NOT LISTED FOR SALE

7288 E 116th Ct Winfield, IN 46307

Estimated Value: $397,685 - $457,000

3 Beds
2 Baths
1,662 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $327,875 $197 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,187/month

130 Days on Market

Highlights

  • New Construction
  • Cottage
  • 2.5 Car Attached Garage
  • Winfield Elementary School Rated A-
  • Covered patio or porch
  • 1-Story Property

About This Home

As of October 2020

SLATED FOR COMPLETION AUGUST. This is a thoughtfully designed cottage home located in an exciting new maintenance free development. The JUNIPER is an open concept 3 bedroom, 2 bath home. Standard features include great room with vaulted ceiling, kitchen with maple cabinetry, crown molding, dovetail drawers, granite in bathrooms and kitchens, soft close kitchen cabinet doors and drawers, pantry, stainless steel microwave and dishwasher, white ceilings and one paint color included (eggshell finish), black or brushed nickel hardware and lighting, fully landscaped (sod in front, netted/seeded sides and rear), sprinkler system, full 8' basement/plumbed for future bath, vinyl board and batten siding and cultured stone exterior, concrete patio, drive and walks, garage door opener installed. The Latitude subdivision is located not far from major highways, offering an easy commute to Chicagoland and the surrounding areas.Quality built by Lifehouse Homes.

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 03/06/2020

McColly Real Estate

Last Buyer's Agent

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 03/06/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,022

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,976 Sq Ft Lot
  • Lot Dimensions are 55.00' x 145.00'

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Stone

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 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

$10,022

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Latitude
  • Above Grade Finished Sq Ft: 1662
  • 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
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Acres: 0.1831
  • 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: 55.00' x 145.00'
  • Lot Size Sq Ft: 7976

Tax Info

  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Oct 2, 2020
Sold by
Lifehouse Homes Llc
Bought by
Nelson William J and Nelson Gertrude A
Seller's Agent
Lynn Palmer
McColly Real Estate
Buyer's Agent
Lynn Palmer
McColly Real Estate
List Price
$327,875
Sold Price
$327,875
Current Estimated Value
$422,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,296
Avg. Annual Appreciation
5.51%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2020
Sold by
Latitude Development Llc
Bought by
Lifehouse Hhhhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,525
Interest Rate
3.3%
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
Nelson William J -- Chicago Title Ins Co
Lifehouse Hhhhomes Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson William J $150,000
Previous Owner Lifehouse Hhhhomes Llc $240,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $327,875 0.0% $197 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $327,875 -- $197 / 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 $10,022 $373,000 $68,600 $304,400
2023 $4,112 $371,200 $65,900 $305,300
2022 $4,445 $397,100 $65,900 $331,200
2021 $3,558 $319,000 $65,900 $253,100
2020 $9 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Palmer

    Seller's Agent in 2020

    Lynn Palmer

    McColly Real Estate

    (219) 746-0284

    26 in this area

    198 Total Sales

    Lynn Palmer
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 471259

Northwest Indiana Association of REALTORS®

APN: 45-17-08-452-003.000-047

Indiana Lake County Winfield 46307

7288 E 116th Ct, Winfield, IN

This home is located at 7288 E 116th Ct, Winfield, IN 46307 since 06 March 2020 and is currently estimated at $422,171, approximately $254 per square foot. This property was built in 2020. 7288 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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