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$84,950 Just Listed
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Property Description
81 Morena Terrace - Build your dream home in the prestigious Falling Waters subdivision in Crown Point, Porter County, IN! This gated community features scenic lakes, fountains, a lakeside gazebo, playground, picnic areas, pond boat entry, and beautiful custom homes. This 0.51 acre wooded cul-de-sac lot is conveniently located on a scenic setting just feet from Lake Wrencan. Located in Crown Point within the sought-after Porter school district, this lot combines natural beauty with modern convenience - only minutes from both Porter and Lake County amenities and a short drive to Chicago. Beyond the gates, Crown Point delivers a vibrant community lifestyle centered around its historic Downtown Square and Bulldog Park. Residents enjoy a full calendar of annual events, including the Summer Corn Roast, Taste of Crown Point, the Summer Concert Series, and the Fourth of July Parade and Fireworks. Seasonal activities continue throughout the year with ice skating, a Santa Parade, a New Year's Eve Ball Drop, and rotating festivals and markets that bring the community together. The HOA fee includes trash pickup, road maintenance, security gates, and snow removal of common streets.
Full Property Details
Full Property Details for 81 Morena Terrace
General
- Price: $84,950
- HOA FEE: $1,050
- Taxes: $1,478 (2025)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 844754
- Updated: 9/3/2026
- Added to Site: 3 day(s) ago
Location
- County: Porter
- Township: Porter
- Subdivision: Falling Waters
- Driving Directions: 109th to Levanno(Falling Waters entrance), North to Morena Ter. Right on Morena to property on left.
School Information
- High School District: Porter Township
Community
- Association: Yes
- Assoc. Fees Include: Trash, Other
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,216
- Lot Features: Cul-De-Sac, Wooded, Other, Few Trees
- Zoning: Residential
Financial Considerations
- Association Fee: $1,050
- Tax Amount: $1,478
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: FALLING WATERS LOT 225 .51A
- Property ID: 641103407002000018
Listed by Weichert Realtors - Shoreline
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Schools
Schools serving 81 Morena Terrace
School District:Porter Township School Corporation
| Name | Grades | Distance |
|---|---|---|
Porter Lakes Elementary School 208 S 725 W, Hebron, IN 46341 | PK-3 | 1.4 mi |
Boone Grove Elementary School 325 W 550 S, Boone Grove, IN 46302 | 4-5 | 6.2 mi |
Boone Grove Middle School 325 W 550 S, Boone Grove, IN 46302 | 6-8 | 6.2 mi |
Boone Grove High School 260 South 500 West, Valparaiso, IN 46385 | 9-12 | 2.9 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 81 Morena Terrace
Date
Details
Price
Change
Source
9/03/2026
Listed
$84,950
—
MLS
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 81 Morena Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,495
1%
$88,600
6%
2024
$1,479
-1%
$83,600
—
2023
$1,494
49%
$83,600
72%
2022
$1,006
2%
$48,500
—
2021
$982
14%
$48,500
10%
2020
$865
-5%
$44,100
—
2019
$907
—
$44,100
—
2018
$903
3%
$44,100
—
2017
$873
—
$44,100
51%
2017
$873
40%
$29,300
—
2016
$625
-77%
$29,300
-2%
2015
$2,745
62%
$30,000
-68%
2013
$1,699
—
$94,600
—
2012
$1,699
—
$94,600
—
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 81 Morena Terrace
81 Morena Terrace, Crown Point, IN 46307 (MLS# 844754) is a Lots/Land property with a lot size of 0.51 acres. 81 Morena Terrace is currently listed for $84,950 and was received on September 03, 2026. Want to learn more about 81 Morena Terrace? 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.

