NOT LISTED FOR SALE

8507 W 141st Ave Cedar Lake, IN 46303

Estimated Value: $586,000 - $1,702,663

3 Beds
2.5 Baths
2,846 Sq Ft
$402/Sq Ft Est. Value

Last Sold April 22, 2013

Last sale price $550,000 $193 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,410/month

342 Days on Market

Highlights

  • Lake Front
  • 0.93 Acre Lot
  • Living Room with Fireplace
  • Docks
  • Deck
  • Recreation Room

About This Home

As of April 2013

PURE AND SIMPLE WOW - You will be AMAZED at the private grounds & views of this ONE OF A KIND Lake Front Estate. Upon arrival through the front entry up the paved private drive you just seem to leave all the rest of the world behind and enter a whole new place of being - EXCELLENT 180deg of lake front views and a magnificent nearly 1 acre (.80) lawn & waterfront loaded w/mature trees, walkways, decks, patios, walk-out lower and a pristine sea wall w/ a park like setting! 2+ car garage, AMPLE guest parking and this unique Ranch home is loaded w/architectural nuances from top to bottom including majestic fireplace, panoramic views of the water. Well maintained and solid this home with its lot and layout PLUS unique & vintage charm CANNOT be found elsewhere, GUARANTEED! Full brochure packet upon request. We sold the dirt next door for 1/4mil '11, Dated 2stry $600k in '08 + a MILLION dollar looking castle is your neighbor under construction now. SO much more to tour - words - simply -fail.

Last Agent to Sell the Property

John Schupp

SCHUPP Real Estate License #RB14033846 Listed on: 05/15/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,739

Year Built

  • Built in 1977

Lot Details

  • 0.93 Acre Lot
  • Lake Front
  • Landscaped
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • 2,846 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Lake Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Water Softener Leased
  • Cable TV Available

Community Details

  • Webber & Mitch's Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451534211001000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,739

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Front, Lake View, Landscaped, Water Rights, Paved Road, Sloped
  • ResoOtherEquipment: Cable TV Hookup, Security System, Sump Pump
  • Co List Office Mls Id: GNR1120
  • Subdivision Name: Webber & Mitch's Sub
  • Architectural Style: Ranch/1 Sty/Bungalow, Hillside Ranch
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 770
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Water Softener Rented
  • Interior Amenities: Cathedral/Vaulted Ceiling, Main Floor Laundry, Main Floor Bedroom, Main Floor Bathroom, Formal Dining, FP Living/Great Room, FP Lower Level, Great Room, Finished Laundry Rm, Main Bedroom Bath, Skylight(s)
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Boat Dock/Mooring, Porch-Covered, Deck, Storage
  • Acres: 0.93

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 176 X 163 & 170 X 70
  • Lot Size Sq Ft: 40511
  • ResoLotSizeUnits: Acres
  • Parcel #: 451534211001000014
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2011
  • Tax Annual Amount: 10739

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2020
Sold by
Ravens Rory A and Ravens Lana K
Bought by
Ravens Lana K and The Lana K Ravens Revocable Li
Current Estimated Value
$1,144,332

Purchase Details

Listed on
May 15, 2012
Closed on
Apr 22, 2013
Sold by
Sychangco William
Bought by
Ravens Rory A and Ravens Lana K
Seller's Agent
John Schupp
SCHUPP Real Estate
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Sychangco William and Sychangco Reymia
Bought by
Sychangco William
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
Ravens Lana K -- None Available
Ravens Rory A -- None Available
Sychangco William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravens Rory A $360,000
Open Ravens Rory A $825,000
Closed Ravens Rory A $49,425
Closed Ravens Rory A $825,000
Previous Owner Ravens Rory A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2013 04/22/13 Sold $550,000 0.0% $193 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
05/15/2012 05/15/12 For Sale $550,000 -- $193 / 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 $40,819 $1,545,800 $314,000 $1,231,800
2023 $19,495 $1,535,300 $296,600 $1,238,700
2022 $19,645 $1,511,800 $296,600 $1,215,200
2021 $18,304 $1,400,500 $256,100 $1,144,400
2020 $17,483 $1,344,100 $256,100 $1,088,000
2019 $15,486 $1,294,300 $256,100 $1,038,200
2018 $18,329 $1,255,500 $244,200 $1,011,300
2017 $18,847 $1,258,200 $244,200 $1,014,000
2016 $14,694 $1,006,500 $294,900 $711,600
2014 $9,808 $422,700 $294,900 $127,800
2013 $11,308 $460,700 $230,600 $230,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR306296

Northwest Indiana Association of REALTORS®

APN: 45-15-34-211-001.000-014