Rare opportunity to own 4.817 acres in the heart of Schererville, offering the perfect combination of country living with the convenience of town amenities. This unique property includes an existing 2-bedroom home with current rental income and is being sold AS-IS. Whether you're looking to build your dream estate, invest, or explore future development opportunities, this property offers exceptional potential. Buyers may investigate the possibility of subdividing the property or applying for village variances, including the addition of a pole barn, subject to Town of Schererville approval. City water and sewer are available. Conveniently located near parks, walking and biking trails, shopping, restaurants, and entertainment, this property is also served by the highly regarded Lake Central School District, including Watson Elementary School, Grimmer Middle School, and Lake Central High School. Enjoy nearby recreation at Peter G. Redar Memorial Park and Rohrman Park, plus excellent shopping and dining at Shops on Main, Town Square Shopping Center, and Crossroads Shopping Center. An exceptional opportunity to own nearly five acres in one of Northwest Indiana's most desirable communities.