$750,000
SOLD MAY 20, 2025

5201 W 83rd Place Crown Point, IN 46307

4 Beds
4.5 Baths
7,916 Sq Ft
6.48 Acres

Recently Sold

$95 Per Sq Ft

17% Below List Price

47 Days on Market

Highlights

  • Barn
  • Pond View
  • Living Room with Fireplace
  • Homan Elementary School Rated A
  • 6.48 Acre Lot
  • Wood Flooring

About This Home

As of May 2025

Uncover a rare gem with endless potential! Nestled on nearly 7 breathtaking acres with stunning views and a private pond, this 4-bedroom, 5-bathroom home is ready to become your dream retreat. Featuring an attached related living space, three charming sunrooms, and a grand living room with soaring ceilings, this property offers room to grow and customize to your heart's desire. The full finished basement boasts a kitchenette and endless possibilities for additional living space. With 4 furnaces, 4 AC units, and a spacious back deck overlooking serene scenery, comfort meets tranquility. The centerpiece of the property is a massive 2.5-story fully heated barn with three overhead doors, perfect for hobbies, storage, or business ventures. While the interior awaits your personal touch, this home presents an extraordinary opportunity to create your ideal living space. Long driveway, fountain, and boundless character--this property is truly a dream in the making!The home needs work and being sold as is

Last Agent to Sell the Property

Nick Oosting

Listing Leaders Northwest License #RB21000762 Listed on: 01/26/2025

Listing Leaders Northwest

Last Buyer's Agent

Brittany Munoz

New Chapter Real Estate License #RB19000008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,106

Year Built

  • Built in 1990

Lot Details

  • 6.48 Acre Lot
  • Lot Dimensions are 433x229x505x412x176x252x329
  • Additional Parcels

Parking

  • 4 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Utility Room
  • Pond Views
  • Basement
  • Fireplace in Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451124406022000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,106

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Private
  • Reso View: Pond
  • Co List Office Mls Id: NRA1959
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3958
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Barn(s), See Remarks
  • Property Attached Yn: No
  • Financial Info Electric: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Vaulted Ceiling(s)
  • Basement: Full
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 3958
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: None
  • Acres: 6.48
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 433x229x505x412x176x252x329
  • Lot Size Sq Ft: 282268.8
  • Additional Parcels: Yes
  • Parcel #: 451124406022000036

Tax Info

  • Year: 2023
  • Tax Annual Amount: 15106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
May 20, 2025
Sold by
K & M Townhomes Llc
Bought by
Vega Damian and Vega Damian
Seller's Agent
Nick Oosting
Listing Leaders Northwest
Buyer's Agent
Brittany Munoz
New Chapter Real Estate
List Price
$899,900
Sold Price
$750,000
Premium/Discount to List
-$149,900
-16.66%
Views
511
Current Estimated Value
$738,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,555
Avg. Annual Appreciation
-4.46%
Original Mortgage
$712,500
Outstanding Balance
$711,238
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$27,207

Purchase Details

Listed on
Nov 9, 2024
Closed on
Jan 7, 2025
Sold by
Khan Farzana A
Bought by
K & M Townhomes Llc
Seller's Agent
Nick Oosting
Listing Leaders Northwest
Buyer's Agent
Nick Oosting
Listing Leaders Northwest
List Price
$975,000
Sold Price
$650,000
Premium/Discount to List
-$325,000
-33.33%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.81%

Purchase Details

Closed on
May 2, 2011
Sold by
Lake County Trust
Bought by
Khan Farzana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,800
Interest Rate
4.96%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Insurance Compan
Warranty Deed -- None Listed On Document
Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 New Conventional
Previous Owner $414,100 FHA
Previous Owner $505,800 New Conventional
Previous Owner $187,700 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $750,000 -9.1% $95 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $825,000 -1.8% $104 / Sq Ft
02/18/2025 02/18/25 Price Changed $839,900 -1.2% $106 / Sq Ft
02/10/2025 02/10/25 Price Changed $850,000 -5.5% $107 / Sq Ft
01/26/2025 01/26/25 For Sale $899,900 +38.4% $114 / Sq Ft
01/10/2025 01/10/25 Sold $650,000 -33.3% $45 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $975,000 -- $67 / 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 $15,102 $792,600 $83,900 $708,700
2023 $7,815 $741,600 $83,900 $657,700
2022 $7,543 $643,300 $83,900 $559,400
2021 $7,241 $629,000 $83,900 $545,100
2020 $7,028 $595,800 $83,900 $511,900
2019 $7,208 $563,300 $70,900 $492,400
2018 $7,351 $567,000 $70,900 $496,100
2017 $6,833 $557,500 $70,900 $486,600
2016 $6,395 $521,600 $70,900 $450,700
2014 $6,083 $513,500 $70,800 $442,700
2013 $6,153 $504,400 $70,800 $433,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815403

Northwest Indiana Association of REALTORS®

APN: 45-11-24-406-002.000-036