NOT LISTED FOR SALE

7501 W 140th Place Cedar Lake, IN 46303

Estimated Value: $165,000 - $205,677

3 Beds
2 Baths
1,344 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $144,900 $108 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,299/month

2 Days on Market

Highlights

  • Lake Privileges
  • No HOA
  • Forced Air Heating and Cooling System
  • Douglas MacArthur Elementary School Rated A
  • 2 Car Detached Garage
  • Community Storage Space

About This Home

As of May 2023

Great potential near Cedar Lake Waters. Amazing, open floor plan on a large lot gives plenty of opportunity for creativity. Large, updated kitchen opens up to the main living area (sectional stays) with the main bedroom and large attached bath on one side and the two additional bedrooms down the hall with a full bathroom. Oversized shed in the back gives tons of space for storage, along with a two car detached garage with a wood burning stove!

Last Agent to Sell the Property

Amanda Sams

New Chapter Real Estate License #RB17001748 Listed on: 04/19/2023

New Chapter Real Estate

Last Buyer's Agent

Melissa Grah

Better Homes and Gardens Real License #RB14049064

Better Homes and Gardens Real

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 90x190

Parking

  • 2 Car Detached Garage

Home Design

  • 1,344 Sq Ft Home

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451526380007000043

Community Details

Overview

  • No Home Owners Association
  • C N Straights Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$1,254

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Manufactured Home
  • Road Frontage Type: See Remarks
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Level, Other, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1775
  • Subdivision Name: C N Straights
  • Above Grade Finished Sq Ft: 1344
  • Garage Yn: Yes
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener Rented
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space, Sump Pump
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.39
  • Waterfront Features: Lake Privileges
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 90x190
  • Lot Size Sq Ft: 16988
  • Parcel #: 451526380007000043

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 16, 2023
Sold by
Otano Jesse Ray
Bought by
Hilgeman Zachary
Seller's Agent
Amanda Sams
New Chapter Real Estate
Buyer's Agent
Melissa Grah
Better Homes and Gardens Real
List Price
$149,900
Sold Price
$144,900
Premium/Discount to List
-$5,000
-3.34%
Current Estimated Value
$182,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,269
Avg. Annual Appreciation
10.91%
Original Mortgage
$115,920
Outstanding Balance
$113,255
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$71,957

Purchase Details

Listed on
Nov 4, 2015
Closed on
May 6, 2016
Sold by
Secretary Of Hud
Bought by
Otano Jesse Ray
Seller's Agent
Trinity McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Lisa Kopanakis
Listing Leaders
List Price
$56,700
Sold Price
$56,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$55,967
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jan 9, 2015
Sold by
Lazzaro Jean L
Bought by
Ocwen Loan Servicing Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hilgeman Zachary $144,900 Chicago Title
Otano Jesse Ray -- Liberty Title & Escrow
Secretary Of Housing And Urban Developme -- Attorney
Ocwen Loan Servicing Llc $131,968 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilgeman Zachary $115,920
Previous Owner Otano Jesse Ray $55,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $144,900 -3.3% $108 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $149,900 +164.4% $112 / Sq Ft
05/09/2016 05/09/16 Sold $56,700 0.0% $42 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $56,700 -- $42 / 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 $3,990 $153,800 $32,100 $121,700
2023 $1,255 $143,400 $32,100 $111,300
2022 $1,255 $128,200 $32,100 $96,100
2021 $987 $120,000 $32,100 $87,900
2020 $968 $115,600 $32,100 $83,500
2019 $963 $112,800 $32,100 $80,700
2018 $764 $97,700 $17,000 $80,700
2017 $704 $92,400 $17,000 $75,400
2016 $778 $90,400 $17,000 $73,400
2014 $364 $91,500 $17,000 $74,500
2013 $447 $96,000 $17,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sams

    Seller's Agent in 2023

    Amanda Sams

    New Chapter Real Estate

    (219) 384-6738

    3 in this area

    34 Total Sales

    Amanda Sams
    Section Image
  • Melissa Grah

    Buyer's Agent in 2023

    Melissa Grah

    Better Homes and Gardens Real

    (219) 746-0546

    5 in this area

    136 Total Sales

    Melissa Grah
    Section Image
  • Trinity McCormick

    Seller's Agent in 2016

    Trinity McCormick

    McCormick Real Estate, Inc.

    (219) 613-6464

    21 Total Sales

    Trinity McCormick
    Section Image
  • Jeff McCormick

    Seller Co-Listing Agent in 2016

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    16 in this area

    709 Total Sales

    Jeff McCormick
    Section Image
  • Lisa Kopanakis

    Buyer's Agent in 2016

    Lisa Kopanakis

    Listing Leaders

    (219) 730-9594

    1 in this area

    18 Total Sales

    Lisa Kopanakis
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 528987

Northwest Indiana Association of REALTORS®

APN: 45-15-26-380-007.000-043

Indiana Lake County Cedar Lake 46303

7501 W 140th Place, Cedar Lake, IN

This home is located at 7501 W 140th Place, Cedar Lake, IN 46303 since 19 April 2023 and is currently estimated at $182,169, approximately $135 per square foot. This property was built in 1999. 7501 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.

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.

Nearby Homes