$646,500
SOLD DEC 17, 2024

7601 Lake Shore Dr Cedar Lake, IN 46303

0.29 Acre
$2,229,310 Price per Acre
12,632 Sq Ft Lot

Recently Sold

$682 Per Sq Ft

372 Days on Market

Highlights

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

About This Lot

As of December 2024

Value is in the land with this remarkable lakefront property nestled within the prestigious Crown Point school district, offering the perfect canvas to build your dream home. Embracing the serenity of coveted Cedar Lake, the lot offers approximately +/-108' of awe-inspiring water frontage. There is an existing cottage, for your enjoyment, while you design your future residence. The cottage is rough, but inhabitable, and sold "as is''. Grab your piece of paradise before the dredging is complete and prices sky rocket! Located just 45 minutes from downtown Chicago. Come take a look before it's gone!

Last Agent to Sell the Property

David Harkabus

BHHS Executive Realty License #RB14042838 Listed on: 11/30/2023

BHHS Executive Realty

Last Buyer's Agent

David Harkabus

BHHS Executive Realty License #RB14042838 Listed on: 11/30/2023

BHHS Executive Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,527

Lot Details

  • 0.29 Acre Lot
  • Lake Front

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451523303017000043

Property Details

Property Type

Land

Est. Annual Taxes

$12,527

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Other
  • Reso Property Sub Type: Unimproved Land
  • Road Frontage Type: City Street
  • Co List Office Mls Id: NRA121
  • Subdivision Name: none
  • Reso Other Structures: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.29
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 12632
  • Parcel #: 451523303017000043

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 17, 2024
Sold by
Kubiak Sylvia and Kubiak Robert
Bought by
Ryan Jesse M and Ryan Melissa
Seller's Agent
David Harkabus
BHHS Executive Realty
Buyer's Agent
David Harkabus
BHHS Executive Realty
List Price
$649,000
Sold Price
$646,500
Premium/Discount to List
-$2,500
-0.39%
Views
406
Current Estimated Value
$628,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,241
Avg. Annual Appreciation
-3.63%
Original Mortgage
$146,500
Outstanding Balance
$58,874
Interest Rate
3.75%
Mortgage Type
Construction
Estimated Equity
$572,992

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 4, 2017
Sold by
Us Bank Na
Bought by
Kubiak Sylvia and Kubiak Robert
Seller's Agent
John Sandridge
Eagle Pro Realty
Buyer's Agent
David Harkabus
BHHS Executive Realty
List Price
$193,100
Sold Price
$193,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
May 5, 2017
Sold by
Dobos Richard A and Dobos Pamela
Bought by
U S Bank N A and Lasalle Bank Na
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Insurance Compan
Warranty Deed $646,500 Chicago Title Insurance Compan
Special Warranty Deed $193,100 None Available
Sheriffs Deed $195,415 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $146,500 Construction
Previous Owner $256,000 Unknown
Previous Owner $227,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $646,500 -7.5% $682 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $699,000 +7.7% $737 / Sq Ft
11/30/2023 11/30/23 For Sale $649,000 +236.1% $685 / Sq Ft
08/17/2017 08/17/17 Sold $193,100 0.0% $204 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $193,100 -- $204 / 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 $12,527 $471,600 $176,700 $294,900
2023 $9,938 $450,200 $176,700 $273,500
2022 $9,854 $445,500 $176,700 $268,800
2021 $9,083 $423,400 $176,700 $246,700
2020 $9,199 $416,200 $176,700 $239,500
2019 $9,204 $416,300 $176,700 $239,600
2018 $9,788 $403,800 $176,700 $227,100
2017 $5,023 $375,800 $176,700 $199,100
2016 $5,899 $377,700 $176,700 $201,000
2014 $4,758 $369,400 $176,800 $192,600
2013 $4,875 $367,900 $176,800 $191,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 542107

Northwest Indiana Association of REALTORS®

APN: 45-15-23-303-017.000-043