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Updated over 3 years ago on . Most recent reply

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55
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23
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Rich Bultema
  • Crown Point, IN
23
Votes |
55
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3 lots sold as one parcel?

Rich Bultema
  • Crown Point, IN
Posted

I'm looking at a house for sale in an old part of town. The county website states the legal description of the parcel as something like "subdivision blah blah blah lots 33, 34, and 36"

Three equal sized/shaped lots that forms an L shape where the house and garage are on two of the lots with frontage on "Oak" street and the third lot has no structures and its own frontage on "Maple" street.

What are my possibilities that I could purchase this property and separate out the third lot to either sell by itself or potentially build on? How does that work?

Thanks

Most Popular Reply

User Stats

411
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373
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Ronald Allen Barney
  • Real Estate Agent
  • Tampa, FL
373
Votes |
411
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Ronald Allen Barney
  • Real Estate Agent
  • Tampa, FL
Replied

It's entirely possible and the plat form of legal description (with subdivisions and lots) was designed for making such a thing easier than ten paragraphs of survey compass directions and distances (called "Metes and Bounds").

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