7701-7707 Taft, Merrillville, IN 46410
7
4|Apartment
INR ₹49,247,718
USD $590,000
Published on: 15 May 2024
Last updated on: 18 Jun 2024
Property ID: 110091977933
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Apartment - Merrillville, IN
7701-7707 Taft, Merrillville, IN 46410
3homes on 9.84acres. Check zoning with town of Merrillville but what I see is C2 in front, so Stripmall or retail in front. Lot goes a quarter mile back so over 1300' feet back. Rear is zoned R5 good for multi-unit not much of a stretch from a PUD which would allow retirement villiage, 200+/- unit apartment complex or condo development. Don't want to develop? well then, resurvey the property, sell 2 of the 3 homes and get your money back then do a market repackage of the rest with a conceptual drawing showing a good size condo development for a quick return on the investment One block away to the north is Brookstone Estates'' phase 1 was built around the year 2000 and is about the same size as this property was originally zoned R5. Brookstone Phase 1 consist of 120 units valued around $165k a piece currently. Now, Brookstone phase 2 is underway and has brand new units starting at $369k per unit. Can you imagine 120+ condo's at $369k a piece? There is money to be made
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Active
Land Size
428,630.77 sq ft
Year Built
1970
Rooms
7 bedroom(s), 4 bathroom(s), 1 basement(s)
Architecture Style
Other
Num Floors
1
County
Lake
Parcel ID
45-12-20-201-001.000-030
Provider
Advanced Real Estate LLC
Subdivision
none
Brokerage Office Name
Advanced Real Estate LLC
Brokerage Office Phone
(219) 746-2693
Address
7701-7707 Taft, Merrillville, IN 46410
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Not available | Not available |
| High | Merrillville High School | Not available |
| Juniorhigh | Not available | Not available |
| Middle | Not available | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $10990 | INR ₹917,343* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither makaan.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. makaan.com recommends that you independently verify any information before relying on it.
Contact Agent
Eric Pace
Contact Agent
Contact Agent
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Eric Pace
1201 N. Main St, Crown Point, IN 46307
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Property ID: 110091977933
Data provided by Advanced Real Estate LLC, MLS #: 803637
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