$750,000
SOLD OCT 4, 2021

14226 King Dr Cedar Lake, IN 46303

4 Beds
3.5 Baths
2,573 Sq Ft
0.55 Acres

Recently Sold

$291 Per Sq Ft

74 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • 0.55 Acre Lot
  • Douglas MacArthur Elementary School Rated A
  • Lake On Lot
  • Deck

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 #RB14037576 Listed on: 06/04/2021

McColly Real Estate

Last Buyer's Agent

Jessica Ivin

Better Homes and Gardens Real License #RB18001005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,844

Year Built

  • Built in 1924

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 70x342.25
  • Lake Front
  • Landscaped
  • Hilly Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2,573 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Living Room
  • Dining Room
  • Lake Views
  • Walk-Out Basement

Kitchen

  • Portable Gas Range
  • Range Hood
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Access To Lake
  • Boathouse
  • Lake On Lot
  • Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Well
  • Water Softener is Owned
  • TV Antenna

Community Details

  • Cedar Lake Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451535105010000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,844

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Hilly, Lake On Property, Lake Access, Lake Front, Lake View, Landscaped, Water Rights, Wooded
  • ResoOtherEquipment: TV Antenna
  • Co List Office Mls Id: GNR254
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Cedar Lake
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Stone
  • GNR_UnfinishedSquareFootage: 3298
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Portable Gas Range, Range Hood, Refrigerator, Trash Compactor, Water Softener Owned
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Related Living, Skylight(s)
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Boat House, Porch-Covered, Deck
  • Acres: 0.55

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 70x342.25
  • Lot Size Sq Ft: 23958
  • Parcel #: 451535105010000043

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7844

Multi Family

  • Existing Lease Type: Net

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%
Total Days on Market
74
Current Estimated Value
$696,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,389
Avg. Annual Appreciation
-1.87%
Original Mortgage
$600,000
Outstanding Balance
$549,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$147,098
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 Type Sale Price Title Company
Personal Reps Deed $750,000 Community Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
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: 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 $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: Northwest Indiana Association of REALTORS®

MLS Number: GNR493850

Northwest Indiana Association of REALTORS®

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