$100,000
SOLD MAR 18, 2025

8522 W 131st Ave Cedar Lake, IN 46303

3 Beds
1 Bath
861 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • City View
  • Balcony
  • Living Room
  • No HOA
  • Detached Garage
  • 4-minute walk to Potawatomi Park

About This Home

As of March 2025

This 3-bedroom, 1-bath ranch home is a rare find, located just four houses from the lake! Featuring a detached one-car garage, this property offers endless potential as a vacation home, investment, or flip project. Sold as-is and not cleaned out, it's a blank slate for your creative vision. The furnace and water heater are newer, providing a solid starting point for renovations. Whether you're looking to create the perfect lake getaway or add value as an investment, this property's prime location makes it a fantastic opportunity. Don't miss your chance to own a home near the lake!

Last Agent to Sell the Property

David Whitehead

RE/MAX Lifestyles License #RB14035139 Listed on: 12/13/2024

RE/MAX Lifestyles

Last Buyer's Agent

Alison Gargas

Better Homes and Gardens Real License #RB16001332

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 80x60

Parking

  • Detached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 861 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Meyer Manor Fourth A Samuel C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451522409010000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: City
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: Meyer Manor Fourth A Samuel C
  • Above Grade Finished Sq Ft: 861
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Reso Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80x60
  • Lot Size Sq Ft: 4792
  • Parcel #: 451522409010000014

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Mar 18, 2025
Sold by
Delrio Jennifer
Bought by
Kadisak Russell
Seller's Agent
David Whitehead
RE/MAX Lifestyles
Buyer's Agent
Alison Gargas
Better Homes and Gardens Real
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%
Views
66
Current Estimated Value
$108,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,967
Avg. Annual Appreciation
18.34%
Original Mortgage
$80,000
Outstanding Balance
$79,661
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$29,306

Purchase Details

Closed on
Jul 29, 2024
Sold by
Jacobsen Glenn B and Jacobsen Cheryl R
Bought by
Delrio Jennifer
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $75,000 Centurion Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $100,000 +5.3% $116 / Sq Ft
12/13/2024 12/13/24 For Sale $95,000 -- $110 / 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 $2,364 $94,700 $21,800 $72,900
2023 $2,033 $88,900 $18,600 $70,300
2022 $1,983 $83,300 $18,600 $64,700
2021 $1,639 $74,700 $15,000 $59,700
2020 $1,582 $68,800 $14,800 $54,000
2019 $1,495 $65,300 $14,800 $50,500
2018 $1,541 $62,800 $14,800 $48,000
2017 $1,678 $64,000 $14,800 $49,200
2016 $1,701 $63,200 $14,800 $48,400
2014 $1,450 $62,500 $14,800 $47,700
2013 $1,514 $61,700 $14,800 $46,900
Source: Public Records

Agents Affiliated with this Home

  • David Whitehead

    Seller's Agent in 2025

    David Whitehead

    RE/MAX

    (219) 793-4416

    6 in this area

    153 Total Sales

    David Whitehead
    Section Image
  • Alison Gargas

    Buyer's Agent in 2025

    Alison Gargas

    Better Homes and Gardens Real

    (219) 218-2407

    3 in this area

    78 Total Sales

    Alison Gargas
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 813988

Northwest Indiana Association of REALTORS®

APN: 45-15-22-409-010.000-014

Indiana Lake County Cedar Lake 46303

8522 W 131st Ave, Cedar Lake, IN

This home is located at 8522 W 131st Ave, Cedar Lake, IN 46303 and is currently priced at $100,000, approximately $116 per square foot. This property was built in 1930. 8522 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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