NOT LISTED FOR SALE

8127 Lake Shore Dr Unit 4 Cedar Lake, IN 46303

Estimated Value: $297,508 - $368,000

2 Beds
2 Baths
1,222 Sq Ft
1.16 Acres

Last Sold October 01, 2019

Last sale price $195,500 $160 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,322/month

117 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Balcony
  • 1.16 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of October 2019

AMAZING VIEWS!!! Do you dream of affordable lake front living? Make your dream a reality with this completely updated, move-in ready 2nd floor condo overlooking Cedar Lake! This 2 BR 2 FULL bath home features LAKE FRONT VIEWS, gleaming HW Cherry floors, granite counters, custom tile backsplash and convenient in-unit laundry. All appliances stay. Imagine sipping a glass of wine or drinking your morning coffee from your own private balcony! Low maintenance thanks to the HOA, & includes your OWN BOAT SLIP, and 1 car garage. Master BR boasts updated private bath. Beautiful stone gas fireplace. Entertain friends & family all year round! Lake life is the best life! Sorry, no pets or rentals.

Last Agent to Sell the Property

Cara Dulaitis

RE/MAX 10 Schererville License #RB16001608 Listed on: 06/05/2019

RE/MAX 10 Schererville

Last Buyer's Agent

Tiffany Dowling

Keller Williams Preferred Real License #RB14050408

Keller Williams Preferred Real

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1980

Lot Details

  • Lake Front

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1,222 Sq Ft Home
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Intercom

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Balcony

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Water's Edge Condo Assoc. Association
  • Waters Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451522287016000014

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,077

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: Other, Paved
  • Road Surface Type: Paved
  • Reso View: Lake
  • Water Body Name: Cedar Lake
  • ResoOtherEquipment: Intercom
  • Co List Office Mls Id: NRA2197
  • Subdivision Name: Waters Edge
  • Above Grade Finished Sq Ft: 1222
  • Architectural Style: Other
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony
  • Acres: 1.162
  • Waterfront Features: Lake Front, Lake Privileges
  • Construction Type: Brick

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: 150
  • Association Name: Water's Edge Condo Assoc.
  • Phone: .
  • Association: Yes

Lot Info

  • Lot Dimensions: COMMON
  • Lot Size Sq Ft: 50617
  • Parcel #: 451522287016000014

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Sep 5, 2019
Sold by
Woldhuis Dan R and Woldhuis Sara E
Bought by
Drugan Michael and Drugan Tammie
Seller's Agent
Cara Dulaitis
RE/MAX 10 Schererville
Buyer's Agent
Tiffany Dowling
Keller Williams Preferred Real
List Price
$195,500
Sold Price
$195,500
Current Estimated Value
$345,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,552
Avg. Annual Appreciation
9.59%
Original Mortgage
$50,000
Outstanding Balance
$22,116
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$319,053

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 28, 2016
Sold by
Ramsay Carol J
Bought by
Woldhuis Dan R and Woldhuis Sara E
Seller's Agent
Nancy Davids
McColly Real Estate
Buyer's Agent
Bart Botkin
McColly Real Estate
List Price
$202,700
Sold Price
$202,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.10%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Drugan Michael -- Liberty Title & Escrow Co
Woldhuis Dan R -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drugan Michael $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2019 10/01/19 Sold $195,500 0.0% $160 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $195,500 -3.6% $160 / Sq Ft
06/28/2016 06/28/16 Sold $202,700 0.0% $166 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $202,700 -- $166 / 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 $2,441 $233,100 $40,000 $193,100
2022 $2,441 $207,400 $40,000 $167,400
2021 $2,072 $194,900 $40,000 $154,900
2020 $2,193 $196,300 $40,000 $156,300
2019 $2,165 $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 $2,010 $164,500 $40,000 $124,500
2014 $1,772 $167,100 $40,000 $127,100
2013 $1,619 $151,100 $40,000 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Cara Dulaitis

    Seller's Agent in 2019

    Cara Dulaitis

    RE/MAX

    (708) 227-7530

    7 in this area

    474 Total Sales

    Cara Dulaitis
    Section Image
  • Tiffany Dowling

    Buyer's Agent in 2019

    Tiffany Dowling

    Keller Williams Preferred Real

    (219) 808-7584

    36 in this area

    339 Total Sales

    Tiffany Dowling
    Section Image
  • Nancy Davids

    Seller's Agent in 2016

    Nancy Davids

    McColly Real Estate

    (219) 765-7663

    7 in this area

    46 Total Sales

    Nancy Davids
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jack Davids

    McColly Real Estate

  • Bart Botkin

    Buyer's Agent in 2016

    Bart Botkin

    McColly Real Estate

    (219) 789-5884

    3 in this area

    70 Total Sales

    Bart Botkin
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 455977

Northwest Indiana Association of REALTORS®

APN: 45-15-22-287-016.000-014

Indiana Lake County Cedar Lake 46303

8127 Lake Shore Dr Unit 4, Cedar Lake, IN

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.

Nearby Homes