NOT LISTED FOR SALE

5506 W Main St Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $233,000 - $239,000

2 Beds
1 Bath
926 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $59,000 $64 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,496/month

1 Day on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of December 2020

Calling all investors! This 2 bed/1bath property on .22 acres needs some TLC but is an ideal investment. New furnace. New hot water heater. New flooring. Being sold As-Is.

Last Agent to Sell the Property

Sarah Perfetti

Northwest Indiana Real Estate License #RB19000084 Listed on: 10/09/2020

Co-Listed By

Sheree Perfetti

Northwest Indiana Real Estate License #RB14031260

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x100

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper

Interior Spaces

  • 926 Sq Ft Home
  • Living Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 451912264009000007

Community Details

Overview

  • Dalecarlia Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Access, Nearly Level
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR957
  • Co List Office Mls Id: GNR957
  • Subdivision Name: Dalecarlia
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 150
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Acres: 0.22

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 9583
  • ResoLotSizeUnits: Acres
  • Parcel #: 451912264009000007
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1713

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Anderson Bradley S
Bought by
Youkhanna Marguerite J and Boyd Gary W
Current Estimated Value
$236,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Outstanding Balance
$230,147
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$302

Purchase Details

Closed on
Oct 19, 2022
Sold by
Anderson Brad
Bought by
Anderson Bradley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 2, 2020
Sold by
Mustang Investment Properties Llc
Bought by
Anderson Brad
Seller's Agent
Sarah Perfetti
Northwest Indiana Real Estate
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.22%

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 1, 2020
Sold by
Mustang Investment Properties Llc
Bought by
Anderson Brad
Seller's Agent
Sarah Perfetti
Northwest Indiana Real Estate
List Price
$59,000
Sold Price
$59,000
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 Buyer Sale Price Title Company
Youkhanna Marguerite J $235,000 Liberty Title
Anderson Bradley S -- Liberty Title
Anderson Brad -- Northwest Indiana Title
Anderson Brad -- Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youkhanna Marguerite J $230,743
Previous Owner Anderson Bradley S $106,000
Previous Owner Anderson Bradley S $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $59,000 0.0% $64 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $59,000 -- $64 / 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 $2,136 $141,400 $60,000 $81,400
2023 $604 $110,500 $50,000 $60,500
2022 $341 $81,100 $22,500 $58,600
2021 $316 $74,700 $21,000 $53,700
2020 $1,152 $73,100 $21,000 $52,100
2019 $1,212 $70,900 $21,000 $49,900
2018 $1,181 $69,000 $21,000 $48,000
2017 $1,212 $66,500 $21,000 $45,500
2016 $1,144 $64,700 $21,000 $43,700
2014 $1,167 $68,100 $21,000 $47,100
2013 $1,166 $65,900 $21,000 $44,900
Source: Public Records

Agents Affiliated with this Home

  • Sarah Perfetti

    Seller's Agent in 2020

    Sarah Perfetti

    Northwest Indiana Real Estate

    (219) 306-6089

    13 in this area

    98 Total Sales

    Sarah Perfetti
    Section Image
  • Sheree Perfetti

    Seller Co-Listing Agent in 2020

    Sheree Perfetti

    Northwest Indiana Real Estate

    (219) 746-6244

    19 in this area

    103 Total Sales

    Sheree Perfetti
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR482939

Northwest Indiana Association of REALTORS®

APN: 45-19-12-264-009.000-007

Indiana Lake County Lowell 46356 Cedar Creek

5506 W Main St, Lowell, IN

This home is located at 5506 W Main St, Lowell, IN 46356 since 09 October 2020 and is currently estimated at $236,201, approximately $255 per square foot. This property was built in 1950. 5506 W Main St 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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