$125,000
SOLD MAY 24, 2016

7112 W 137th Ln Cedar Lake, IN 46303

6 Beds
2 Baths
2,296 Sq Ft
0.26 Acres

Recently Sold

$54 Per Sq Ft

52 Days on Market

Highlights

  • Laundry Facilities
  • Douglas MacArthur Elementary School Rated A
  • Community Storage Space

About This Home

As of March 2017

Great opportunity, two story, duplex with 2- 3bdrm/1bath units in good condition. Bedrooms on upper level, main level living, kitchen/dining and laundry area. Each unit has there own well and appliances. Recent updates within the last 8 years: hot water heaters, furnaces, central air, water softeners, roof, windows and appliances. Live on one side and rent out the other with as little as 3% down!!!

Last Agent to Sell the Property

Shelly Faber

McColly Real Estate License #RB14044470 Listed on: 03/03/2016

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot

Home Design

  • 2,296 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 451526402016000043

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Laundry, Storage Shed
  • Co List Office Mls Id: GNR898
  • Subdivision Name: None
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.259

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Size Sq Ft: 11282
  • Parcel #: 451526402016000043

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Ball Family Trust
Bought by
Cedartucky Homes Llc
Current Estimated Value
$231,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$178,116
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$53,484

Purchase Details

Closed on
Mar 10, 2020
Sold by
Ball Kyle and Ball Nicole
Bought by
Ball Kyler R and Ball Nicole J

Purchase Details

Listed on
Dec 16, 2016
Closed on
Apr 26, 2017
Sold by
Ball Kyle R and Ball Nicole J
Bought by
Ball Nicole
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$975
Sold Price
$975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.90%
Original Mortgage
$94,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2016
Closed on
Feb 28, 2017
Sold by
Ball Nicle
Bought by
Ball Kyle R and Ball Nicole
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$975
Sold Price
$975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 24, 2016
Sold by
Labeda Krzysztof and Labeda Barbara
Bought by
Ball Kyle R and Ball Nicole J
Seller's Agent
Shelly Faber
McColly Real Estate
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.71%
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 Type Sale Price Title Company
Deed -- Meridian Title
Interfamily Deed Transfer -- Enterprise Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 New Conventional
Previous Owner $94,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2017 03/23/17 Sold $975 0.0% $1 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $975 -99.2% $1 / Sq Ft
05/24/2016 05/24/16 Sold $125,000 0.0% $54 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $125,000 -- $54 / 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 $4,255 $170,700 $16,100 $154,600
2023 $3,475 $152,900 $16,100 $136,800
2022 $3,636 $157,100 $16,100 $141,000
2021 $3,134 $146,100 $16,100 $130,000
2020 $3,095 $139,100 $16,100 $123,000
2019 $3,007 $132,900 $16,100 $116,800
2018 $3,115 $128,500 $16,100 $112,400
2017 $3,092 $123,300 $16,100 $107,200
2016 $3,019 $118,500 $16,100 $102,400
2014 $2,675 $113,300 $12,900 $100,400
2013 $2,910 $119,500 $12,900 $106,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2017

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    16 in this area

    709 Total Sales

    Jeff McCormick
    Section Image
  • Shelly Faber

    Seller's Agent in 2016

    Shelly Faber

    McColly Real Estate

    (219) 775-1799

    79 in this area

    124 Total Sales

    Shelly Faber
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR388999

Northwest Indiana Association of REALTORS®

APN: 45-15-26-402-016.000-043

Indiana Lake County Cedar Lake 46303

7112 W 137th Ln, Cedar Lake, IN

This home is located at 7112 W 137th Ln, Cedar Lake, IN 46303 and is currently priced at $125,000, approximately $54 per square foot. This property was built in 1972. 7112 W 137th Ln is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft Middle School, and Crown Point 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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