NOT LISTED FOR SALE

8517 W 131st Ave Cedar Lake, IN 46303

Estimated Value: $231,000 - $275,000

3 Beds
2 Baths
1,664 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $139,900 $84 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,709/month

7 Days on Market

Highlights

  • Access To Lake
  • Deck
  • 2 Car Detached Garage
  • Lake View
  • Main Floor Bedroom
  • 4-minute walk to Potawatomi Park

About This Home

As of August 2018

Looking for a SUMMER home, or even a YEAR ROUND home CLOSE to the ILLINOIS border ?! Check out this LAKE VIEW HOME with LAKE RIGHTS and LAKE ACCESS at the end of the block! This FRESHLY painted, FRESHLY carpeted 3 bedroom 2 bathroom 2 story is just a hop, skip, and a jump away from CEDAR LAKE. Featuring a GATED DRIVEWAY with a fully FENCED IN YARD - situated on 3 LOTS! But that's not all! NEW windows, NEW well pump, NEW countertops, NEW garage door- along with separate entrances for the main/upper level to create the potential for RELATED LIVING - don't miss out, schedule your showing today !

Last Agent to Sell the Property

Danielle Hisaw

Northwest Indiana Real Estate License #RB14051042 Listed on: 06/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1929

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 90x80
  • Gated Home
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Lake Views
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Access To Lake
  • Deck

Utilities

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

Community Details

  • Meyer Manor 03 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451522452025000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,805

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake Access, Lake View, Nearly Level, Water Rights
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR957
  • Subdivision Name: Meyer Manor 03
  • Architectural Style: Two Story
  • GNR_Exterior: Stone,Vinyl,Wood
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range Hood, Water Softener Rented
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Related Living
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Fence, Gated Entry
  • Acres: 0.1653

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

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

Lot Info

  • Lot Dimensions: 90x80
  • Lot Size Sq Ft: 7200
  • Parcel #: 451522452025000014

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2805

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 10, 2018
Sold by
Turning Leaf Properties Llc
Bought by
Gidley Steven and Gidley Christine
Seller's Agent
Danielle Hisaw
Northwest Indiana Real Estate
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$251,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,308
Avg. Annual Appreciation
9.01%
Original Mortgage
$111,920
Outstanding Balance
$97,601
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$161,418

Purchase Details

Closed on
Dec 1, 2011
Sold by
Bearden Leslie and Estate Of Allen L Bearden
Bought by
Turning Leaf Properties Llc
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
Gidley Steven -- Northwest Indiana Title
Turning Leaf Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gidley Steven $111,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $139,900 0.0% $84 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $139,900 -- $84 / 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 $4,528 $179,900 $28,700 $151,200
2023 $1,755 $170,300 $24,500 $145,800
2022 $1,755 $158,400 $24,500 $133,900
2021 $1,390 $142,500 $19,700 $122,800
2020 $1,420 $140,000 $22,100 $117,900
2019 $1,348 $132,500 $22,100 $110,400
2018 $1,007 $108,100 $22,100 $86,000
2017 $2,805 $110,000 $22,100 $87,900
2016 $2,917 $111,400 $22,100 $89,300
2014 $2,569 $113,700 $22,200 $91,500
2013 $2,683 $112,300 $22,100 $90,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Danielle Hisaw

    Northwest Indiana Real Estate

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR436626

Northwest Indiana Association of REALTORS®

APN: 45-15-22-452-025.000-014

Indiana Lake County Cedar Lake 46303

8517 W 131st Ave, Cedar Lake, IN

This home is located at 8517 W 131st Ave, Cedar Lake, IN 46303 since 12 June 2018 and is currently estimated at $251,208, approximately $150 per square foot. This property was built in 1929. 8517 W 131st Ave 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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