NOT LISTED FOR SALE

Estimated Value: $281,000 - $335,000

3 Beds
2 Baths
1,474 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $295,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,872/month

57 Days on Market

Highlights

  • River Front
  • Deck
  • Cottage
  • 2.07 Acre Lot
  • No HOA
  • 2 Car Detached Garage

About This Home

As of September 2023

Welcome to this remarkable property nestled along the breathtaking Kankakee River, offering a rare opportunity to own a slice of paradise spanning 2 acres of picturesque land. This unique property boasts a 3-bedroom, 2-bathroom home, a charming cabin, and a single wide, providing a versatile investment opportunity as a lucrative Airbnb or rental income-producing property.The main residence is a delightful 3-bedroom, 2-bathroom home, perfectly designed for comfortable living. With its warm and inviting ambiance, this home offers a cozy living room, a well-appointed kitchen/dining area and spaious bedrooms.Adjacent to the main house, you'll find a charming cabin that adds a touch of rustic charm to the property. This additional dwelling is ideal for accommodating guests. With its own living area, loft, kitchenette, and bathroom, the cabin ensures privacy and comfort for all occupants. Single wide, offers even more potential for generating rental income or hosting additional guests.

Last Agent to Sell the Property

Tracy VanderWall

RE/MAX Executives License #RB14002784 Listed on: 06/11/2023

RE/MAX Executives

Last Buyer's Agent

Natalia Rafalo

Haven Realty License #RB19000956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1941

Lot Details

  • 2.07 Acre Lot
  • River Front

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 371509000007000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: River
  • ResoLotFeatures: Open Lot
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1811
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1474
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 2.07
  • Waterfront Features: River Front
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 90169
  • Parcel #: 371509000007000024

Tax Info

  • Year: 2022
  • Tax Annual Amount: 890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Sep 29, 2023
Sold by
Towner Meredith Lawrence
Bought by
Mccraw Scott W and Mccraw Joe C
Seller's Agent
Tracy VanderWall
RE/MAX Executives
Buyer's Agent
Natalia Rafalo
Haven Realty
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%
Current Estimated Value
$310,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,466
Avg. Annual Appreciation
3.03%
Original Mortgage
$250,750
Outstanding Balance
$246,927
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$65,094

Purchase Details

Closed on
Nov 13, 2014
Sold by
Indiana Property Management Inc
Bought by
Lawrence Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2011
Sold by
Us Bank Na
Bought by
Indiana Property Management Inc

Purchase Details

Closed on
Jun 15, 2011
Sold by
Grisham Karie A and Grisham Richard L
Bought by
Us Bank Na
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
Mccraw Scott W $295,000 None Listed On Document
Lawrence Meredith -- None Available
Indiana Property Management Inc -- Statewide Title Company
Us Bank Na $38,692 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccraw Scott W $250,750
Previous Owner Lawrence Meredith $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $295,000 +1.8% $200 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $289,900 -- $197 / 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 $2,157 $228,900 $12,800 $216,100
2023 $922 $164,400 $12,800 $151,600
2022 $890 $143,300 $11,000 $132,300
2021 $869 $132,100 $11,000 $121,100
2020 $938 $133,900 $11,000 $122,900
2019 $961 $137,900 $15,000 $122,900
2018 $868 $125,400 $15,000 $110,400
2017 $826 $125,000 $15,000 $110,000
2016 $798 $124,000 $15,000 $109,000
2014 $693 $123,200 $15,000 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 531697

Northwest Indiana Association of REALTORS®

APN: 37-15-09-000-007.000-024