NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,096,326

6 Beds
4.5 Baths
6,636 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $3,900 $1 Per Sq Ft

Est. 25,173% increase in value since last sale

Current estimated payment $6,357/month

Highlights

  • Lake Front
  • Golf Course Community
  • Fishing
  • Union Township Middle School Rated A-
  • Fitness Center
  • Community Lake

About This Home

As of February 2024

Indulge in the epitome of luxury living from the moment you step into this exquisite rental property. With over 7000 sq ft of living space, this home offers an abundance of room for relaxation and entertainment. Boasting 6 spacious bedrooms and 4 beautifully appointed bathrooms, including a stunning master suite with a separate jacuzzi tub and double shower, this property is designed to provide the utmost comfort and style. The allure of this home is further enhanced by the presence of 4 cozy fireplaces, creating a warm and inviting atmosphere throughout. Hosting gatherings is a breeze with two elegant wet bars and two convenient kitchenettes, ensuring your guests are well taken care of. take in the breathtaking lake views, or relax in your very own sauna, providing a private oasis for relaxation. The attention to detail in this home is unparalleled. Don't miss the opportunity to call this stunning rental property your home.

Last Agent to Rent the Property

Christina Lee

The Lyons Group Real Estate License #RB17000813 Listed on: 02/27/2024

Last Renter's Agent

Christina Lee

The Lyons Group Real Estate License #RB17000813 Listed on: 02/27/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.49 Acre Lot
  • Lake Front
  • Corner Lot
  • Land Lease expires 2/27/24

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Wet Bar
  • Dry Bar
  • Skylights
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Den with Fireplace
  • Library with Fireplace
  • Carpet
  • Lake Views
  • Basement
  • Fireplace in Basement
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Outdoor Gas Grill
  • Rear Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • No Utilities

Listing and Financial Details

  • Property Available on 3/1/24
  • Tenant pays for all utilities
  • The owner pays for association fees, taxes
  • 12 Month Lease Term
  • Assessor Parcel Number 64-09-29-176-003.000-019

Community Details

Overview

  • Shorewood Forest Sec 14 Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

3

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Size Limit
  • Tenant Pays: All Utilities
  • Owner Pays: Association Fees, Taxes
  • Available Date: 2024-03-01
  • LeaseType: Gross

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Lakefront
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: None
  • Reso View: Lake
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA2088
  • Subdivision Name: Shorewood Forest Sec 14
  • Above Grade Finished Sq Ft: 4076
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Bay Window(s), Double Pane Windows, Skylight(s)
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Bar Fridge, Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Humidifier, Ice Maker, Microwave, Stainless Steel Appliance(s), Washer, Wine Cooler, Wine Refrigerator
  • Interior Amenities: Bar, Bookcases, Breakfast Bar, Cathedral Ceiling(s), Cedar Closet(s), Chandelier, Crown Molding, Double Vanity, Dry Bar, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Sauna, Smart Camera(s)/Recording, Soaking Tub, Walk-In Closet(s), Wet Bar
  • Basement: Exterior Entry, Finished, Full, Interior Entry, Storage Space, Sump Pump, Walk-Out Access, Walk-Up Access
  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2560
  • Fireplace Features: Basement, Den, Dining Room, Double Sided, Family Room, Gas, Glass Doors, Library
  • Fireplaces: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Courtyard, Fire Pit, Garden, Gas Grill, Outdoor Grill, Private Yard, Rain Gutters, Smart Irrigation, Smart Lock(s)
  • Fencing: None
  • Acres: 0.49
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Rear Porch, Terrace
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Additional Parking, Basement, Boat, Circular Driveway, Concrete, Deck, Electric Vehicle Charging Station(s), Garage Door Opener, Kitchen Level, Oversized
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas, Radiant Floor
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Curbs, Fishing, Fitness Center, Golf, Lake, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
  • Senior Community: No

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Size Sq Ft: 21344
  • Parcel #: 64-09-29-176-003.000-019

