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Listing provided courtesy of McColly Real EstateMREDas Distributed by MLSGrid- MLS# 12668677MLS Provider

16321 Colorado StreetHebron, IN 46341

Single Family · 3 Beds · 3 Full Baths · 2,856 Sq. ft. | 21.91 Acres
$749,900 Active

16321 Colorado Street Overview

Time on Site:
19 days
Visits:
0

Boasting 21+ picturesque acres, this remarkable property offers a rare opportunity to enjoy country living without sacrificing convenience. Currently a private equestrian farm, the property features fenced pastures, a hayfield, pole barn, professionally installed outdoor ring, wash rack, round pen, and scenic 1-mi. trail through 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 room, while 2 additional bedrooms & full bath are situated on the opposite side of the home. Additional opportunity awaits in the lower level 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-generational 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.

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16321 Colorado Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,856
  • Price/Sq.ft. $263
  • Lot 21.91 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

Building Information

  • New Construction: No
  • Year Built: 1993

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Indiana - Hebron
  • Township: Eagle Creek

Community/Development

  • Community Features: Horse-Riding Area, Horse-Riding Trails, Other

Tax Information

  • Tax Annual Amount: $4,205.00
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 452012300006000012
  • Possible Use: Horses
  • Property Type: Residential
  • Special Listing Conditions: Home Warranty

Interior

Building Information

  • Approx. Total Finished SqFt.: 2503
  • Basement SqFt.: 1428
  • Disability Access: No
  • Total SqFt.: 1428
  • Unfinished Basement SqFt.: 353

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Below Grade Finished Area: 1075
  • Fireplace Location: Family Room

General Information

  • Basement: Partially Finished, Full
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Hardwood
  • Heating: Natural Gas, Forced Air
  • Interior Features: Vaulted Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Beamed Ceilings, Open Floorplan
  • Laundry Features: Main Level
  • Living Area: 2856
  • Living Area Source: Assessor
  • Rooms Total: 8
  • Window Features: Window Treatments

Exterior

Parking Information

  • Parking Features: Gravel, Garage Door Opener, Garage, Yes, Detached
  • Parking Total: 4

Lot Information

  • Additional Parcels: Yes
  • Lot Features: Wooded, Mature Trees, Garden, Pasture, Views
  • Lot Size Acres: 21.91
  • Lot Size Dimensions: 468x2038
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Exterior Features: Fire Pit, Other
  • Other Structures: Barn(s),Gazebo,Arena,Outdoor Riding Ring,See Remarks
  • Sewer: Septic Tank

Room Information

Room: Bonus Room

  • Level: Basement
  • Dimensions: 12X17

Room: Office

  • Level: Basement
  • Dimensions: 13X10

Room: Other Room

  • Level: Basement
  • Dimensions: 9X10

Room: Bedroom 2

  • Level: Main
  • Dimensions: 11X12

Room: Bedroom 3

  • Level: Main
  • Dimensions: 13X12

Room: Dining Room

  • Level: Main
  • Dimensions: 10X13

Room: Family Room

  • Level: Main
  • Dimensions: 16X17

Room: Kitchen

  • Level: Main
  • Dimensions: 12X9

Room: Laundry

  • Level: Main
  • Dimensions: 8X6

Room: Master Bedroom

  • Level: Main
  • Dimensions: 13X13

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Living Room

  • Level: N/A

16321 Colorado Street Neighborhood

Community

46341 (Hebron) Demographics

42
Median Age
114
Population Density (per sq. mile)
25%
College Educated
$75,741
Estimated Median Income
3,271
Estimated Total Home Owners
559
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16321 Colorado Street Monthly Cost

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$
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Corinne Guerra
* 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.

16321 Colorado Street Market Data

Based on the last 30 days in this zip code

$368,537
Average List Price
$198
Average Price per Square Foot
6
Properties Sold
53
Average Days on Market
40
Properties for Sale
Calculations provided by Reliance Network

16321 Colorado Street History

Date Event Value Agent
6/25/2026Source: Northwest Indiana MLS Price Reduction
$694,700 -7.4%
6/15/2026Source: MRED Status Change
Active
6/10/2026Source: MRED Added to Database
June 10, 2026
6/5/2026Source: Northwest Indiana MLS Added to Database
June 05, 2026