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Agricultural Land with Home for Sale in Cedar Lake, Indiana

14664 Sheffield Ave, Cedar Lake, IN 46303

$1,290,000
20 acres
Active
$210k drop
Est $6,765/mo

Experience the best of country living with city convenience at this gated 20-acre equestrian estate near the Illinois-Indiana line. Perfectly positioned for commuters, yet surrounded by peaceful farmland, this property offers the rare combination of privacy, productivity, and purpose. At the center sits a solid, custom brick ranch with cathedral ceilings, open-concept living, and Hickory hardwood floors bathed in natural light. Step out to panoramic views of rolling acreage, where horses graze and wildlife roams. Enjoy mornings with coffee on the porch, evenings under wide Indiana skies, and the freedom of space you simply can't find closer to Chicago. For equestrian enthusiasts, the property is thoughtfully laid out with a Morton indoor arena, outdoor arena, six stalls, another Morton building for Hay storage or more, and usable pasture/hay fields. Instant income from the surrounding farm fields utilized for grain farming. The home is equipped for resilience with a full-farm generator and a 2021 furnace, ensuring comfort year-round. A separate well is utilized by the barns, room to grow and unfinished loft space to utilize as you see fit. Indiana's lower taxes paired with proximity to Illinois make this property an exceptional investment for those seeking both lifestyle and practicality. This isn't just a home--it's a once-in-a-lifetime opportunity to create the life you've been imagining: room to breathe, space to grow, and a legacy of living connected to the land.

2,180
Sq feet
3
Beds
2
Full baths
1
1/2 bath
2010
Built

Location

Street address
14664 Sheffield Ave
Elevation
728 feet
Coordinates
41.352, -87.5195

Directions

From North US 41(wicker ave) South to W 133rd Ave take a Right, follow for 2 miles to Calumet Ave turn Left onto Calumet for 1.8 miles to Sheffield Ave turn Left, Property is on the right approx. .2 miles. gated entry on gravel drive.

Property details

Acreage
20 acres
MLS #
GNIAR 822883
Posted

Property taxes

2024
$5,336

Parcels

  • 451436300009000013

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage
Structures
Storage
Features
Rain Gutters

Structure

Stories
1
Heating
Central, Fireplace(s), Forced Air, Propane

Interior

Room Count
10
Rooms
Basement, Bathroom x 3, Bedroom x 3, Dining Room, Kitchen, Laundry, Living Room
Appliances
Cooktop, Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Range, Refrigerator, Washer
Security
Smoke Detector(s)
Features
Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-In Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s)

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Sept 1, 2025Price drop$1,290,000$210,000 -14%GNIAR
June 21, 2025New listing$1,500,000GNIAR
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This 20-acre property is located at 14664 Sheffield Ave in Cedar Lake, IN 46303. The property is available for sale for $1,290,000. It has a 2,180 sq ft 3 bedroom, 2 bath house built in 2010.

Checked 29 mins ago — Updated

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