


81 Morena TerraceCrown Point, IN 46307
Vacant Land · 0.51 Acres81 Morena Terrace Overview
- Time on Site:
- 54 days
- Visits:
- 0
Discover why so many buyers choose Crown Point and the gated Falling Waters community as their forever-home destination. Falling Waters offers a private, resort-like setting defined by wooded homesites, and serene water views, creating a peaceful environment where wildlife, natural scenery, and quiet walking areas are part of everyday life. A gated entrance provides added privacy and security, while strong pride of ownership is evident throughout the neighborhood, which features custom-built homes ranging from upscale to true luxury. Beyond the gates, Crown Point delivers a vibrant community lifestyle centered around its historic Downtown Square and Bulldog Park. Residents enjoy a full calendar of annual events, including the Summer Corn Roast, Taste of Crown Point, the Summer Concert Series, and the Fourth of July Parade and Fireworks. Seasonal activities continue throughout the year with ice skating, a Santa Parade, a New Year's Eve Ball Drop, and rotating festivals and markets that bring the community together. Despite its tranquil, nature-filled setting, Falling Waters is just minutes from shopping, dining, parks, and recreation, and approximately 40 minutes from downtown Chicago, offering an ideal balance of retreat-style living and everyday convenience. Low Porter County taxes and access to highly regarded Crown Point schools further enhance the value, making Falling Waters one of Northwest Indiana's most sought-after gated communities for those seeking lifestyle, community, and long-term value. The HOA fee includes trash pickup, road maintenance, security gates, and snow removal of common streets.
81 Morena Terrace Facts & Features
- Type Vacant Land
- Lot 0.51 Acres
Details
General
Association/HOA
- Association Amenities: None
- Association Fee: 1050
- Association Fee Frequency: Annually
- Association Fee Includes: Snow Removal,Other,Trash
- Association Name: 1st American Management
- Association: true
School Information
- School District: Porter Township
- Elementary School: Porter Lakes Elementary School
- High School: Boone Grove High School
Location/Region
- County Or Parish: Porter
- Subdivision Name: Falling Waters
- Township: Porter
Community/Development
- Development Status: Other,Raw Land
Rent/Lease Information
- Lease Considered: false
Tax Information
- Tax Annual Amount: 1272
- Tax Assessed Value: 83600
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 641103407002000018
- Property Sub Type: Unimproved Land
- Property Type: Land
- Special Listing Conditions: None
Interior
General Information
- Electric: Other
Exterior
Lot Information
- Lot Features: Cul-De-Sac,Wooded,Few Trees
- Lot Size Acres: 0.51
- Lot Size Source: Assessor
- Lot Size Square Feet: 22216
- Water Source: Public
Waterfront/View
- View: Neighborhood,Trees/Woods
- Waterfront: false
General Information
- Sewer: Public Sewer
- Utilities: Electricity Available,Water Available,Sewer Available,Natural Gas Available
81 Morena Terrace Neighborhood
Community
46307 (Crown Point) Demographics
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.81 Morena Terrace Monthly Cost
81 Morena Terrace Market Data
Based on the last 30 days in this zip code
81 Morena Terrace History
| Date | Value | Agent |
|---|---|---|
| 5/6/2026Source: Northwest Indiana MLS | May 06, 2026 |














