- Status:
- Active
- MLS #:
- 843228
- Listed By:
- Brent Wright - McColly Real Estate
- Agent Phone:
- (219) 406-7195
- Agent Email:
- BrentWrightHomes@gmail.com
Sponsoring Broker: David Camp, Berkshire Hathaway HomeServices Chicago
PATRINOS SUBDIVISION! A rare opportunity to purchase five newly created residential lots in Griffith, Indiana! Each lot is nearly half an acre, offering an excellent opportunity for a builder, investor, or small developer to construct five new homes in an established community. Located within an R-2 zoning district, the current minimum home-size requirements include: One-Story Homes: 1,200 finished square feet Two-Story Homes: 1,800 finished square feet, with a minimum 1,000-square-foot first floor Bi-Level or Tri-Level Homes: 1,600 finished square feet, with a minimum 1,000-square-foot first floor The property is currently located at 1001 E. 40th Place in Griffith and provides a unique chance to secure an entire five-lot subdivision in one purchase. Bring your plans, assemble your team, and take advantage of this hard-to-find development opportunity! Contact an agent today for additional information, subdivision documents, and showing instructions. Buyers and their agents should independently verify zoning, building requirements, utilities, permits, and all intended uses.
Highlights
- Land
- Unimproved Land
- 2.07 Acre Lot
- 101 days on Market
-
- Acres
- 2.07
-
- Lot Features
- Rectangular Lot, Back Yard, Front Yard
-
- View
- Neighborhood
-
- Utilities
- Cable Available, Sewer Available, Electricity Available, Water Available, Natural Gas Available
-
- Water
- Public
-
- County
- Lake
-
- City
- Griffith
-
- Neighborhood
- Patrionos
-
- Zip Code
- 46319
-
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Estimated Value
$266,971
Estimated Sales Price Range:
$213,576 - $320,365
Source: Constellation Data Labs
Price History
| 07/31/2026 | Listed | $299,900 |
| Source: Northwest Indiana Association of REALTORS #843228 | ||
| 05/22/2026 | Listed | $68,800 |
| Source: Northwest Indiana Association of REALTORS #839390 | ||
Source: MLS Data
Deed History
| 01/17/2019 | Warranty Deed | $0 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Griffith
There are currently 45 properties available in Griffith, with 2 under contract to close soon. Properties in the city have an average sale price of $269,717 and typically spend 81 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1001 E 40th Pl?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1001 E 40th Pl.
They know lands in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1001 E 40th Pl?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $299,900. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Griffith, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1001 E 40th Pl?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1001 E 40th Pl at around $1,806. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1001 E 40th Pl?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Lake County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1001 E 40th Pl?
In most cases, yes. Whether 1001 E 40th Pl is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Griffith's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1001 E 40th Pl?
We can handle that for you. Our preferred local agent specializes in lands in Griffith and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
1001 E 40th Pl was listed on July 31, 2026, which means it's been on the market for 101 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
1001 E 40th Pl sits on a 2.07-acre lot, which is 90,169 square feet.
What are the property taxes for 1001 E 40th Pl?
The most recent public record shows annual property taxes for 1001 E 40th Pl were approximately $1,193. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1001 E 40th Pl still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Northwest Indiana Association of REALTORS. All rights reserved.
Last Updated: November 09, 2026 at 08:46AM | Source: Northwest Indiana Association of REALTORS | MLS#: 843228
