5601 East 61st Avenue

Hobart, IN 46342

$1,945,000
Price
1,246,687 / 28.62
Lot Size / Acres

Description

You don't want to miss this development opportunity on nearly 30 acres in a high traffic area in Hobart Indiana! This prime opportunity has a great location near St Mary Medical Center, Chicago Health & Fitness, Indian Ridge Golf Course and River Point Country Club on 61st at Lake Park. This land neighbors newly developing subdivisions Eagle Creek and Barrington Ridge and will service the Hobart School district, is located close to shopping and has easy access to interstates and highways. The land...You don't want to miss this development opportunity on nearly 30 acres in a high traffic area in Hobart Indiana! This prime opportunity has a great location near St Mary Medical Center, Chicago Health & Fitness, Indian Ridge Golf Course and River Point Country Club on 61st at Lake Park. This land neighbors newly developing subdivisions Eagle Creek and Barrington Ridge and will service the Hobart School district, is located close to shopping and has easy access to interstates and highways. The land is currently zoned as R-1 for single family residences, community services and open space plans currently permitted. Land can easily be rezoned as B (Business) or OS (Office Service) for commercial development with site plan approval and other filings. Bring your concept plan for limitless possibilities. The city of Hobart is a beautiful Lake County town that is home to nearly 40,0000 people, Lake George which feeds Deep River and is known as the city that's home. Come see the potential!
  1. Listed by Brandy Bell • Baird & Warner
  2. Listed by Wesley Jonberg • Baird & Warner

Property Details for 5601 East 61st Avenue

Area
Indiana - Hobart
Township
Hobart
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
None
Zoning
SINGL

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 12/26/2023 01:00 PM

Property Details for 5601 East 61st Avenue

StatusActive
MLS #11199987
Days on Market1093
Taxes$820 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land
Year Built-
Lot Size28.62 AC
CountyLake County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 5601 East 61st Avenue

Lot Size28.62 AC

Payment Calculator

$10,683 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,615

Property Taxes

$68

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5601 East 61st Avenue

General Information
Location and General Information
  • Frontage Length: 840
  • Frontage Type: City Street
Property Information
Interior Features
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: Yes
Utilities / Equipment
  • Utilities: None
Property/Lot Information
  • Lot Size: 25.0-99.99 Acres
  • Lot Dimensions: 270X4617
  • Approx Land Sq Footage: 1,246,687
  • Buildings on Land: No
  • Waterfront: No
  • General Information: School Bus Service,Interstate Access
Property and Assessments
  • Possible Use: Commercial, Industrial, Office and Research, Zoning Change Required
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Documents Available: Existing Survey
  • Public Document Count: 0
  • Photos Count: 7
  • OpenHouse Count: 0
Miscellaneous
  • Location: Mixed Use Area
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 5601 East 61st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5601 East 61st Avenue

Taxable ValueLand$3,400Additions-Total$3,400
Tax Record2022$65 ($5 / month)
Home Facts
Lot Size118,483 SqFtStyleAgricultural / RuralYear Built1920CountyLAKEAPN45-13-06-451-002.000-018

Schools near 5601 East 61st Avenue

This home is within School City Of Hobart.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Joan Martin Elementary School
PublicK to 6

Hobart Middle School
Public6 to 8

Hobart High School
Public9 to 12

Liberty Elementary School
Public1 to 5

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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5601 East 61st Avenue is a 28.62 ac of land for sale in Hobart, IN 46342. This property was listed for sale on August 25, 2021 by Baird & Warner, it's currently listed at $1,945,000. This listing's school district is School City Of Hobart. Nearby schools include Joan Martin Elementary School, Hobart Middle School and Hobart High School. 5601 East 61st Avenue is a 0-bed, 0-bath, 28.62 ac of land on a 1,246,687 sq. ft. / 28.62 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.