NOT LISTED FOR SALE

8622 W 131st Place Cedar Lake, IN 46303

Estimated Value: $187,000 - $202,177

2 Beds
1 Bath
950 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $188,000 $198 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,326/month

19 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Country Kitchen
  • No HOA
  • 2.5 Car Detached Garage
  • 3-minute walk to Potawatomi Park

About This Home

As of January 2024

Cute as can be and move-in ready is what you will find with this property. Conveniently located, and newly renovated this home is sure to please. From the moment you enter, you will be amazed at the spacious feel of this modest home. The large eat-in kitchen boasts new cabinets and counter tops. The original hardwood flooring throughout the home represents the era in which it was built. Both of the ample sized bedrooms feature a massive amount of closet space! Exterior improvements of new siding, windows, and landscaping, make this property maintenance free for years to come. The oversized garage boasts plenty of storage with additional space for a workshop or hobby area. With a large corner lot, and lake access through the subdivision, this property provides the ideal setting for outdoor activities. Conveniently located near schools, shopping, and all major community amenities, this property checks all the boxes!

Last Listed By

Vicki Vicari

Impact Indiana Real Estate, LL Brokerage Phone: 219-689-7980 License #RB14051435 Listed on: 11/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x103

Parking

  • 2.5 Car Detached Garage

Home Design

  • 950 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Jane Ball Elementary School
  • Hanover Central Middle School
  • Hanover Central High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 451522452049000014

Community Details

Overview

  • No Home Owners Association
  • Meyer Manor 3Rd Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Co List Office Mls Id: GNR1778
  • Subdivision Name: Meyer Manor 3rd
  • 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_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-689-7980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Country Kitchen
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.25

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Hanover Central Middle School

Lot Info

  • Lot Dimensions: 90x103
  • Lot Size Sq Ft: 10890
  • Parcel #: 451522452049000014

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2338

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Hanover Central High School
  • Elementary School: Jane Ball Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 3, 2024
Sold by
Thompson Investment Gruop Llc
Bought by
Wright Randall
Seller's Agent
Vicki Vicari
Impact Indiana Real Estate, LL
List Price
$199,500
Sold Price
$188,000
Premium/Discount to List
-$11,500
-5.76%
Total Days on Market
19
Views
75
Current Estimated Value
$195,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,294
Avg. Annual Appreciation
2.76%
Original Mortgage
$141,000
Outstanding Balance
$139,147
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$56,147

Purchase Details

Closed on
Dec 10, 2014
Sold by
Cordrey Denise
Bought by
Dlc Properties Llc
Source: Public Records

Similar Homes in the area

  • 13340 Edison St, Cedar Lake, IN 46303

    $189,000

    • 2 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 13340 Edison St
    • Cedar Lake, IN

    This cozy gem features a bright living space, a spacious kitchen and a peaceful primary bedroom. The finished basement offers extra room for relaxing or entertaining, while the backyard provides a perfect spot to unwind. Nestled in a lovely community. This home is full of charm and ready for you to make it yours!

    Kathleen Nunez Listing Leaders Northwest

    Section Image
  • 6819 W 128th Place, Cedar Lake, IN 46303

    $197,000

    • 3 Beds
    • 1 Bath
    • 800 Sq Ft
    • 6819 W 128th Place
    • Cedar Lake, IN

    A pristinely kept brick and vinyl ranch with modern appeal! Featuring a beautifully updated kitchen with quartz countertops, gorgeous backsplash, white cabinets, and stainless steel appliances. Open concept from kitchen to living area with vaulted ceilings. Three bedrooms and one full bath with porcelain tile and quartz countertops. Deck off back with a paver patio, and two sheds for plenty of

    Jana Caudill eXp Realty, LLC

    Section Image
  • 8517 W 141st Ave, Cedar Lake, IN 46303

    $237,900

    • 3 Beds
    • 2 Baths
    • 1,342 Sq Ft
    • 8517 W 141st Ave
    • Cedar Lake, IN

    Newly remodeled quaint 3 bed, 2 bath cottage home is waiting for new owners to love it! Freshly painted throughout and new flooring. New kitchen appliances and counter tops. All appliances stay. Primary bedroom balcony offers a bonus peek-a-boo view of Cedar Lake. Sold as is! Schedule a viewing today!

