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Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 836593MLS Provider

3700 MontgomeryHobart, IN 46342

Vacant Land · 1.00 Acres
$499,999 Active

3700 Montgomery Overview

Time on Site:
84 days
Visits:
1

High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.

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3700 Montgomery Facts & Features

  • Type Vacant Land
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association: false
  • Common Interest: None

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Ridgewood Add
  • Township: Hobart

Community/Development

  • Development Status: Finished Lot(s),See Remarks

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 2080
  • Tax Assessed Value: 62800
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Contract
  • Parcel Number: 450826204006000018
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: None

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Additional Parcels: true
  • Lot Features: Corner Lot,Rectangular Lot
  • Lot Size Acres: 1
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 43560
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Cable Available,Water Available,Sewer Available,Natural Gas Available,Electricity Available

3700 Montgomery Neighborhood

Community

46342 (HOBART) Demographics

39
Median Age
873
Population Density (per sq. mile)
33%
College Educated
$64,279
Estimated Median Income
9,396
Estimated Total Home Owners
2,586
Estimated Total Renters
78% / 22%
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.

3700 Montgomery 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.

3700 Montgomery Market Data

Based on the last 30 days in this zip code

$298,301
Average List Price
$167
Average Price per Square Foot
36
Properties Sold
65
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

3700 Montgomery History

Date Event Value Agent
4/6/2026Source: Northwest Indiana MLS Added to Database
April 06, 2026