NOT LISTED FOR SALE

14529 Morse St Cedar Lake, IN 46303

Estimated Value: $214,000 - $253,000

3 Beds
1 Bath
1,353 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $110,000 $81 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,650/month

171 Days on Market

Highlights

  • 0.54 Acre Lot
  • Recreation Room
  • Ranch Style House
  • Douglas MacArthur Elementary School Rated A
  • Wooded Lot
  • Corner Lot

About This Home

As of July 2018

In Cedar Lake, Indiana with the Cedar Lake being the largest natural lake in Northwest Indiana comprising approximately 780 acres. Located only 1 hour from Chicago, seller is offering this limestone & sided ranch home with 3 bedrooms, 1 bath and 2 car garage including a 0.29 acre wooded lot to the east for a total area of 0.54 +/- acres on 9 lots. Breakfast area, bedrooms and living room have hardwood floors. Family room has carpeting. Located across from South Shore Golf Course and within walking distance of a popular ice cream restaurant. Crown Point School System. Property taxes would be lower if homeowner's principal residence. Seller is providing 1-yr limited home warranty to successful Buyer. Offered BELOW total assessed value of $163,000.

Last Agent to Sell the Property

Dennis Keithley

McColly Real Estate License #RB14041334 Listed on: 10/23/2017

McColly Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100x107
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as B-1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Side Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,353 Sq Ft Home
  • Living Room
  • Recreation Room
  • Screened Porch
  • Portable Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Satellite Dish

Community Details

  • Shades Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451535403010000043

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Paved Road, Wooded
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: GNR258
  • Subdivision Name: Shades Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Stone,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Baseboard,Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch Screened
  • Acres: 0.54

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Side Drive

Utilities

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

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 100x107
  • Lot Size Sq Ft: 23522
  • ResoLotSizeUnits: Acres
  • Parcel #: 451535403010000043
  • Zoning Description: B-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3835

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jul 25, 2018
Sold by
Tortorici Dorothy Ann and Dorothy Ann Tortorici Trust
Bought by
Walton Joel A
Seller's Agent
Dennis Keithley
McColly Real Estate
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$233,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,388
Avg. Annual Appreciation
10.76%
Original Mortgage
$104,500
Outstanding Balance
$90,565
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$142,823

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jul 18, 2018
Sold by
Town Of Cedar Lake Lake County Indianan
Bought by
Tortorici Sam Kenneth and Tortorici Dorothy Ann
Seller's Agent
Dennis Keithley
McColly Real Estate
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Outstanding Balance
$90,565
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$142,823
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
Walton Joel A -- Community Title Co
Tortorici Sam Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Joel A $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $110,000 0.0% $81 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $110,000 -- $81 / 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 $5,117 $201,800 $28,900 $172,900
2023 $1,920 $183,900 $28,900 $155,000
2022 $1,872 $170,700 $28,900 $141,800
2021 $1,514 $158,200 $28,900 $129,300
2020 $1,442 $148,500 $28,900 $119,600
2019 $1,457 $145,800 $28,900 $116,900
2018 $1,558 $148,500 $28,900 $119,600
2017 $3,835 $152,900 $28,900 $124,000
2016 $3,918 $149,900 $28,900 $121,000
2014 $3,531 $145,600 $28,900 $116,700
2013 $3,649 $146,100 $28,900 $117,200
Source: Public Records

Agents Affiliated with this Home

  • Dennis Keithley

    Seller's Agent in 2018

    Dennis Keithley

    McColly Real Estate

    (219) 794-4672

    1 in this area

    48 Total Sales

    Dennis Keithley
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR424315

Northwest Indiana Association of REALTORS®

APN: 45-15-35-403-010.000-043

Indiana Lake County Cedar Lake 46303

14529 Morse St, Cedar Lake, IN

Not Listed for Sale

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