NOT LISTED FOR SALE

7400 Burr St Schererville, IN 46375

New Elliott Neighborhood

Estimated Value: $451,000 - $551,000

4 Beds
3 Baths
3,400 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $310,000 $91 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,334/month

4 Days on Market

Highlights

  • 3 Acre Lot
  • Deck
  • Ranch Style House
  • Homan Elementary School Rated A
  • Recreation Room
  • 3 Car Detached Garage

About This Home

As of October 2018

This newly sided Raised Ranch is nestled 3 on acres. This home has a brand new front & back deck, all new hardwood floors throughout, a kitchen island, 48 inch cabinets with granite counter tops. The main floor includes Master bedroom, with its own private bath and walk in closet. You'll also find 2 more Bedrooms and bath, kitchen, eat in area, laundry and Living room. The downstairs would be perfect for related living w/separate entry, family room, kitchen area with appliance hookups, 2 baths, laundry hookup & 1 bedroom and 2 additional rooms (currently used as bedrooms). Lake Michigan Water, Lake Central Schools. All appliances stay! Roof 5 years old, newer windows in lower level, both A/C's 2 years old, both Furnaces 2 years old. Three car garage and 2 storage sheds. This home has it all!

Last Agent to Sell the Property

Karin Gustafson

Advanced Real Estate, LLC License #RB14042367 Listed on: 09/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1971

Lot Details

  • 3

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • Living Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • 3 Acre Lot

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451113326001000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1709
  • Subdivision Name: none
  • Architectural Style: Hillside Ranch, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 4
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Related Living
  • Basement: Walk Out
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Deck
  • Acres: 3

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Central

Lot Info

  • Lot Dimensions: 3 Acres
  • Lot Size Sq Ft: 130680
  • ResoLotSizeUnits: Acres
  • Parcel #: 451113326001000036
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1491

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 30, 2018
Sold by
Beagle Alfred
Bought by
Velazquez Heriberto
Seller's Agent
Karin Gustafson
Advanced Real Estate, LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$476,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,795
Avg. Annual Appreciation
7.38%
Original Mortgage
$300,700
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 9, 2014
Sold by
Shebesh 2001 Trust
Bought by
Beagle Alfred
Seller's Agent
Gina Musolino
Coldwell Banker Realty
Buyer's Agent
Karin Gustafson
Advanced Real Estate, LLC
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$153,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Velazquez Heriberto -- Fidelity National Title Co
Beagle Alfred -- Burnet Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Heriberto $299,000
Closed Velazquez Heriberto $300,700
Previous Owner Beagle Alfred $153,000
Previous Owner The Shebesh 2001 Trust $115,000
Previous Owner Shebesh Eugene J $63,000
Previous Owner Shebesh Eugene J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $310,000 0.0% $91 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $310,000 +82.4% $91 / Sq Ft
09/11/2014 09/11/14 Sold $170,000 0.0% $50 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $170,000 -- $50 / 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 $8,416 $384,700 $71,400 $313,300
2023 $5,025 $413,300 $168,000 $245,300
2022 $5,025 $406,700 $168,000 $238,700
2021 $4,294 $351,000 $168,000 $183,000
2020 $3,399 $296,200 $98,000 $198,200
2019 $2,102 $199,700 $40,000 $159,700
2018 $1,734 $173,400 $28,400 $145,000
2017 $1,491 $161,400 $28,400 $133,000
2016 $1,693 $177,400 $28,400 $149,000
2014 $1,546 $173,000 $28,400 $144,600
2013 $1,552 $170,000 $28,400 $141,600
Source: Public Records

Agents Affiliated with this Home

  • Karin Gustafson

    Seller's Agent in 2018

    Karin Gustafson

    Advanced Real Estate, LLC

    (708) 663-2083

    83 Total Sales

    Section Image
  • Gina Musolino

    Seller's Agent in 2014

    Gina Musolino

    Coldwell Banker Realty

    (219) 765-0000

    8 in this area

    310 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR443007

Northwest Indiana Association of REALTORS®

APN: 45-11-13-326-001.000-036

Indiana Lake County Schererville 46375 New Elliott

7400 Burr St, Schererville, IN

This home is located at 7400 Burr St, Schererville, IN 46375 since 20 September 2018 and is currently estimated at $500,301, approximately $147 per square foot. This property was built in 1971. 7400 Burr St is a home located in Lake County with nearby schools including Homan Elementary School, Michael Grimmer Middle School, and Lake Central High School.

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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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