    Andrea Shippey New Chapter Real Estate

    Section Image
  • 7021 W 137th Ln, Cedar Lake, IN 46303

    $219,000

    • 2 Beds
    • 1 Bath
    • 786 Sq Ft
    • 7021 W 137th Ln
    • Cedar Lake, IN

    Tucked away on a quiet street just minutes from the lake, this charming home might be exactly what you've been hoping to find. With its bright, updated interior and oversized yard, there's a warmth and simplicity here that feels like home the moment you arrive. Whether you're sipping coffee in the sunlit kitchen or enjoying the open green space outside, this peaceful retreat offers just enough --

    Morgan Neubauer Grand Vision Realty

    Section Image
  • 7316 W 143rd Place, Cedar Lake, IN 46303

    $247,900

    • 2 Beds
    • 1 Bath
    • 1,196 Sq Ft
    • 7316 W 143rd Place
    • Cedar Lake, IN

    Lake life in Surprise Park! Enjoy the best of Cedar Lake living in the desirable Surprise Park neighborhood. This charming home includes access to a private beach, private park, and residents-only pier- perfect for swimming, boating, and soaking up the lake views. An oversized detached garage offers plenty of space for lake toys, a golf-cart or a workshop space. Just minutes from the town grounds

    Jordan Dessauer Anton Agency

    Section Image
  • 14335 Morse St, Cedar Lake, IN 46303

    $199,000

    • 3 Beds
    • 1 Bath
    • 1,319 Sq Ft
    • 14335 Morse St
    • Cedar Lake, IN

    3 bedroom ranch home in the Crown Point school system with garage on over 1/3 acre of land. Features include: Large backyard deck and shed, private setting with no homes in back (Town of Cedar Lake owns the land behind), lots of mature trees, property goes back over 3oo feet from Morse street, top of the line high efficiency furnace, all kitchen appliances included, finished laundry room,

    Joe Moke Weichert, Realtors-Moke Agency

    Section Image
  • 14316 Hobart St, Cedar Lake, IN 46303

    $220,000

    • 2 Beds
    • 1 Bath
    • 988 Sq Ft
    • 14316 Hobart St
    • Cedar Lake, IN

    Come take a look at this ranch home on 6 lots in Shades Add. the home is currently 2 bedroom, but can be a 3 bedroom as before. Not far from the Lake for your summer fun activities. Also back yard has a lean to for extra storage. Along with a beautiful outdoor Hot tub placed under patio roof. Deck off back of house in yard near hot tub makes for great outdoor activities. 6 lots offer nice size

    Toni Dayberry McColly Real Estate

    Section Image
  • 14526 Colfax St, Cedar Lake, IN 46303

    $199,000

    • 3 Beds
    • 1 Bath
    • 1,237 Sq Ft
    • 14526 Colfax St
    • Cedar Lake, IN

    14526 Colfax Place is a charming 3-bedroom, 1-bathroom home situated on two pins, offering both comfort and future potential. The property features a generous front deck, perfect for relaxing or entertaining guests. Inside, the home provides a cozy and functional living space, ideal for families or individuals seeking a quiet neighborhood near local amenities. Just minutes from the scenic Cedar

    Caleb Lyzenga eXp Realty, LLC

    Section Image
  • 9218 W 155th Ave, Lowell, IN 46356

    $159,900

    • 3 Beds
    • 1.5 Baths
    • 975 Sq Ft
    • 9218 W 155th Ave
    • Lowell, IN

    3 Bdrm / 2 Bath sitting on a large lot with a full basement and a large 22 x 26 garage. This home needs many updates and repairs. The poured basement walls (foundation) seem to be in really good shape. Both structures seem very solid. This home is being sold as is and the seller will be leaving behind most of the personal property that you see including the metal trailer in the front. The well,

    David Harkabus BHHS Executive Realty

    Section Image
See All Homes in Cedar Lake

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Randall $110,000 None Listed On Document
Thompson Investments Ltd $110,000 Meridian Title
Dlc Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Randall $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $188,000 -5.8% $198 / Sq Ft
11/18/2023 11/18/23 For Sale $199,500 -- $210 / 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 $2,757 $147,000 $37,500 $109,500
2023 $2,338 $103,700 $32,000 $71,700
2022 $2,338 $98,200 $32,000 $66,200
2021 $1,893 $86,300 $25,800 $60,500
2020 $1,697 $73,800 $25,600 $48,200
2019 $1,619 $70,700 $25,600 $45,100
2018 $1,681 $68,500 $25,600 $42,900
2017 $1,819 $69,400 $25,600 $43,800
2016 $2,099 $78,000 $25,600 $52,400
2014 $1,819 $78,400 $25,500 $52,900
2013 $1,907 $77,700 $25,600 $52,100
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Vicki Vicari

    Impact Indiana Real Estate, LL

    (219) 318-1244

    10 in this area

    55 Total Sales

    Vicki Vicari
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR541946

Northwest Indiana Association of REALTORS®

APN: 45-15-22-452-049.000-014

Indiana Lake County Cedar Lake 46303

8622 W 131st Place, Cedar Lake, IN

This home is located at 8622 W 131st Place, Cedar Lake, IN 46303 since 18 November 2023 and is currently estimated at $195,294, approximately $205 per square foot. This property was built in 1954. 8622 W 131st Place 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.

Nearby Homes