NOT LISTED FOR SALE

1537 Kennedy Ave Schererville, IN 46375

Estimated Value: $208,000 - $226,000

3 Beds
1 Bath
1,122 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $156,000 $139 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,398/month

34 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • 2.5 Car Detached Garage
  • Homan Elementary School Rated A
  • Ranch Style House
  • Enclosed Patio or Porch

About This Home

As of December 2021

1537 Kennedy. Come take a look at this One Level Ranch that has plenty of charm near downtown Schererville. This is a 3 bedrooms, 1 bathroom home which features an enclosed back porch, fenced yard, side drive and 2.5 car garage. In addition to having an antique wood burning heater in the living room there is also and Gas, Forced Air Furnace and Central Air. Don't miss this opportunity own this solid built home.

Last Agent to Sell the Property

Rachel Peers-Port

Realty Executives Premier License #RB14043998 Listed on: 10/15/2021

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1960

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 65 x 121
  • Fenced
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Wood Burning Stove
  • Living Room
  • Portable Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Storage Shed

Schools

  • Lake Central High School

Utilities

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

Community Details

  • Acre Homestead Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451109452002000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1347
  • Co List Office Mls Id: GNR1347
  • Subdivision Name: Acre Homestead Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, Main Bedroom Bath, Main Floor Bathroom, Main Floor Laundry, Wood Burning Stove
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Fence, Storage Shed, Tool Shed
  • Acres: 0.181

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas, Wood Stove

Lot Info

  • Lot Dimensions: 65 x 121
  • Lot Size Sq Ft: 7884
  • Parcel #: 451109452002000036

Tax Info

  • Year: 2020
  • Tax Annual Amount: 836

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Lake Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 5, 2022
Sold by
Poston Patricia A
Bought by
Velez Eric and Velez Hope
Seller's Agent
Rachel Peers-Port
Realty Executives Premier
List Price
$156,000
Sold Price
$156,000
Current Estimated Value
$215,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,294
Avg. Annual Appreciation
8.73%
Original Mortgage
$124,800
Outstanding Balance
$115,034
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$100,260

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 29, 2021
Sold by
Poston Patricia A
Bought by
Velez Eric and Velez Hope
Seller's Agent
Rachel Peers-Port
Realty Executives Premier
List Price
$156,000
Sold Price
$156,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Outstanding Balance
$115,034
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$100,260

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 22, 2021
Sold by
Poston Patricia A
Bought by
Velez Eric and Velez Hope
Seller's Agent
Rachel Peers-Port
Realty Executives Premier
List Price
$156,000
Sold Price
$156,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Outstanding Balance
$115,034
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$100,260
Source: Public Records

Range of Values:

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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
Velez Eric -- Northwest Indiana Title
Velez Eric -- Northwest Indiana Title
Velez Eric -- Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Eric $124,800
Closed Velez Eric $124,800
Closed Velez Eric $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $156,000 0.0% $139 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $156,000 -- $139 / 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 $3,224 $175,600 $30,800 $144,800
2023 $2,781 $158,300 $30,800 $127,500
2022 $1,033 $135,400 $30,800 $104,600
2021 $938 $128,600 $30,800 $97,800
2020 $836 $118,100 $16,400 $101,700
2019 $1,093 $129,100 $21,500 $107,600
2018 $674 $96,500 $21,500 $75,000
2017 $632 $95,900 $21,500 $74,400
2016 $534 $88,000 $21,500 $66,500
2014 $455 $86,300 $21,500 $64,800
2013 $455 $85,300 $21,500 $63,800
Source: Public Records

Agents Affiliated with this Home

  • Rachel Peers-Port

    Seller's Agent in 2021

    Rachel Peers-Port

    Realty Executives

    (219) 613-7520

    9 in this area

    149 Total Sales

    Rachel Peers-Port
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR502713

Northwest Indiana Association of REALTORS®

APN: 45-11-09-452-002.000-036

Indiana Lake County Schererville 46375

1537 Kennedy Ave, Schererville, IN

This home is located at 1537 Kennedy Ave, Schererville, IN 46375 since 15 October 2021 and is currently estimated at $215,294, approximately $191 per square foot. This property was built in 1960. 1537 Kennedy Ave is a home located in Lake County with nearby schools including Homan Elementary School, Michael Grimmer Middle School, and Lake Central 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.

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