NOT LISTED FOR SALE

1125 Old Lincoln Hwy Unit 2 Schererville, IN 46375

Hartsdale Neighborhood

Estimated Value: $406,880 - $498,000

2 Beds
1 Bath
1,800 Sq Ft
0.57 Acres

Last Sold June 30, 2023

Last sale price $1,750 $1 Per Sq Ft

Est. 25,155% increase in value since last sale

Current estimated payment $3,087/month

25 Days on Market

Highlights

  • 0.57 Acre Lot
  • Wooded Lot
  • 2.5 Car Detached Garage
  • James H. Watson Elementary School Rated A
  • Formal Dining Room
  • Patio

About This Home

As of June 2023

(FOR LEASE ONLY) Your search for a rental unit has ended. Check out this beautifully updated 2nd floor apartment. This unit is over 1800 square feet, new windows, new kitchen cabinets and counters, new bath with tile surround, hardwood floors, large rooms, large closets, new SS appliances and washer & dryer. This unit also has its own basement. Did I mention the shared garage.... This unit is a must see, shows like a single family home, not an apartment. This building sits on a large piece of property to allow for some outdoor fun.

Last Agent to Sell the Property

Marc Roy

McColly Real Estate License #RB14039391 Listed on: 06/05/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,805

Year Built

  • Built in 1960

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 451117203003000036

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Net Lease

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,805

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Nearly Level, Paved Road, Wooded, Other
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR486
  • Subdivision Name: None
  • Architectural Style: Other
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1800
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer, Window/Wall Air Cond
  • Interior Amenities: Formal Dining, Other
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Patio, None, Other
  • Acres: 0.572

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Radiator(s)

Lot Info

  • Lot Dimensions: 161x134 common
  • Lot Size Sq Ft: 24916
  • Parcel #: 451117203003000036

Rental Info

  • Pets Allowed: No

Tax Info

  • Year: 2022

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Mcilroy William E and Mcilroy Grace E
Bought by
Wemgem 2 Llc
Current Estimated Value
$441,970

Purchase Details

Closed on
Jun 14, 2024
Sold by
Mcilroy William E and Mcilroy Grace E
Bought by
Wemgem 2 Llc

Purchase Details

Closed on
Apr 6, 2021
Sold by
Wemgem 2 Llc
Bought by
Mcilroy William E and Mcilroy Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Wemgem 2 Llc
Bought by
Mcilroy William E and Mcilroy Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2019
Sold by
Mcilroy William E and Mcilroy Grace E
Bought by
Wemgem 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
Polydefkis Evangelia Lee
Bought by
Mcilroy William E and Mcilroy Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Polydekis Lee and Polydekis Evangelia Lee
Bought by
Polydefkis Michael J and Polydefkis Evangelia Lee
Source: Public Records

Range of Values:

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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
Wemgem 2 Llc -- None Listed On Document
Wemgem 2 Llc -- None Listed On Document
Mcilroy William E -- None Listed On Document
Mcilroy William E -- None Available
Wemgem 2 Llc -- None Available
Mcilroy William E -- Community Title Co
Polydefkis Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcilroy William E $198,000
Previous Owner Mcilroy William E $198,000
Previous Owner Mcilroy William E $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,750 0.0% $1 / Sq Ft
06/05/2023 06/05/23 For Sale $1,750 -- $1 / 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 $8,805 $454,700 $73,900 $380,800
2023 $7,595 $432,400 $73,900 $358,500
2022 $7,428 $402,800 $73,900 $328,900
2021 $6,900 $379,300 $73,900 $305,400
2020 $7,024 $376,200 $86,500 $289,700
2019 $6,085 $299,100 $46,600 $252,500
2018 $5,924 $287,400 $46,600 $240,800
2017 $5,434 $278,700 $46,600 $232,100
2016 $5,073 $259,900 $46,600 $213,300
2014 $4,992 $266,200 $46,600 $219,600
2013 $4,998 $259,200 $46,600 $212,600
Source: Public Records

Agents Affiliated with this Home

  • Marc Roy

    Seller's Agent in 2023

    Marc Roy

    McColly Real Estate

    (219) 688-8258

    2 in this area

    52 Total Sales

    Marc Roy
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR531499

Northwest Indiana Association of REALTORS®

APN: 45-11-17-203-003.000-036

Indiana Lake County Schererville 46375 Hartsdale

1125 Old Lincoln Hwy Unit 2, Schererville, IN

This home is located at 1125 Old Lincoln Hwy Unit 2, Schererville, IN 46375 since 05 June 2023 and is currently estimated at $441,970, approximately $245 per square foot. This property was built in 1960. 1125 Old Lincoln Hwy Unit 2 is a home located in Lake County with nearby schools including James H. Watson Elementary School, Michael Grimmer Middle School, and Lake Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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