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$287,500 Just Listed
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Property Description
RARE opportunity to build your dream home or hobby farm on this beautiful 5 acre homestead located just off the US 231 corridor with fast access to I65 and a quick trip to town, shopping and entertainment. SELDOM do you find 5 acres, let alone an ideal shaped property offering 548' of depth with A1 397' frontage and space for it all. A west-facing rear for sunsets and family recreation and an east-facing front perfect for morning coffee on your future wrap around porch with peaceful countryside views. Served by highly desirable Crown Point schools including Winfield Elementary down the road is recognized as A-rated with strong student achievement scores, while Crown Point High School continues to earn high academic rankings and college prep recognition statewide. Important groundwork has already been completed with a soil test on file and available for download. Preliminary septic approval completed by the local installer who helped develop the area notes the perc test supports a conventional below-grade gravity fed septic system with perimeter drain routed to the NW corner for a 3 bed home with a 1000gal tank. Current preliminaries also support a 4 bed home utilizing a force dosed system with a 1250gal tank, while a 3 bed home with a den does not require that. Per county requirements, 5+ bed homes require a mound system. Consultations available during inspection due diligence with estimated 2026 septic pricing starting around 18k for 3 bed, 25k for 4 bed, and 34-39k for mound systems. Older recorded covenants exist on file, however no enforcement has been identified over the years and surrounding homes appear consistent with Lake County Planning guidelines. No active architectural control committee has been located since the early 2000's development. Building department can assist with code and requirement questions. Plenty of room for outbuildings, gardens, animals, and outdoor entertaining. Bring your vision, opportunities like this are fading fast!
Full Property Details
Full Property Details for 14578 Montgomery St
General
- Price: $287,500
- Taxes: $1,282 (2025)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 841657
- Updated: 7/2/2026
- Added to Site: 1 day(s) ago
Location
- County: Lake
- Township: Winfield
- Subdivision: D & N Gibbs Estates
- Driving Directions: I-65 S exit 247 and US-231 East to Montgomery St. North to the Lot on the West side of the road
School Information
- High School District: Crown Point
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Features: Other
Financial Considerations
- Tax Amount: $1,282
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: D & N GIBBS ESTATES LOT 7 548x397
- Property ID: 451732326005000044
Listed by SCHUPP Real Estate
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Schools
Schools serving 14578 Montgomery St
School District:Crown Point Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Winfield Elementary School 13128 Montgomery Street, Crown Point, IN 46307 | K-5 | 1.7 mi |
Robert Taft Middle School 1000 South Main Street, Crown Point, IN 46307 | 6-8 | 6.7 mi |
Crown Point High School 1500 South Main Street, Crown Point, IN 46307 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14578 Montgomery St
Date
Details
Price
Change
Source
7/02/2026
Listed
$287,500
43.75%
MLS
8/27/2025
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14578 Montgomery St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,078
-15%
$78,000
-79%
2023
$8,336
495%
$375,000
400%
2022
$1,402
182%
$75,000
156%
2020
$497
-13%
$29,300
30%
2019
$569
—
$22,500
-25%
2019
$569
-5%
$30,000
—
2018
$602
-1%
$30,000
—
2017
$611
-1%
$30,000
—
2016
$615
5%
$30,000
-60%
2015
$583
-65%
$74,600
—
2013
$1,668
1%
$74,600
—
2012
$1,649
—
$74,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14578 Montgomery St
14578 Montgomery Street, Crown Point, IN 46341 (MLS# 841657) is a Lots/Land property with a lot size of 5 acres. 14578 Montgomery Street is currently listed for $287,500 and was received on July 02, 2026. Want to learn more about 14578 Montgomery Street? Do you have questions about finding other Lots/Land real estate for sale in Crown Point? You can browse all Crown Point real estate or contact a Coldwell Banker agent to request more information.

