NOT LISTED FOR SALE

12303 W 151st Ave Cedar Lake, IN 46303

West Creek Neighborhood

Estimated Value: $672,000 - $851,000

4 Beds
2.5 Baths
4,918 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $265,000 $54 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $5,067/month

62 Days on Market

Highlights

  • 10 Acre Lot
  • Deck
  • Pond
  • Lowell Senior High School Rated 9+
  • Wood Burning Stove
  • Living Room with Fireplace

About This Home

As of October 2017

Firm or CC buyers only. This custom built mid-century modern home was inspired by a FRANK LLOYD WRIGHT PRAIRIE STYLE DESIGN. Nested on 10 ac. of woodland with a 1 1/2 ac. pond, a sanctuary for wildlife. Windows throughout allow for views from every room. Home was constructed entirely of IN limestone, and was built to support a 3rd story, with 5000 sq. ft. of living space, features 3 stone Fireplaces, enclosed porch and 2 decks. 5 ac. are in a classified forest preserve, (seller can remove) taxes are low. Located approx. 1 mile from IL state line, easy access to Chicago. This home is in need of cosmetic updating and some repairs, (roof has some damage which has been repaired but caused some interior damage to the ceilings), home being sold AS IS which is reflected in the price!This home could not be duplicated! LOWELL SCHOOLS.Present driveway is off 151st. A new driveway will need to be required off White Oak Ave. Additional 30 Ac.for sale, call listing agent.

Last Agent to Sell the Property

Stephen Tokar

Langen Realty License #RB14005554 Listed on: 07/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1960

Lot Details

  • 10 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Stone Exterior Construction

Interior Spaces

  • 4,918 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • 3 Fireplaces
  • Recreation Room with Fireplace
  • Screened Porch
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Pond
  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Satellite Dish

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451905151002000037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,720

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Gravel Road Access, Landscaped, Nearly Level, Paved Road, Pond(s), Wooded
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: GNR215
  • Subdivision Name: None
  • Architectural Style: Hillside Ranch
  • GNR_Exterior: Stone
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Hood, Range Hood
  • Interior Amenities: FP Living/Great Room, FP Rec Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Related Living, Wood Burning Stove
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 3

Exterior Features

  • Exterior Features: Deck, Porch Screened
  • Acres: 10

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Dimensions: 10 ac
  • Lot Size Sq Ft: 435600
  • ResoLotSizeUnits: Acres
  • Parcel #: 451905151002000037
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3720

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Smith Richard G and Webb Tanya D
Bought by
Bultema Peter M and Bultema Taytum A
Current Estimated Value
$784,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$544,052
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$240,517

Purchase Details

Listed on
Jul 6, 2017
Closed on
Oct 12, 2017
Sold by
Centier Bank
Bought by
Tainor Thomas A and The Etheyn G Trainor Trust
Seller's Agent
Stephen Tokar
Langen Realty
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$200,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2017
Closed on
Sep 21, 2017
Sold by
Centier Bank As Successor To First Natio
Bought by
Smith Richard G and Webb Tanya D
Seller's Agent
Stephen Tokar
Langen Realty
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bultema Peter M -- Greater Indiana Title Company
Tainor Thomas A -- None Available
Smith Richard G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bultema Peter M $550,000
Previous Owner Smith Richard G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $265,000 0.0% $54 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $265,000 -- $54 / 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 $10,881 $582,100 $197,100 $385,000
2023 $5,852 $577,500 $197,100 $380,400
2022 $6,151 $559,100 $197,100 $362,000
2021 $3,852 $394,500 $95,900 $298,600
2020 $3,620 $383,800 $95,900 $287,900
2019 $3,572 $361,800 $95,900 $265,900
2018 $3,505 $372,000 $64,900 $307,100
2017 $3,726 $360,400 $64,900 $295,500
2016 $3,761 $374,200 $64,900 $309,300
2014 $3,528 $354,900 $64,900 $290,000
2013 $3,568 $344,500 $64,900 $279,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephen Tokar

    Langen Realty

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR417906

Northwest Indiana Association of REALTORS®

APN: 45-19-05-151-002.000-037

Indiana Lake County Cedar Lake 46303 West Creek

12303 W 151st Ave, Cedar Lake, IN

This home is located at 12303 W 151st Ave, Cedar Lake, IN 46303 since 06 July 2017 and is currently estimated at $784,569, approximately $159 per square foot. This property was built in 1960. 12303 W 151st Ave is a home located in Lake County with nearby schools including Lowell Middle School and Lowell Senior 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.

Nearby Homes