$82,200
SOLD SEP 12, 2025

2501 Vermillion St Lake Station, IN 46405

3 Beds
2 Baths
1,008 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

28% Below List Price

90 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Living Room
  • Hot Water Heating System

About This Home

As of September 2025

Calling all cash buyers! This 3-bedroom, 2-bath ranch home with a full basement offers incredible potential. Large corner lot with detached garage. Being sold as-is with no repairs or warranties. Perfect for savvy buyers ready to bring their vision to life. Cash offers only, don't miss out on this opportunity to unlock its full potential!

Last Agent to Sell the Property

Jennifer Ward

Double Diamond Real Estate LLC License #RB14032011 Listed on: 05/30/2025

Co-Listed By

Nicole Williamson

Double Diamond Real Estate LLC License #RB21000725

Last Buyer's Agent

Jessica Lee

Keller Williams Preferred Real License #RB17000601

Keller Williams Preferred Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1960

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 1.5 Car Garage

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Carlsons Add 01 Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 450916403001000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1030
  • Co List Office Phone: (219) 462-6900
  • Co List Office Mls Id: NRA1030
  • Subdivision Name: Carlsons Add 01
  • Above Grade Finished Sq Ft: 1008
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Other
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Other
  • Acres: 0.19
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.5

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8276
  • Parcel #: 450916403001000021

Tax Info

  • Year: 2023
  • Tax Annual Amount: 839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Sheriff Of Lake County State Of Indiana
Bought by
Gs Mortgage-Backed Securities Trust and Us Bank Trust
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Sheriffs Deed $118,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Sold $82,200 -8.6% $82 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/16/2025 08/16/25 Price Changed $89,900 -9.0% $89 / Sq Ft
07/21/2025 07/21/25 Price Changed $98,800 -13.3% $98 / Sq Ft
05/30/2025 05/30/25 For Sale $114,000 -- $113 / 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 $4,842 $106,000 $22,200 $83,800
2023 $839 $104,000 $18,500 $85,500
2022 $707 $92,400 $18,500 $73,900
2021 $478 $83,800 $17,500 $66,300
2020 $402 $81,500 $17,500 $64,000
2019 $500 $79,000 $17,500 $61,500
2018 $316 $73,600 $17,500 $56,100
2017 $321 $73,000 $17,500 $55,500
2016 $283 $72,300 $17,500 $54,800
2014 $67 $64,000 $17,400 $46,600
2013 $75 $64,300 $17,500 $46,800
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Ward

    Seller's Agent in 2025

    Jennifer Ward

    Double Diamond Real Estate LLC

    (219) 406-1458

    4 in this area

    110 Total Sales

    Jennifer Ward
    Section Image

  • N

    Seller Co-Listing Agent in 2025

    Nicole Williamson

    Double Diamond Real Estate LLC

    (219) 252-7711

    1 in this area

    14 Total Sales

    Nicole Williamson
    Section Image
  • Jessica Lee

    Buyer's Agent in 2025

    Jessica Lee

    Keller Williams Preferred Real

    (708) 872-7005

    4 in this area

    89 Total Sales

    Jessica Lee
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 821739

Northwest Indiana Association of REALTORS®

APN: 45-09-16-403-001.000-021

Indiana Lake County Lake Station 46405

2501 Vermillion St, Lake Station, IN

This home is located at 2501 Vermillion St, Lake Station, IN 46405 and is currently priced at $82,200, approximately $81 per square foot. This property was built in 1960. 2501 Vermillion St is a home located in Lake County with nearby schools including Thomas A. Edison Junior/Senior High School and Portage Christian 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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