NOT LISTED FOR SALE

1900 E Summit St Crown Point, IN 46307

Estimated Value: $647,241

1.53 Acres
$423,033 Price per Acre
66,647 Sq Ft Lot

Last Sold October 11, 2017

Last sale price $410,000

Est. 58% increase in value since last sale

Current estimated payment $4,281/month

335 Days on Market

About This Lot

As of October 2017

Located on a traffic light controlled intersection, this property is strategically positioned in an area of rapid development and growth. This property, located on the Northwest corner of Summit and Broadway, is well suited for most uses permitted by zoning. Other facilities located within a block are: four multi-tenant retail facilities, Crown Village Shopping Center, and corporate offices. Great investment now or as a buy and hold.Price reduced to $449,000.00!

Last Agent to Sell the Property

Nick Sommer

Century 21 Alliance Group License #RB14050981 Listed on: 11/10/2016

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

  • 1.53 Acre Lot
  • Lot Dimensions are 269 x 247
  • Property fronts a state road
  • Zoning described as Commercial

Community Details

  • Crown Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451604276014000042

Property Details

Property Type

Land

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Road Frontage Type: City Street, State Road
  • Co List Office Mls Id: NRA693
  • Subdivision Name: Crown Village
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Automotive, Retail, Office, Mixed Use, Medical/Dental, Commercial

Exterior Features

  • Acres: 1.53

Utilities

  • Utilities: Natural Gas Available, Water Available, Sewer Available

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 269 x 247
  • Lot Size Sq Ft: 66647
  • Parcel #: 451604276014000042
  • Zoning Description: Commercial

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2010
  • Tax Annual Amount: 15434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Oct 10, 2017
Sold by
First Merchants Bank
Bought by
Crown Village East Llc
Seller's Agent
Nick Sommer
Century 21 Alliance Group
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$410,000
Sold Price
$410,000
Total Days on Market
335
Current Estimated Value
$647,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,241
Original Mortgage
$328,000
Interest Rate
3.78%
Mortgage Type
Commercial
Source: Public Records

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
Crown Village East Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crown Village East Llc $2,125,034
Closed Crown Village Village East Llc $2,125,034
Closed Crown Village East Llc $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $410,000 0.0% --
09/11/2017 09/11/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $410,000 -- --
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 $40,726 $1,459,100 $599,800 $859,300
2023 $9,893 $1,481,800 $599,800 $882,000
2022 $9,893 $413,900 $413,900 $0
2021 $9,543 $413,900 $413,900 $0
2020 $9,926 $413,900 $413,900 $0
2019 $10,196 $413,900 $413,900 $0
2018 $10,628 $599,800 $599,800 $0
2017 $15,655 $599,800 $599,800 $0
2016 $15,929 $599,800 $599,800 $0
2014 $14,904 $599,800 $599,800 $0
2013 $15,083 $599,800 $599,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Sommer

    Seller's Agent in 2017

    Nick Sommer

    Century 21 Alliance Group

    (219) 531-7548

    61 Total Sales

    Nick Sommer
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Agent

    Non-Member MLS Office

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 404644

Northwest Indiana Association of REALTORS®

APN: 45-16-04-276-014.000-042

Indiana Lake County Crown Point 46307

1900 E Summit St, Crown Point, IN

This home is located at 1900 E Summit St, Crown Point, IN 46307 since 10 November 2016 and is currently priced at $647,241. This property was built in 2023. 1900 E Summit St is a home located in Lake County with nearby schools including Timothy Ball Elementary School, Colonel John Wheeler Middle School, and Crown Point 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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