NOT LISTED FOR SALE

7251 E 116th Ct Winfield, IN 46307

Estimated Value: $396,000 - $457,000

2 Beds
2 Baths
1,571 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $363,600 $231 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,218/month

81 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Covered patio or porch
  • Winfield Elementary School Rated A-
  • Cottage
  • 2.5 Car Attached Garage

About This Home

As of June 2021

SLATED FOR COMPLETION LATE MAY. Photos are of prior build, and will be updated as construction progresses. Tired of shoveling snow and mowing grass? Our cottage homes are maintenance free! The REDBUD, featuring 2 bedrooms and 2 baths, has an open concept. Standard features include a large great room with vaulted ceiling, kitchen includes granite counters, soft close cabinet doors & dovetail drawers, crown molding, pantry, stainless steel microwave & dishwasher (options available), main bedroom w/tray ceiling, private bath, 2 walk-in closets, bathrooms include white quartz vanity tops, black or brushed nickel hardware & lighting, white ceilings plus one paint color included (eggshell finish), and full 8' basement (plumbed for future bath). Exterior features include full landscape package, sprinkler system, vinyl board & batten siding and cultured stone exterior, concrete drive and walks, covered porch, patio or deck (specific to plan). Quality built by LIFEHOUSE HOMES.

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 02/15/2021

McColly Real Estate

Co-Listed By

Joe Palmer

McColly Real Estate License #RB20001655

Last Buyer's Agent

Carolyn Morse

McColly Real Estate License #RB14041516

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,335

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 40' x 135' x 155' x 190'

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Stone

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • Property has a Home Owners Association
  • First American Management Association, Phone Number (219) 464-3536
  • Latitude Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,335

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA254
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Latitude
  • Above Grade Finished Sq Ft: 1571
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Daylight, Sump Pump
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Acres: 0.3202
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association Fee: 1560
  • Association Name: First American Management
  • Phone: (219) 464-3536
  • Association: Yes

Lot Info

  • Lot Dimensions: 40' x 135' x 155' x 190'
  • Lot Size Sq Ft: 13948

Tax Info

  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 10, 2021
Sold by
Lifehouse Homes Llc
Bought by
Berndt Theona E and Marshall And Theona Berridt Revocable Tr
Seller's Agent
Lynn Palmer
McColly Real Estate
Buyer's Agent
Carolyn Morse
McColly Real Estate
List Price
$363,600
Sold Price
$363,600
Current Estimated Value
$423,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,534
Avg. Annual Appreciation
3.83%
Original Mortgage
$345,420
Outstanding Balance
$316,120
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$107,014

Purchase Details

Closed on
Oct 7, 2020
Sold by
Latitude Development Llc
Bought by
Lifehouse Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,975
Interest Rate
2.8%
Mortgage Type
Construction
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
Berndt Theona E $363,600 Chicago Title Ins Co
Lifehouse Homes Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berndt Theona E $345,420
Previous Owner Lifehouse Homes Llc $231,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $363,600 0.0% $231 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $363,600 -- $231 / 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 $10,335 $385,100 $86,400 $298,700
2023 $4,012 $382,800 $86,400 $296,400
2022 $4,012 $359,000 $86,400 $272,600
2021 $1,802 $86,400 $86,400 $0
2020 $9 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Palmer

    Seller's Agent in 2021

    Lynn Palmer

    McColly Real Estate

    (219) 746-0284

    26 in this area

    198 Total Sales

    Lynn Palmer
    Section Image
  • Joe Palmer

    Seller Co-Listing Agent in 2021

    Joe Palmer

    McColly Real Estate

    (219) 746-3213

    20 in this area

    133 Total Sales

    Joe Palmer
    Section Image
  • Carolyn Morse

    Buyer's Agent in 2021

    Carolyn Morse

    McColly Real Estate

    (219) 898-7778

    1 in this area

    36 Total Sales

    Carolyn Morse
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 488387

Northwest Indiana Association of REALTORS®

APN: 45-17-08-452-007.000-047

Indiana Lake County Winfield 46307

7251 E 116th Ct, Winfield, IN

This home is located at 7251 E 116th Ct, Winfield, IN 46307 since 15 February 2021 and is currently estimated at $423,134, approximately $269 per square foot. This property was built in 2021. 7251 E 116th Ct is a home located in Lake County with nearby schools including Winfield Elementary School, Jerry Ross Elementary School, and Colonel John Wheeler Middle 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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