$329,000
SOLD JAN 10, 2025

5118 W 87th Ln Crown Point, IN 46307

4 Beds
3 Baths
2,232 Sq Ft
9,017 Sq Ft Lot

Recently Sold

$147 Per Sq Ft

3% Below List Price

173 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Fireplace in Basement
  • Hal E Clark Middle School Rated A
  • Living Room
  • Tile Flooring

About This Home

As of January 2025

Desireable Pine Island Subdivision! Attractive Curb Appeal and Terrific Location!!! Offering -3- or possible -4- bedrooms and -3- baths! PLUS -2- Spacious Living Rooms, a large Eat-In kitchen (all Appliances Included)! Many updates including: Newer Roof, Windows, Siding, Furnace, A/C, Water Heater, Flooring and Paint! The lower level family room is very large and perfect for big gatherings and offers a COZY Fireplace! There is a large fenced yard and its ready for you to call HOME!

Last Agent to Sell the Property

David Taylor

McColly Real Estate License #RB14023719 Listed on: 06/11/2024

McColly Real Estate

Co-Listed By

Sofia Espinoza

McColly Real Estate License #RB22000327

Last Buyer's Agent

Jeff Fryzel

McColly Real Estate License #RB14049946

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1977

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2.5 Car Garage
  • Garage Door Opener

Home Design

  • Quad-Level Property
  • Brick Foundation

Interior Spaces

  • ENERGY STAR Qualified Windows
  • Living Room
  • Neighborhood Views

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Clark Middle School
  • Lake Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Pine Island Ridge Community Association, Phone Number (219) 680-0399
  • Pine Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45-11-25-276-012.000-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,548

Year Built

Built in 1977

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Landscaped, Paved, Level
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Reso View: Neighborhood
  • Reso Association Amenities: None
  • Reso Association Fee Includes: None
  • Co List Office Mls Id: NRA1369
  • Subdivision Name: Pine Island
  • Above Grade Finished Sq Ft: 1128
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Quad-Level
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: ENERGY STAR Qualified Windows
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Oven, Gas Range, Dryer
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Finished, Full
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1104
  • Fireplace Features: Lower Level
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard
  • Fencing: Back Yard
  • Acres: 0.207
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Reso Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association Name: Pine Island Ridge Community Association
  • Phone: 2196800399
  • Association: Yes

Schools

  • Junior High Dist: Lake Central
  • Middle Or Junior School: Clark Middle School

Lot Info

  • Lot Dimensions: 75x120
  • Lot Size Sq Ft: 9017
  • Parcel #: 45-11-25-276-012.000-036

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2548

MLS Schools

  • HighSchool: Lake Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jan 10, 2025
Sold by
Yancey Patricia A
Bought by
Olson George R and Olson Caroline K
Seller's Agent
David Taylor
McColly Real Estate
Buyer's Agent
Jeff Fryzel
McColly Real Estate
List Price
$339,900
Sold Price
$329,000
Premium/Discount to List
-$10,900
-3.21%
Views
560
Current Estimated Value
$331,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,771
Avg. Annual Appreciation
0.91%
Original Mortgage
$263,200
Outstanding Balance
$261,372
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$70,399

Purchase Details

Closed on
Mar 6, 2021
Sold by
Yancey Patricia A and Yancey Richard L
Bought by
Yancey Patricia A

Purchase Details

Closed on
Feb 14, 2013
Sold by
Yancey Wanda
Bought by
Yancey Wanda and The Richard L & Wanda Yancey R

Purchase Details

Closed on
Apr 4, 2012
Sold by
Yancey Wanda and Yancey Richard L
Bought by
Yancey Wanda

Purchase Details

Closed on
Mar 8, 2011
Sold by
Yancey Richard L and Yancey Wanda
Bought by
Yancey Wanda and The Richard L & Wanda Yancey R
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 Type Sale Price Title Company
Warranty Deed -- Northwest Indiana Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $329,000 -2.3% $147 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $336,900 -0.9% $151 / Sq Ft
06/11/2024 06/11/24 For Sale $339,900 -- $152 / 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 $5,223 $274,400 $42,200 $232,200
2023 $2,197 $256,500 $42,200 $214,300
2022 $2,220 $230,200 $42,200 $188,000
2021 $2,035 $217,100 $42,200 $174,900
2020 $3,926 $210,300 $42,200 $168,100
2019 $1,905 $191,300 $31,000 $160,300
2018 $1,823 $183,300 $31,000 $152,300
2017 $1,739 $184,400 $31,000 $153,400
2016 $1,579 $171,600 $31,000 $140,600
2014 $1,522 $174,500 $31,000 $143,500
2013 $1,513 $170,300 $31,000 $139,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805154

Northwest Indiana Association of REALTORS®

APN: 45-11-25-276-012.000-036