NOT LISTED FOR SALE

8127 Lake Shore Dr Unit 4 Cedar Lake, IN 46303

Estimated Value: $295,451 - $360,000

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. 70% increase in value since last sale

Current estimated payment $2,332/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

Closed on
Mar 31, 2020
Sold by
Drugan Michael and Drugan Tammie
Bought by
Drugan Michael and Drugan Tammie
Current Estimated Value
$333,198

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$50,000
Outstanding Balance
$25,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$287,326

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:

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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
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
Previous Owner Ramsay Carol J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 455977

Northwest Indiana Association of REALTORS®

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