NOT LISTED FOR SALE

7401 W 140th Place Cedar Lake, IN 46303

Estimated Value: $202,000 - $226,000

3 Beds
1 Bath
1,277 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $200,000 $157 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,391/month

8 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Outdoor Storage
  • Douglas MacArthur Elementary School Rated A
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Just finished a FULL makeover and MOVE IN READY! EVERYTING f/windows, siding, roof, ,cabinets, furnace & all systems installed 2017 + interior just got a full refinishing with new carpet paint & trim. BRAND NEW Water softener is included as well as appliances package on site. High eff HVAC. New Well installed this month plus pressure tank. Not full but really nice partial basement is a blessing for the all important storage and super easy to get to from garage or the main living area. Priced to move and be assured the competition will be stiff but the home has its own little quirks and is reflected in the pricing - Big yard but all up front. Garage is fully functional w/new door but small and needs some finishing on the exterior landscape retaining wall & stone front (cosmetic), The kitchen is compact but has main floor laundry and large dinette. 1400' =1/4mi to the Lakefront.All Offers will require a signed credit decisoned, fully verified approval.Taxes reflect NO exemptions

Last Agent to Sell the Property

John Schupp

SCHUPP Real Estate License #RB14033846 Listed on: 07/14/2023

Last Buyer's Agent

Steven Dokich

New Chapter Real Estate License #RB16001667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x190
  • Sloped Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry on main level
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Chas N Straights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451526380014000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Paved, Sloped
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1120
  • Subdivision Name: Chas N Straights
  • Above Grade Finished Sq Ft: 1277
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Crawl Space, Interior Entry, Sump Pump
  • Flooring: Carpet, Ceramic Tile
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.21
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x190
  • Lot Size Sq Ft: 9148
  • Parcel #: 451526380014000043

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 7, 2023
Sold by
Keb Properties Llc
Bought by
Schemel Jeffrey C
Seller's Agent
John Schupp
SCHUPP Real Estate
Buyer's Agent
Steven Dokich
New Chapter Real Estate
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$212,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,580
Avg. Annual Appreciation
2.55%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Wells Fargo Bank N A
Bought by
Keb Properties Llc

Purchase Details

Closed on
Dec 4, 2015
Sold by
Steffek Scott A
Bought by
Wells Fargo Bank Na
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
Schemel Jeffrey C $200,000 State Street Title
Keb Properties Llc $28,500 None Available
Wells Fargo Bank Na $57,960 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $200,000 +0.1% $157 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $199,900 -- $157 / 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 $3,167 $159,300 $21,300 $138,000
2023 $2,402 $113,800 $21,300 $92,500
2022 $2,402 $108,700 $21,300 $87,400
2021 $2,182 $101,700 $21,300 $80,400
2020 $2,153 $97,400 $21,300 $76,100
2019 $2,069 $93,600 $21,300 $72,300
2018 $2,203 $90,900 $21,300 $69,600
2017 $2,137 $85,200 $21,300 $63,900
2016 $2,214 $84,700 $21,300 $63,400
2014 $2,015 $83,100 $21,200 $61,900
2013 $295 $87,000 $21,300 $65,700
Source: Public Records

Agents Affiliated with this Home

  • John Schupp

    Seller's Agent in 2023

    John Schupp

    SCHUPP Real Estate

    (219) 775-2373

    22 in this area

    325 Total Sales

    John Schupp
    Section Image
  • Steven Dokich

    Buyer's Agent in 2023

    Steven Dokich

    New Chapter Real Estate

    (219) 613-3201

    11 in this area

    75 Total Sales

    Steven Dokich
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 533441

Northwest Indiana Association of REALTORS®

APN: 45-15-26-380-014.000-043

Indiana Lake County Cedar Lake 46303

7401 W 140th Place, Cedar Lake, IN

This home is located at 7401 W 140th Place, Cedar Lake, IN 46303 since 14 July 2023 and is currently estimated at $212,580, approximately $166 per square foot. This property was built in 1956. 7401 W 140th Place is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft Middle School, and Crown Point 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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