NOT LISTED FOR SALE

13649 Wicker Ave Cedar Lake, IN 46303

Estimated Value: $6,905,732

1.1 Acres
$6,266,544 Price per Acre
48,003 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $160,000

Est. 4,216% increase in value since last sale

Current estimated payment $49,529/month

261 Days on Market

About This Lot

As of November 2021

LOCATION -- LOCATION !!! Not many commercial frontage lots left on Rt 41!!! This 151' frontage lot is 215 +/- ' deep, public sewer available, ingress/egress established by a shared entrance. Loads of possibilities, northbound traffic pattern with a close cross over!! North of the Hanover Middle School. Loads of visibility and in a great spot for B 1 and 2 uses..

Last Agent to Sell the Property

Shelly Faber

McColly Real Estate License #RB14044470 Listed on: 02/05/2021

McColly Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,185

Lot Details

  • 1.1 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Zoning described as BUSO

Listing and Financial Details

  • Assessor Parcel Number 451528157004000014

Property Details

Property Type

Land

Est. Annual Taxes

$1,185

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Nearly Level
  • Road Frontage Type: Paved Road, State Road
  • Co List Office Mls Id: GNR898
  • Subdivision Name: NONE
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Car Lot, Car Wash, Convenience Store, Flex Space, Commercial, Medical, Office, Public Use, Recreational, Research & Develop, Restaurant, Retail, Mixed Use

Exterior Features

  • Acres: 1.102

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48003
  • Parcel #: 451528157004000014
  • Zoning Description: BUSO

Tax Info

  • Tax Annual Amount: 1185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Cl Self-Storage Llc
Bought by
Storsafe Of Cedar Lake Llc
Current Estimated Value
$6,905,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,225,000
Outstanding Balance
$3,669,421
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2022
Sold by
Cedar Lake Ulock Llc
Bought by
Cl Self-Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2020
Sold by
Kc Llc
Bought by
Cedar Lake Ulock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2013
Sold by
Koehler Terrence and Koehler Jill
Bought by
Kc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Storsafe Of Cedar Lake Llc -- None Listed On Document
Cl Self-Storage Llc -- Greater Indiana Title Company
Cedar Lake Ulock Llc -- Chicagotitle Co
Kc Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storsafe Of Cedar Lake Llc $5,225,000
Previous Owner Cl Self-Storage Llc $5,000,000
Previous Owner Cedar Lake Ulock Llc $3,750,000
Previous Owner Kc Llc $1,330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $160,000 0.0% --
10/24/2021 10/24/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $160,000 -- --
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 $158,451 $5,891,700 $2,435,500 $3,456,200
2023 $90,830 $5,959,700 $2,435,500 $3,524,200
2022 $90,830 $3,815,600 $610,000 $3,205,600
2021 $76,037 $3,465,900 $509,500 $2,956,400
2020 $29,033 $1,262,400 $509,500 $752,900
2019 $29,415 $1,240,700 $509,500 $731,200
2018 $30,755 $1,253,000 $509,500 $743,500
2017 $32,339 $1,233,500 $509,500 $724,000
2016 $32,323 $1,201,100 $509,500 $691,600
2014 $26,087 $1,124,300 $509,500 $614,800
2013 $26,875 $1,094,900 $509,500 $585,400
Source: Public Records

Agents Affiliated with this Home

  • Shelly Faber

    Seller's Agent in 2021

    Shelly Faber

    McColly Real Estate

    (219) 775-1799

    72 in this area

    110 Total Sales

    Shelly Faber
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR488055

Northwest Indiana Association of REALTORS®

APN: 45-15-28-157-008.000-014

Indiana Lake County Cedar Lake 46303

13649 Wicker Ave, Cedar Lake, IN

Not Listed for Sale

Lots

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