NOT LISTED FOR SALE

7509 W 140th Place Cedar Lake, IN 46303

Estimated Value: $98,000 - $203,000

3 Beds
1 Bath
1,058 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $49,900 $47 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,016/month

6 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Sun or Florida Room
  • Douglas MacArthur Elementary School Rated A
  • Ranch Style House
  • Country Kitchen

About This Home

As of February 2016

Cute 3 bedroom ranch on deep lot. Lot is 50 x 190. Home has 1 yr old roof, new insulation, 3 year old furnace, newer kitchen cabinets and counter-top. This home makes a great rental or affordable home, with the possibility of building on this great lot in the future with a brand new home like several on this street. Front room makes a great sunroom or recreation area. Huge laundry room with storage. Vinyl windows and freshly painted! LAKE RIGHTS. Seller never lived in but was rental property for over $850 per month. All measursments are approx and taxes reflect no exemptions. Home sold as is. But hurry-owner has renters but prefers to sell!

Last Agent to Sell the Property

Nancy Davids

McColly Real Estate License #RB14014332 Listed on: 02/07/2016

McColly Real Estate

Co-Listed By

Jack Davids

McColly Real Estate License #RB14031883

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 9,496 Sq Ft Lot
  • Lot Dimensions are 50x190
  • Wooded Lot

Home Design

  • Ranch Style House
  • Cedar Siding
  • Vinyl Siding

Interior Spaces

  • 1,058 Sq Ft Home
  • Living Room
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Country Kitchen
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Well

Community Details

  • C N Straights Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451526380005000043

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Water Rights, Wooded
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR270
  • Co List Office Mls Id: GNR270
  • Subdivision Name: C N Straights Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cedar,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood
  • Interior Amenities: Country Kitchen, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Sun Room
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.218

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Crown Point

Lot Info

  • Lot Dimensions: 50x190
  • Lot Size Sq Ft: 9496
  • Parcel #: 451526380005000043

Tax Info

  • Year: 2013
  • Tax Annual Amount: 1418

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Nwi Casas Llc
Bought by
Trust No 123096 and Indiana Land Trust
Current Estimated Value
$164,167

Purchase Details

Closed on
Mar 31, 2021
Sold by
Lorllas Properties Llc
Bought by
Nwi Casas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2021
Sold by
Lorliss Properties Llc
Bought by
Nwi Casas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2016
Sold by
Gaidas David and Fry Scott
Bought by
Corliss Properties Llc

Purchase Details

Listed on
Feb 7, 2016
Closed on
Feb 26, 2016
Sold by
Davids Ryan M and Davids Rachel L
Bought by
Gaidas David and Fry Scott
Seller's Agent
Nancy Davids
McColly Real Estate
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Smith Thomas R and Smith Tom
Bought by
Davids Ryan M and Davids Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,375
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
Centier Bank
Bought by
Smith Tom and Smith Thomas R

Purchase Details

Closed on
Apr 1, 2011
Sold by
Granger Timothy and Granger Michaela
Bought by
Centier Bank
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
Trust No 123096 -- None Listed On Document
Nwi Casas Llc -- None Available
Nwi Casas Llc -- None Listed On Document
Corliss Properties Llc -- None Available
Gaidas David -- None Available
Davids Ryan M -- --
Smith Tom -- Fidelity Cp
Centier Bank $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davids Ryan M $39,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $49,900 0.0% $47 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $49,900 -- $47 / 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 $1,756 $68,600 $21,300 $47,300
2023 $1,392 $63,100 $21,300 $41,800
2022 $1,344 $60,800 $21,300 $39,500
2021 $1,236 $57,600 $21,300 $36,300
2020 $1,229 $55,600 $21,300 $34,300
2019 $1,191 $53,900 $21,300 $32,600
2018 $1,277 $52,700 $21,300 $31,400
2017 $1,252 $49,900 $21,300 $28,600
2016 $1,273 $48,700 $21,300 $27,400
2014 $1,164 $48,000 $21,200 $26,800
2013 $1,244 $49,800 $21,300 $28,500
Source: Public Records

Agents Affiliated with this Home

  • Nancy Davids

    Seller's Agent in 2016

    Nancy Davids

    McColly Real Estate

    (219) 765-7663

    8 in this area

    48 Total Sales

    Nancy Davids
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jack Davids

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR387649

Northwest Indiana Association of REALTORS®

APN: 45-15-26-380-005.000-043

Indiana Lake County Cedar Lake 46303

7509 W 140th Place, Cedar Lake, IN

This home is located at 7509 W 140th Place, Cedar Lake, IN 46303 since 07 February 2016 and is currently estimated at $164,167, approximately $155 per square foot. This property was built in 1919. 7509 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.

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