Listing provided courtesy of Advanced Real Estate, LLCNorthwest Indiana MLSMLS# 836716MLS Provider
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Huge 5.10-acre Hobart land opportunity with R-3 zoning and potential for up to 4 residential units, subject to local approval. This is not a standard small residential lot -- it is a rare larger tract with space, privacy, and development flexibility for a buyer, builder, investor, or long-term hold buyer. Seller's information indicates R-3 zoning, creating potential to explore 1-4 unit residential use and modular/manufactured housing options, subject to zoning, access, utilities, setbacks, drainage, permitting, and all applicable approvals. Convenient Hobart location near E 31st Ave & N Lake Park, with access to schools, parks, shopping, major routes, local amenities, and Northwest Indiana employment corridors while still maintaining a private land setting. Buyer to verify zoning, permitted use, density, modular/manufactured home allowances, utilities, driveway/access requirements, setbacks, drainage, wetlands/floodplain status, soil/septic or sewer requirements, lot dimensions, boundaries, and buildability with the City/County, utility providers, and/or a survey.

Source: Northwest Indiana MLS, MLS#: 836716

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  • Property Type
    Land
  • Lot
    5.10 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1400 Bl. E 31st Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/2/2026Source: Northwest Indiana MLS Price Reduction
$98,874 -17.6%
4/8/2026Source: Northwest Indiana MLS Added to Database
April 08, 2026