NOT LISTED FOR SALE

7423 E 116th Place Winfield, IN 46307

Estimated Value: $386,000 - $457,000

3 Beds
2 Baths
1,662 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $394,900 $238 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,011/month

59 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 August 2023

AVAILABLE NOW! This is our JUNIPER model. Standard features include kitchens with soft close cabinets and dovetail drawers, dishwasher and microwave (stainless steel), granite countertops, crown molding, and a generous pantry, flooring includes ceramic tile and carpet throughout, painted walls and ceilings (eggshell), window blinds, black or brushed nickel hardware and lighting, three ceiling fans plus can lighting (plan specific), white quartz countertops in the bathrooms, front covered porch, rear covered deck or patio (plan specific) an extended builder's warranty, high efficiency furnace (92%), tankless hot water heater, insulated garage door with opener and keypad, full landscaping package, concrete patio or deck (plan specific), basement options, sprinkler system, and a concrete drive and walks. Options in this home include hardwood flooring in main living area and a full kitchen appliance package.

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 05/26/2023

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,964

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,915 Sq Ft Lot
  • Lot Dimensions are 73' x 138'
  • Landscaped
  • Paved or Partially Paved 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

  • 1,662 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 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

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

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

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,964

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: 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: 1662
  • 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, 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: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, In Ground Sprinklers, Patio
  • Acres: 0.1817

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: 73' x 138'
  • Lot Size Sq Ft: 7915
  • ResoLotSizeUnits: Acres
  • Parcel #: NEW OR UNDER CONSTRUCTION
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 10

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 25, 2023
Sold by
Lifehouse Homes Llc
Bought by
Egan James B
Seller's Agent
Lynn Palmer
McColly Real Estate
List Price
$407,900
Sold Price
$394,900
Premium/Discount to List
-$13,000
-3.19%
Views
15
Current Estimated Value
$410,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,942
Avg. Annual Appreciation
0.16%
Original Mortgage
$315,920
Outstanding Balance
$309,298
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$86,844

Purchase Details

Closed on
Aug 17, 2022
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
$300,000
Interest Rate
4.59%
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
Egan James B $394,900 Chicago Title
Lifehouse Homes Llc -- Yugo Christopher W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan James B $315,920
Previous Owner Lifehouse Homes Llc $300,000
Previous Owner Lifehouse Homes Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $394,900 -3.2% $238 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $407,900 -- $245 / 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 $8,964 $371,800 $66,400 $305,400
2023 $18 $332,000 $63,700 $268,300
2022 $18 $800 $800 $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: GNR531073

Northwest Indiana Association of REALTORS®

APN: 45-17-08-459-004.000-047

Indiana Lake County Winfield 46307

7423 E 116th Place, Winfield, IN

This home is located at 7423 E 116th Place, Winfield, IN 46307 since 26 May 2023 and is currently estimated at $410,842, approximately $247 per square foot. This property was built in 2023. 7423 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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