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$499,999 Just Listed
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Property Description
High-visibility corner development opportunity in Hobart. This 1.0 acre site is strategically located at the intersection of Montgomery St and 37th Ave, offering approximately 86 feet of frontage on Montgomery and 127 feet on 37th Ave. Currently zoned Business (B-3), the parcel is ideally suited for a variety of commercial uses including retail, restaurant, or office. Excellent street visibility and high traffic counts make this a premier location for new construction. The two south lots are zoned R2 so a variance will be needed for B-3 usage there.
Full Property Details
Full Property Details for 3700 Montgomery
General
- Price: $499,999
- Taxes: $2,080 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 836593
- Updated: 4/6/2026
- Added to Site: 2 day(s) ago
Location
- County: Lake
- Township: Hobart
- Subdivision: Ridgewood Add
- Driving Directions: Take I65 South and take Route 6 east, one mile on the right
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Corner Lot, Rectangular Lot
Financial Considerations
- Tax Amount: $2,080
- Tax Year: 2024
- Terms: Cash, Contract
Disclosures and Reports
- Legal Description: RIDGEWOOD ADD BL.1 LOTS 10, 11 & 12 RIDGEWOOD ADD BL.1 LOTS 4 TO 8 , N.20FT OF LOT 9 & VAC. ALLEY
- Property ID: 450826204006000018
Listed by McColly Real Estate
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Schools
Schools serving 3700 Montgomery
School District:Hobart School City
| Name | Grades | Distance |
|---|---|---|
The Early Lrn Center At George Earle 400 North Wilson Street, Hobart, IN 46342 | PK-K | 1.2 mi |
Ridge View Elementary School 52 North Wisconsin Street, Hobart, IN 46342 | 1-5 | 1.9 mi |
Hobart High School 2211 East 10th Street, Hobart, IN 46342 | 8-12 | 4.2 mi |
Hobart Middle School 36 East 8th Street, Hobart, IN 46342 | 6-8 | 2.8 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 3700 Montgomery
Date
Details
Price
Change
Source
4/06/2026
Listed
$499,999
—
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 3700 Montgomery
3700 Montgomery, Hobart, IN 46342 (MLS# 836593) is a Lots/Land property with a lot size of 1 acre. 3700 Montgomery is currently listed for $499,999 and was received on April 06, 2026. Want to learn more about 3700 Montgomery? 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.

