Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 839390MLS Provider

1001 E 40th Lot 4 PlaceGriffith, IN 46319

Vacant Land · 0.48 Acres
$68,800 Active

1001 E 40th Lot 4 Place Overview

Time on Site:
38 days
Visits:
1

Almost a HALF ACRE brand-new residential lot for sale in Griffith, Indiana! This is a great opportunity to build your dream home with flexibility--bring your own builder or have the developer build one for you. Located in an R2 zoning district, this lot allows for several home styles with minimum square footage requirements, including: One-story: 1,200 sq ft minimum Two-story: 1,800 sq ft minimum, with 1,000 sq ft first-floor minimum Bi/Tri-level: 1,600 sq ft minimum, with 1,000 sq ft first-floor minimum A rare opportunity to secure a spacious lot in Griffith and create the home you've been waiting for. Schedule your showing or reach out today for more information!

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1001 E 40th Lot 4 Place Facts & Features

  • Type Vacant Land
  • Lot 0.48 Acres

Details

General

Association/HOA

  • Association: false

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Riehls Homesteads Nos 1 To 6
  • Township: North

Community/Development

  • Development Status: Site Plan Approved

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 238.57
  • Tax Assessed Value: 49700
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,FHA
  • Parcel Number: Tbd
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: Standard

Interior

General Information

  • Electric: Other

Exterior

Lot Information

  • Lot Features: Back Yard,Rectangular Lot,Front Yard
  • Lot Size Acres: 0.4829
  • Lot Size Source: Plans
  • Lot Size Square Feet: 21036.4
  • Number Of Lots: 1
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Cable Available,Water Available,Sewer Available,Natural Gas Available,Electricity Available

1001 E 40th Lot 4 Place Neighborhood

Community

46319 (Griffith) Demographics

39
Median Age
1,870
Population Density (per sq. mile)
28%
College Educated
$61,526
Estimated Median Income
5,327
Estimated Total Home Owners
1,973
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1001 E 40th Lot 4 Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1001 E 40th Lot 4 Place Market Data

Based on the last 30 days in this zip code

$268,287
Average List Price
$154
Average Price per Square Foot
19
Properties Sold
58
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

1001 E 40th Lot 4 Place History

Date Event Value Agent
5/22/2026Source: Northwest Indiana MLS Added to Database
May 22, 2026