RENTED DEC 11, 2025

Estimated Value: $1,324,623 - $1,483,000

5 Beds
4.5 Baths
3,414 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $1,450,000 $425 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,990/month

Highlights

  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Lowell Elementary School Rated A
  • Recreation Room
  • Home Office

About This Home

As of December 2025

This exceptional rental property rarely becomes available in a prime location. Welcome to 616 E Indiana Street! This remarkable custom-built Magnolia home, constructed in 2010, represents the opportunity you have been anticipating. The property offers luxury amenities at every turn and is situated on a spacious, private lot. You will appreciate the convenience of being just blocks away from the vibrant downtown area, which provides access to the train, French Market, shopping, restaurants, Prairie Path, parks, schools, and much more. Spanning 5,016 square feet of finished living space, this home is ideal for both everyday living and entertaining a large gathering. The exterior oasis is unmatched, featuring five outdoor living spaces. Welcome home.

Last Agent to Rent the Property

Joseph Champagne

Coldwell Banker Realty License #475123087 Listed on: 09/23/2025

Coldwell Banker Realty

Last Renter's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 63.9 x 173.9 x 63.9 x 174
  • Landscaped Professionally

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,414 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Porch

Schools

  • Lowell Elementary School
  • Franklin Middle School
  • Wheaton North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 10/1/25

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-10-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Rental Price: 6500
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Attached: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Range Hood
  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • LivingArea: 3414
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Bedroom 5, Eating Area, Office, Recreation Room, Foyer, Pantry, Walk In Closet, Balcony/Porch/Lanai, Utility Room-Lower Level, Other Room
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Cedar, Frame
  • ExteriorFeatures: Fire Pit
  • Lot Features: Landscaped
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Driveway, Owned, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Rent Includes: None

Schools

  • Elementary School: Lowell Elementary School
  • High School: Wheaton North High School
  • Middle/Junior School: Franklin Middle School

Lot Info

  • Lot Dimensions: 63.9 X 173.9 X 63.9 X 174
  • Rural (Y/N): N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 20, 2025
Sold by
Stephen G Lunn Trust and Lunn Stephen G
Bought by
Tyree Lisa
Seller's Agent
Julie Schwager
@properties Christie's International Real Estate
Buyer's Agent
Joseph Champagne
Coldwell Banker Realty
List Price
$1,365,000
Sold Price
$1,450,000
Premium/Discount to List
$85,000
6.23%
Views
2
Current Estimated Value
$1,421,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,094
Avg. Annual Appreciation
-3.26%

Purchase Details

Closed on
Aug 16, 2016
Sold by
Lunn Stephen G
Bought by
Lunn Stephen G and Stephen G Lunn Trust

Purchase Details

Closed on
Sep 12, 2013
Sold by
Lunn Alison Froebel and Lunn Stephen G
Bought by
Lunn Stephen G

Purchase Details

Closed on
Sep 29, 2009
Sold by
Crabtree Groupseries Llc-616 Indian Seri
Bought by
Frobel Lunn Stephen G and Frobel Lunn Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2007
Sold by
Amerimark Bank
Bought by
Crabtree Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,500
Interest Rate
7.75%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2007
Sold by
Amerimark Bank
Bought by
Amerimark Bank and Trust #07-555

Purchase Details

Closed on
Feb 17, 2006
Sold by
Mehl David A and Mehl Cynthia C
Bought by
Amerimark Bank Land Trust 96-345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Tyree Lisa $1,450,000 Advocus National Title Insuran
Lunn Stephen G -- Attorney
Lunn Stephen G -- None Available
Frobel Lunn Stephen G $827,500 Multiple
Crabtree Group Llc $255,000 Git
Amerimark Bank $255,000 Git
Amerimark Bank Land Trust 96-345 $255,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frobel Lunn Stephen G $400,000
Previous Owner Crabtree Group Llc $795,500
Previous Owner Amerimark Bank Land Trust 96-345 $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 Rented $6,000 -99.6% --
10/08/2025 10/08/25 Under Contract -- -- --
06/20/2025 06/20/25 Sold $1,450,000 +6.2% $425 / Sq Ft View Prior Sale
05/19/2025 05/19/25 For Sale $1,365,000 -- $400 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
Source: Midwest Real Estate Data (MRED)

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 $19,270 $306,984 $41,120 $265,864
2023 $18,555 $282,570 $37,850 $244,720
2022 $18,079 $267,050 $35,770 $231,280
2021 $18,027 $260,710 $34,920 $225,790
2020 $17,974 $258,280 $34,590 $223,690
2019 $17,573 $251,470 $33,680 $217,790
2018 $18,740 $264,740 $31,740 $233,000
2017 $18,478 $254,970 $30,570 $224,400
2016 $18,251 $244,790 $29,350 $215,440
2015 $18,134 $233,530 $28,000 $205,530
2014 $16,162 $205,330 $24,600 $180,730
2013 $15,745 $205,940 $24,670 $181,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12480658

Midwest Real Estate Data (MRED)

APN: 05-16-420-007