Seller's Agent in 2022
John Schupp
SCHUPP Real Estate
(219) 775-2373
22 in this area
336 Total Sales
14146 Lauerman St Cedar Lake, IN 46303
Estimated Value: $192,000 - $213,000
3
Beds
2
Baths
1,496
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 2 Car Detached Garage
- Patio
- Main Floor Bedroom
- Cooling Available
- Living Room
About This Home
As of July 2022She 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
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
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
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
6.31%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
Similar Homes in Cedar Lake, IN
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR512544
APN: 45-15-34-202-004.000-014
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