Multi Family

  • Lease Expiration: 2024-02-27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 28, 2024
Sold by
Dad Properties Llc
Bought by
Dad Properties Portfolio Vii Lw
Seller's Agent
Christina Lee
The Lyons Group Real Estate
Buyer's Agent
Christina Lee
The Lyons Group Real Estate
Sold Price
$6,000
Views
2
Current Estimated Value
$985,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,647
Original Mortgage
$3,356,000
Outstanding Balance
$2,995,650
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$1,968,875

Purchase Details

Closed on
Jul 7, 2022
Sold by
D A D Portfolio Llc
Bought by
D A D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,983,100
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2019
Sold by
Rancifers Properties Llc
Bought by
D A D Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,263,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 17, 2014
Closed on
Oct 20, 2014
Sold by
Rancifers Investments Llc
Bought by
Rancifers Properties Llc
Seller's Agent
Jeff Mrozek
Jeff Mrozek, Broker
Buyer's Agent
Sharae Wesson
SLW Realty Group Corporation
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$30,875
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Feb 17, 2014
Closed on
Sep 30, 2014
Sold by
Rancifer Dwayne
Bought by
Rancifers Investments Llc
Seller's Agent
Jeff Mrozek
Jeff Mrozek, Broker
Buyer's Agent
Sharae Wesson
SLW Realty Group Corporation
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,875
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Feb 17, 2014
Closed on
Aug 21, 2014
Sold by
Us Bank Na
Bought by
Rancifer Dwayne
Seller's Agent
Jeff Mrozek
Jeff Mrozek, Broker
Buyer's Agent
Sharae Wesson
SLW Realty Group Corporation
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,875
Interest Rate
4.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 19, 2014
Sold by
Porter County Sheriff
Bought by
Us Association

Purchase Details

Closed on
Jan 8, 2014
Sold by
Bonds Thomas C and Bonds Julie A
Bought by
U S Bank Na and Citigroup Mortgage Loan Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Dad Properties Portfolio Vii Lw -- Near North Title Group
D A D Properties Llc -- --
D A D Portfolio Llc -- None Available
Rancifers Properties Llc -- None Available
Rancifers Investments Llc -- None Available
Rancifer Dwayne -- None Available
Us Association $285,000 --
U S Bank Na $285,035 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dad Properties Portfolio Vii Lw $3,356,000
Previous Owner D A D Properties Llc $1,983,100
Previous Owner D A D Portfolio Llc $1,263,000
Previous Owner Rancifers Investments Llc $30,875
Previous Owner Rancifer Dwayne $187,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Rented $6,000 0.0% --
02/27/2024 02/27/24 For Rent $6,000 0.0% --
12/05/2023 12/05/23 Sold $3,900 0.0% $1 / Sq Ft View Prior Sale
11/12/2023 11/12/23 Price Changed $3,900 -13.3% $1 / Sq Ft
11/11/2023 11/11/23 Price Changed $4,500 -10.0% $1 / Sq Ft
10/18/2023 10/18/23 For Sale $5,000 +66.7% $1 / Sq Ft
04/09/2018 04/09/18 Sold $3,000 0.0% $0 / Sq Ft View Prior Sale
03/24/2018 03/24/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $3,000 -98.9% $0 / Sq Ft
08/29/2014 08/29/14 Sold $285,000 0.0% $43 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $285,000 -- $43 / 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 $14,501 $1,022,300 $130,100 $892,200
2023 $14,361 $930,100 $123,900 $806,200
2022 $12,674 $846,700 $123,900 $722,800
2021 $12,137 $783,400 $123,900 $659,500
2020 $11,129 $686,400 $112,600 $573,800
2019 $10,859 $663,000 $112,600 $550,400
2018 $11,796 $663,000 $112,600 $550,400
2017 $10,998 $672,800 $112,600 $560,200
2016 $9,493 $593,600 $140,500 $453,100
2014 $5,524 $592,000 $135,500 $456,500
2013 -- $527,300 $128,600 $398,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 800060

Northwest Indiana Association of REALTORS®

APN: 64-09-29-176-003.000-019