NOT LISTED FOR SALE

7224 W 128th Ln Cedar Lake, IN 46303

Estimated Value: $79,000 - $180,000

2 Beds
1 Bath
705 Sq Ft
$193/Sq Ft Est. Value

Last Sold February 26, 2025

Last sale price $168,000 $238 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $856/month

26 Days on Market

Highlights

  • No HOA
  • Cottage
  • Outdoor Storage
  • Douglas MacArthur Elementary School Rated A
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

This charming, fully remodeled cottage in the highly sought-after Crown Point School District is a must see! Every detail has been thoughtfully updated, including new vinyl siding, gutters, well pump, furnace/AC, quartz countertops, cabinets, updated electrical and plumbing, trim, insulation, and a tankless water heater. Fresh paint and new front and back porches add even more appeal to this property. Whether your looking for a move in ready home or an income property, this may be for you!

Last Agent to Sell the Property

Heather Bahl

Better Homes and Gardens Real License #RB14052225 Listed on: 01/11/2025

Better Homes and Gardens Real

Last Buyer's Agent

Samantha Henderson

Rock Realty Group LLC License #RB22000881

Rock Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Additional Parcels

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Douglas Macarthur Elementary Sch
  • Colonel John Wheeler Middle School
  • Crown Point High School

Utilities

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

Community Details

  • No Home Owners Association
  • Highwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451523187049000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$158

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Co List Office Mls Id: NRA2007
  • Subdivision Name: Highwood
  • Above Grade Finished Sq Ft: 705
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave
  • Interior Amenities: Granite Counters
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Storage
  • Fencing: None
  • Acres: 0.0574
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • 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: Colonel John Wheeler Middle School

Lot Info

  • Lot Dimensions: 50 X 100
  • Lot Size Sq Ft: 2500
  • Additional Parcels: Yes
  • Parcel #: 451523187049000043

Tax Info

  • Year: 2023
  • Tax Annual Amount: 158

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
Jan 11, 2025
Closed on
Feb 26, 2025
Sold by
Nwi Associates Llc
Bought by
Fugate Timothy and Fugate Wendolyn
Seller's Agent
Heather Bahl
Better Homes and Gardens Real
Buyer's Agent
Samantha Henderson
Rock Realty Group LLC
List Price
$180,000
Sold Price
$168,000
Premium/Discount to List
-$12,000
-6.67%
Total Days on Market
26
Views
119
Current Estimated Value
$135,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,214
Avg. Annual Appreciation
-50.82%
Original Mortgage
$100,000
Outstanding Balance
$99,919
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$35,867

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 10, 2024
Sold by
Crump Tarrance and Crump Terriun
Bought by
Nwi Associates Llc
Seller's Agent
Shena Omotola
Skyward Realty, LLC
Buyer's Agent
Heather Bahl
Better Homes and Gardens Real
List Price
$90,000
Sold Price
$73,500
Premium/Discount to List
-$16,500
-18.33%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.20%

Purchase Details

Listed on
Mar 6, 2022
Closed on
Jun 13, 2022
Sold by
Lamberty Jr Edward M
Bought by
Lamberty William R and Crump Terriun
Seller's Agent
Kathleen Lee
Crown Executive Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Listed on
Mar 6, 2022
Closed on
May 20, 2022
Sold by
Lamberty Jr Edward M
Bought by
Lamberty William R and Crump Terriun
Seller's Agent
Kathleen Lee
Crown Executive Realty
List Price
$65,000
Sold Price
$65,000

Purchase Details

Listed on
Mar 6, 2022
Closed on
May 6, 2022
Sold by
Lamberty Jr Edward M
Bought by
Lamberty William R and Crump Terriun
Seller's Agent
Kathleen Lee
Crown Executive Realty
List Price
$65,000
Sold Price
$65,000
Source: Public Records

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Range of Values:

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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
Fugate Timothy -- Fidelity National Title
Nwi Associates Llc -- None Listed On Document
Lamberty William R -- Fidelity National Title
Lamberty William R -- Fidelity National Title
Lamberty William R -- Fidelity National Title
Crump Tarrance -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fugate Timothy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $168,000 -6.7% $238 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/11/2025 01/11/25 For Sale $180,000 +144.9% $255 / Sq Ft
01/15/2024 01/15/24 Sold $73,500 -13.5% $121 / Sq Ft
12/04/2023 12/04/23 Price Changed $85,000 -5.6% $140 / Sq Ft
12/04/2023 12/04/23 For Sale $90,000 +38.5% $148 / Sq Ft
05/06/2022 05/06/22 Sold $65,000 0.0% $107 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $65,000 -- $107 / 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 $1,169 $45,700 $8,400 $37,300
2023 $888 $42,000 $8,400 $33,600
2022 $888 $40,200 $8,400 $31,800
2021 $832 $38,800 $8,400 $30,400
2020 $831 $37,600 $8,400 $29,200
2019 $1,292 $35,400 $8,400 $27,000
2018 $829 $34,200 $8,400 $25,800
2017 $843 $33,600 $8,400 $25,200
2016 $878 $33,600 $8,400 $25,200
2014 $1,106 $45,600 $8,400 $37,200
2013 $1,079 $43,200 $8,400 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814791

Northwest Indiana Association of REALTORS®

APN: 45-15-23-187-048.000-043