NOT LISTED FOR SALE

Estimated Value: $306,000

3 Beds
1 Bath
1,252 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $250,000 $200 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,930/month

530 Days on Market

Highlights

  • 1.56 Acre Lot
  • No HOA
  • 1-Story Property
  • Lincoln Elementary School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2021

Commercial parcel, 1.56+/- acres with 215' of frontage on Rt41. This lot is 366' deep with loads of potential. This is presently zoned residential -- future use as business zoning currently located in Lake County which could easily be rezoned and/or annexed into Cedar Lake for the public utilities. NEW SUBDIVISION ENTRANCE JUST NORTH OF THIS PARCEL!!! Existing home used as rental, full basement and 2c garage. Huge potential and/or investment property, south bound lane--west side of Rt 41. GREAT OPPORTUNITY FOR INVESTING IN SOUTH LAKE COUNTY!!!!

Last Agent to Sell the Property

Shelly Faber

McColly Real Estate License #RB14044470 Listed on: 01/12/2020

McColly Real Estate

Last Buyer's Agent

Shelly Faber

McColly Real Estate License #RB14044470 Listed on: 01/12/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1965

Lot Details

  • 1.56 Acre Lot
  • Lot Dimensions are 216x366

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Hanover Central High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451517476005000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,530

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA898
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1252
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Interior Entry, Sump Pump
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 1.56
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 216x366
  • Lot Size Sq Ft: 67954
  • Parcel #: 451517476005000013

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2530

MLS Schools

  • HighSchool: Hanover Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Jun 23, 2021
Sold by
Henn Richard H and Henn Robert R
Bought by
Cl Leasing Llc
Seller's Agent
Shelly Faber
McColly Real Estate
Buyer's Agent
Shelly Faber
McColly Real Estate
List Price
$250,000
Sold Price
$250,000
Total Days on Market
530
Current Estimated Value
$306,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,000
Avg. Annual Appreciation
4.74%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Steuer Family Llc
Bought by
Henn Richard H and Henn Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cl Leasing Llc -- Community Title
Cl Leasing Llc -- None Available
Henn Richard H -- Community Title Company
Henn Richard H -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cl Leasing Llc $200,000
Previous Owner Henn Richard H $170,000
Previous Owner Henn Richard H $170,000
Previous Owner Henn Richard H $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $250,000 0.0% $200 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
01/12/2020 01/12/20 For Sale $250,000 -- $200 / 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
2021 $268 $183,100 $50,500 $132,600
2020 $2,619 $136,100 $26,900 $109,200
2019 $2,551 $130,500 $26,900 $103,600
2018 $2,598 $125,800 $26,900 $98,900
2017 $2,662 $123,300 $26,900 $96,400
2016 $2,304 $107,500 $26,900 $80,600
2014 $2,088 $113,400 $26,900 $86,500
2013 $2,118 $111,200 $25,700 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 468336

Northwest Indiana Association of REALTORS®

APN: 45-15-17-476-005.000-013