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$98,874
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Property Description
Rare opportunity to purchase approximately 5.10 acres in the Hobart area offering outstanding privacy, flexibility, and long-term potential. Large residential tracts of this size are becoming increasingly difficult to find in Northwest Indiana. Whether you're looking to build a private estate with room to spread out, create a family compound, invest for the future, or explore development possibilities, this property offers exceptional potential. Utilities are believed to be available nearby along E. 31st Avenue, with convenient access to schools, shopping, restaurants, major highways, and Northwest Indiana employment centers while maintaining a secluded setting. The parcel is believed to be located in unincorporated Lake County near Hobart. Buyers should independently verify zoning classification, permitted uses, subdivision potential, utilities, wetlands, floodplain status, access, drainage requirements, setbacks, buildability, and all governmental approvals with Lake County and applicable agencies. This is an excellent opportunity for builders, investors, or buyers seeking acreage that is increasingly difficult to find in today's market.
Full Property Details
Full Property Details for 1400 Bl E 31st Ave
General
- Price: $98,874
- Taxes: $612 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 836716
- Updated: 7/7/2026
- Added to Site: 114 day(s) ago
Location
- County: Lake
- Township: Hobart
- Driving Directions: East of corner of N. Lake Park Ave and west of 1413 E. 31ST Ave . North of 3221 N. Lake Park Ave and south of 3201 N. Lake Park Ave.
School Information
- High School District: Hobart
Lot Features
- Lot Size (Acres): 5.101
- Lot Size (Sq. Ft.): 222,199.56
- Lot Features: Other, Modular Allowed
- Zoning: Residential
Financial Considerations
- Tax Amount: $612.86
- Tax Year: 2024
- Terms: Cash, Lease Purchase, Conventional, Contract
Disclosures and Reports
- Legal Description: PT W1/2 SW1/4 NW1/4 S.20 T.36 R.7 5.101AC
- Property ID: 450920151004000016
Listed by Advanced Real Estate, LLC
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Price & Sales History for 1400 Bl E 31st Ave
Date
Details
Price
Change
Source
6/02/2026
Price Reduced
$98,874
-17.6%
MLS
4/08/2026
Listed
$120,000
—
MLS
Disclaimer: Historical sales 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 1400 Bl E 31st Ave
1400 Bl. E 31st Avenue, Hobart, IN 46342 (MLS# 836716) is a Lots/Land property with a lot size of 5.101 acres. 1400 Bl. E 31st Avenue is currently listed for $98,874 and was received on April 08, 2026. Want to learn more about 1400 Bl. E 31st Avenue? Do you have questions about finding other Lots/Land real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

