NOT LISTED FOR SALE

1340 Lake Ave Whiting, IN 46394

Estimated Value: $201,000 - $225,000

3 Beds
1.5 Baths
1,550 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $139,000 $90 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,402/month

21 Days on Market

Highlights

  • Deck
  • Country Kitchen
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Fenced

About This Home

As of August 2020

Nice well built 2 story home in Whiting. Home features huge living room, large eat in kitchen, 3 bedrooms, 1.5 baths, full unfinished basement, detached 2.5 car garage, and fenced yard. A short walk to Lake Michigan. In need of minor cosmetics.

Last Agent to Sell the Property

John Lopez

McColly Real Estate License #RB14037914 Listed on: 06/29/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1927

Lot Details

  • 4,920 Sq Ft Lot
  • Lot Dimensions are 40x123
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Basement

Kitchen

  • Country Kitchen
  • Gas Range
  • Range Hood
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Forsyth Sheffield Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450306303029000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,496

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Paved Road, Sidewalks
  • ResoOtherEquipment: Whole House Fan
  • Co List Office Mls Id: GNR102
  • Subdivision Name: Forsyth Sheffield Sub
  • Architectural Style: Two Story
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 675
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Range Hood, Washer, Window/Wall Air Cond
  • Interior Amenities: Country Kitchen, FP Living/Great Room, Main Floor Bathroom, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck, Fence
  • Acres: 0.1129

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 40x123
  • Lot Size Sq Ft: 4920
  • Parcel #: 450306303029000023

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1496

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 26, 2020
Sold by
Ferko Cynthia C and Ferko Randall
Bought by
Rodrigunez Tamara
Seller's Agent
John Lopez
McColly Real Estate
List Price
$139,000
Sold Price
$139,000
Current Estimated Value
$214,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,955
Avg. Annual Appreciation
9.61%
Original Mortgage
$132,050
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Ferko Randall J and Ferko Cynthia C
Bought by
Ferko Randall J and Ferko Cynthia C
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
Rodrigunez Tamara -- Community Title Company
Randall And Cynthia Ferko Living Trust -- Community Title Company
Randall And Cynthia Ferko Living Trust -- Community Title Company
Ferko Randall J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodrigunez Tamara $132,050
Previous Owner Ferko Cynthia $48,000
Previous Owner Ferko Randall J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $139,000 0.0% $90 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $139,000 -- $90 / 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 $7,820 $203,600 $32,100 $171,500
2023 $2,111 $163,600 $33,500 $130,100
2022 $2,046 $157,100 $33,500 $123,600
2021 $1,838 $141,400 $16,800 $124,600
2020 $1,544 $120,700 $16,800 $103,900
2019 $1,455 $107,900 $16,800 $91,100
2018 $1,496 $103,900 $16,800 $87,100
2017 $1,612 $101,600 $16,800 $84,800
2016 $1,276 $91,500 $16,800 $74,700
2014 $1,275 $94,500 $16,800 $77,700
2013 $1,234 $94,400 $16,800 $77,600
Source: Public Records

Agents Affiliated with this Home

  • John Lopez

    Seller's Agent in 2020

    John Lopez

    McColly Real Estate

    (219) 670-9999

    2 in this area

    48 Total Sales

    John Lopez
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR477040

Northwest Indiana Association of REALTORS®

APN: 45-03-06-303-029.000-023

Indiana Lake County Whiting 46394

1340 Lake Ave, Whiting, IN

This home is located at 1340 Lake Ave, Whiting, IN 46394 since 29 June 2020 and is currently estimated at $214,955, approximately $138 per square foot. This property was built in 1927. 1340 Lake Ave is a home located in Lake County with nearby schools including Benjamin Franklin Elementary School, Eggers Middle School, and Hammond 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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