NOT LISTED FOR SALE

7305 W 138th Ln Cedar Lake, IN 46303

Estimated Value: $286,000 - $344,000

3 Beds
2 Baths
1,722 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $230,000 $134 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,277/month

16 Days on Market

Highlights

  • Lake View
  • Deck
  • Ranch Style House
  • Douglas MacArthur Elementary School Rated A
  • Recreation Room
  • 3-minute walk to Cedar Lake Parks Department

About This Home

As of September 2020

If you are looking for the Perfect Hillside Ranch then look no further! This house has it all with truly the perfect location: Lake Views/ Lake Access, and yards away from the Cedar Lake Fairgrounds, Farmers Market and Lighthouse Restaurant! The whole house has been remodeled within the last 4 years, and comes with beautiful hardwood floors, updated baths and kitchen, newer furnace, water heater, well and water softener. The Open Concept makes it ideal to entertain guests in the kitchen or on the front deck! This house has walk out basement which has the opportunity to add a 4th bedroom. The seller will also be including a Home Warranty for the buyer's peace of mind. With inventory low and a beautifully updated house located within the highly sought after Crown Point School District, set your appt. today and turn this house into your home before it's SOLD!!!!

Last Agent to Sell the Property

Alexander Evon

McColly Real Estate License #RB14046869 Listed on: 08/12/2020

Last Buyer's Agent

Rita Keelan Bais

Better Homes and Gardens Real License #RB14047582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1946

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 80x168
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • Skylights
  • Living Room
  • Recreation Room
  • Lake Views

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Crown Point High School

Utilities

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

Community Details

  • Binyon Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451526329020000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake View, Paved Road
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR486
  • Subdivision Name: Binyon Add
  • Architectural Style: Hillside Ranch
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1010
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Skylight(s)
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.3085

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80x168
  • Lot Size Sq Ft: 13440
  • Parcel #: 451526329020000043

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1995

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Crown Point High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 17, 2020
Sold by
Jimenez Francisco J
Bought by
Hodalj Mario
Seller's Agent
Alexander Evon
McColly Real Estate
Buyer's Agent
Rita Keelan Bais
Better Homes and Gardens Real
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$315,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,499
Avg. Annual Appreciation
6.33%
Original Mortgage
$218,500
Outstanding Balance
$194,783
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,273

Purchase Details

Listed on
Jun 18, 2015
Closed on
May 24, 2016
Sold by
Dunnett John
Bought by
Jimenez Francisco J
Seller's Agent
Amy Izzo
eXp Realty, LLC
List Price
$174,000
Sold Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$165,300
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
Sold by
Pocock James W and Pocock Debbie L
Bought by
Dunnett John
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hodalj Mario -- Meridian Title Corp
Jimenez Francisco J -- None Available
Dunnett John $11,000 None Available
Dunnett John $6,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodalj Mario $218,500
Previous Owner Jimenez Francisco J $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $230,000 0.0% $134 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $230,000 +32.2% $134 / Sq Ft
05/24/2016 05/24/16 Sold $174,000 0.0% $92 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $174,000 -- $92 / 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 $7,263 $287,500 $32,900 $254,600
2023 $2,874 $261,000 $32,900 $228,100
2022 $2,784 $250,900 $32,900 $218,000
2021 $2,575 $234,300 $32,900 $201,400
2020 $2,037 $189,300 $32,900 $156,400
2019 $1,995 $181,500 $32,900 $148,600
2018 $1,991 $176,000 $32,900 $143,100
2017 $1,852 $163,200 $32,900 $130,300
2016 $910 $103,200 $11,900 $91,300
2014 $2,447 $100,900 $11,900 $89,000
2013 $922 $106,400 $11,900 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Alexander Evon

    Seller's Agent in 2020

    Alexander Evon

    McColly Real Estate

    (219) 588-3206

    2 in this area

    93 Total Sales

    Alexander Evon
    Section Image
  • Rita Keelan Bais

    Buyer's Agent in 2020

    Rita Keelan Bais

    Better Homes and Gardens Real

    (219) 678-9625

    2 in this area

    56 Total Sales

    Rita Keelan Bais
    Section Image
  • Amy Izzo

    Seller's Agent in 2016

    Amy Izzo

    eXp Realty, LLC

    (708) 359-6510

    7 in this area

    246 Total Sales

    Amy Izzo
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR479597

Northwest Indiana Association of REALTORS®

APN: 45-15-26-329-020.000-043

Indiana Lake County Cedar Lake 46303

7305 W 138th Ln, Cedar Lake, IN

This home is located at 7305 W 138th Ln, Cedar Lake, IN 46303 since 12 August 2020 and is currently estimated at $315,499, approximately $183 per square foot. This property was built in 1946. 7305 W 138th Ln is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft Middle School, and Crown Point High 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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