NOT LISTED FOR SALE

14226 King Dr Cedar Lake, IN 46303

Estimated Value: $288,000 - $910,996

4 Beds
4 Baths
2,573 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $750,000 $291 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,262/month

Highlights

  • Detached Garage
  • Douglas MacArthur Elementary School Rated A
  • Brick or Stone Mason

About This Home

As of October 2021

LAKEFRONT HOME on .55 acres with spacious LAKE FRONTAGE measuring 70 feet! LOCATED 45 MIN SOUTHEAST OF CHICAGO on Cedar Lake, a community bustling with new development and beautification of its glacial roots. Live the LAKE LIFE you've been dreaming of in this custom-built, brick and cultured stone 2 story home with walkout. BOATING, WATER SKIING, TUBING, JET SKIING, SWIMMING, KAYAKING, CANOEING and FISHING are right outside your back door! Enjoy breathtaking sunsets over the lake from the HUGE cedar plank covered balcony complete with French doors, ceramic floors and stainless steel railings. The updated kitchen has GRANITE tops and floors and VIKING STAINLESS STEEL appliances. Find SOLID OAK FLOORING and trim throughout, 4 bedrooms, 3.5 baths and a walk out. The property boasts 150 feet of dock, a boathouse, and a 3-car garage with loft. A main level master, 2nd master suite and an unfinished loft with skylights make this home ideal for related living. Schedule your showing today!

Last Agent to Sell the Property

Wendy Embry

McColly Real Estate License #471021818 Listed on: 08/04/2021

McColly Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,345

Year Built

  • 1954

Lot Details

  • 0.55

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2,573 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,345

Year Built

1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: RT 41 to W 109th Ave/US 231-S east on w 109th/US 231 to Cline Ave. Take the 2nd exit of roundabout onto Lake Shore Drive, take a slight right on Morse, turn right on W 143rd Ave, take the first right onto King Drive to property.
  • Lot Size: 70 X 342.25
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 2573
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2573
  • Basement Sq Ft: 1890
  • Total Sq Ft: 4463
  • Unfinished Basement Sq Ft: 1890
  • Upper Level Sq Ft: 683
  • Main Level Sq Ft: 1890
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Other Room, Bonus Room

Exterior Features

  • Exterior Building Type: Brick,Stone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam, Other
  • Sewer: Public Sewer
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 7884
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 4, 2021
Sold by
Macis Bradford and Macis Candice
Bought by
Loughlin Kevin M
Seller's Agent
Wendy Embry
McColly Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Current Estimated Value
$676,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,751
Avg. Annual Appreciation
-1.83%
Original Mortgage
$600,000
Outstanding Balance
$549,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$147,098
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
Loughlin Kevin M $750,000 Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loughlin Kevin M $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $750,000 0.0% $291 / Sq Ft
10/04/2021 10/04/21 Sold $750,000 -9.5% $291 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $829,000 +10.5% $322 / Sq Ft
06/04/2021 06/04/21 For Sale $750,000 -- $291 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $21,345 $810,200 $198,000 $612,200
2023 $8,548 $767,100 $198,000 $569,100
2022 $8,548 $757,800 $198,000 $559,800
2021 $7,951 $706,800 $198,000 $508,800
2020 $7,844 $691,800 $198,000 $493,800
2019 $7,849 $692,000 $198,000 $494,000
2018 $9,930 $670,200 $198,000 $472,200
2017 $9,350 $616,800 $198,000 $418,800
2016 $9,833 $621,900 $198,000 $423,900
2014 $9,020 $615,400 $198,000 $417,400
2013 $9,487 $619,700 $198,000 $421,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11182054

Midwest Real Estate Data (MRED)

APN: 45-15-35-105-010.000-043