NOT LISTED FOR SALE

12988 Colfax St Cedar Lake, IN 46303

Estimated Value: $223,000 - $262,000

4 Beds
2 Baths
1,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $152,000 $95 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,711/month

161 Days on Market

Highlights

  • Detached Garage
  • Douglas MacArthur Elementary School Rated A
  • Community Storage Space

About This Home

As of October 2018

Don't miss out on this income producing Duplex! Both sides are rented! One side has a detached garage. POF required before all showings.

Last Agent to Sell the Property

Heather Dessauer

Anton Agency License #RB14051486 Listed on: 04/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot

Home Design

  • 1,600 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 451523427026000043

Community Details

Overview

  • 2 Units
  • Lemon Lake Estates Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Fenced around community

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Fenced Yard, Pets Allowed, Storage Shed
  • Co List Office Mls Id: GNR1278
  • Subdivision Name: Lemon Lake Estates
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.3214

Garage/Parking

  • Parking Features: Detached, Off Street

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Size Sq Ft: 14000
  • Parcel #: 451523427026000043

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Laud James M
Bought by
James M Laud Jr Living Trust and Laud
Current Estimated Value
$239,173

Purchase Details

Listed on
Apr 9, 2018
Closed on
Oct 17, 2018
Sold by
Taylor John R
Bought by
Laud James M
Seller's Agent
Heather Dessauer
Anton Agency
List Price
$152,000
Sold Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$149,216
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 27, 2015
Closed on
Jan 27, 2016
Sold by
Wells Steven W and Wells Nancy A
Bought by
Taylor John R
Seller's Agent
Don Ready
Benchmark Realty, Inc.
Buyer's Agent
Christine Hall
Realty Executives Premier
List Price
$131,000
Sold Price
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$98,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Wells Steven W and Wells Nancy A
Bought by
Wells Steven W and Wells Nancy A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
James M Laud Jr Living Trust -- None Listed On Document
Laud James M -- Heartland Title Services Inc
Taylor John R -- Meridian Title Corp
Wells Steven W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laud James M $149,216
Previous Owner Taylor John R $98,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $152,000 0.0% $95 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $152,000 +16.0% $95 / Sq Ft
01/29/2016 01/29/16 Sold $131,000 0.0% $82 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/27/2015 11/27/15 For Sale $131,000 -- $82 / 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 $5,315 $202,500 $34,900 $167,600
2023 $2,904 $191,000 $34,900 $156,100
2022 $2,904 $191,700 $34,900 $156,800
2021 $2,473 $184,900 $23,900 $161,000
2020 $2,366 $173,100 $23,900 $149,200
2019 $2,200 $159,700 $23,900 $135,800
2018 $2,172 $153,900 $23,900 $130,000
2017 $3,770 $150,300 $23,900 $126,400
2016 $3,950 $151,100 $23,900 $127,200
2014 $3,521 $145,200 $23,900 $121,300
2013 $3,624 $145,100 $23,900 $121,200
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heather Dessauer

    Anton Agency

    (219) 776-7097

    7 in this area

    26 Total Sales

    Heather Dessauer
    Section Image

  • D

    Seller's Agent in 2016

    Don Ready

    Benchmark Realty, Inc.

    Section Image
  • Christine Hall

    Buyer's Agent in 2016

    Christine Hall

    Realty Executives

    (219) 677-6540

    5 in this area

    140 Total Sales

    Christine Hall
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR432834

Northwest Indiana Association of REALTORS®

APN: 45-15-23-427-026.000-043

Indiana Lake County Cedar Lake 46303

12988 Colfax St, Cedar Lake, IN

This home is located at 12988 Colfax St, Cedar Lake, IN 46303 since 09 April 2018 and is currently estimated at $239,173, approximately $149 per square foot. This property was built in 1977. 12988 Colfax St is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft Middle School, and Crown Point High School.

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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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