Seller's Agent in 2025
Alejandrina Perez de Davila
Homes on Demand Realty
(219) 308-4608
1 in this area
98 Total Sales
8602 W 131st Ave Cedar Lake, IN 46303
Estimated Value: $250,000 - $466,000
5
Beds
4
Baths
2,870
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Water Views
- Living Room
- ENERGY STAR Qualified Windows
- No HOA
- Forced Air Heating and Cooling System
- 4-minute walk to Potawatomi Park
About This Home
As of March 2025Have you ever considered owning an Air BNB? Here is your opportunity to enjoy lake living and/or create some passive income simultaneously! This beautiful two-story plus lower-level walkout offers plenty of room for everyone. The lower level offers a custom wet bar/family room, bedroom, and bathroom. Make your way up to this stunning main level and enjoy the huge front room with a kitchen that will accommodate any occasion with its double pantry and coffee and wine bar. Remember the amazing, picturesque view from the large windows before you walk out to the newly built deck in the back, waiting to entertain. Now, follow the beautiful wide oak stairway to the top level. Whether you are ending the night or starting your day, you'll love the view from the top deck. Your master room awaits you with its walkout access to the deck and a fabulous bathroom with a double vanity, double shower, and private toilet room. This home was custom-designed and renovated from top to bottom, with a new roof, siding, windows, doors, electrical, plumbing, and a 2-zone furnace. Take in the ambiance of all the light features and enjoy the night light mode. Be at ease with Lifeproof vinyl flooring, porcelain tiles, and energy-efficient appliances. The backsplash and color scheme were carefully selected to complement the style of this home. Conveniently located just minutes away from shops, restaurants, and boat parking. Your oasis is calling, answer it before someone else does!
Last Agent to Sell the Property
Homes on Demand Realty License #RB14039630 Listed on: 01/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,439
Year Built
- Built in 1929 | Remodeled
Lot Details
- 2,396 Sq Ft Lot
- Lot Dimensions are 60x 80
- Additional Parcels
Home Design
- Concrete Siding
- Stone
Interior Spaces
- 3-Story Property
- ENERGY STAR Qualified Windows
- Living Room
- Water Views
- Basement
Kitchen
- Gas Range
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Water Softener Leased
Community Details
- No Home Owners Association
- Meyer Manor Fourth Subdivision
Listing and Financial Details
- Assessor Parcel Number 451522409008000014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2025
Closed on
Mar 10, 2025
Sold by
Casa Bush Llc
Bought by
Crump Terriun
Seller's Agent
Alejandrina Perez de Davila
Homes on Demand Realty
Buyer's Agent
LaShonta Battle
Skyward Realty, LLC
List Price
$445,000
Sold Price
$455,000
Premium/Discount to List
$10,000
2.25%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,900
Avg. Annual Appreciation
-23.29%
Original Mortgage
$409,500
Outstanding Balance
$408,333
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
-$10,892
Purchase Details
Listed on
Aug 25, 2022
Closed on
Oct 28, 2022
Sold by
Anderson Carol B
Bought by
Casa Bush Llc
Seller's Agent
Tracey McNorton
McColly Real Estate
List Price
$145,000
Sold Price
$145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.01%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crump Terriun | -- | Community Title Company | |
| Casa Bush Llc | -- | Community Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crump Terriun | $409,500 | |
| Previous Owner | Casa Bush Llc | $366,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | Sold | $455,000 | 0.0% | $159 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $455,000 | +2.2% | $159 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $445,000 | +206.9% | $155 / Sq Ft |
| 10/28/2022 10/28/22 | Sold | $145,000 | 0.0% | $51 / Sq Ft |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $145,000 | -- | $51 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $5,541 | $218,200 | $12,100 | $206,100 |
| 2023 | $2,202 | $208,400 | $10,400 | $198,000 |
| 2022 | $2,184 | $190,700 | $10,400 | $180,300 |
| 2021 | $1,776 | $174,100 | $8,300 | $165,800 |
| 2020 | $1,297 | $136,400 | $7,400 | $129,000 |
| 2019 | $1,842 | $127,100 | $7,400 | $119,700 |
| 2018 | $2,178 | $120,500 | $7,400 | $113,100 |
| 2017 | $2,095 | $122,400 | $7,400 | $115,000 |
| 2016 | $2,141 | $120,000 | $7,400 | $112,600 |
| 2014 | $1,039 | $118,500 | $7,400 | $111,100 |
| 2013 | $1,086 | $117,700 | $7,400 | $110,300 |
Source: Public Records
Agents Affiliated with this Home
-
Alejandrina Perez de Davila
-
Yenni Guido-Soto
Seller Co-Listing Agent in 2025
Yenni Guido-Soto
Homes on Demand Realty
(219) 315-8683
1 in this area
23 Total Sales
-
LaShonta Battle
Buyer's Agent in 2025
LaShonta Battle
Skyward Realty, LLC
(773) 426-2843
1 in this area
16 Total Sales
-
Tracey McNorton
T
Seller's Agent in 2022
Tracey McNorton
McColly Real Estate
(219) 644-7919
3 in this area
21 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 815227
APN: 45-15-22-409-008.000-014
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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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