$405,000
SOLD APR 10, 2025

5040 Spinnaker Ln Unit A Crown Point, IN 46307

Lakes of the Four Seasons Neighborhood
4 Beds
3 Baths
2,848 Sq Ft
$150/mo HOA Fee

Recently Sold

$142 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Lake Front
  • Living Room with Fireplace
  • Covered Patio or Porch
  • Winfield Elementary School Rated A-
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of April 2025

One-of-a-kind MASSIVE 4 Bed, 3 Bath GROUND-LEVEL 2,848 square foot condo on the market in the desirable gated Lakes of the Four Seasons community! This condo has PANORAMIC lakefront views from every room! Enjoy the sprawling spacious unit and all the amenities LOFS has to offer and arguably the best lake views in the entire community. Featuring hardwood floors in the main living area, this home is ready for you to move into! All 4 bedrooms are generous sized. The primary bedroom is massive with its own walk-in bathroom, 2 walk-in closets and access to an enormous crawl space for storage! 3 other generous sized bedrooms and one of those with its own exclusive bathroom. 2 fireplaces in the unit! BRAND NEW CARPET in 2 bedrooms, BRAND NEW washer/dryer and BRAND NEW stainless steel appliances in the kitchen! Sunsets over the lakefront off the back patio every evening! Enjoy everything your new community has to offer: beaches, parks, playgrounds, lakes, restaurants, golf course, parades, festivals and a variety of clubs/events! This is truly a resort-style community and one of the coveted gems of Northwest Indiana. Bring your bags, move right in and enjoy everything this condo and Lakes of the Four Seasons has to offer!

Last Agent to Sell the Property

Michael Cacovski

Century 21 Circle License #RB14050465 Listed on: 03/11/2025

Century 21 Circle

Last Buyer's Agent

David Taylor

McColly Real Estate License #RB14023719

McColly Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1990

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • Association fees include ground maintenance, snow removal, trash, maintenance structure
  • Lofs Poa, Phone Number (219) 988-2581
  • Lake Holiday Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451716277031000044

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,950

Year Built

Built in 1990

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Back Yard, Private, Landscaped, Cul-De-Sac
  • Reso View: Lake
  • Reso Association Amenities: Clubhouse, Snow Removal, Pool, Playground, Park, Management, Maintenance Grounds, Landscaping, Jogging Path
  • Reso Association Fee Includes: Maintenance Grounds, Snow Removal, Trash, Maintenance Structure
  • Co List Office Mls Id: NRA1369
  • Subdivision Name: Lake Holiday Condo
  • Above Grade Finished Sq Ft: 2848
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Water Softener Owned, Washer, Stainless Steel Appliance(s), Range Hood, Microwave, Dryer
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Walk-In Closet(s), Open Floorplan, Double Vanity, Laminate Counters, His and Hers Closets, Entrance Foyer
  • Basement: Crawl Space
  • Flooring: Carpet, Tile, Hardwood
  • Spa Features: Bath
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Other
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered, Rear Porch, Patio
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Driveway, Garage Faces Front, Attached, Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Association Name: LOFS POA
  • Phone: 219-988-2581
  • Association: Yes

Lot Info

  • Parcel #: 451716277031000044

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 7, 2025
Sold by
Trust No Ltajhcjh-101 and Helverson Carol J
Bought by
Schuster Scott J and Schuster Catherine A
Seller's Agent
Michael Cacovski
Century 21 Circle
Buyer's Agent
David Taylor
McColly Real Estate
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Views
26
Current Estimated Value
$402,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,037
Avg. Annual Appreciation
-1.04%

Purchase Details

Closed on
Dec 12, 2006
Sold by
Helverson Alan J and Helverson Carol J
Bought by
Helverson Alan J and Helverson Carol J

Purchase Details

Closed on
Nov 16, 2005
Sold by
Herlverson Alan J and Herlverson Carol J
Bought by
Helverson Alan J and Helverson Carol J
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Northwest Indiana Title
Quit Claim Deed -- Northwest Indiana Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Chicago Title Insurance Comp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2025 04/10/25 Sold $405,000 +1.3% $142 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $399,900 -- $140 / 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 $8,821 $381,500 $56,000 $325,500
2023 $3,350 $396,800 $56,000 $340,800
2022 $3,350 $325,200 $56,000 $269,200
2021 $2,745 $283,700 $46,200 $237,500
2020 $3,108 $303,600 $42,000 $261,600
2019 $2,893 $284,400 $42,000 $242,400
2018 $2,672 $254,300 $66,900 $187,400
2017 $2,658 $250,600 $81,000 $169,600
2016 $1,946 $195,800 $81,000 $114,800
2014 $2,089 $213,600 $81,000 $132,600
2013 $1,900 $198,700 $81,000 $117,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Cacovski

    Seller's Agent in 2025

    Michael Cacovski

    Century 21 Circle

    (219) 730-3227

    16 in this area

    115 Total Sales

    Michael Cacovski
    Section Image
  • David Taylor

    Buyer's Agent in 2025

    David Taylor

    McColly Real Estate

    (219) 306-7812

    41 in this area

    236 Total Sales

    David Taylor
    Section Image
  • Sofia Espinoza

    Buyer Co-Listing Agent in 2025

    Sofia Espinoza

    McColly Real Estate

    (219) 779-4128

    17 in this area

    86 Total Sales

    Sofia Espinoza
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 817273

Northwest Indiana Association of REALTORS®

APN: 45-17-16-277-031.000-044

Indiana Lake County Crown Point 46307 Lakes of the Four Seasons

5040 Spinnaker Ln Unit A, Crown Point, IN

This home is located at 5040 Spinnaker Ln Unit A, Crown Point, IN 46307 and is currently priced at $405,000, approximately $142 per square foot. This property was built in 1990. 5040 Spinnaker Ln Unit A is a home located in Lake County with nearby schools including Winfield Elementary School, Jerry Ross Elementary School, and Colonel John Wheeler Middle 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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