81 Morena Terrace
Crown Point, IN, 46307 $ 84,900
Baths0.0 Monthly Estimate*
$ 523
Studio Lots and Land for sale in Crown Point, IN
for $84,900. The lot size is 0.51.
Discover why so many buyers choose Crown Point and the gated Falling Waters community as their forever-home destination. Falling Waters offers a private, resort-like setting defined by wooded homesites, and serene water views, creating a peaceful environment where wildlife, natural scenery, and quiet walking areas are part of everyday life. A gated entrance provides added privacy and security, while strong pride of ownership is evident throughout the neighborhood, which features custom-built homes ranging from upscale to true luxury. 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. Despite its tranquil, nature-filled setting, Falling Waters is just minutes from shopping, dining, parks, and recreation, and approximately 40 minutes from downtown Chicago, offering an ideal balance of retreat-style living and everyday convenience. Low Porter County taxes and access to highly regarded Crown Point schools further enhance the value, making Falling Waters one of Northwest Indiana's most sought-after gated communities for those seeking lifestyle, community, and long-term value.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Available Water Available Sewer Available Natural Gas Available
Development Status Other
HOA Fee 1050
Electric Other
View Neighborhood Trees/Woods
Township Porter
Property Subtype Unimproved Land
Tax Year 2025
County Porter
Property Type Land
HOA Y
Subdivision Name Falling Waters
Status Active
Directions East 109th becomes 100 South - Falling Waters is directly past Lake of Four Seasons approx. 1/2 mile on North side of road
High School Boone Grove High School
City Crown Point
Association Name 1st American Management
High School District Porter Township
Zoning Description Residential
Lot Size Square Feet 22216
Listing Terms Cash Conventional
Elementary School Porter Lakes Elementary School
Tax Annual Amount 1552.92
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 83600
Legal Description FALLING WATERS LOT 225 .51A
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ExteriorLot Features Cul-De-Sac Wooded Few Trees
Water Source Public
Lot Size Acres 0.51
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByAndrew MorozListing Agent
Schererville - Weichert, Realtors® - ShorelineBroker
Affordability Calculator
- Monthly Principal & Interest
- $523
- Monthly Property Taxes
- $129
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Porter, IN
Average List Price $161,500
Percent of Sale Price 90%
About Porter, IN 5,266 Population
9% Since 2002
$ 76,851 Median Income
41.29 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4275733 Elementary School
4001655 Middle School
Boone Grove High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/19/2026 | $84,900 | | Listed Price |