NOT LISTED FOR SALE

1502 Island Blvd Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $144,000 - $155,000

1 Bed
2 Baths
-- Sq Ft
5,358 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $159,000

Est. 5% decrease in value since last sale

Current estimated payment $962/month

9 Days on Market

Highlights

  • Sun or Florida Room
  • Balcony
  • Fireplace in Basement
  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of February 2024

1320 sq ft house on the KANKAKEE RIVER. This WATER FRONT beauty is right in the middle of over 30,000 acres of public land, refuge area, and fish & wildlife areas. (Lasalle FWA, Willow Slough, Kankakee Sands, Beaver Lake Refuge, Grand Kankakee Marsh, etc.) These areas offer hiking, bird watching, and public fishing & hunting. This place is truly a nature lover's dream. The river offers canoe, paddle board, kayak, boat & mild jet-ski action or use of a small pontoon. There is a covered boat area that cantilevers over the river. It has an electric hoist to put all your toys in and out of the river. Any bigger items can be launched at the public boat launch just blocks away. The 2nd floor was added in 1998. The upstairs is an open concept and could easily be converted into 2 regular size bedrooms...covered carport, fireplace, 3 seasons room, storage shed and large balcony overlooking the river. It needs some TLC but it's rock solid...appliances included...cheap taxes. GREAT VRBO or AIRBNB

Last Listed By

David Harkabus

BHHS Executive Realty Brokerage Phone: 219-313-1669 License #RB14042838 Listed on: 01/06/2024

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1957

Lot Details

  • 5,358 Sq Ft Lot
  • Lot Dimensions are 50 x 107

Parking

  • Carport

Interior Spaces

  • 2-Story Property
  • Sun or Florida Room
  • Fireplace in Basement

Kitchen

  • Portable Gas Range
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 452433154002000007

Community Details

Overview

  • No Home Owners Association
  • Unre Shady Shores Add Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Unre Shady Shores Add
  • Architectural Style: Two Story
  • GNR_Exterior: None
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-313-1669
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: FP Lower Level, Sun Room
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony, Storage Shed
  • Acres: 0.123

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 107
  • Lot Size Sq Ft: 5358
  • Parcel #: 452433154002000007

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1248

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2025
Sold by
Scherr Haylie and Scherr Christopher G
Bought by
1502 Island Boulevard Llc
Total Days on Market
9
Current Estimated Value
$150,622

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 8, 2024
Sold by
Jenkins Ted
Bought by
Scherr Haylie
Seller's Agent
David Harkabus
BHHS Executive Realty
List Price
$179,000
Sold Price
$159,000
Premium/Discount to List
-$20,000
-11.17%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$143,100
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2023
Sold by
Jenkins Todd J
Bought by
Jenkins Ted

Purchase Details

Closed on
Aug 9, 2023
Sold by
Wes Jenkins Builders Inc
Bought by
Jenkins Todd J

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
1502 Island Boulevard Llc -- None Listed On Document
Scherr Haylie $159,000 Chicago Title
Jenkins Ted -- None Listed On Document
Jenkins Todd J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherr Haylie $143,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $159,000 -11.2% --
01/15/2024 01/15/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $179,000 -- --
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 $1,525 $80,000 $7,700 $72,300
2023 $1,272 $78,900 $7,700 $71,200
2022 $1,249 $75,000 $7,700 $67,300
2021 $1,065 $65,400 $7,700 $57,700
2020 $1,018 $64,600 $7,700 $56,900
2019 $1,108 $64,600 $7,700 $56,900
2018 $1,070 $62,300 $7,700 $54,600
2017 $1,082 $59,100 $6,100 $53,000
2016 $1,092 $61,700 $6,100 $55,600
2014 $1,113 $64,900 $6,200 $58,700
2013 $1,154 $65,200 $6,200 $59,000
Source: Public Records

Agents Affiliated with this Home

  • David Harkabus

    Seller's Agent in 2024

    David Harkabus

    BHHS Executive Realty

    (219) 313-1669

    4 in this area

    71 Total Sales

    David Harkabus
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Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR540527

Northwest Indiana Association of REALTORS®

APN: 45-24-33-154-002.000-007

Indiana Lake County Lowell 46310 Cedar Creek

1502 Island Blvd, Lowell, IN

Homes for Sale in Lowell, IN

This home is located at 1502 Island Blvd, Lowell, IN 46356 since 06 January 2024 and is currently estimated at $150,622. This property was built in 1957. 1502 Island Blvd is a home located in Lake County with nearby schools including Lowell Middle School and Lowell Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.