1502 Island Blvd Lowell, IN 46356
Cedar Creek NeighborhoodEstimated payment $1,826/month
Highlights
- River Front
- No HOA
- Living Room
- Lowell Senior High School Rated 9+
- Balcony
- Tile Flooring
About This Home
KANKAKEE RIVER WATERFRONT RETREAT COMPLETELY REBUILT & TURNKEY! This exceptional 2-bedroom, 2-bath waterfront home has been completely rebuilt by the owners, transforming it into a beautiful and unique riverfront retreat. Currently operating as a high-producing Airbnb while also serving as the owners' private retreat, this property offers the rare opportunity to purchase an established income-producing waterfront home that can also be enjoyed personally. Situated at the end of a quiet street, this 1,480sq/ft home offers direct access to the Kankakee River and is surrounded by more than 30,000 acres of public land, wildlife areas and nature preserves. ALL furniture, appliances, decor, kitchenware, games, televisions and contents are negotiable...Inside, the home features a charming 2-story layout with a full kitchen, dining room, living room, playroom area and full bath on the main level. Upstairs are two spacious bedrooms, each featuring a mezzanine with beautiful river views, plus access to a large balcony and a second full bath. One bedroom offers a king-size bed, while the second includes a queen bed and two twin beds. The home's distinctive retro-inspired design gives it exceptional personality and character...Outdoor living is where this property truly shines. Enjoy your morning coffee overlooking the river, fish from the private dock, gather around the fire pit, relax on the deck or take in the scenery from the expansive upstairs balcony. The Kankakee River provides endless opportunities for kayaking, canoeing, paddleboarding, boating, tubing and fishing, with a rebuilt public boat launch just blocks away. The surrounding area also offers exceptional opportunities for hiking, wildlife watching, fishing and hunting...Additional features include a 9 x 18 storage shed, paved driveway, carport, fireplace, multiple entertaining areas and low taxes. The home is fully furnished and equipped for immediate enjoyment, making this a TRUE TURNKEY WATERFRONT OPPORTUNITY.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,499
Year Built
- Built in 1957
Lot Details
- 5,358 Sq Ft Lot
- River Front
Interior Spaces
- 1,480 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Living Room
- Water Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Well
- Cable TV Available
Community Details
- No Home Owners Association
- Unre Shady Shores Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 452433154002000007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,333 | $98,000 | $8,200 | $89,800 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $299,000 | +88.1% | $202 / Sq Ft | |
| 02/14/2024 02/14/24 | Sold | $159,000 | -11.2% | -- | View Prior Sale |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- | |
| 01/06/2024 01/06/24 | For Sale | $179,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Chicago Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $143,100 | New Conventional |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 844296
APN: 45-24-33-154-002.000-007
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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