This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$299,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
PATRINOS SUBDIVISION! A rare opportunity to purchase five newly created residential lots in Griffith, Indiana! Each lot is nearly half an acre, offering an excellent opportunity for a builder, investor, or small developer to construct five new homes in an established community. Located within an R-2 zoning district, the current minimum home-size requirements include: One-Story Homes: 1,200 finished square feet Two-Story Homes: 1,800 finished square feet, with a minimum 1,000-square-foot first floor Bi-Level or Tri-Level Homes: 1,600 finished square feet, with a minimum 1,000-square-foot first floor The property is currently located at 1001 E. 40th Place in Griffith and provides a unique chance to secure an entire five-lot subdivision in one purchase. Bring your plans, assemble your team, and take advantage of this hard-to-find development opportunity! Contact an agent today for additional information, subdivision documents, and showing instructions. Buyers and their agents should independently verify zoning, building requirements, utilities, permits, and all intended uses.
Full Property Details
Full Property Details for 1001 E 40th Pl
General
- Price: $299,900
- Taxes: $1,192 (2025)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 843228
- Updated: 8/1/2026
- Added to Site: Today
Location
- County: Lake
- Township: North
- Subdivision: Patrionos
- Driving Directions: From Ridge Rd go south on Colfax to 40th and it's the South West Corner.
School Information
- High School District: Griffith
Lot Features
- Lot Size (Acres): 2.07
- Lot Size (Sq. Ft.): 90,169.2
- Lot Features: Back Yard, Rectangular Lot, Front Yard
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,192.88
- Tax Year: 2025
- Terms: Cash, FHA
Disclosures and Reports
- Legal Description: TBD
- Property ID: 450726281005000006
Listed by McColly Real Estate
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1001 E 40th Pl
School District:Griffith Public Schools
| Name | Grades | Distance |
|---|---|---|
Elsie Wadsworth Elementary School 600 North Jay Avenue, Griffith, IN 46319 | K-2 | 1 mi |
Beiriger Elementary School 601 North Lillian Street, Griffith, IN 46319 | 3-5 | 1.7 mi |
Griffith Senior High School 600 North Wiggs Street, Griffith, IN 46319 | 6-12 | 1.5 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 1001 E 40th Pl
Date
Details
Price
Change
Source
8/01/2026
Listed
$299,900
899.67%
MLS
1/15/2019
Sold
$30,000
—
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 1001 E 40th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,399
-12%
$49,700
2%
2023
$1,592
-51%
$48,600
—
2022
$3,263
59%
$48,600
-27%
2020
$2,056
-18%
$66,200
-14%
2019
$2,497
—
$76,800
16%
2019
$2,497
38%
$66,200
15%
2018
$1,810
62%
$57,600
45%
2017
$1,115
-7%
$39,600
—
2016
$1,197
8%
$39,600
—
2015
$1,112
-28%
$39,600
—
2013
$1,534
2%
$39,600
3%
2012
$1,501
—
$38,600
—
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 1001 E 40th Pl
1001 E 40th Place, Griffith, IN 46319 (MLS# 843228) is a Lots/Land property with a lot size of 2.07 acres. 1001 E 40th Place is currently listed for $299,900 and was received on August 01, 2026. Want to learn more about 1001 E 40th Place? Do you have questions about finding other Lots/Land real estate for sale in Griffith? You can browse all Griffith real estate or contact a Coldwell Banker agent to request more information.

