NOT LISTED FOR SALE

7261 E 116th Ct Winfield, IN 46307

Estimated Value: $416,000 - $476,000

3 Beds
2 Baths
1,864 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $359,750 $193 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,506/month

31 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Covered patio or porch
  • Winfield Elementary School Rated A-
  • Cathedral Ceiling
  • 2.5 Car Attached Garage

About This Home

As of June 2021

SLATED FOR COMPLETION LATE JUNE. Photos of prior build will be updated with construction. Tired of shoveling snow and mowing grass? Our cottage homes are maintenance free! The FIRETHORN features 3 bedrooms, 2 baths, and 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, walk-in closet, bathrooms include white quartz vanity tops, black or brushed nickel hardware and 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

Lynn Palmer

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

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,418

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 36' x 190' x 25' x 142' x 128'
  • Sprinkler System

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Cottage
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,864 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

Overview

  • Latitude Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,418

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Co List Office Mls Id: GNR254
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Latitude
  • Architectural Style: Cottage, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Stone,Vinyl
  • GNR_UnfinishedSquareFootage: 1864
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 1560
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_NewConstruction: Never Occupied
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Daylight
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, In Ground Sprinklers, Patio
  • Acres: 0.3237

Garage/Parking

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

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee: 130

Lot Info

  • Lot Dimensions: 36' x 190' x 25' x 142' x 128'
  • Lot Size Sq Ft: 14100
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2019

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 25, 2021
Sold by
Lifehouse Homes Lcl
Bought by
Jenkins Thomas Edward and Jenkins Kelly Lee
Seller's Agent
Lynn Palmer
McColly Real Estate
Buyer's Agent
Lynn Palmer
McColly Real Estate
List Price
$359,750
Sold Price
$359,750
Current Estimated Value
$435,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,510
Avg. Annual Appreciation
4.89%
Original Mortgage
$166,000
Outstanding Balance
$152,242
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$283,018

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
$251,625
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
Jenkins Thomas Edward $359,750 Chicago Title Insurance Co
Lifehouse Homes Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Thomas Edward $166,000
Previous Owner Lifehouse Homes Llc $251,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $359,750 0.0% $193 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $359,750 -- $193 / 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 $11,418 $429,700 $88,500 $341,200
2023 $4,108 $422,900 $88,600 $334,300
2022 $4,108 $367,400 $88,600 $278,800
2021 $1,849 $88,600 $88,600 $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
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR488389

Northwest Indiana Association of REALTORS®

APN: 45-17-08-452-008.000-047

Indiana Lake County Winfield 46307

7261 E 116th Ct, Winfield, IN

This home is located at 7261 E 116th Ct, Winfield, IN 46307 since 15 February 2021 and is currently estimated at $435,260, approximately $233 per square foot. This property was built in 2021. 7261 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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