NOT LISTED FOR SALE

407 W 240th St Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $182,000 - $274,000

2 Beds
1 Bath
1,012 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $35,000 $35 Per Sq Ft

Est. 517% increase in value since last sale

Current estimated payment $1,196/month

217 Days on Market

Highlights

  • Docks
  • River Front
  • Recreation Room
  • Lowell Senior High School Rated 9+
  • Deck
  • Ranch Style House

About This Home

As of July 2020

Your wait is over! This charming getaway will be truly YOURS with just a few cosmetic finishes. RIGHT ON THE KANKAKEE RIVER!! Spend your days hunting, fishing, birdwatching or just enjoying the river flow by with a good book. THIS is that perfect little place to find some PEACE. The views are enough to hypnotize and the quiet is immeasurable! Come take a look and stay a while at this retreat you will cherish for years to come. Two bedrooms and a bath(needs completion) along with a kitchen and the place where you are likely to spend most of your time - the sun room. Flooded with light and views of the river this will be the perfect place for a cup of coffee or entertaining friends. BIG 2+ car garage with rear door. Don't wait for ANOTHER GREAT PLACE to pass you by, take a drive today! Immediate possession.

Last Agent to Sell the Property

Tim Petrites

McColly Real Estate License #RB14050479 Listed on: 11/20/2019

McColly Real Estate

Last Buyer's Agent

Myra Harris

McColly Real Estate License #RB14028176

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1962

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 100 x 60
  • River Front

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,012 Sq Ft Home
  • Living Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 452433276001000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: River Front
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1241
  • Subdivision Name: None
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 0.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Window/Wall Air Cond
  • Interior Amenities: Den/Office, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Sun Room
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Boat Dock/Mooring, Deck, Storage Shed
  • Acres: 0.138

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Propane

Lot Info

  • Lot Dimensions: 100 X 60
  • Lot Size Sq Ft: 6011
  • ResoLotSizeUnits: Acres
  • Parcel #: 452433276001000007
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2018
  • Tax Annual Amount: 860

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jul 31, 2020
Sold by
Basse Jennifer L and Estate Of Paul G Vandervort Sr
Bought by
Adams Steven W and Adams Lori Ann
Seller's Agent
Tim Petrites
McColly Real Estate
Buyer's Agent
Myra Harris
McColly Real Estate
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,000
Avg. Annual Appreciation
39.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Steven W -- Community Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $35,000 0.0% $35 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $35,000 -- $35 / 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
2025 $929 $175,600 $7,400 $168,200
2024 $1,040 $170,500 $7,400 $163,100
2023 $867 $53,800 $7,400 $46,400
2022 $1,002 $60,200 $7,400 $52,800
2021 $868 $53,300 $7,400 $45,900
2020 $859 $57,500 $7,400 $50,100
2019 $875 $53,500 $7,400 $46,100
2018 $860 $52,600 $7,400 $45,200
2017 $900 $51,800 $7,400 $44,400
2016 $908 $53,900 $7,400 $46,500
2014 $867 $53,600 $7,400 $46,200
2013 $876 $52,500 $7,400 $45,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tim Petrites

    McColly Real Estate

    Section Image
  • Myra Harris

    Buyer's Agent in 2020

    Myra Harris

    McColly Real Estate

    (219) 776-4326

    23 in this area

    83 Total Sales

    Myra Harris
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR466284

Northwest Indiana Association of REALTORS®

APN: 45-24-33-276-001.000-007

Indiana Lake County Lowell 46310 Cedar Creek

407 W 240th St, Lowell, IN

Not Listed for Sale

Detached

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