5507 E. State Rd. 231, Crown Point, IN 46307
OFF MARKET

5507 E. State Rd. 231
Crown Point, IN 46307

Leroy
  • 6 Beds
  • 4 Baths
  • 4,000 sqft (on 26 acres)
6 Beds
4 Baths
4,000 sqft
(on 26 acres)

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Description

Only 23 miles from new HITS Hunter/Jumper venue at Balmoral Park. 23+ acre horse farm perimeter fenced with significant income from combination of boarding and housing rentals. Additional 2+ acre pasture with barn zoned business. Approx. 2 acre lake with large gazebo complex. Crown Point school district. Low taxes. 4 miles from I-65, one hour to Chicago loop. Hundreds of flowers, shrubs and trees. Tree-lined drive with attractive signage. Two wells and four separate utility services. 35 stall main barn with automatic waterers. 11+ additional stalls in arena barn. 13 grass paddocks covering approx. 15 acres. 180' indoor arena with sprinklers. 230' outdoor arena. Huge tack room with 26 boarder lockers. Cross country jumping field. 60' sand round pen. 25'x64' enclosed out-building with stalls, electric, water, feed room and attached paddocks. Parking for 10+ horse trailers. Storage for semi load of shavings and 2000 bales of hay. 25'x64' workshop and storage building. 11'x11' private owner tack room. Custom tools to greatly diminish stall maintenance. Nearby county horse trails. Three residences. 2600 sq. ft. Owner residence with 3 bedrooms and 1.75 baths. 1200 sq. ft. Vaulted great room with huge fireplace. 600 sq. ft. Front porch. 1400 sq. ft. Apartment with 3 bedrooms and 2 custom tiled baths. Mobile home for rental or farmhand. (All measurements approximate.) We have prospective buyers looking for partners. You can purchase 25% ownership in the farm for about what you pay to board 2 horses in NWI or what you pay to board one horse in the Chicago suburbs. Call for details.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

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Home Details for 5507 E. State Rd. 231

Property Information

Year Built
Year Built: 1962Year Updated: 2008
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 26.00 acres

Price History for 5507 E. State Rd. 231

DatePriceEventSource
03/24/2021ListingRemovedN/A
09/04/2018$695,000ListingRemovedN/A
11/06/2017$695,000PriceChange
N/A
02/02/2017$735,000PriceChange
N/A
05/31/2016$765,000PriceChange
N/A
06/11/2015$795,000Listed For SaleN/A
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Comparable Sales for 5507 E. State Rd. 231

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5750 E 129th Ave, Winfield, IN
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$310,000
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2
1
912
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4
4
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20 Maxwell St, Hebron, IN
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$425,000
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19 Maxwell St, Hebron, IN
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04/23/26
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136 Meadows Cir #140, Crown Pt, IN
4.41
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4
4
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150-154 Meadows Cir, Crown Pt, IN
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$355,000
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10410-14 Arizona St, Winfield, IN
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3
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542 W 650 S, Hebron, IN
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100-102 N Ridge St, Crown Pt, IN
6.18
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$260,000
02/27/26
4
2
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140 N Ridge St, Crown Point, IN
6.24
Multi-Family Home
$260,000
06/06/25
4
2
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Leroy
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5507 E. State Rd. 231, Crown Point, IN 46307 is a 6 bedroom, 4 bathroom, 4,000 sqft multi-family built in 1962. 5507 E. State Rd. 231 is located in Leroy, Crown Point. This property is not currently available for sale.