NOT LISTED FOR SALE

9123 W 133rd Place Cedar Lake, IN 46303

Estimated Value: $315,000 - $329,000

7 Beds
3 Baths
3,157 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $135,000 $43 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,470/month

92 Days on Market

About This Home

As of August 2019

Terrific rental opportunity. Possibility to own a home and have your renters pay your mortgage. 1800 sq ft main house with full basement features 3 bedrooms, huge living room, formal dining, eat in kitchen and a large bonus/office. 1800 sq ft basement consisted of 4 rooms, new furnace and water softener, 100 amp circuit breaker panel and new main water lines from well. The 2 unit adjacent to the home each have 2 bedrooms, living room, kitchen and bath. Plenty of off street parking for tenants and quests on this 1/2 acre partially fenced lot. Long term tenants (10+ years)come with the 2 unit who wish to remain allowing minimal monthly cash outlay for the new owner. Main house is vacant allowing for quick occupancy for the new owner to live on site or add additional income making this purchase an income producing investment from day 1. Separate utilities for each unit with water supplied by well. Owner does supply up to 4 bags of salt for the softener and does maintain the unit.

Last Agent to Sell the Property

Robert Showalter

McColly Real Estate License #RB14013013 Listed on: 04/01/2019

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 0.61 Acre Lot

Home Design

  • 3,157 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 15 Open Parking Spaces
  • Side Driveway
  • Gravel Driveway
  • Off-Street Parking

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1922
  • Co List Office Mls Id: GNR166
  • Subdivision Name: None
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.609

Garage/Parking

  • Open Parking Spaces: 15
  • Parking Features: Off Street, Side Drive

Lot Info

  • Lot Size Sq Ft: 26528

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jul 26, 2019
Sold by
Medendrop David and Hunt Ellen M
Bought by
Polk Tim Michael
Seller's Agent
Robert Showalter
McColly Real Estate
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$322,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,086
Avg. Annual Appreciation
17.00%
Original Mortgage
$108,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Polk Tim Michael -- Chicago Title Ins Co Mpany
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polk Tim Michael $206,250
Closed Polk Tim Michael $108,000
Closed Polk Tim Michael $108,000
Previous Owner Medendorp David $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $135,000 0.0% $43 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $135,000 -- $43 / 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 $8,040 $321,900 $63,900 $258,000
2023 $4,374 $302,400 $54,500 $247,900
2022 $4,303 $280,300 $54,500 $225,800
2021 $3,479 $250,100 $43,900 $206,200
2020 $1,926 $152,600 $34,200 $118,400
2019 $1,432 $137,900 $28,000 $109,900
2018 $3,238 $131,900 $28,000 $103,900
2017 $3,503 $133,600 $28,000 $105,600
2016 $3,243 $120,500 $28,000 $92,500
2014 $2,745 $118,300 $28,000 $90,300
2013 $2,891 $117,800 $28,000 $89,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Showalter

    Seller's Agent in 2019

    Robert Showalter

    McColly Real Estate

    (708) 997-2211

    6 in this area

    87 Total Sales

    Robert Showalter
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR451958

Northwest Indiana Association of REALTORS®

APN: 45-15-27-127-007.000-014

Indiana Lake County Cedar Lake 46303

9123 W 133rd Place, Cedar Lake, IN

This home is located at 9123 W 133rd Place, Cedar Lake, IN 46303 since 01 April 2019 and is currently estimated at $322,086, approximately $102 per square foot. This property was built in 1922. 9123 W 133rd 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.

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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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