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$125,000
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Property Description
Excellent Investment Opportunity. THE WELL LOCATED ON THIS LOT IS THE EXCLUSIVE WATER SOURCE FOR Mallards Pointe Subdivision. Features, an attractive monthly income rental income and NO HOA DUES. Inquire today about this opportunity. While serving as the subdivision's water supply, the lot cannot be built or developed residentially. This is strictly an investment property.
Full Property Details
Full Property Details for 792 Merganser Ln
General
- Price: $125,000
- Taxes: $762 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 830265
- Updated: 11/3/2025
- Added to Site: 76 day(s) ago
Location
- County: Porter
- Township: Liberty
- Subdivision: Mallards Landing
- Driving Directions: On the South side of US Highway 6 between 200 West an 125 West
Community
- Assoc. Fees Include: None
Lot Features
- Lot Size (Acres): 1.56
- Lot Size (Sq. Ft.): 67,954
- Lot Features: Other
- Zoning: Rural Residential
Financial Considerations
- Tax Amount: $762
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MALLARDS LANDING UNIT 3 LOT 49
- Property ID: 640627126003000006
Listed by Century 21 Alliance Group
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Schools
Schools serving 792 Merganser Ln
School District:Duneland School Corporation
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Chesterton, IN 50-1 W 900 N, Chesterton, IN 46304 | K-4 | 1.6 mi |
Liberty Intermediate School, Chesterton, IN 50 West 900 North, Chesterton, IN 46304 | 5-8 | 1.6 mi |
Chesterton Senior High School 2125 South 11th Street, Chesterton, IN 46304 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 792 Merganser Ln
Date
Details
Price
Change
Source
11/03/2025
Listed
$125,000
—
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 792 Merganser Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$882
2%
$48,600
5%
2023
$863
—
$46,300
—
2022
$860
4%
$46,300
—
2021
$824
9%
$46,300
15%
2020
$758
-4%
$40,400
—
2019
$788
2%
$40,400
—
2018
$773
1%
$40,400
—
2017
$763
—
$40,400
12%
2017
$763
12%
$36,200
—
2016
$684
-1%
$36,200
-6%
2015
$692
10%
$38,400
6%
2013
$631
—
$36,200
—
2012
$631
—
$36,200
—
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 792 Merganser Ln
792 Merganser Lane, Valparaiso, IN 46385 (MLS# 830265) is a Lots/Land property with a lot size of 1.56 acres. 792 Merganser Lane is currently listed for $125,000 and was received on November 03, 2025. Want to learn more about 792 Merganser Lane? Do you have questions about finding other Lots/Land real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

