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.
Active
$299,900
1001 E 40th Pl, Griffith, IN 46319
--beds
--baths
2.07Acres
Unimproved Land
Built in ----
2.07 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 68 days
- 53
- 1
Zillow last checked:
Listing updated:
Listed by:
Brent Wright,
McColly Real Estate 219-762-8578
Source: NIRA as distributed by MLS GRID,MLS#: 843228
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.07 Acres
- Features: Back Yard, Rectangular Lot, Front Yard
Details
- Parcel number: 450726281005000006
- Zoning description: Residential
- Special conditions: Standard
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Patrionos
HOA
- Has HOA: No
Location
- Region: Griffith
Financial & listing details
- Tax assessed value: $49,700
- Annual tax amount: $1,192
- Date on market: 7/31/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $299,900+20.4% |
Source: | ||
| 6/19/2024 | Listing removed | -- |
Source: | ||
| 3/20/2024 | Listed for sale | $249,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,158 -14.5% | $49,700 |
| 2024 | $1,354 +3% | $49,700 +2.3% |
| 2023 | $1,315 -25.8% | $48,600 |
| 2022 | $1,771 +3% | $48,600 -26.6% |
| 2021 | $1,720 -18.8% | $66,200 |
| 2020 | $2,119 +17.1% | $66,200 -13.8% |
| 2019 | $1,810 +62.4% | $76,800 +33.3% |
| 2018 | $1,115 +0.3% | $57,600 +45.5% |
| 2017 | $1,112 | $39,600 |
| 2016 | $1,112 -12.8% | $39,600 |
| 2014 | $1,275 | $39,600 |
Find assessor info on the county website





