NOT LISTED FOR SALE

8331 Potomac Way Lowell, IN 46356

West Creek Neighborhood

Estimated Value: $340,000 - $392,000

4 Beds
2.5 Baths
2,009 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $260,995 $130 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,742/month

66 Days on Market

Highlights

  • Great Room
  • 2 Car Attached Garage
  • Living Room
  • Den
  • Cooling Available
  • Laundry Room

About This Home

As of October 2020

***PROPOSED CONSTRUCTION*** THE LANCASTER PLAN... 4 BEDROOM, 2.5 BATH TWO STORY. Open concept main level. PARTIAL basement. LOCATED JUST MINUTES AWAY FROM THE HISTORIC DOWNTOWN LOWELL, SHOPPING, RT 41 AND I65. Great functional floor plan at a GREAT PRICE!!! 90%+ HIGH EFFICIENCY FURNACE, HIGH EFFICIENCY WATER HEATER just to mention a few of the standard features.PHOTO IS REPRESENTATIVE OF ANOTHER HOME. Standard elevation has no Brick. Vinyl siding standard. Brick/Stone options available. 100% USDA financing available. Ask your agent for details! Photos are representative of another home in another neighborhood.

Last Agent to Sell the Property

Lisa Mullins

@properties/Christie's Intl RE License #RB14044126 Listed on: 01/06/2020

@properties/Christie's Intl RE

Last Buyer's Agent

Gina Avila

@properties/Christie's Intl RE License #RB14047993

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 2020

Lot Details

  • 10,800 Sq Ft Lot
  • Lot Dimensions are 80x135

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,009 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Lowell Senior High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Heritage Falls Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,261

Year Built

Built in 2020

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR121
  • Subdivision Name: Heritage Falls
  • Architectural Style: Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 480
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 215
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Den/Office, Finished Laundry Rm, Great Room, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: None
  • Acres: 0.2479

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80x135
  • Lot Size Sq Ft: 10800
  • Zoning Description: Residential

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 5

MLS Schools

  • HighSchool: Lowell Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Sep 22, 2020
Sold by
Providence Romes At Regency Inc
Bought by
Wade Mark and Strempke Stephanie
Seller's Agent
Lisa Mullins
@properties/Christie's Intl RE
Buyer's Agent
Gina Avila
@properties/Christie's Intl RE
List Price
$260,995
Sold Price
$260,995
Current Estimated Value
$368,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,605
Avg. Annual Appreciation
8.08%
Original Mortgage
$220,000
Outstanding Balance
$197,989
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,545
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
Wade Mark -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Mark $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $260,995 0.0% $130 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $260,995 -- $130 / 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 $8,261 $324,300 $64,200 $260,100
2023 $2,914 $314,000 $64,200 $249,800
2022 $2,914 $293,400 $48,500 $244,900
2021 $2,641 $264,100 $39,200 $224,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Mullins

    Seller's Agent in 2020

    Lisa Mullins

    @ Properties

    (219) 306-2059

    78 in this area

    355 Total Sales

    Lisa Mullins
    Section Image
  • Gina Avila

    Buyer's Agent in 2020

    Gina Avila

    @ Properties

    (219) 577-6588

    1 in this area

    49 Total Sales

    Gina Avila
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR467958

Northwest Indiana Association of REALTORS®

APN: 45-19-15-483-002.000-038

Indiana Lake County Lowell 46356 West Creek

8331 Potomac Way, Lowell, IN

This home is located at 8331 Potomac Way, Lowell, IN 46356 since 06 January 2020 and is currently estimated at $368,600, approximately $183 per square foot. This property was built in 2020. 8331 Potomac Way 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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