NOT LISTED FOR SALE

7516 W 140th Place Cedar Lake, IN 46303

Estimated Value: $44,000 - $59,000

0.22 Acre
$225,791 Price per Acre
9,583 Sq Ft Lot

Last Sold November 07, 2024

Last sale price $45,000

Est. 10% increase in value since last sale

Current estimated payment $299/month

94 Days on Market

Highlights

  • Community Lake
  • Douglas MacArthur Elementary School Rated A
  • No HOA

About This Lot

As of November 2024

VACANT LOT 1 BLOCK FROM THE LAKE WITH LAKE ACCESS. THERE IS A SANDY BEACH AREA AT THE END OF THE STREET. CLOSE TO SHOPPING, DINING, LAKE ACTIVITIES, CEDAR LAKE TOWN GROUNDS, CEDAR LAKE MUSEUM, PUBLIC BOAT LAUNCH, 2 MARINAS AND LEMON LAKE 400 ACRE COUNTY PARK. DRIVE BY TO VIEW THE LOT. PLEASE MAKE AN APPOINTMENT TO WALK THE LOT. CROWN POINT SCHOOLS AND CHEAP TAXES...

Last Agent to Sell the Property

David Harkabus

BHHS Executive Realty License #RB14042838 Listed on: 07/08/2024

BHHS Executive Realty

Last Buyer's Agent

Kimberly Sut

Listing Leaders Executive RE License #RB19000325

Listing Leaders Executive RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $467

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 190

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 45-15-26-378-005.000-043

Property Details

Property Type

Land

Est. Annual Taxes

$467

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Vacant
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Other
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA121
  • Reso Other Structures: None
  • Financial Info Electric: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Acres: 0.22

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association: No

Lot Info

  • Lot Dimensions: 50 X 190
  • Lot Size Sq Ft: 9583.2
  • Additional Parcels: No
  • Parcel #: 45-15-26-378-005.000-043

Tax Info

  • Year: 2023
  • Tax Annual Amount: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Nov 7, 2024
Sold by
Meekma James J
Bought by
Jones Daniel M and Jones Pamela D
Seller's Agent
David Harkabus
BHHS Executive Realty
Buyer's Agent
Kimberly Sut
Listing Leaders Executive RE
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Views
28
Current Estimated Value
$49,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,686
Avg. Annual Appreciation
9.49%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Rafalski Andrea
Bought by
Meekma James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,546
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2015
Sold by
Meekma James J
Bought by
Rafalski Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,546
Interest Rate
3.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Daniel M $45,000 Chicago Title Insurance Compan
Meekma James L -- Northwest Indiana Title
Rafalski Andrea -- Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafalski Andrea $181,546
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $45,000 -9.8% --
10/11/2024 10/11/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $49,900 -- --
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 $467 $16,800 $16,800 --
2023 $395 $16,800 $16,800 --
2022 $410 $16,800 $16,800 $0
2021 $360 $16,800 $16,800 $0
2020 $377 $16,800 $16,800 $0
2019 $549 $16,800 $16,800 $0
2018 $407 $16,800 $16,800 $0
2017 $421 $16,800 $16,800 $0
2016 $489 $16,800 $16,800 $0
2014 $410 $16,900 $16,900 $0
2013 $422 $16,900 $16,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 806523

Northwest Indiana Association of REALTORS®

APN: 45-15-26-378-005.000-043