NOT LISTED FOR SALE

715 E Commercial Ave Lowell, IN 46356

Cedar Creek Neighborhood

Estimated Value: $200,000 - $295,000

4 Beds
3 Baths
2,000 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2019

Last sale price $83,500 $42 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,825 / mo

762 Days on Market

Highlights

  • Community Deck or Porch
  • Lowell Senior High School Rated 9+
  • Community Storage Space

About This Home

As of August 2019

Fantastic location 3 unit rental in downtown Lowell on Highway 2. Covered front porch, large lot with lots of parking space, shed, partial basement. All units have appliances. Unit A recently remodeled. Property is being sold AS-IS

Last Agent to Sell the Property

Sheree Perfetti

Northwest Indiana Real Estate License #RB14031260 Listed on: 06/01/2017

Co-Listed By

Danielle Hisaw

Northwest Indiana Real Estate License #RB14051042

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 20,909 Sq Ft Lot

Home Design

  • 2,000 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 10 Open Parking Spaces
  • Side Driveway
  • Gravel Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 451923455010000008

Community Details

Overview

  • 3 Units
  • Union Add Subdivision

Amenities

  • Community Deck or Porch
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Pets Allowed, Storage, Storage Shed
  • Co List Office Mls Id: GNR957
  • Co List Office Mls Id: GNR957
  • Subdivision Name: Union Add
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.48

Garage/Parking

  • Open Parking Spaces: 10
  • Parking Features: Off Street, Side Drive

Schools

  • Junior High Dist: Tri-Creek

Lot Info

  • Lot Size Sq Ft: 20909
  • ResoLotSizeUnits: Acres
  • Parcel #: 451923455010000008
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3720

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Bought by
Current Estimated Value
$262,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$67,075
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$194,988

Purchase Details

Closed on
Aug 3, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 2, 2019
Sold by
Bought by
Seller's Agent
Sheree Perfetti
Northwest Indiana Real Estate
List Price
$83,500
Sold Price
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%
Original Mortgage
$66,800
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cedar Creek, IN

  • Janet Keric Real Estate Agent - @properties/Christie's Intl RE

    Janet Keric

    @properties/Christie's Intl RE

    (219) 666-8453

    90 Total Sales

    2 in Cedar Creek

    $37K - $257K Price Range

    Janet Keric
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  • Terry Papp Real Estate Agent

    Terry Papp

    (219) 356-6913

    41 Total Sales

    1 in Cedar Creek

    $515,000 Price

    Terry Papp
     Section Image
  • Kim Odegard Real Estate Agent - eXp Realty, LLC

    Kim Odegard

    eXp Realty, LLC

    (219) 501-5626

    184 Total Sales

    1 in Cedar Creek

    $72,500 Price

    Kim Odegard
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  • Linda Schaver Real Estate Agent - @properties Christie's International Real Estate

    Linda Schaver

    @properties Christie's International Real Estate

    (779) 235-5847

    49 Total Sales

    1 in Cedar Creek

    $365,000 Price

    Linda Schaver
     Section Image
  • Jeff McCormick Real Estate Agent - McCormick Real Estate, Inc.

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 491-2854

    699 Total Sales

    5 in Cedar Creek

    $2K - $480K Price Range

    Jeff McCormick
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  • Nadine Philips Real Estate Agent - Coldwell Banker Real Estate Gr

    Nadine Philips

    Coldwell Banker Real Estate Gr

    (219) 217-4913

    78 Total Sales

    3 in Cedar Creek

    $225K - $415K Price Range

    Nadine Philips
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Northwest Indiana Title
$142,500 Heartland Title Services Inc
-- Northwest Indiana Title
-- Meridian Title Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $75,000
Previous Owner $114,000
Previous Owner $66,800
Previous Owner $137,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $83,500 0.0% $42 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/01/2017 06/01/17 For Sale $83,500 -- $42 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,606 $251,100 $43,800 $207,300
2024 $5,993 $240,400 $43,800 $196,600
2023 $4,522 $226,100 $43,800 $182,300
2022 $4,310 $215,500 $43,800 $171,700
2021 $3,376 $168,800 $34,000 $134,800
2020 $3,382 $169,100 $34,000 $135,100
2019 $3,294 $160,500 $34,000 $126,500
2018 $3,708 $158,300 $34,000 $124,300
2017 $3,721 $150,000 $26,000 $124,000
2016 $3,551 $149,800 $26,200 $123,600
2014 $3,475 $146,400 $26,200 $120,200
2013 $3,628 $145,800 $26,200 $119,600
Source: Public Records

Agents Affiliated with this Home

  • Sheree Perfetti Real Estate Agent - Northwest Indiana Real Estate

    Seller's Agent in 2019

    Sheree Perfetti

    Northwest Indiana Real Estate

    (219) 746-6244

    14 in this area

    89 Total Sales

    Sheree Perfetti
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Danielle Hisaw

    Northwest Indiana Real Estate

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR415645

Northwest Indiana Association of REALTORS®

APN: 45-19-23-455-010.000-008

Indiana Lake County Lowell 46356 Cedar Creek

715 E Commercial Ave, Lowell, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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