NOT LISTED FOR SALE

7120 W 132nd Place Cedar Lake, IN 46303

Estimated Value: $134,357 - $212,000

2 Beds
1 Bath
734 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $189,900 $259 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,137/month

21 Days on Market

Highlights

  • Lake View
  • Deck
  • 1-Story Property
  • Douglas MacArthur Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Come check out this BRAND NEW HOME in Cedar Lake! Home is located across the street from the lake, with lake view! Just a short walk to the Sand Grill, Dairy Belle and Sip House coffee shop. Bonus ... it's only a 15-minute walk to the Cedar Lake Public Access Site! Everything in the home is NEW! New roof, new siding, new flooring, new furnace, TWO new decks, new appliances, and a walk-in shower with pebble tile flooring. Home sits on 2 lots, and has an additional 4 lots in the back. The town of Cedar Lake has so much to offer residents, from the land, from the shore and to the water, there's something for everyone! Come enjoy the lake life in the beautiful new home. Please note that seller is still adding finishing touches to the house.Shades Add Cedar Lake Plat B-A BL.6 Lots 23 and 24 also Lots 11,12,13 & 14 (new tax id for these combined lots)

Last Agent to Sell the Property

Lisa Kopanakis

Listing Leaders License #RB14039722 Listed on: 03/29/2023

Listing Leaders

Co-Listed By

Bridget Kipta

Listing Leaders License #RB14039623

Last Buyer's Agent

Elisha Terry

McColly Real Estate License #RB21002710

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1925

Lot Details

  • 4,900

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Lake Views
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Douglas Macarthur Elementary Sch
  • Robert Taft Middle School
  • Crown Point High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Deck
  • 4,900 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Built by Remodel Home
  • Shades Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451523454023000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Other, Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • Water Body Name: Cedar Lake
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRAgenericoffice
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Shades Add
  • Above Grade Finished Sq Ft: 734
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space
  • Flooring: Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.1125
  • Builder Name: Remodel Home
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Crown Point
  • Middle Or Junior School: Robert Taft Middle School

Lot Info

  • Lot Dimensions: irregular multiple lots
  • Lot Size Sq Ft: 4900
  • Parcel #: 451523454023000043
  • Zoning Description: Residential

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1069

MLS Schools

  • HighSchool: Crown Point High School
  • Elementary School: Douglas MacArthur Elementary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 24, 2023
Sold by
Rincon Diego A
Bought by
Alvarez Minerva
Seller's Agent
Lisa Kopanakis
Listing Leaders
Buyer's Agent
Elisha Terry
McColly Real Estate
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$171,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,311
Avg. Annual Appreciation
-5.87%
Original Mortgage
$173,900
Outstanding Balance
$169,434
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
-$3,905

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 23, 2023
Sold by
Rincon Diego A
Bought by
Alvarez Minerva
Seller's Agent
Lisa Kopanakis
Listing Leaders
Buyer's Agent
Elisha Terry
McColly Real Estate
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Outstanding Balance
$169,434
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
-$3,905

Purchase Details

Closed on
Jul 25, 2022
Sold by
Kubal Gary Dean
Bought by
Rincon Diego A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarez Minerva $189,900 Chicago Title
Alvarez Minerva -- Chicago Title
Rincon Diego A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Minerva $173,900
Closed Alvarez Minerva $173,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $189,900 0.0% $259 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $189,900 -- $259 / 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 $2,451 $98,400 $16,400 $82,000
2023 $1,070 $88,100 $16,400 $71,700
2022 $1,070 $48,400 $16,400 $32,000
2021 $1,013 $47,200 $16,400 $30,800
2020 $1,014 $45,900 $16,400 $29,500
2019 $966 $43,700 $16,400 $27,300
2018 $1,030 $42,500 $16,400 $26,100
2017 $1,046 $41,700 $16,400 $25,300
2016 $1,090 $41,700 $16,400 $25,300
2014 $1,035 $42,700 $16,400 $26,300
2013 $1,026 $41,100 $16,400 $24,700
Source: Public Records

Agents Affiliated with this Home

  • Lisa Kopanakis

    Seller's Agent in 2023

    Lisa Kopanakis

    Listing Leaders

    (219) 730-9594

    1 in this area

    20 Total Sales

    Lisa Kopanakis
    Section Image
  • Bridget Kipta

    Seller Co-Listing Agent in 2023

    Bridget Kipta

    Listing Leaders

    (219) 728-8503

    1 in this area

    26 Total Sales

    Bridget Kipta
    Section Image

  • E

    Buyer's Agent in 2023

    Elisha Terry

    McColly Real Estate

    (773) 417-1764

    1 in this area

    7 Total Sales

    Elisha Terry
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 527982

Northwest Indiana Association of REALTORS®

APN: 45-15-23-454-023.000-043

Indiana Lake County Cedar Lake 46303

7120 W 132nd Place, Cedar Lake, IN

This home is located at 7120 W 132nd Place, Cedar Lake, IN 46303 since 29 March 2023 and is currently estimated at $171,589, approximately $233 per square foot. This property was built in 1925. 7120 W 132nd 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.

Nearby Homes