NOT LISTED FOR SALE

250 Burnham St Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $244,000 - $337,000

5 Beds
4 Baths
2,972 Sq Ft
0.39 Acres

Last Sold June 16, 2021

Last sale price $220,000 $74 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,793/month

59 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Lowell Senior High School Rated 9+
  • Patio
  • Satellite Dish

About This Home

As of June 2021

PLEASE WEAR MASKS FOR ALL SHOWINGS. Investment opportunity for 4 occupied apartments. Apartment #1, downstairs right is 2 bedrooms, 1 bath. Apartment #2 upstairs right is 1 bedroom, 1 bath. Apartment #3, downstairs left, is a Studio Apartment. Apartment #4, upstairs left, is a Studio Apartment. Stove and refrigerator provided in each unit. Owner pays approximately $300/month utilities for combined Studio Apartments. Gross monthly rental income = $2375.

Last Agent to Sell the Property

Dennis Keithley

McColly Real Estate License #RB14041334 Listed on: 03/12/2021

McColly Real Estate

Last Buyer's Agent

James Gibson

Evers Realty Group License #RB14044053

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1910

Lot Details

  • 0.39

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,972 Sq Ft Home
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Lowell Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $28,320
  • Tenant pays for electricity, gas, water
  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 451923427016000008

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $2,495
  • New Taxes Expense $4,206
  • Net Operating Income $16,503

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,859

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Apartment
  • Road Surface Type: Gravel
  • ResoOtherEquipment: Satellite Dish
  • Co List Office Mls Id: NRA258
  • Subdivision Name: none
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 3674.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial
  • Flooring: Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.39
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 4

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Dimensions: 98X200
  • Lot Size Sq Ft: 16988
  • ResoLotSizeUnits: Acres
  • Parcel #: 451923427016000008
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas, Water
  • Owner Pays: Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 1
  • Insurance Expense: 2495
  • Total Actual Rent: 28320

Tax Info

  • New Taxes Expense: 4206

MLS Schools

  • HighSchool: Lowell Senior High School

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
Gbur Paul A $220,000 Community Title Company
Mjwndrv Ljhfvbe Efjkehbf $100,000 None Available
Wiend Peter M $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gbur Paul A $206,500
Closed Gbur Paul A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $220,000 0.0% $74 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $220,000 -- $74 / 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 $8,859 $241,900 $42,400 $199,500
2023 $6,688 $334,200 $42,400 $291,800
2022 $6,350 $317,400 $42,400 $275,000
2021 $4,398 $219,800 $32,900 $186,900
2020 $4,121 $206,000 $32,900 $173,100
2019 $3,984 $194,900 $32,900 $162,000
2018 $4,482 $192,100 $32,900 $159,200
2017 $4,530 $183,400 $29,600 $153,800
2016 $4,167 $175,800 $29,600 $146,200
2014 $4,363 $183,800 $29,600 $154,200
2013 $4,543 $182,600 $29,600 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Dennis Keithley

    Seller's Agent in 2021

    Dennis Keithley

    McColly Real Estate

    (219) 794-4672

    16 in this area

    48 Total Sales

    Dennis Keithley
    Section Image

  • J

    Buyer's Agent in 2021

    James Gibson

    Evers Realty Group

    (219) 365-0800

    2 in this area

    31 Total Sales

    James Gibson
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 489230

Northwest Indiana Association of REALTORS®

APN: 45-19-23-427-016.000-008

Indiana Lake County Lowell 46356 Cedar Creek

250 Burnham St, Lowell, IN

This home is located at 250 Burnham St, Lowell, IN 46356 since 12 March 2021 and is currently estimated at $283,380, approximately $95 per square foot. This property was built in 1910. 250 Burnham St 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.

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