$2,000,000
SOLD OCT 11, 2023
4 Beds
3 Baths
3,630 Sq Ft
0.8 Acres

Recently Sold

$551 Per Sq Ft

33% Below List Price

477 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Living Room with Fireplace
  • Newton Yost Elementary School Rated A-
  • Lake On Lot
  • Main Floor Bedroom

About This Home

As of October 2023

This once-in-a-lifetime opportunity to own a serene lakefront retreat with 130' of beach frontage is available to make your own. Steps away from Indiana Dunes National Park, this property combines the ultimate in privacy and recreation, as the parcel is just west of the park and is nestled in nature, steps from Lake Michigan. Soak in waterfront views with the Chicago skyline in the distance or enjoy swimming and boating with family and friends - the choice is yours. The mid-century modern residence boasts 3,600 square feet of finished living space with 4 bedrooms + office, 3 baths, a formal+casual living space, and a screened-in porch. Recent 2021 updates include freshly painted home and garage, new septic system, rebuilt chimney, and reglazed windows. Perfectly laid out to host a large family gathering or weekend getaway with friends, the home is in the prime location to explore trails, hike the dunes and enjoy a peaceful lake lifestyle, just a mere hour commute from downtown Chicago.

Last Agent to Sell the Property

Lesley Sweeney

Encore Sotheby's International License #RB19000410 Listed on: 04/28/2022

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,718

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 260 x 110
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • 3,630 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Recreation Room with Fireplace
  • Screened Porch
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Lake On Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640322101002000025

Community Details

Overview

  • No Home Owners Association
  • Dune Acres 03 Subdivision

Additional Features

  • Net Lease
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,718

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Lake On Property, Lake Access, Lake Front
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1991
  • Subdivision Name: Dune Acres 03
  • Architectural Style: Multi-Level
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: false
  • GNR_ShortSaleYN: false
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Den/Office, Finished Laundry Rm, FP Living/Great Room, FP Rec Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Guarded Entry, Porch Screened
  • Acres: 0.804

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 260 x 110
  • Lot Size Sq Ft: 35022
  • Parcel #: 640322101002000025

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9718

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Oct 10, 2023
Sold by
Norton Anne O and Osann Edward R
Bought by
Ridgway William E and Ridgway Jessica
Seller's Agent
Lesley Sweeney
Encore Sotheby's International
List Price
$3,000,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,000,000
-33.33%
Views
42
Current Estimated Value
$1,822,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,679
Avg. Annual Appreciation
-6.16%
Original Mortgage
$1,102,500
Outstanding Balance
$1,085,978
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$696,776

Purchase Details

Closed on
Nov 28, 2021
Sold by
Self-Declaration Ruth H Osann Revocable
Bought by
Ruth H Osann Revocable Self-Declaration Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Deed $2,000,000 None Listed On Document
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,102,500 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $1,139,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $2,000,000 0.0% $551 / Sq Ft
10/10/2023 10/10/23 Sold $2,000,000 0.0% $551 / Sq Ft
08/27/2023 08/27/23 Off Market $2,000,000 -- --
08/19/2023 08/19/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $2,500,000 -10.7% $689 / Sq Ft
02/03/2023 02/03/23 For Sale $2,800,000 -6.7% $771 / Sq Ft
04/28/2022 04/28/22 For Sale $3,000,000 -- $826 / 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 $10,139 $962,600 $543,400 $419,200
2023 $10,119 $895,500 $502,700 $392,800
2022 $9,721 $852,700 $502,700 $350,000
2021 $10,389 $908,300 $553,200 $355,100
2020 $9,718 $850,700 $523,300 $327,400
2019 $9,718 $850,700 $523,300 $327,400
2018 $9,718 $850,700 $523,300 $327,400
2017 $9,741 $852,700 $523,300 $329,400
2016 $10,773 $941,300 $619,400 $321,900
2014 $10,429 $921,900 $574,100 $347,800
2013 -- $912,400 $585,800 $326,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR511193

Northwest Indiana Association of REALTORS®

APN: 64-03-22-101-002.000-025