NOT LISTED FOR SALE

8602 W 132nd Place Cedar Lake, IN 46303

Estimated Value: $371,000 - $537,000

3 Beds
2 Baths
1,870 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $305,000 $163 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,338/month

125 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Deck
  • Docks
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of November 2015

The seller is sad to leave this wonderful lake front cottage. She has owned it for three years, time for someone else. Home has 3 bdms and 2 baths. Seller installed hardwood floors, and a new chimney liner for the wood FP. Kitchen features stainless steel appliances and a wine refrigerator. For privacy the upper floor offers a large master suite. The bath features a shower and built ins for storage. Very charming. Main floor bdrms have good size closets. Bath features both a whirlpool and a large shower. The home features two furnaces and ac units. The upstairs units have been replaced. Roof is 8 years old and current owner had additional electrical outlets added in the living room as well as new sliders. The landscaping allows for three seating areas for your guest while you enjoy the lake. The 80' pier will remain as well as the waterfront storage shed. There is a vacant lot adjacent to the property that is also for sale. MLS #373745

Last Agent to Sell the Property

Marilyn Tolhuizen

McColly Real Estate License #RB14039650 Listed on: 06/06/2015

Last Buyer's Agent

Marilyn Tolhuizen

McColly Real Estate License #RB14039650 Listed on: 06/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,582

Year Built

  • Built in 1934

Lot Details

  • 9,191 Sq Ft Lot
  • Lot Dimensions are 40 x 230
  • Lake Front
  • Fenced
  • Landscaped
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Lake Views
  • Home Security System

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Docks
  • Lake On Lot
  • Deck
  • Patio
  • Storage Shed

Utilities

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

Community Details

  • Meyer Manor Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451522458042000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,582

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake On Property, Lake Access, Lake Front, Lake View, Landscaped, Sloped, Water Rights
  • ResoOtherEquipment: Cable TV Hookup, Security System, Other
  • Co List Office Mls Id: GNR270
  • Subdivision Name: Meyer Manor
  • Architectural Style: Cape Cod
  • GNR_Exterior: Cement Block,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: 1.75
  • 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, Range Hood, Refrigerator, Washer, Other
  • Interior Amenities: Finished Laundry Rm, FP Living/Great Room, Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Whirlpool Tub
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Boat Dock/Mooring, Deck, Fence, Patio, Storage Shed
  • Acres: 0.211

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 40 x 230
  • Lot Size Sq Ft: 9191
  • Parcel #: 451522458042000014

Tax Info

  • Year: 2013
  • Tax Annual Amount: 6582

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2018
Sold by
Wise Kerry and Wise Shelley
Bought by
Wise Revocable Trust
Current Estimated Value
$471,869

Purchase Details

Listed on
Jun 6, 2015
Closed on
Nov 30, 2015
Sold by
Frankel Amy
Bought by
Wise Shelley M and Wise Kerry L
Seller's Agent
Marilyn Tolhuizen
McColly Real Estate
Buyer's Agent
Marilyn Tolhuizen
McColly Real Estate
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$240,000
Outstanding Balance
$191,615
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$275,634

Purchase Details

Closed on
Mar 27, 2015
Sold by
Frankel Amy and Estate Of Neal R Frankel
Bought by
Frankel Amy

Purchase Details

Closed on
Aug 26, 2011
Sold by
Nyiri Andrew P
Bought by
Frankel Neal R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Pruett Barry L
Bought by
Nyiri Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wise Revocable Trust -- None Available
Wise Shelley M -- Community Title Co
Frankel Amy -- None Available
Frankel Neal R -- Fnt Highland
Nyiri Andrew P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Shelley M $240,000
Previous Owner Frankel Neal R $223,200
Previous Owner Nyiri Andrew P $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $305,000 0.0% $163 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $305,000 -- $163 / 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 $10,031 $385,500 $175,700 $209,800
2023 $8,898 $377,300 $165,900 $211,400
2022 $8,898 $373,800 $165,900 $207,900
2021 $7,485 $341,200 $143,300 $197,900
2020 $7,244 $315,000 $143,300 $171,700
2019 $7,035 $307,200 $143,300 $163,900
2018 $7,231 $294,600 $136,600 $158,000
2017 $7,645 $291,600 $136,600 $155,000
2016 $7,508 $279,000 $136,600 $142,400
2014 $6,583 $283,700 $136,600 $147,100
2013 $6,674 $271,900 $136,600 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR373741

Northwest Indiana Association of REALTORS®

APN: 45-15-22-458-042.000-014