NOT LISTED FOR SALE

5509 Vasa Terrace Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $264,000 - $331,000

1.5 Acres
$201,337 Price per Acre
65,340 Sq Ft Lot

Last Sold October 06, 2016

Last sale price $29,900 $16 Per Sq Ft

Est. 910% increase in value since last sale

Current estimated payment $2,018/month

89 Days on Market

Highlights

  • Access To Lake
  • Wooded Lot
  • Level Lot
  • 1.5 Acre Lot

About This Lot

As of October 2016

Wooded 1.5 acre lot with lake rights to Lake Dalecarlia. This lot is tucked away only about a block from one of the beaches on this private lake. Improved road frontage on the East side (per visual inspection-please verify). It is just waiting for you to build your dream estate and enjoy all of the joys of nature AND lakeside living combined. A must come see! Look around and envision the floor plan for your future oasis. Buyer to verify availability of sewer tap as this is required to build and availability changes periodically. Property owners in this community have the option to install a pier on one of the out lots and dock their boat for the season.

Last Agent to Sell the Property

Laura Nylen

McColly Real Estate License #RB14029096 Listed on: 06/09/2016

McColly Real Estate

Co-Listed By

Brandi Mace

EENSHUISTRA APPRAISALS License #CR62300019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $349

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Wooded Lot

Utilities

  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number 451912203001000007

Community Details

Overview

  • Dalecarlia Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$349

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Acreage, Lake Access, Nearly Level, Water Rights, Wooded
  • Road Frontage Type: County Road, Paved Road
  • Co List Office Mls Id: GNR1572
  • Co List Office Mls Id: GNR1572
  • Subdivision Name: Dalecarlia
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • GNR_ModularAllowed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 1.5

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Size Sq Ft: 65340
  • ResoLotSizeUnits: Acres
  • Parcel #: 451912203001000007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 349

Range of Values:

Collateral Analytics

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed King Donald $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $29,900 0.0% $16 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $29,900 -- $16 / 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 $4,501 $242,800 $76,900 $165,900
2023 $1,851 $232,800 $64,100 $168,700
2022 $1,973 $221,700 $57,700 $164,000
2021 $1,668 $198,000 $53,900 $144,100
2020 $1,527 $189,100 $53,900 $135,200
2019 $1,584 $183,700 $53,900 $129,800
2018 $1,577 $182,700 $53,900 $128,800
2017 $1,654 $177,900 $53,900 $124,000
2016 $1,568 $174,100 $53,900 $120,200
2014 $1,538 $174,400 $53,800 $120,600
2013 $1,281 $156,000 $53,900 $102,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Nylen

    McColly Real Estate

    (219) 712-2469

    8 in this area

    39 Total Sales

    Laura Nylen
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Brandi Mace

    EENSHUISTRA APPRAISALS

    (219) 776-3113

    3 in this area

    17 Total Sales

    Brandi Mace
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR395414

Northwest Indiana Association of REALTORS®

APN: 45-19-12-202-001.000-007

Indiana Lake County Lowell 46356 Cedar Creek

5509 Vasa Terrace, Lowell, IN

This home is located at 5509 Vasa Terrace, Lowell, IN 46356 since 09 June 2016 and is currently estimated at $302,006, approximately $165 per square foot. 5509 Vasa Terrace is a home located in Lake County with nearby schools including Lowell Middle School and Lowell Senior 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.

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