NOT LISTED FOR SALE

7323 E 116th Place Winfield, IN 46307

Estimated Value: $367,000 - $416,000

2 Beds
2 Baths
1,571 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $368,975 $235 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,970/month

100 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 July 2022

MOVE IN READY! (Completed photos are of prior build and will be updated shortly). 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, main bath, 2 walk-in closets, bathrooms include quartz vanity tops, hardware & lighting options, painted ceilings plus one paint color choice 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, or deck (specific to plan). Tired of shoveling snow and mowing grass? Our community is maintenance free!

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 01/29/2022

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,148 Sq Ft Lot
  • Lot Dimensions are 55' x 130'
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,571 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 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
  • Cable TV Available

Community Details

Overview

  • Latitude Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,533

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, 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: 1571
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 300
  • 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: 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: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, In Ground Sprinklers, Patio
  • Acres: 0.1641

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

Lot Info

  • Lot Dimensions: 55' x 130'
  • Lot Size Sq Ft: 7148
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Jul 15, 2022
Sold by
Lifehouse Homes Llc
Bought by
Recktenwall Martiann
Seller's Agent
Lynn Palmer
McColly Real Estate
List Price
$368,975
Sold Price
$368,975
Current Estimated Value
$394,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,816
Avg. Annual Appreciation
2.21%
Original Mortgage
$109,900
Outstanding Balance
$105,450
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$289,341

Purchase Details

Closed on
Sep 28, 2021
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
$207,270
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Recktenwall Martiann -- Chicago Title
Lifehouse Homes Llc $65,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Recktenwall Martiann $109,900
Previous Owner Lifehouse Homes Llc $207,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $368,975 0.0% $235 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $368,975 -- $235 / 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 $9,533 $356,900 $60,900 $296,000
2023 $1,599 $353,100 $59,400 $293,700
2022 $1,599 $157,700 $59,400 $98,300
2021 $9 $400 $400 $0
2020 $9 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Palmer

    Seller's Agent in 2022

    Lynn Palmer

    McColly Real Estate

    (219) 746-0284

    26 in this area

    180 Total Sales

    Lynn Palmer
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR506956

Northwest Indiana Association of REALTORS®

APN: 45-17-08-458-002.000-047

Indiana Lake County Winfield 46307

7323 E 116th Place, Winfield, IN

This home is located at 7323 E 116th Place, Winfield, IN 46307 since 29 January 2022 and is currently estimated at $394,791, approximately $251 per square foot. This property was built in 2022. 7323 E 116th Place 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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