Listing provided courtesy of Advanced Real Estate, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 836716MLS Provider

1400 Bl. E 31st AvenueHobart, IN 46342

Vacant Land · 5.10 Acres
$98,874 Active

1400 Bl. E 31st Avenue Overview

Time on Site:
82 days
Visits:
1

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.

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1400 Bl. E 31st Avenue Facts & Features

  • Type Vacant Land
  • Lot 5.10 Acres

Details

General

Association/HOA

  • Association: false
  • Common Interest: None

School Information

  • School District: Hobart
  • High School: Hobart High School

Location/Region

  • County Or Parish: Lake
  • Township: Hobart

Community/Development

  • Development Status: Raw Land

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 612.86
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Lease Purchase,Conventional,Contract
  • Parcel Number: 450920151004000016
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: Standard

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Other,Modular Allowed
  • Lot Size Acres: 5.101
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 222199.56
  • Number Of Lots: 1
  • Water Source: Public

Waterfront/View

  • View: Neighborhood,Trees/Woods
  • Waterfront: false

General Information

  • Sewer: None
  • Utilities: Natural Gas Available,Water Available,Sewer Available

1400 Bl. E 31st Avenue 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.

1400 Bl. E 31st Avenue Monthly Cost

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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.

1400 Bl. E 31st Avenue 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

1400 Bl. E 31st Avenue 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