NOT LISTED FOR SALE

8125 Lake Shore Dr Unit 4 Cedar Lake, IN 46303

Estimated Value: $238,742 - $348,000

2 Beds
2 Baths
1,260 Sq Ft
1.16 Acres

Last Sold June 29, 2017

Last sale price $160,250 $127 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,198/month

96 Days on Market

Highlights

  • Lake Front
  • Deck
  • Balcony
  • 1.16 Acre Lot
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of June 2017

Here is your opportunity to live on the lake for an unbelievable price! Just bring your boat and stay for the season or forever! Only one short flight of stairs to your own private condo with outstanding views of Cedar Lake! One of the best views on the Lake off your private balcony. All brick condo building with private pier and beachfront! Two bedrooms, two full baths and laundry area in unit. One car garage included (#9) One boat slip included. Beautiful landscaped grounds. Best Value on the Lake! All measurements are approx. The no pet policy, no rental policies, low association fees make this place an owners true retreat! Taxes do not reflect any exemptions. Furnace new 2010, water heater new 2013

Last Agent to Sell the Property

Nancy Davids

McColly Real Estate License #RB14014332 Listed on: 02/06/2017

McColly Real Estate

Co-Listed By

Jack Davids

McColly Real Estate License #RB14031883

Last Buyer's Agent

Stephen Tokar

Langen Realty License #RB14005554

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • Landscaped

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1,260 Sq Ft Home
  • 1 Fireplace
  • Carpet
  • Lake Views
  • Intercom

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Property has a Home Owners Association
  • Carol Ramsay Association, Phone Number (219) 465-8212
  • Waters Edge Condo Inc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451522287015000014

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped
  • Reso View: Lake
  • ResoOtherEquipment: Intercom
  • Co List Office Mls Id: NRA270
  • Co List Office Phone: (219) 663-9922
  • Co List Office Mls Id: NRA270
  • Subdivision Name: Waters Edge Condo Inc
  • Above Grade Finished Sq Ft: 1260
  • Architectural Style: Other
  • Garage Yn: Yes
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Carpet, Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 1.162
  • Waterfront Features: Lake Front
  • Construction Type: Brick
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 136
  • Association Name: Carol Ramsay
  • Phone: 219-465-8212
  • Association: Yes

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: common
  • Lot Size Sq Ft: 50617
  • Parcel #: 451522287015000014

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
Samuelson Jim
Bought by
Samuelson James L
Current Estimated Value
$304,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$125,829
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
$183,418

Purchase Details

Closed on
Aug 30, 2022
Sold by
Richard Frain & Laura M Frain Living Tru
Bought by
J4 Properties Llc

Purchase Details

Closed on
Nov 11, 2021
Sold by
Frain Richard and Frain Laura
Bought by
Frain Richard and Frain Laura M

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jun 23, 2017
Sold by
Indiana Land Trust Company
Bought by
Frain Richard and Frain Laura
Seller's Agent
Nancy Davids
McColly Real Estate
Buyer's Agent
Stephen Tokar
Langen Realty
List Price
$160,250
Sold Price
$160,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$112,150
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Samuelson James L -- --
J4 Properties Llc -- --
Frain Richard -- None Available
Frain Richard -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuelson James L $150,000
Previous Owner Frain Richard $112,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $160,250 0.0% $127 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $160,250 -- $127 / 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 $6,197 $285,500 $80,000 $205,500
2023 $4,937 $233,100 $40,000 $193,100
2022 $4,937 $207,400 $40,000 $167,400
2021 $4,276 $194,900 $40,000 $154,900
2020 $4,515 $196,300 $40,000 $156,300
2019 $4,353 $190,100 $40,000 $150,100
2018 $4,077 $166,100 $40,000 $126,100
2017 $4,326 $165,000 $40,000 $125,000
2016 $4,284 $159,200 $40,000 $119,200
2014 $3,877 $167,100 $40,000 $127,100
2013 $3,709 $151,100 $40,000 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Nancy Davids

    Seller's Agent in 2017

    Nancy Davids

    McColly Real Estate

    (219) 765-7663

    8 in this area

    50 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jack Davids

    McColly Real Estate

  • S

    Buyer's Agent in 2017

    Stephen Tokar

    Langen Realty

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 408491

Northwest Indiana Association of REALTORS®

APN: 45-15-22-287-015.000-014

Indiana Lake County Cedar Lake 46303

8125 Lake Shore Dr Unit 4, Cedar Lake, IN

This home is located at 8125 Lake Shore Dr Unit 4, Cedar Lake, IN 46303 since 06 February 2017 and is currently estimated at $309,247, approximately $245 per square foot. This property was built in 1980. 8125 Lake Shore Dr Unit 4 is a home located in Lake County with nearby schools including Jane Ball Elementary School, Hanover Central Middle School, and Hanover Central 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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