81 Morena Terrace - Build your dream home in the prestigious Falling Waters subdivision in Crown Point, Porter County, IN! This gated community features scenic lakes, fountains, a lakeside gazebo, playground, picnic areas, pond boat entry, and beautiful custom homes. This 0.51 acre wooded cul-de-sac lot is conveniently located on a scenic setting just feet from Lake Wrencan. Located in Crown Point within the sought-after Porter school district, this lot combines natural beauty with modern convenience - only minutes from both Porter and Lake County amenities and a short drive to Chicago. 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. The HOA fee includes trash pickup, road maintenance, security gates, and snow removal of common streets.
Active
$84,950
81 Morena Ter, Crown Point, IN 46307
--beds
--baths
0.51Acres
Unimproved Land
Built in ----
0.51 Acres Lot
$-- Zestimate®
$--/sqft
$88/mo HOA
What's special
Scenic lakesLakeside gazeboPond boat entryPicnic areas
- 29 days
- 157
- 13
Zillow last checked:
Listing updated:
Listed by:
Andrew Moroz,
Weichert Realtors - Shoreline 219-864-8440
Source: NIRA as distributed by MLS GRID,MLS#: 844754
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 0.51 Acres
- Features: Cul-De-Sac, Wooded, Other, Few Trees
Details
- Parcel number: 641103407002000018
- Zoning description: Residential
- Special conditions: None
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: Falling Waters
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Playground, Management
- Services included: Trash
- HOA fee: $1,050 annually
- HOA name: 1st American Management
- HOA phone: 219-464-3536
Location
- Region: Crown Point
Financial & listing details
- Tax assessed value: $88,600
- Annual tax amount: $1,478
- Date on market: 9/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $84,950+0.1% |
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| 8/6/2026 | Listing removed | $84,900 |
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| 5/6/2026 | Listed for sale | $84,900 |
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| 5/1/2026 | Listing removed | $84,900 |
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| 1/19/2026 | Listed for sale | $84,900 |
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| 1/1/2026 | Listing removed | $84,900 |
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| 7/15/2025 | Listed for sale | $84,900 |
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| 7/1/2025 | Listing removed | $84,900 |
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| 2/5/2025 | Listed for sale | $84,900 |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,272 -1.2% | $88,600 +6% |
| 2024 | $1,287 +71.4% | $83,600 |
| 2023 | $751 -3.1% | $83,600 +72.4% |
| 2022 | $775 +16.6% | $48,500 |
| 2021 | $665 -5.9% | $48,500 +10% |
| 2020 | $707 -21.7% | $44,100 |
| 2019 | $903 +3.4% | $44,100 |
| 2018 | $873 | $44,100 |
| 2017 | $873 +12.1% | $44,100 +50.5% |
| 2016 | $779 -70.8% | $29,300 -2.3% |
| 2014 | $2,671 -1.8% | $30,000 -69.5% |
| 2013 | $2,721 +60.2% | $98,500 +4.1% |
| 2012 | $1,699 +497.8% | $94,600 +403.2% |
| 2011 | $284 -83% | $18,800 -81.9% |
| 2010 | $1,673 +6.1% | $103,900 |
| 2009 | $1,577 | $103,900 -1.1% |
| 2006 | -- | $105,100 -2.8% |
| 2005 | -- | $108,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 46307
Nearby schools
Schools provided by the listing agent
- Elementary: Porter Lakes Elementary School
- High: Boone Grove High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





