NOT LISTED FOR SALE

7308 E 116th Ct Winfield, IN 46307

Estimated Value: $411,000 - $465,000

4 Beds
2 Baths
2,034 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $425,000 $209 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,441/month

62 Days on Market

Highlights

  • New Construction
  • Deck
  • Cathedral Ceiling
  • Winfield Elementary School Rated A-
  • Ranch Style House
  • Corner Lot

About This Home

As of May 2023

NEW CONSTRUCTION - NEVER OCCUPIED! This home sits on a corner lot and features 4 bedrooms, 2 baths, and an open concept. Interior features include a large great room w/vaulted ceiling and FIREPLACE, kitchen includes granite counters, soft close white painted cabinet doors & dovetail drawers, crown molding, engineered HARDWOOD throughout entry, kitchen and living areas, pantry, UPGRADED black fingerprint resistant stainless steel kitchen appliances, main bedroom w/tray ceiling, private bath with CUSTOM TILED SHOWER, 2 walk-in closets, flex room w/French doors, white QUARTZ vanity tops, black hardware & lighting, eggshell paint, full 8' DAYLIGHT basement (plumbed for future bath). Exterior features include ENCLOSED SCREENED-IN PORCH with POND VIEWS, full landscape package, sprinkler system, vinyl board & batten siding with cultured stone exterior, concrete drive and walks, fully insulated painted garage, and covered front porch. This community is maintenance free!

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 01/26/2023

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70' x 148' x 86' x 122'
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,034 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451708453013000047

Community Details

Overview

  • Association Phone (219) 464-3536
  • Latitude Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,626

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR254
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Latitude
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Stone,Vinyl
  • GNR_UnfinishedSquareFootage: 2034
  • 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_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_NewConstruction: Never Occupied
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Daylight
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Porch-Enclosed, In Ground Sprinklers, Patio, Porch Screened
  • Acres: 0.24

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: 140
  • Phone: (219) 464-3536
  • Association: Yes

Lot Info

  • Lot Dimensions: 70' x 148' x 86' x 122'
  • Lot Size Sq Ft: 10454
  • ResoLotSizeUnits: Acres
  • Parcel #: 451708453013000047
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4626

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 16, 2023
Sold by
Lifehouse Homes Llc
Bought by
Taylor Jody W and Taylor Stacy L
Seller's Agent
Lynn Palmer
McColly Real Estate
List Price
$434,900
Sold Price
$425,000
Premium/Discount to List
-$9,900
-2.28%
Current Estimated Value
$440,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,902
Avg. Annual Appreciation
0.51%
Original Mortgage
$265,000
Outstanding Balance
$258,057
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$171,913

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,625
Interest Rate
3.3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Taylor Jody W $425,000 Chicago Title
Lifehouse Home Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Jody W $265,000
Previous Owner Lifehouse Home Llc $278,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $425,000 -2.3% $209 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $434,900 -- $214 / 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 $10,905 $397,000 $80,400 $316,600
2023 $5,773 $403,900 $86,400 $317,500
2022 $5,773 $420,900 $86,400 $334,500
2021 $4,626 $341,900 $86,400 $255,500
2020 $9 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Palmer

    Seller's Agent in 2023

    Lynn Palmer

    McColly Real Estate

    (219) 746-0284

    26 in this area

    180 Total Sales

    Lynn Palmer
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525357

Northwest Indiana Association of REALTORS®

APN: 45-17-08-453-013.000-047

Indiana Lake County Winfield 46307

7308 E 116th Ct, Winfield, IN

This home is located at 7308 E 116th Ct, Winfield, IN 46307 since 26 January 2023 and is currently estimated at $440,902, approximately $216 per square foot. This property was built in 2020. 7308 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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