NOT LISTED FOR SALE

11106 W 141st Ave Cedar Lake, IN 46303

Estimated Value: $161,921 - $261,000

3.09 Acres
$72,081 Price per Acre
134,600 Sq Ft Lot

Last Sold July 10, 2019

Last sale price $257,500 $61 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,330/month

448 Days on Market

About This Lot

As of July 2019

GREAT OPPORTUNITY IN HANOVER TWP--Price adjustment, live in MAIN home- (3bdrm/2bath) and collect income from the other 2 units. Future land development/ investment! 341' of highway visibility and high traffic pattern on 3 acres. Unincorporated northeast corner of Wicker Avenue(Rt 41) and 141st Avenue, northbound traffic on Rt 41, which has access off of 141st Avenue. Currently property is generating income on 3 rental homes and storage income. Close to all new development in this corridor: newer Middle School and housing developments--huge potential.!!!!

Last Agent to Sell the Property

Shelly Faber

McColly Real Estate License #RB14044470 Listed on: 03/19/2018

McColly Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1948

Lot Details

  • 3.09 Acre Lot
  • Zoning described as Family dwelling

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • 4,236 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms

Community Details

  • Broadway Add 01 Subdivision
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 451528351006000013

Property Details

Property Type

Land

Est. Annual Taxes

$5,139

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Acreage, Storage
  • Co List Office Mls Id: GNR898
  • Subdivision Name: Broadway Add 01
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 8

Exterior Features

  • Acres: 3.09

Garage/Parking

  • Garage Spaces: 4
  • Open Parking Spaces: 4
  • Parking Features: Off Street, None

Lot Info

  • Lot Size Sq Ft: 134600
  • ResoLotSizeUnits: Acres
  • Parcel #: 451528351006000013
  • Zoning Description: Family dwelling
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Sonshine Holdings Llc
Bought by
Board Of Commissioners Of Lake County Indiana
Current Estimated Value
$222,730

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 9, 2019
Sold by
Wischhover Wayne W and Wischhover Sean C
Bought by
Sonshine Holdings Llc
Seller's Agent
Shelly Faber
McColly Real Estate
List Price
$257,500
Sold Price
$257,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.23%
Original Mortgage
$193,125
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Board Of Commissioners Of Lake County Indiana $7,500 --
Sonshine Holdings Llc -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonshine Holdings Llc $193,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $257,500 0.0% $61 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
03/19/2018 03/19/18 For Sale $257,500 -- $61 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,898 $109,200 $60,000 $49,200
2023 $1,635 $94,700 $40,000 $54,700
2022 $1,635 $91,600 $40,000 $51,600
2021 $1,639 $90,300 $40,000 $50,300
2020 $1,262 $65,600 $30,000 $35,600
2019 $1,269 $64,000 $30,000 $34,000
2018 $1,258 $60,600 $28,000 $32,600
2017 $1,277 $58,300 $28,000 $30,300
2016 $1,231 $56,700 $28,000 $28,700
2014 $1,026 $55,700 $28,000 $27,700
2013 $1,063 $55,800 $28,000 $27,800
Source: Public Records

Agents Affiliated with this Home

  • Shelly Faber

    Seller's Agent in 2019

    Shelly Faber

    McColly Real Estate

    (219) 775-1799

    72 in this area

    110 Total Sales

    Shelly Faber
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR431112

Northwest Indiana Association of REALTORS®

APN: 45-15-28-351-005.000-013

Indiana Lake County Cedar Lake 46303

11106 W 141st Ave, Cedar Lake, IN

Not Listed for Sale

Lots

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