Excellent Residential development opportunity on over 4 acres on heavily traveled SR 23/Adams Rd (16,000 cars daily, INDOT Traffic Counts) just 1/2 mile East of Bittersweet in desirable Granger. Penn/Harris/Madison Schools, the property has great potential for Single-Family, Condominium, or Multi-Family Development. Great proximity, located only 1 mile from Martin's Supermarket, Mary Frank Elementary School, and the State Line. Also only 3 miles from IN-331/Capital Ave., just over 3 miles from the Indiana Toll Road Interchange on Capital Ave., 5 miles from the University Park Mall, 5.5 miles from Penn High School, and 8 miles from the University of Notre Dame. Granger Sewer nearby. The property currently has a 936 SF home with a detached garage on it. Zoned R: Residential.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Real Estate Group
Office Phone: (574) 243-9522
Listing Agent: John Piraccini
Lot Features
Lot Information:
Lot Size: 4.43 Acres
Other
Directions Information:
Directions: E of SR 331/Capital Ave on SR 23/Adams Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $395,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Granger, IN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,039
Per Month
Principal & Interest
$1,972
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,251
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Mary Frank Harris Elementary School
13111 Adams Rd
Distance between this listing and this school0.19 miles
Public District Grades PK-5
9
/10
Northpoint Elementary School
50800 Cherry Rd
Distance between this listing and this school0.37 miles
Public District Grades KG-5
9
/10
Prairie Vista Elementary School
15400 Brick Rd
Distance between this listing and this school2.73 miles
Public District Grades KG-5
Nearby Schools
7
/10
Edwardsburg Middle School
69230 Section St
Distance between this listing and this school3.04 miles
Public District Grades 6-8
10
/10
Discovery Middle School
10050 Brummitt Rd
Distance between this listing and this school3.14 miles
Public District Grades 6-8
7
/10
Schmucker Middle School
56045 Bittersweet Rd
Distance between this listing and this school5.13 miles
Public District Grades 6-8
Nearby Schools
8
/10
Edwardsburg High School
69358 Section St
Distance between this listing and this school2.95 miles
Public District Grades 9-12
8
/10
Penn High School
56100 Bittersweet Rd
Distance between this listing and this school5.18 miles
Public District Grades 9-12
2
/10
Clay High School
19131 Darden Rd
Distance between this listing and this school6.39 miles
The neighbors living near this home have an average income of $77,708. The majority of Granger, IN residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Granger, IN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Granger, IN?
Granger's housing market is characterized by a predominance of single-family homes, which make up a significant portion of the residential landscape. These homes often feature a blend of architectural styles, including ranch, colonial, and contemporary designs. The area has seen a steady growth in housing developments, particularly in the past few decades, with many properties offering spacious lots and modern amenities. While single-family homes are the norm, there are also a number of condominiums and townhomes that provide alternative living options for residents.
Is Granger, IN a good place to live?
Granger is known for its family-friendly atmosphere and strong sense of community. The area prides itself on its peaceful residential neighborhoods and well-maintained public spaces. Local events, such as community fairs and seasonal festivals, contribute to the town's close-knit feel and offer residents opportunities to connect and celebrate together. The community's character is further defined by its commitment to preserving green spaces and promoting a relaxed, suburban lifestyle.
Are things conveniently located in Granger, IN?
The community is served by a network of public and private schools, ensuring a range of educational options for families. Granger also boasts a variety of healthcare facilities, including clinics and specialized medical services that cater to the needs of its residents. The town's public library system provides a wealth of resources and programming for all ages. Retail and dining options reflect the local culture, with a mix of national chains and independent businesses that offer a taste of Granger's hospitality.
What does the transportation in Granger, IN look like?
Transportation in Granger is facilitated by a network of well-maintained roads and highways, providing easy access to nearby cities and attractions. Public transportation options are available, with bus services connecting Granger to the wider region. The community is also accommodating to ride-sharing services, enhancing mobility for those without private vehicles. While some areas of Granger are more pedestrian-friendly, the town is generally best navigated by car. Efforts to improve walkability and bikeability are ongoing, with the aim of making Granger even more accessible to non-motorized forms of transport.
Frequently Asked Questions About 12004 Sr 23rd Hwy
What is the listing price of this property?
The listing price of 12004 Sr 23rd Hwy property is $395,000.
What type of property is this?
The property 12004 Sr 23rd Hwy is land located in Granger, Indiana, 46530.
Is this property for sale now?
Active Listing: 12004 Sr 23rd Hwy is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12004 Sr 23rd Hwy in Granger, IN and zip code 46530. It has been listed on Rocket Homes since April 06, 2023 and is currently priced at $395,000.
Granger, IN housing market in October 2024 saw over 7 listings sold above listed price, more than 12 sold at listed price and over 15 sold below. The number of listings in Granger, IN increased by 5.2% between September 2024 and October 2024. Listings spent 2 days on the market in October 2024, and had a median list price of $359,950 during the same period.
From Rocket Homes Real Estate and based on county public records data.