NOT LISTED FOR SALE

7500 W 137th Ave Cedar Lake, IN 46303

Estimated Value: $89,237 - $296,000

2 Beds
1 Bath
700 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $105,000 $150 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,082/month

226 Days on Market

Highlights

  • Access To Lake
  • Lake View
  • 1 Car Detached Garage
  • Douglas MacArthur Elementary School Rated A
  • Cottage
  • Living Room

About This Home

As of January 2016

ATTENTION INVESTORS, REHABBERS, AND HANDY MEN....Two for the price of one! Just steps from the lake, sits an outstanding opportunity. Great summer getaways in their heyday, these two identical cottages are waiting for someone new to make them their own private summer retreat, investment property, rental, or year round home. Completely fenced in and located across from the Cedar Lake town grounds and Yacht Club, the lake access and views are spectacular. Both houses have not been lived in for some time and are in need of repair. Sound like too much work, tear them down and build your own custom home just steps away from the water. Boating, swimming, listening to the symphony as they perform their annual concert, or watching the fireworks from your own yard, the possibilities are endless! Properties are sold as is, seller will make no repairs or improvements to either property. Additional property address is 7417 W 136th Ct.

Last Agent to Sell the Property

Vicki Vicari

Impact Indiana Real Estate, LL License #RB14051435 Listed on: 03/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1924

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Fixer Upper

Interior Spaces

  • 700 Sq Ft Home
  • Living Room
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Access To Lake

Utilities

  • No Cooling
  • No Heating
  • Well

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451526185016000043

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Access, Lake View, Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1187
  • Subdivision Name: N/A
  • Architectural Style: Cottage
  • GNR_Exterior: Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.18

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling Y N: No
  • Heating: None

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 7841
  • Parcel #: 451526185016000043

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1219

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Krist Bret D and Krist Ann Marie
Bought by
Krist Family Trust and Krist
Current Estimated Value
$192,619

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jan 15, 2016
Sold by
Rosalie May Karlovsky Declaration Of Tr
Bought by
Krist Bret D and Krist Ann Marie
Seller's Agent
Vicki Vicari
Impact Indiana Real Estate, LL
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Karlovsky Rosalie
Bought by
Rosalie May Karlovsky Declaration Of Tru

Purchase Details

Closed on
Dec 23, 2013
Sold by
The Estate Of Maryann R Karlovsky
Bought by
Karlovsky Rosaline
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krist Family Trust -- None Listed On Document
Krist Bret D -- Chicago Title Insurance Comp
Rosalie May Karlovsky Declaration Of Tru -- None Available
Karlovsky Rosaline -- None Available
Karlovsky Rosalie -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $105,000 0.0% $150 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $105,000 -- $150 / 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 $732 $26,700 $18,500 $8,200
2023 $579 $26,300 $18,500 $7,800
2022 $579 $26,200 $18,500 $7,700
2021 $545 $25,400 $18,500 $6,900
2020 $557 $25,200 $18,500 $6,700
2019 $564 $25,500 $18,500 $7,000
2018 $616 $25,400 $18,500 $6,900
2017 $635 $42,800 $18,500 $24,300
2016 $1,101 $42,100 $18,500 $23,600
2014 $1,018 $42,000 $18,500 $23,500
2013 $1,069 $42,800 $18,600 $24,200
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Vicki Vicari

    Impact Indiana Real Estate, LL

    (219) 318-1244

    11 in this area

    55 Total Sales

    Vicki Vicari
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR368055

Northwest Indiana Association of REALTORS®

APN: 45-15-26-185-016.000-043

Indiana Lake County Cedar Lake 46303

7500 W 137th Ave, Cedar Lake, IN

This home is located at 7500 W 137th Ave, Cedar Lake, IN 46303 since 20 March 2015 and is currently estimated at $192,619, approximately $275 per square foot. This property was built in 1924. 7500 W 137th Ave is a home located in Lake County with nearby schools including Douglas MacArthur Elementary School, Robert Taft Middle School, and Crown Point High 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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