NOT LISTED FOR SALE

541 Walnut Ln Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $466,000 - $507,000

4 Beds
4 Baths
3,204 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $300,000 $94 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,508/month

190 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Balcony
  • Lowell Senior High School Rated 9+
  • No HOA
  • 4 Car Garage

About This Home

As of May 2015

Unique multi level brick and cedar home that has been newly stained with 2x6 walls and newer roof. Beautifully stamped concrete and decking all around house. Custom cabinets in kitchen with granite counters and new stainless steel appliances. Custom cabinets and natural stone in large master bath. Dual sinks with granite. Large jetted Pearl whirlpool tub and separate glass shower. Freshly painted throughout home. Newer 50 gal hot water heater. Custom detached heated garage (26x28) with full basement,full attic with pull down stairs for storage. 200 AMP in attaced garage. A must see!! Make your appointment today!

Last Agent to Sell the Property

John Rostankovski

McColly Real Estate License #RB14017550 Listed on: 04/08/2014

McColly Real Estate

Last Buyer's Agent

Gina Guarino

McColly Real Estate License #RB14043690

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 94x189
  • Home fronts a stream
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Split Level Home
  • Brick Foundation

Interior Spaces

  • Wet Bar
  • Skylights
  • Recreation Room with Fireplace
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451923152001000008

Community Details

Overview

  • No Home Owners Association
  • Timber Springs Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,709

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Landscaped, Sloped, Wooded
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Timber Springs
  • Above Grade Finished Sq Ft: 2403
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Wet Bar
  • Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 801
  • Fireplace Features: Recreation Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Gas Grill, Lighting, Storage
  • Acres: 0.343
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Dimensions: 94x189
  • Lot Size Sq Ft: 14941
  • Parcel #: 451923152001000008

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 29, 2015
Sold by
Crepeau Barbara
Bought by
Draves Scott and Draves Denise
Seller's Agent
John Rostankovski
McColly Real Estate
Buyer's Agent
Gina Guarino
McColly Real Estate
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$480,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,229
Avg. Annual Appreciation
4.65%
Original Mortgage
$285,000
Outstanding Balance
$219,949
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$260,280

Purchase Details

Closed on
Mar 24, 2011
Sold by
Crepeau Andrew and Crepeau Barbara
Bought by
Crepeau Barbara
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 Buyer Sale Price Title Company
Draves Scott -- Community Title Co
Crepeau Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draves Scott $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $300,000 0.0% $94 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $300,000 -- $94 / 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 $11,542 $435,100 $76,600 $358,500
2023 $4,674 $435,400 $76,600 $358,800
2022 $4,674 $432,800 $76,600 $356,200
2021 $3,701 $347,800 $51,700 $296,100
2020 $3,604 $339,200 $51,700 $287,500
2019 $3,492 $316,600 $51,700 $264,900
2018 $3,985 $307,200 $51,700 $255,500
2017 $3,861 $279,700 $51,700 $228,000
2016 $6,469 $272,900 $51,700 $221,200
2014 $3,594 $266,700 $51,700 $215,000
2013 $3,677 $257,200 $51,600 $205,600
Source: Public Records

Agents Affiliated with this Home

  • John Rostankovski

    Seller's Agent in 2015

    John Rostankovski

    McColly Real Estate

    (219) 742-0301

    17 Total Sales

    John Rostankovski
    Section Image
  • Gina Guarino

    Buyer's Agent in 2015

    Gina Guarino

    McColly Real Estate

    (219) 765-6698

    4 in this area

    296 Total Sales

    Gina Guarino
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 347277

Northwest Indiana Association of REALTORS®

APN: 45-19-23-152-001.000-008

Indiana Lake County Lowell 46356 Cedar Creek

541 Walnut Ln, Lowell, IN

This home is located at 541 Walnut Ln, Lowell, IN 46356 since 08 April 2014 and is currently estimated at $480,229, approximately $149 per square foot. This property was built in 1985. 541 Walnut Ln is a home located in Lake County with nearby schools including Lowell Middle School and Lowell Senior High School.

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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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