NOT LISTED FOR SALE

163 Island Dr Lowell, IN 46356

Estimated Value: $309,000 - $400,150

2 Beds
2 Baths
1,476 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $340,000 $230 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,501/month

54 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Covered Patio or Porch
  • Lowell Senior High School Rated 9+
  • Deck
  • Skylights

About This Home

As of February 2023

LAKE FRONT with over 100' frontage... Lakeview with sunrise, lakeview with sunset. North and Southsides are surrounded by lake views. Come and sit a while in the 3 season room. Enjoy nature and the sound of quiet. Lake Dale is offering 2.5 lots on the lake and across the street more water views for you to take in. If water makes your day go better, than you should have a look at this place. It will make your year! I know it's dated, but you can change those minor details the way you want them. Make this house your new home on the lake. Ice skating season is coming right up... year round activities for when you are snowed in! Warm up by the wood burning fireplace and bake some cookies after pulling the sled on the lake. Endless summer time fun will be had by the everyone.Barrier free access complete with wheel chair lift.

Last Agent to Sell the Property

Myra Harris

McColly Real Estate License #RB14028176 Listed on: 11/07/2022

McColly Real Estate

Last Buyer's Agent

Susan Mender

Listing Leaders MVPs License #RB17002189

Listing Leaders MVPs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1946

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 113 x 123
  • Lake Front
  • Landscaped

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Skylights
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Carpet
  • Lake Views
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Lowell Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 451901306018000007

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Dale Poa, Phone Number (219) 696-0771
  • Dalecarlia Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake On Lot, Landscaped, Level, Other, Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • Co List Office Mls Id: NRA258
  • Subdivision Name: Dalecarlia
  • Above Grade Finished Sq Ft: 1136
  • Reso Accessibility Features: Enhanced Accessible
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Central Vacuum, Primary Downstairs
  • Basement: Walk-Out Access
  • Flooring: Carpet
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 340
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Dock, Storage
  • Acres: 0.319
  • Waterfront Features: Lake Front, Lake Privileges
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 225
  • Association Name: Lake Dale POA
  • Phone: 219-696-0771
  • Association: Yes

Lot Info

  • Lot Dimensions: 113 x 123
  • Lot Size Sq Ft: 13896
  • Parcel #: 451901306018000007

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2852

MLS Schools

  • HighSchool: Lowell Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Feb 15, 2023
Sold by
Lotz Shirley A
Bought by
Smit Family Trust
Seller's Agent
Myra Harris
McColly Real Estate
Buyer's Agent
Susan Mender
Listing Leaders MVPs
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$367,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,788
Avg. Annual Appreciation
3.03%
Original Mortgage
$240,000
Outstanding Balance
$231,271
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$136,517
Source: Public Records

Range of Values:

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Average Value
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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
Smit Family Trust $340,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smit Family Trust $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $340,000 -2.8% $230 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $349,900 -- $237 / 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 $6,614 $345,700 $130,600 $215,100
2023 $3,300 $342,100 $130,600 $211,500
2022 $3,300 $349,600 $163,300 $186,300
2021 $2,812 $310,400 $149,300 $161,100
2020 $2,605 $299,000 $149,300 $149,700
2019 $2,704 $292,400 $149,300 $143,100
2018 $2,631 $285,700 $149,300 $136,400
2017 $2,844 $289,300 $149,300 $140,000
2016 $2,684 $283,100 $149,300 $133,800
2014 $2,545 $277,700 $149,300 $128,400
2013 $2,696 $283,700 $149,300 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 522504

Northwest Indiana Association of REALTORS®

APN: 45-19-01-306-018.000-007