NOT LISTED FOR SALE

3520 Colorado St Lake Station, IN 46405

Estimated Value: $89,000 - $113,000

3 Beds
1 Bath
962 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $74,125 $77 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $664/month

51 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Cooling Available
  • Bathroom on Main Level
  • 3-minute walk to Rosser Park

About This Home

As of January 2023

Whether you are looking for a starter home or an investor looking to add to your portfolio, this home is for you! Less than a mile from I-65, near a nice park and lake. New roof in 2015. Don't miss out on this one!

Last Agent to Sell the Property

Maurice Cornett

Epique Realty License #RB19001105 Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1948

Lot Details

  • 7,579 Sq Ft Lot
  • Lot Dimensions are 60x126
  • Fenced

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 962 Sq Ft Home
  • Living Room
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Community Details

  • Johnson & Hockers 1St Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450823479018000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$635

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR2135
  • Subdivision Name: Johnson & Hockers 1st Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 962
  • 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
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.174

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: River Forest

Lot Info

  • Lot Dimensions: 60x126
  • Lot Size Sq Ft: 7579
  • Parcel #: 450823479018000020

Tax Info

  • Year: 2021
  • Tax Annual Amount: 635

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Golston Martrell
Bought by
Dorothy & Sons Llc
Current Estimated Value
$101,705

Purchase Details

Listed on
Aug 26, 2022
Closed on
Jan 10, 2023
Sold by
Best Kevin L
Bought by
Colston Martrell J
Seller's Agent
Maurice Cornett
Epique Realty
List Price
$84,900
Sold Price
$74,125
Premium/Discount to List
-$10,775
-12.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$59,316
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Best Arthur
Bought by
Best Kevin L and Best Arthur M
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
Dorothy & Sons Llc -- None Listed On Document
Colston Martrell J -- Chicago Title
Best Kevin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golston Martrell J $116,250
Previous Owner Colston Martrell J $59,316
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $74,125 -12.7% $77 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $84,900 -- $88 / 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 $3,707 $82,500 $12,300 $70,200
2023 $774 $69,200 $13,300 $55,900
2022 $700 $65,900 $13,300 $52,600
2021 $635 $58,200 $10,100 $48,100
2020 $539 $53,100 $10,100 $43,000
2019 $695 $51,300 $10,100 $41,200
2018 $621 $50,400 $10,100 $40,300
2017 $625 $48,400 $10,100 $38,300
2016 $598 $48,200 $10,100 $38,100
2014 $350 $42,000 $10,100 $31,900
2013 $405 $44,000 $10,100 $33,900
Source: Public Records

Agents Affiliated with this Home

  • Maurice Cornett

    Seller's Agent in 2023

    Maurice Cornett

    Epique Realty

    (219) 781-1169

    1 in this area

    16 Total Sales

    Maurice Cornett
    Section Image

  • D

    Buyer Co-Listing Agent in 2023

    Demond Ligon

    Listing Leaders Northwest

    (219) 487-0017

    1 in this area

    81 Total Sales

    Demond Ligon
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR518699

Northwest Indiana Association of REALTORS®

APN: 45-08-23-479-018.000-020

Indiana Lake County Lake Station 46405

3520 Colorado St, Lake Station, IN

This home is located at 3520 Colorado St, Lake Station, IN 46405 since 26 August 2022 and is currently estimated at $101,705, approximately $105 per square foot. This property was built in 1948. 3520 Colorado St is a home located in Lake County with nearby schools including River Forest Jr-Sr High School and Hobart Baptist 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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