NOT LISTED FOR SALE

4390 W 161st Ave Lowell, IN 46356

Estimated Value: $226,500

4 Beds
5.5 Baths
7,953 Sq Ft
$28/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $1,300,000 $163 Per Sq Ft

Current estimated payment $1,230/month

61 Days on Market

Highlights

  • Barn
  • 70.56 Acre Lot
  • No HOA
  • Lowell Senior High School Rated 9+
  • 1 Fireplace
  • Double Oven

About This Home

As of April 2024

Custom built spacious all brick 4 bdrm, 5.5 bath, well-appointed property is a mix of indoor & outdoor features that cater to both luxury living & practical functionality.The 2 story entry welcomes you with a formal dining & living room.The large great room provides the most amazing views of this magnificent 70+ acres property w/two stocked ponds & wildlife galore! Kitchen boasts corian counters, built-in double oven, warming drawer, cook top, & a prep-sink. The main bedroom is complete w/walk-in closets, & private bath, along w/second bedroom. Upstairs features a loft & two additional bedrooms, both w/private baths. A finished walk-out basement expands the living space & provides a separate area for entertainment, recreation, or even related living. A second kitchen, office, workshop & storage completes the basement. A 43X65 pole barn for storage for equipment, vehicles, or even as a workshop. Attached garage has radiant heated floors. Roof new in 2021. A whole house generator too!!

Last Agent to Sell the Property

Lisa Mullins

@properties/Christie's Intl RE License #RB14044126 Listed on: 01/12/2024

@properties/Christie's Intl RE

Co-Listed By

Myra Mitchell

@properties/Christie's Intl RE License #RB14039565

Last Buyer's Agent

Jacquelyn Slaven

Advanced Real Estate, LLC License #RB17000705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,392

Year Built

  • Built in 1998

Lot Details

  • 70.56

Parking

  • 6 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Attic Stairs
  • Basement

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Lowell Senior High School

Utilities

  • Central Air
  • Radiant Heating System
  • Well

Additional Features

  • 70.56 Acre Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 452007126001000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,392

Year Built

Built in 1998

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Open Lot, Pond On Lot
  • Co List Office Mls Id: NRA2041
  • Co List Office Phone: (219) 440-0070
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 5124
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: Barn(s)
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Range, Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Oven, Refrigerator, Washer
  • Interior Amenities: Attic Stairway, In-Law Floorplan, Primary Downstairs
  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2829
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 70.56
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Baseboard, Radiant
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: See legal - irregular
  • Lot Size Sq Ft: 3073593.6
  • Parcel #: 452007126001000007

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10392

MLS Schools

  • HighSchool: Lowell Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Apr 22, 2024
Sold by
Richard G Schweitzer Living Trust and Fitzgerald Janine M
Bought by
Diddi Venkata Naresh Kiran and Diddi Poornima
Seller's Agent
Lisa Mullins
@properties/Christie's Intl RE
Buyer's Agent
Jacquelyn Slaven
Advanced Real Estate, LLC
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
163
Current Estimated Value
$226,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,073,500
Original Mortgage
$940,000
Outstanding Balance
$923,616
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2024
Closed on
Apr 17, 2024
Sold by
Richard G Schweitzer Living Trust and Fitzgerald Janine M
Bought by
Diddi Venkata Naresh Kiran and Diddi Poornima
Seller's Agent
Lisa Mullins
@properties/Christie's Intl RE
Buyer's Agent
Jacquelyn Slaven
Advanced Real Estate, LLC
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$923,616
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Schweitzer Richard G
Bought by
Schweitzer Richard G and Richard G Schweitzer Living Tr
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
Diddi Venkata Naresh Kiran -- Proper Title
Diddi Venkata Naresh Kiran $1,300,000 Proper Title
Schweitzer Richard G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diddi Venkata Naresh Kiran $940,000
Closed Diddi Venkata Naresh Kiran $940,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2024 04/23/24 Sold $1,300,000 -7.1% $163 / Sq Ft
01/12/2024 01/12/24 For Sale $1,400,000 -- $176 / 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 $464 $28,800 $28,800 --
2023 $316 $24,000 $24,000 --
2022 $316 $19,000 $19,000 $0
2021 $265 $16,300 $16,300 $0
2020 $255 $16,200 $16,200 $0
2019 $348 $19,700 $19,700 $0
2018 $358 $20,300 $20,300 $0
2017 $435 $23,400 $23,400 $0
2016 $445 $24,800 $24,800 $0
2014 $444 $25,900 $25,900 $0
2013 $393 $22,200 $22,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 543806

Northwest Indiana Association of REALTORS®

APN: 45-20-07-176-002.000-007