessed Lighting, Open Floorplan, In-Law Floorplan, High Ceilings
  • Roof: Asphalt
  • Total # of Rooms: 11
  • FireplaceYN: Yes
  • FireplaceFeatures: Family Room, Wood Burning
  • LaundryFeatures: Main Level
Room 1
  • Room Description: Lovely welcoming space with hardwood floors, wood burning fireplace with stone hearth, beamed ceiling, open to dining and kitchen areas.
  • Room Dimensions: 16.9 x 17.0
  • Room Type: Family Room
Room 2
  • Room Description: Spectacular view through sliding door that leads to the phenomenal rear deck. Also open to family room and kitchen with hardwood floors, wood burning fireplace with stone hearth, beamed ceiling.
  • Room Dimensions: 10.3 x 13.1
  • Room Type: Dining Room
Room 3
  • Room Description: Open to dining area, hardwood floors, leads to laundry room.
  • Room Dimensions: 12.2 x 9.8
  • Room Type: Kitchen
Room 4
  • Room Description: Hardwood floors and door that leads to large side deck and garage. Washer & dryer included.
  • Room Dimensions: 8.3 x 6.2
  • Room Type: Laundry
Room 5
  • Room Description: Vaulted ceiling, expansive view to the front of the property, Italian slate flooring, closet with barn door, linen closet & beautifully renovated, spa-like ensuite bath. The primary bedroom has an estimated total 212sf. The room measurements shown exclude the 5'9"x6' bedroom entry that also features a linen closet.
  • Room Dimensions: 13.2 x 13.6
  • Room Type: Primary Bedroom
Room 6
  • Room Description: Bedrooms 2 & 3 have hardwood flooring and are situated on the right side of the split floorplan, adjacent to the 2nd main level renovated full bath.
  • Room Dimensions: 10.9 x 12.3
  • Room Type: Bedroom 2
Room 7
  • Room Description: From the window seat of the 3rd main level generously sized bedroom is a lovely front property and pasture view. Bedroom 3 also features 2 closets. Bedrooms 2 & 3 have hardwood flooring and are situated on the right side of the split floorplan, adjacent to the 2nd main level renovated full bath.
  • Room Dimensions: 13.3 x 11.9
  • Room Type: Bedroom 3
Room 8
  • Room Description: As seen in the photos, the partially finished lower level bonus space is open but can be defined as 2 living spaces. These measurements indicate that separation. Aside from an additional 2 smaller rooms, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space. The lower level offers endless potential, including related living space, workout & office space, recreation, game, and family room space, as well as the addition of 4th & 5th bedrooms.
  • Room Dimensions: 32.0 x 12.7
  • Room Type: Bonus Room
Room 9
  • Room Description: As seen in the photos, the partially finished lower level bonus space is open but can be defined as 2 living spaces. These measurements indicate that separation. Aside from an additional 2 smaller rooms, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space. The lower level offers endless potential, including related living space, workout & office space, recreation, game, and family room space, as well as the addition of 4th & 5th bedrooms.
  • Room Dimensions: 12.0 x 16.8
  • Room Type: Bonus Room
Room 10
  • Room Description: These smaller rooms in the lower level have closets and offer tremendous flexibility as potential office, work out, storage, or - with egress - 4th/ 5th bedrooms. Aside from the larger bonus spaces, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space.
  • Room Dimensions: 9.2 x 10.1
  • Room Type: Other
Room 11
  • Room Description: These smaller rooms in the lower level have closets and offer tremendous flexibility as potential office, work out, storage, or - with egress - 4th/ 5th bedrooms. Aside from the larger bonus spaces, additional closets, and storage, the lower level also has is a 3rd bathroom with shower. All of this with exterior access through the door that is pictured at the far end of the bonus space.
  • Room Dimensions: 13.1 x 10.1
  • Room Type: Other

Property History for 16321 Colorado Street

DateEvent & SourcePriceAppreciation
Jul 6, 2026

Price Change

MRED #12668677

$694,700—
Jun 25, 2026

Price Change

Northwest Indiana REALTORS® Association #840238

$694,700—
Jun 10, 2026

Listed (Active)

MRED #12668677

$749,900—
DateEvent & SourcePrice
07/06/2026

Price Change

MRED #12668677

$694,700
06/25/2026

Price Change

Northwest Indiana REALTORS® Association #840238

$694,700
06/10/2026

Listed (Active)

MRED #12668677

$749,900

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

Public Records for 16321 Colorado Street

Taxable ValueLand$145,600Additions$254,200Total$399,800
Tax Record2024$3,692 ($308 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,428 SqFtAbove Grade Finished SqFt1,428 SqFtStories1Lot Size336,283 SqFtStyleSingle Family ResidenceYear Built1993CountyLAKEAPN45-20-12-300-006.000-012

Schools near 16321 Colorado Street

This home is within Tri-Creek School Corporation.
Rating
School
Type
Grades
Distance
Three Creeks Elementary School
Public - K to 4
Lowell Middle School
Public - 7 to 8
Lowell Senior High School
Public - 9 to 12
Oak Hill Elementary School
Public - K to 4
Rating
School
Distance
Three Creeks Elementary School
PublicK to 4

Lowell Middle School
Public7 to 8

Lowell Senior High School
Public9 to 12

Oak Hill Elementary School
PublicK to 4

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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More information about 16321 Colorado Street, Hebron, IN 46341

16321 Colorado Street is a single family home for sale in Hebron, IN 46341. This property was listed for sale on June 5, 2026 by McColly Real Estate, it's currently listed at $694,700. It has been on the market for a total of 38 days and was last sold on November 22, 2019. This listing's school district is Tri-Creek School Corporation. Nearby schools include Three Creeks Elementary School, Lowell Middle School and Lowell Senior High School. 16321 Colorado Street is a 3-bed, 3-bath, 2,503 sqft single family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McColly Real Estate

Based on information submitted to the MLS GRID as of 07/06/2026 02:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.