NOT LISTED FOR SALE

7463 E 116th Place Winfield, IN 46307

Estimated Value: $413,000 - $444,000

3 Beds
2 Baths
1,785 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $400,825 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,039/month

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Covered patio or porch
  • Winfield Elementary School Rated A-
  • Great Room
  • Formal Dining Room

About This Home

As of February 2023

This is our AZALEA model. 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, large walk-in closet, bathrooms include quartz vanity tops, hardware & lighting options, painted ceilings plus one paint color 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, patio or deck (specific to plan). Photos of a prior build, options may be different than those listed and/or pictured. Different homesites/floor plans available. (This price includes a premium for the corner lot).

Last Agent to Sell the Property

Lynn Palmer

McColly Real Estate License #RB14024982 Listed on: 06/07/2022

McColly Real Estate

Co-Listed By

Joe Palmer

McColly Real Estate License #RB20001655

McColly Real Estate

Last Buyer's Agent

Joe Palmer

McColly Real Estate License #RB20001655

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 55' x 217' x 99' x 135'
  • 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

  • 1,785 Sq Ft Home
  • Cathedral Ceiling
  • Great Room
  • Living Room
  • Formal Dining Room
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

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

Community Details

Overview

  • Latitude Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • 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: 1785
  • 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: Under Construction
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, Formal Dining, Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, In Ground Sprinklers, Patio
  • Acres: 0.22

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 217' x 99' x 135'
  • Lot Size Sq Ft: 9583
  • 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
Jun 7, 2022
Closed on
Feb 14, 2023
Sold by
Lifehouse Homes Llc
Bought by
Standish Lyndsey M
Seller's Agent
Lynn Palmer
McColly Real Estate
Buyer's Agent
Joe Palmer
McColly Real Estate
List Price
$394,600
Sold Price
$400,825
Premium/Discount to List
$6,225
1.58%
Current Estimated Value
$425,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,521
Avg. Annual Appreciation
2.58%
Original Mortgage
$320,660
Outstanding Balance
$312,560
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$112,786

Purchase Details

Closed on
Oct 14, 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
$240,000
Interest Rate
6.92%
Source: Public Records

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Range of Values:

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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
Standish Lyndsey M $400,825 Chicago Title
Lifehouse Homes Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Standish Lyndsey M $320,660
Previous Owner Lifehouse Homes Llc $240,000
Previous Owner Lifehouse Homes Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $400,825 +1.6% $225 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $394,600 -- $221 / 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 $7,733 $399,500 $85,000 $314,500
2023 $18 $286,400 $75,600 $210,800
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

    198 Total Sales

    Lynn Palmer
    Section Image
  • Joe Palmer

    Seller Co-Listing Agent in 2023

    Joe Palmer

    McColly Real Estate

    (219) 746-3213

    20 in this area

    133 Total Sales

    Joe Palmer
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR513928

Northwest Indiana Association of REALTORS®

APN: 45-17-08-459-006.000-047

Indiana Lake County Winfield 46307

7463 E 116th Place, Winfield, IN

This home is located at 7463 E 116th Place, Winfield, IN 46307 since 07 June 2022 and is currently estimated at $425,346, approximately $238 per square foot. This property was built in 2022. 7463 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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