NOT LISTED FOR SALE

407 W 240th St Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $50,000 - $114,000

2 Beds
1 Bath
1,012 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 31, 2020

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

Est. 134% increase in value since last sale

Current estimated payment $542/month

217 Days on Market

Highlights

  • Docks
  • Recreation Room
  • Sun or Florida Room
  • Deck
  • Ranch Style House
  • Den

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 Listed By

Tim Petrites

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

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

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
  • 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
Total Days on Market
217
Current Estimated Value
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,000
Avg. Annual Appreciation
19.44%

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
Adams Steven W -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Steven W $192,300
Closed Adams Steven W $187,000
Closed Adams Steven W $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Tim Petrites

    Seller's Agent in 2020

    Tim Petrites

    McColly Real Estate

    (219) 689-7800

    1 in this area

    34 Total Sales

    Section Image
  • Myra Harris

    Buyer's Agent in 2020

    Myra Harris

    McColly Real Estate

    (219) 776-4326

    26 in this area

    81 Total Sales

    Myra Harris
    Section Image
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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

Homes for Sale in Lowell, IN

This home is located at 407 W 240th St, Lowell, IN 46356 since 20 November 2019 and is currently estimated at $82,000, approximately $81 per square foot. This property was built in 1962. 407 W 240th 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.