NOT LISTED FOR SALE

14146 Lauerman St Cedar Lake, IN 46303

Estimated Value: $202,000 - $220,002

3 Beds
2 Baths
1,496 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $175,000 $117 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,547/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Patio
  • Main Floor Bedroom
  • Cooling Available
  • Living Room

About This Home

As of July 2022

She ain't pretty but she's cheap! FULLY Tenantable & was occupied just a few weeks ago. Rents w/a little sprucing up throwing some paint & carpet around + basic lawn & maintenance can pull $1,650mo conservatively so for the savvy investor who knows the game to Cash flow it for 7-8 years then renovate & resell for MAX CASH OUT ROI. Comps in area now for a 3bed / 2 car garage near the LAKE and on a basement pushing 250K so if not looking for some passive income and just looking to flip that's welcome as well. DAYlight basement and home was basically remodeled 7-10yrs ago that includedWINDOWS - ROOF- DRYWALL - PLUMBING - ELECTRICAL - INSULATION IN CEILINGS & WALLS - FIXTURES & HARDWARE. That was then - still all newer but prior inhabitants preferred living in squalor so off they went. SELLING AS IS otherwise if seller had the time would add flooring & paint and start over but TIME they don't have. Inspect prior to offering - Ask an agent for offer requirements. Offers Reviewed June 1st

Last Listed By

John Schupp

SCHUPP Real Estate License #RB14033846 Listed on: 05/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1936

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55x134
  • Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • Living Room
  • Natural lighting in basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Valleys Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451534202004000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Co List Office Mls Id: GNR1120
  • Subdivision Name: Valleys
  • Architectural Style: Cape Cod
  • GNR_Exterior: Cement Block,Vinyl
  • GNR_UnfinishedSquareFootage: 748
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, Patio
  • Acres: 0.13

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 55x134
  • Lot Size Sq Ft: 5663
  • ResoLotSizeUnits: Acres
  • Parcel #: 451534202004000014
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1015

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
Schoenecker Ronald
Bought by
Promnitz Timothy P and Promnitz Curtis L
Total Days on Market
7
Current Estimated Value
$211,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$135,392
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$72,575

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 6, 2022
Sold by
Ronald Schoenecker
Bought by
Promnitz Timothy P and Promnitz Curtis L
Seller's Agent
John Schupp
SCHUPP Real Estate
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$140,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Ward Blanche
Bought by
Schoenecker Ronald and Schoenecker Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.79%
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
Promnitz Timothy P -- State Street Title
Schoenecker Ronald -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Promnitz Timothy P $140,000
Previous Owner Promnitz Timothy P $140,000
Previous Owner Schoenecker Ronald $124,800
Previous Owner Schoenecker Ronald $87,200
Previous Owner Schoenecker Ronald L $15,000
Previous Owner Schoenecker Ronald $87,500
Previous Owner Schoenecker Ronald $75,000
Previous Owner Schoenecker Ronald $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $175,000 0.0% $117 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $175,000 -- $117 / 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 $4,376 $170,700 $29,100 $141,600
2023 $1,258 $164,600 $23,300 $141,300
2022 $1,258 $130,900 $23,300 $107,600
2021 $1,015 $120,800 $22,000 $98,800
2020 $722 $97,900 $17,900 $80,000
2019 $676 $93,500 $17,900 $75,600
2018 $673 $91,800 $17,900 $73,900
2017 $700 $90,700 $17,900 $72,800
2016 $804 $95,600 $17,900 $77,700
2014 $614 $90,300 $17,800 $72,500
2013 $630 $89,100 $17,800 $71,300
Source: Public Records

Agents Affiliated with this Home

  • John Schupp

    Seller's Agent in 2022

    John Schupp

    SCHUPP Real Estate

    (219) 775-2373

    22 in this area

    330 Total Sales

    John Schupp
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR512544

Northwest Indiana Association of REALTORS®

APN: 45-15-34-202-004.000-014

Indiana Lake County Cedar Lake 46303

14146 Lauerman St, Cedar Lake, IN

This home is located at 14146 Lauerman St, Cedar Lake, IN 46303 since 25 May 2022 and is currently estimated at $211,501, approximately $141 per square foot. This property was built in 1936. 14146 Lauerman St is a home located in Lake County with nearby schools including Jane Ball Elementary School, Hanover Central Middle School, and Hanover Central High School.

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