NOT LISTED FOR SALE

12601 Fairbanks St Cedar Lake, IN 46303

Estimated Value: $375,884 - $537,000

5 Beds
3 Baths
4,073 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $256,000 $63 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,002/month

58 Days on Market

Highlights

  • In Ground Pool
  • 1.98 Acre Lot
  • Ranch Style House
  • Douglas MacArthur Elementary School Rated A
  • Recreation Room
  • Pole Barn

About This Home

As of June 2016

BEAUTIFUL LIMESTONE RANCH!! Minutes from Cedar Lake and Lemon Lake County Park. This Home Features over 4000 sq ft, 5 bedrooms, 3 baths, and is situated on nearly 2 acres. The main level display's open views of the Living Room, (HARDWOOD FLOORING AND STUNNING STONE FIREPLACE), Dining Room ( HARDWOOD FLOORING) and a COZY Family Room. The Spacious Kitchen has an abundant amount of Cabinetry, breakfast bar and a cabinet pantry. The Master Suite features its own bath with shower, Whirlpool Tub and W/I closet. Two additional bedrooms and a full bath finish off the main level. The WALK-OUT BASEMENT is perfect for (RELATED LIVING) With A FULL KITCHEN, Huge Family Room, 2 additional bedrooms and a full Bath. Outside features a 30x60 POLE BARN W/Electric that can easily accommodate 6 cars, and a 12x13 Shed w/10 ft ceilings and a loft. Schedule your Showing Today!!!

Last Agent to Sell the Property

Michael Fryzel

@properties/Christie's Intl RE License #RB14048858 Listed on: 03/19/2016

Co-Listed By

Bethany Hernandez

Century 21 Circle License #RB14048857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1955

Lot Details

  • 1.98 Acre Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Stone Exterior Construction

Interior Spaces

  • 4,073 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Sump Pump

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn
  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451523227001000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,280

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Corner Lot, Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Pool Equipment, Sump Pump
  • Co List Office Mls Id: GNR1574
  • Co List Office Mls Id: GNR1574
  • Subdivision Name: none
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Stone
  • GNR_UnfinishedSquareFootage: 108
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Finished Laundry Rm, Formal Dining, FP Living/Great Room, Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Related Living
  • Basement: Walk Out
  • Total Bedrooms: 5
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Fence, In Ground Pool, Patio, Pole Barn, Storage Shed
  • Acres: 1.98

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Attached, Detached, Garage Door Opener, Off Street, Pole Barn, Side Drive

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: IRREGULAR
  • Lot Size Sq Ft: 86249
  • Parcel #: 451523227001000043

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3280

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 30, 2016
Sold by
Horn Roy L and Horn Janis
Bought by
Gonzalez Marcos J
Seller's Agent
Michael Fryzel
@properties/Christie's Intl RE
List Price
$256,000
Sold Price
$256,000
Current Estimated Value
$438,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,471
Avg. Annual Appreciation
5.99%
Original Mortgage
$251,363
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2012
Sold by
Horn Roy L
Bought by
Horn Roy L and Horn Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Tcif Reo1 Llc
Bought by
Horn Roy L

Purchase Details

Closed on
Aug 5, 2005
Sold by
Concepcion Zaida Iris and Ramos Jesus L
Bought by
Tcif Reo1 Llc
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
Gonzalez Marcos J -- None Available
Horn Roy L -- None Available
Horn Roy L -- Security Title
Tcif Reo1 Llc $157,695 Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Marcos J $251,363
Previous Owner Horn Roy L $195,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $256,000 0.0% $63 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $256,000 -- $63 / 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 $8,134 $314,300 $72,000 $242,300
2023 $3,609 $292,300 $72,000 $220,300
2022 $3,609 $282,500 $72,000 $210,500
2021 $3,364 $272,500 $72,000 $200,500
2020 $3,557 $286,400 $72,000 $214,400
2019 $3,469 $272,000 $72,000 $200,000
2018 $3,670 $258,300 $72,000 $186,300
2017 $3,676 $251,100 $72,000 $179,100
2016 $3,339 $221,900 $72,000 $149,900
2014 $3,280 $234,400 $72,000 $162,400
2013 $3,191 $223,700 $72,000 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR389885

Northwest Indiana Association of REALTORS®

APN: 45-15-23-227-001.000-043