792 Merganser LN Active

Valparaiso,IN 46385

$ 125000

- Bed

- Bath

67954 SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 67,954 sqft

Price per Sqft $1

Subdivision Mallards Landing

MLS Listing ID 811586

Annual Tax Amount $742

Tax Year 2024

Lot Size 1.560 Acres

Acres 1.56

Lot Dimensions Irregular

Property Description

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.

Location

State IN

County Porter

Zoning Rural Residential

Interior

Fireplace N

Exterior

View Y/N true

View true

Building

Lot Description Cleared,Other,Level

Others

HOA Fee Include None

Tax ID 640627126003000006

Acceptable Financing NRA20241011173926044546000000

Listing Terms NRA20241011173926044546000000

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