NOT LISTED FOR SALE

7916 W 155th Ave Lowell, IN 46356

Estimated Value: $484,000 - $585,000

5.18 Acres
$100,836 Price per Acre
225,641 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $135,000 $50 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $3,482/month

148 Days on Market

Highlights

  • 5.18 Acre Lot
  • Wetlands on Lot
  • Wooded Lot
  • Lowell Senior High School Rated 9+

About This Lot

As of October 2023

Rare find for a property of over FIVE WOODED, private ACRES of land backing up to over 116 ACRES of Lake County Parks & Recreational Board land, just minutes to Cedar Lake in Tri-Creek Township! Soil Tests and Survey Location Report have been completed.Soil tests were performed on the south edge of the property (north of the driveway). Completed and confirmed to be good soil and enough space for a residence and septic system, plus additional secondary septic for Lake County.Note: Property Address is actually addressed to more than one property. Do not GPS the address, as it will take you to a home down the street.Access to property is via an unmarked driveway between 7708 W 155th Ave and 7608 W 155th Ave. DO NOT TRESPASS neighbors properties.

Last Agent to Sell the Property

Alex Nickla

Realty Executives Premier License #RB15001048 Listed on: 04/17/2023

Realty Executives Premier

Last Buyer's Agent

Carol Boss

Northwest Indiana Real Estate License #RB17000888

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,425

Lot Details

  • 5.18 Acre Lot
  • Wooded Lot

Outdoor Features

  • Wetlands on Lot

Listing and Financial Details

  • Assessor Parcel Number 451902301012000007

Property Details

Property Type

Land

Est. Annual Taxes

$8,425

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Acreage, Wetland Portions, Wooded
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: None
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Other

Exterior Features

  • Acres: 5.18

Lot Info

  • Lot Size Sq Ft: 225641
  • ResoLotSizeUnits: Acres
  • Parcel #: 451902301012000007
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 9, 2016
Sold by
Haviland Gayla and Haviland Gayla N
Bought by
Kortokrax Dominick J and Kortokrax Jacqueline
Seller's Agent
Paula Remesnik
Better Homes and Gardens Real
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$522,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,333
Avg. Annual Appreciation
11.51%
Original Mortgage
$196,377
Outstanding Balance
$158,473
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$363,860
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Kortokrax Dominick J -- Prism Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortokrax Dominick J $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $135,000 -9.9% $50 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $149,900 -25.1% $55 / Sq Ft
12/09/2016 12/09/16 Sold $200,000 0.0% $94 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $200,000 -- $94 / 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 $8,425 $455,000 $208,000 $247,000
2023 $4,662 $435,800 $192,000 $243,800
2022 $3,242 $279,200 $160,000 $119,200
2021 $2,342 $229,200 $110,200 $119,000
2020 $2,188 $221,400 $110,200 $111,200
2019 $2,241 $212,100 $110,200 $101,900
2018 $2,208 $209,000 $110,200 $98,800
2017 $1,913 $183,400 $86,800 $96,600
2016 $1,990 $195,000 $86,800 $108,200
2014 $1,899 $190,400 $86,800 $103,600
2013 $1,911 $186,400 $86,800 $99,600
Source: Public Records

Agents Affiliated with this Home

  • Alex Nickla

    Seller's Agent in 2023

    Alex Nickla

    Realty Executives

    (219) 510-7199

    7 in this area

    460 Total Sales

    Alex Nickla
    Section Image
  • Carol Boss

    Buyer's Agent in 2023

    Carol Boss

    Northwest Indiana Real Estate

    (708) 417-8648

    2 in this area

    16 Total Sales

    Carol Boss
    Section Image
  • Paula Remesnik

    Seller's Agent in 2016

    Paula Remesnik

    Better Homes and Gardens Real

    (219) 552-4160

    3 in this area

    44 Total Sales

    Paula Remesnik
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR528789

Northwest Indiana Association of REALTORS®

APN: 45-19-02-301-001.000-007

Indiana Lake County Lowell 46356

7916 W 155th Ave, Lowell, IN

This home is located at 7916 W 155th Ave, Lowell, IN 46356 since 17 April 2023 and is currently estimated at $522,333, approximately $193 per square foot. 7916 W 155th Ave is a home located in Lake County with nearby schools including Lowell Middle School and Lowell Senior 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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