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$1,400,000 Just Listed
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Property Description
Prime commercial lot available!!! Perfectly positioned for maximum business exposure. Located just off Route 51 and close to Interstate 80-94, this site benefits from an impressive daily traffic count -- with tens of thousands of vehicles passing by each day. This high-visibility location ensures your business will capture significant attention from both local customers and commuters traveling through the area. Ideal for retail, office space, or service-oriented businesses, this lot offers excellent accessibility, ample space for development, and the opportunity to establish your brand in a thriving commercial corridor. Don't miss out on securing this strategic location that combines convenience, visibility, and growth potential in the heart of Lake Station!
Full Property Details
Full Property Details for 1290 Ripley St
General
- Price: $1,400,000
- Taxes: $4,526 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 838204
- Updated: 5/3/2026
- Added to Site: Today
Location
- County: Lake
- Township: Hobart
- Driving Directions: head north on Ripley Street. Continue straight for about 1-2 miles. Property will be on your right at 1290 Ripley Street.
Lot Features
- Lot Size (Acres): 5.77
- Lot Size (Sq. Ft.): 251,341.2
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $4,526
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PT GOV LOT 3 W. OF HWY 51, S. OF NIPSCO N. OF HOBART RD NW1/4 NW1/4 EX. N'LY PT S.9 T.36 R.7 3.08AC
- Property ID: 450909100005000021
Listed by VIA Realty
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Schools
Schools serving 1290 Ripley St
School District:Lake Station Community Schools
| Name | Grades | Distance |
|---|---|---|
Virgil I Bailey Elementary School 2100 Union Street, Lake Station, IN 46405 | K-6 | 0.8 mi |
Thomas A Edison Jr-Sr High School 3304 Parkside Avenue, Lake Station, IN 46405 | 7-12 | 0.9 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 1290 Ripley St
Date
Details
Price
Change
Source
5/03/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1290 Ripley St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,819
-20%
$128,800
—
2023
$5,997
-14%
$128,800
—
2022
$6,953
-54%
$128,800
—
2020
$15,213
57%
$128,800
-52%
2019
$9,683
-10%
$266,300
—
2018
$10,738
-2%
$266,300
—
2017
$10,948
17%
$266,300
—
2016
$9,388
2%
$266,300
—
2015
$9,240
-30%
$266,300
—
2013
$13,170
-2%
$266,300
—
2012
$13,420
—
$266,300
—
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 1290 Ripley St
1290 Ripley Street, Lake Station, IN 46405 (MLS# 838204) is a Lots/Land property with a lot size of 5.77 acres. 1290 Ripley Street is currently listed for $1,400,000 and was received on May 03, 2026. Want to learn more about 1290 Ripley Street? Do you have questions about finding other Lots/Land real estate for sale in Lake Station? You can browse all Lake Station real estate or contact a Coldwell Banker agent to request more information.

