NOT LISTED FOR SALE

8522 W 140th Ave Cedar Lake, IN 46303

Estimated Value: $198,153 - $240,000

3 Beds
1 Bath
1,036 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $134,000 $129 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,524/month

69 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Country Kitchen
  • Ranch Style House
  • Formal Dining Room
  • 1.5 Car Attached Garage

About This Home

As of March 2017

BEAUTIFUL 3 Bed 1 Bath completely remodeled home on a gorgeous fenced in lot! This home features an eat in kitchen w/plenty of cabinetry, counter space, easy access to covered front deck & newer appliances. This home has a cozy family room with vaulted ceilings, large Master Bdrm & 2 additional bedrooms all on the main level. Seller includes washer and dryer, water softener & well system in addition to all of the kitchen appliances. This home is a MUST SEE! Located within walking distance from the lake, in a quickly developing area, this purchase would be a prudent investment. Nearby the home is a public beach, museum, park w/gazebo, municipalities building, lakefront condominium development & waterfront dining at Cedar Lake's famous Lighthouse Restaurant.

Last Listed By

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 12/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $337

Year Built

  • Built in 1945

Lot Details

  • 3,698 Sq Ft Lot
  • Lot Dimensions are 25x148
  • Fenced

Parking

  • 1.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,036 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Attic Stairs

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Shaws Cedar Lake Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451527460014000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$337

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Shaws Cedar Lake Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • 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
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Hood, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Attic Stairway, Country Kitchen, Formal Dining, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Fence
  • Acres: 0.0849

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 25x148
  • Lot Size Sq Ft: 3698
  • ResoLotSizeUnits: Acres
  • Parcel #: 451527460014000014
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2015
  • Tax Annual Amount: 337

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2016
Closed on
Mar 24, 2017
Sold by
Hixon Edward D and Hixon Heather Ann
Bought by
Krolik Darrick J
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$134,000
Sold Price
$134,000
Total Days on Market
69
Current Estimated Value
$212,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,788
Avg. Annual Appreciation
5.83%
Original Mortgage
$131,572
Outstanding Balance
$111,315
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$101,473

Purchase Details

Closed on
Jul 15, 2015
Sold by
Hixon Edward D
Bought by
Hixon Edward D and Hixon Heather Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
4.02%
Mortgage Type
New Conventional

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
Krolik Darrick J -- Liberty Title
Hixon Edward D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krolik Darrick J $131,572
Previous Owner Hixon Edward D $89,600
Previous Owner Hixon Edward D $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $134,000 0.0% $129 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $134,000 -- $129 / 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 $4,142 $154,800 $25,000 $129,800
2023 $1,515 $155,800 $22,500 $133,300
2022 $1,515 $147,500 $22,500 $125,000
2021 $1,290 $140,100 $18,500 $121,600
2020 $1,294 $136,200 $18,500 $117,700
2019 $1,256 $131,100 $18,500 $112,600
2018 $1,228 $126,600 $18,500 $108,100
2017 $893 $102,000 $18,500 $83,500
2016 $685 $88,800 $18,500 $70,300
2014 $299 $61,100 $9,200 $51,900
2013 $290 $57,000 $9,200 $47,800
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2017

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    19 in this area

    727 Total Sales

    Jeff McCormick
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR405918

Northwest Indiana Association of REALTORS®

APN: 45-15-27-460-014.000-014

Indiana Lake County Cedar Lake 46303

8522 W 140th Ave, Cedar Lake, IN

Homes for Sale in Cedar Lake, IN

This home is located at 8522 W 140th Ave, Cedar Lake, IN 46303 since 13 December 2016 and is currently estimated at $212,788, approximately $205 per square foot. This property was built in 1945. 8522 W 140th 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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