NOT LISTED FOR SALE

7216 W 128th Ln Cedar Lake, IN 46303

Estimated Value: $130,000 - $136,000

2 Beds
1 Bath
751 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $130,000 $173 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $876/month

4 Days on Market

Highlights

  • 75,100 Acre Lot
  • Wood Flooring
  • No HOA
  • Douglas MacArthur Elementary School Rated A
  • Corner Lot
  • Neighborhood Views

About This Home

As of August 2024

Why rent when you can own? This affordable and charming cottage offers the perfect weekend retreat. Enjoy a relaxing getaway with lake access nearby for boating and fishing on Cedar Lake. Whether you're looking for a personal retreat or a potential income-generating Airbnb, this little gem has plenty of potential. While it needs some TLC, it's a fantastic opportunity to make it your own!

Last Agent to Sell the Property

Rebecca Steininger

McColly Real Estate License #RB14048275 Listed on: 08/05/2024

McColly Real Estate

Last Buyer's Agent

David Whitehead

RE/MAX Lifestyles License #RB14035139

RE/MAX Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1926

Lot Details

  • 75,100 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Home Design

  • Cottage

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45-15-23-187-050.000-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Laundry Room
  • ResoLotFeatures: Back Yard, Level, Front Yard, Few Trees, Corner Lot, Cleared
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Asphalt
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA270
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 751
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Flooring: Hardwood, Linoleum
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None, Private Yard
  • Fencing: Chain Link, Partial
  • Acres: 75100
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Front Porch
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: .17
  • Lot Size Sq Ft: 3271356000
  • Additional Parcels: No
  • Parcel #: 45-15-23-187-050.000-043
  • Zoning Description: Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1584.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Aug 30, 2024
Sold by
Vukmirovich George
Bought by
Candeb Properties Llc
Seller's Agent
Rebecca Steininger
McColly Real Estate
Buyer's Agent
David Whitehead
RE/MAX Lifestyles
List Price
$117,900
Sold Price
$130,000
Premium/Discount to List
$12,100
10.26%
Views
58
Current Estimated Value
$133,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,712
Avg. Annual Appreciation
2.67%
Source: Public Records

Range of Values:

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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
Candeb Properties Llc $130,000 Community Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $130,000 +10.3% $173 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $117,900 -- $157 / 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 $1,998 $77,200 $22,600 $54,600
2023 $1,527 $71,800 $22,600 $49,200
2022 $1,527 $69,100 $22,600 $46,500
2021 $1,439 $67,100 $22,600 $44,500
2020 $1,441 $65,200 $22,600 $42,600
2019 $1,375 $62,200 $22,600 $39,600
2018 $1,559 $64,300 $22,600 $41,700
2017 $1,590 $63,400 $22,600 $40,800
2016 $1,663 $63,600 $22,600 $41,000
2014 $1,567 $64,600 $22,600 $42,000
2013 $1,558 $62,400 $22,600 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 808097

Northwest Indiana Association of REALTORS®

APN: 45-15-23-187-050.000-043