$650,000
SOLD JAN 10, 2025

5201 W 83rd Place Crown Point, IN 46307

4 Beds
4.5 Baths
14,587 Sq Ft
6.44 Acres

Recently Sold

$45 Per Sq Ft

33% Below List Price

8 Days on Market

Highlights

  • 6.44 Acre Lot
  • No HOA
  • 1-Story Property
  • Homan Elementary School Rated A
  • Living Room
  • Outdoor Storage

About This Home

As of May 2025

Opportunity Awaits! This remarkable property spans over 6 acres, offering endless possibilities. The expansive 4-bedroom, 4-bathroom home features a fully finished basement, perfect for additional living or entertaining space. Enjoy the outdoors with a large deck and sunroom that overlook the beautiful, open landscape. The property also includes a massive three-level pole barn, ideal for a variety of uses--whether it's storage, a workshop, or your own creative space. With a long private driveway and the potential for future development, this property truly has it all. Don't miss this incredible opportunity!

Last Agent to Sell the Property

Nick Oosting

Listing Leaders Northwest License #RB21000762 Listed on: 11/09/2024

Listing Leaders Northwest

Last Buyer's Agent

Nick Oosting

Listing Leaders Northwest License #RB21000762 Listed on: 11/09/2024

Listing Leaders Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 1990

Lot Details

  • 6.44 Acre Lot
  • Lot Dimensions are 433x505x412x176x252x329
  • Additional Parcels

Parking

  • 4 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Carpet
  • Gas Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Outdoor Storage
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451124406002000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,815

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: See Remarks
  • Reso View: See Remarks
  • Co List Office Mls Id: NRA1959
  • Subdivision Name: N/a
  • Above Grade Finished Sq Ft: 5835
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, None
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Basement: Finished, Full
  • Flooring: Carpet
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 8752

Exterior Features

  • Exterior Features: Storage
  • Acres: 6.435

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Additional Parking

Utilities

  • Sewer: Unknown
  • Cooling: Gas
  • Heating: Natural Gas
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 433x505x412x176x252x329
  • Lot Size Sq Ft: 280309
  • Additional Parcels: Yes
  • Parcel #: 451124406002000036

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7815

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.79%
Original Mortgage
$712,500
Outstanding Balance
$712,500
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$34,028

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

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Range of Values:

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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: 812771

Northwest Indiana Association of REALTORS®

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