NOT LISTED FOR SALE

550 W 137th Ave Crown Point, IN 46307

Estimated Value: $435,000 - $482,000

4 Beds
3 Baths
3,360 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $425,000 $126 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,083/month

22 Days on Market

Highlights

  • Barn
  • 10 Acre Lot
  • Recreation Room with Fireplace
  • Dwight D. Eisenhower Elementary School Rated A
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of April 2024

Unlimited Potential with over 3800 sq ft home sitting on a Beautiful Wooded Secluded Setting in Crown Point. The home features 4 Large bedrooms with tall ceilings plus an office,There is a Giant Living room with large windows and a walkout to a balcony leading to a Big Deck.There are 2 Rec rooms both with fireplaces with wood burners. The Kitchen and Main floor Rec Room both walk out to a Massive Sunroom with cathedral ceilings and windows galore! Home Features 4 attached garage areas with enough room to house 10+ cars.Keep in mind theres more than 3000 sq ft of additional barn space with multiple barn and lean to areas. Fantastic secluded location with close access Crown Point School System and town amentities.This home is a diamond in the rough and needs extensive updates and repairs but has a fantastic setting and Oppertunities! There are 2 additional 10 acre parcels that could be purchased to make a total of 30 acres. This is an Estate sale and property is being sold As Is!

Last Agent to Sell the Property

Steve Likas

McColly Real Estate License #RB14051105 Listed on: 01/23/2024

McColly Real Estate

Co-Listed By

Franziska Acke

Century 21 Circle License #RB18002170

Last Buyer's Agent

Kimberly Rusch

Rusch Real Estate, Inc. License #RB14035635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1975

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 331x1308x331x1308
  • Sloped Lot
  • Wooded Lot

Parking

  • 20 Car Detached Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Block Foundation
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Wood Burning Stove
  • Recreation Room with Fireplace
  • 2 Fireplaces
  • Country Kitchen
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Dwight D Eisenhower Elementary School
  • Robert Taft Middle School
  • Crown Point High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451628200009000041

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 1975

Lot Details

0

Parking

20

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: See Remarks
  • ResoLotFeatures: Open Lot, Sloped, Wooded
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1369
  • Co List Office Phone: (219) 661-3000
  • Co List Office Mls Id: NRA1369
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2560
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Two
  • New Construction: No
  • Reso Other Structures: Barn(s)
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Country Kitchen, Vaulted Ceiling(s), Wet Bar
  • Basement: Walk-Out Access
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800
  • Fireplace Features: Recreation Room, Wood Burning Stove
  • Fireplaces: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Other
  • Acres: 10
  • Construction Type: Block, Cedar, Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 20
  • Parking Features: Basement, Detached, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Robert Taft Middle School

Lot Info

  • Lot Dimensions: 331x1308x331x1308
  • Lot Size Sq Ft: 435600
  • Parcel #: 451628200009000041

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3745

MLS Schools

  • HighSchool: Crown Point High School
  • Elementary School: Dwight D Eisenhower Elem School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 12, 2024
Sold by
Raab Grantor Trust and Raab Randolph
Bought by
Werner Konrad J and Malmloff-Werner Lyndsay K
Seller's Agent
Steve Likas
McColly Real Estate
Buyer's Agent
Kimberly Rusch
Rusch Real Estate, Inc.
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
131
Current Estimated Value
$458,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,323
Avg. Annual Appreciation
5.23%
Original Mortgage
$340,000
Outstanding Balance
$334,920
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$123,403

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 11, 2024
Sold by
Raab Grantor Trust and Raab Randolph
Bought by
Werner Konrad J and Malmloff-Werner Lyndsay K
Seller's Agent
Steve Likas
McColly Real Estate
Buyer's Agent
Kimberly Rusch
Rusch Real Estate, Inc.
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$334,920
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$123,403

Purchase Details

Closed on
May 27, 2014
Sold by
Raab Clarence C and Raab Joan M
Bought by
Raab Randolph
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Werner Konrad J -- Northwest Indiana Title
Werner Konrad J $425,000 Northwest Indiana Title
Raab Randolph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Konrad J $340,000
Closed Werner Konrad J $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $425,000 -14.8% $126 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $499,000 -- $149 / 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 $7,727 $406,600 $52,700 $353,900
2023 $3,745 $363,600 $49,700 $313,900
2022 $3,745 $336,400 $46,600 $289,800
2021 $3,404 $325,300 $45,000 $280,300
2020 $3,724 $336,000 $44,900 $291,100
2019 $3,678 $326,400 $47,100 $279,300
2018 $3,737 $314,400 $47,500 $266,900
2017 $3,724 $306,900 $49,300 $257,600
2016 $3,755 $306,300 $36,700 $269,600
2014 $3,542 $305,400 $37,400 $268,000
2013 $3,567 $309,700 $35,200 $274,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Likas

    Seller's Agent in 2024

    Steve Likas

    McColly Real Estate

    (219) 313-3785

    3 in this area

    200 Total Sales

    Steve Likas
    Section Image

  • F

    Seller Co-Listing Agent in 2024

    Franziska Acke

    Century 21 Circle

    (219) 306-3070

    2 in this area

    91 Total Sales

    Franziska Acke
    Section Image

  • K

    Buyer's Agent in 2024

    Kimberly Rusch

    Rusch Real Estate, Inc.

    (219) 308-7000

    1 in this area

    14 Total Sales

    Kimberly Rusch
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544142

Northwest Indiana Association of REALTORS®

APN: 45-16-28-200-009.000-041

Indiana Lake County Crown Point 46307

550 W 137th Ave, Crown Point, IN

This home is located at 550 W 137th Ave, Crown Point, IN 46307 since 23 January 2024 and is currently estimated at $458,323, approximately $136 per square foot. This property was built in 1975. 550 W 137th Ave is a home located in Lake County with nearby schools including Dwight D. Eisenhower Elementary School, Colonel John Wheeler Middle School, and Crown Point High 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.

Nearby Homes