NOT LISTED FOR SALE

7118 W 131st Place Cedar Lake, IN 46303

Estimated Value: $92,000 - $226,000

3 Beds
1 Bath
1,071 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $23,500 $22 Per Sq Ft

Est. 604% increase in value since last sale

Current estimated payment $917/month

78 Days on Market

Highlights

  • Ranch Style House
  • Country Kitchen
  • Forced Air Heating System
  • Douglas MacArthur Elementary School Rated A
  • Living Room
  • Fenced

About This Home

As of August 2019

Attention investors!! Great opportunity in Cedar Lake!

Last Agent to Sell the Property

Marco Trevino

Listing Leaders License #RB18000976 Listed on: 05/11/2019

Listing Leaders

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,900 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Composition Shingle

Interior Spaces

  • 1,071 Sq Ft Home
  • Living Room
  • Country Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Shades Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451523451005000043

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1690
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: Shades Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Composition Shingle
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • 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: Country Kitchen, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.1125

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4900
  • Parcel #: 451523451005000043

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1961

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Orellano Noel V
Bought by
Green Daminion Y
Current Estimated Value
$165,333

Purchase Details

Listed on
May 11, 2019
Closed on
Aug 13, 2019
Sold by
Lake County Liens Llc
Bought by
Orellano Noel V
Seller's Agent
Marco Trevino
Listing Leaders
List Price
$23,500
Sold Price
$23,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.47%

Purchase Details

Closed on
Dec 6, 2018
Sold by
Riese Mark
Bought by
Lake County Liens Llc

Purchase Details

Listed on
May 31, 2014
Closed on
Aug 15, 2014
Sold by
Cloninger Sharon and Wolff Lauren R
Bought by
Riese Mark
Seller's Agent
Patty Flewellen
Langen Realty
Buyer's Agent
Dennis Ahrens
Century 21 Circle
List Price
$23,000
Sold Price
$23,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%
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
Green Daminion Y $33,000 Meridian Title
Orellano Noel V -- None Available
Lake County Liens Llc $4,446 None Available
Riese Mark -- Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $23,500 0.0% $22 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $23,500 +2.2% $22 / Sq Ft
08/15/2014 08/15/14 Sold $23,000 0.0% $21 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $23,000 -- $21 / 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 $484 $17,400 $17,400 --
2023 $425 $17,400 $17,400 --
2022 $425 $17,400 $17,400 $0
2021 $659 $30,700 $17,400 $13,300
2020 $988 $44,700 $17,400 $27,300
2019 $957 $43,300 $17,400 $25,900
2018 $2,027 $43,300 $17,400 $25,900
2017 $1,961 $44,100 $17,400 $26,700
2016 $902 $34,500 $8,900 $25,600
2014 $206 $32,700 $8,900 $23,800
2013 $213 $32,800 $8,900 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Marco Trevino

    Seller's Agent in 2019

    Marco Trevino

    Listing Leaders

    (219) 488-9297

    3 in this area

    114 Total Sales

    Marco Trevino
    Section Image

  • P

    Seller's Agent in 2014

    Patty Flewellen

    Langen Realty

  • D

    Buyer's Agent in 2014

    Dennis Ahrens

    Century 21 Circle

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR454860

Northwest Indiana Association of REALTORS®

APN: 45-15-23-451-005.000-043

Indiana Lake County Cedar Lake 46303

7118 W 131st Place, Cedar Lake, IN

This home is located at 7118 W 131st Place, Cedar Lake, IN 46303 since 11 May 2019 and is currently estimated at $165,333, approximately $154 per square foot. This property was built in 1920. 7118 W 131st Place is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft 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.

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