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$797,000 $22,000on 3/15/2024

5540 US Highway 6 Portage, IN  46368

  • 4,080 sq. Ft

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Property Description for 5540 US Highway 6 Portage, IN 46368

An Incredible Retail or Development Opportunity! Recent updates to property! Completed Phase 1 and Phase 2. City sewer connection to be installed. A 4080 square foot commercial building on two parcels for a total of 9.93 ac, and 340 ft of frontage. Located on US Hwy 6, with a daily traffic count of 18,305. The Commercial building has 1,085 sq ft of retail/showroom space, 302 sq ft office and 166 sq ft break room. In addition, there is a 2,142 sq ft heated FBI built shop/warehouse, 16 ft clear ceiling height, concrete floor, and 2 overhead doors. The property has two large road cuts onto US Hwy 6.

Address:5540 US Highway 6 Portage IN 46368
Status:Active
on site: 387 days
Price:$797,000
Bathrooms:0
Sq. Feet:4,080
Year Built:1958
Lot Size:9.90
County: Porter
Township: Portage
MLS #:527845
Property Type:Retail

Lot Dimensions:340 by 1,270 +/-
Directions:US HWY 6 in Portage, West of Swanson Rd., approximately 1000 Feet, property on the Northside of US 6.
Total Sq. Ft. :4,080

Loan Price
$4,490
Price And Interest $4,158/month
Property Tax $0/month
MTG INS $0/month
HOME INS $332/month
Price
$797,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,984 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/11/23 $775,000 $797,000 2.84%
07/28/23 $824,900 $775,000 -6.05%

Tax Year:2022
Mandatory HOA Fee:$

City:Portage
Subdivision: None
Zip Code:46368

Total Sq. Ft.:4,080
Interior Features:Elevator
Heat:Forced Air, Natural Gas, Other, Radiant
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Schools in 5540 US Highway 6 Portage, IN  46368


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Listing provided courtesy of Roxanne Gottleber with RE/MAX Lifestyles from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/29/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



5540 US Highway 6 Portage, IN  46368 Market Report

84
Avg. DOM
$189.36
Avg. $ / Sq.Ft.
$ 365,000
Med. List Price

The house prices in 5540 US Highway 6 Portage IN 46368 are indeed dropping at the moment. There has been a decrease in price of $46,872.83. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in 5540 US Highway 6 Portage IN 46368 are going Down. The average house price is $365,560.00 and the average price per square feet is $188.85 per square feet. At the moment, the amount of homes listed is exactly 3102 houses, with 70 with active status, 1 with pending status and 3031 sold in 5540 US Highway 6 Portage IN 46368 .

The most popular place to buy a home in 5540 US Highway 6 Portage IN 46368 is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in 5540 US Highway 6 Portage IN 46368 .

The average amount of property taxes you would have to pay for a home in 5540 US Highway 6 Portage IN 46368 is $1,480.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in 5540 US Highway 6 Portage IN 46368 are staying listed for an average of 30 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in 5540 US Highway 6 Portage IN 46368 was 23 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in 5540 US Highway 6 Portage IN 46368 is $985,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in 5540 US Highway 6 Portage IN 46368 is $64,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in 5540 US Highway 6 Portage IN 46368 in year 1921 and the newest built house is in year 2024.

The average size of properties in 5540 US Highway 6 Portage IN 46368 is 1960.13 sq.ft. , the biggest one being 3848 sq.ft. and the smaller being 793 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.