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  • Price cut: $28K (8/4)
    $220,000

    1023 Riverlane Dr, Lake Station, IN 46405

    2beds
    1,076sqft
    : 
    $1,503/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    0.31 Acres Lot
    $216,800 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Enormous partially finished basementFully fenced yardCozy fireplaceLarge deck for entertainingAttached one-car garageExceptional outdoor amenitiesNewer siding
    Move right into this well-maintained 2-bedroom, 1-bath home offering comfort, functionality, and incredible outdoor living! Featuring newer siding and beautiful hardwood floors in select rooms, this home has been lovingly cared for and is ready for its next owner. Inside, you'll find a spacious family/rec room centered around a cozy fireplace--perfect for relaxing or entertaining. The enormous partially finished basement provides endless possibilities, complete with a shower and plenty of space for a recreation room, home gym, workshop, or additional storage. Step outside to your own private backyard retreat. The fully fenced yard offers plenty of room to play or garden and includes a large deck for entertaining, plus a insulated patio room with electricity, lighting, and a ceiling fan--ideal for enjoying warm evenings or creating the perfect outdoor gathering space. Storage is no issue with the impressive 16' x 12' shed featuring a loft, and the additional carport provides even more covered parking or workspace. An attached one-car garage completes this fantastic property. Located in a cul-de-sac that has access to the river. With its thoughtful updates, generous living spaces, and exceptional outdoor amenities, this home is a must-see!
    20 days
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    332
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Lopez,

    RE/MAX Realty Associates 219-922-8400

    Source: NIRA as distributed by MLS GRID,MLS#: 842842MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bonus Room, Primary Bedroom, Living Room, Kitchen, Great Room, Bedroom 2
      Primary bedroom
      • Level: Main
      • Area: 117
      • Dimensions: 13.0 x 9.0
      Bedroom 2
      • Level: Main
      • Area: 99
      • Dimensions: 11.0 x 9.0
      Bonus room
      • Level: Basement
      • Area: 660
      • Dimensions: 30.0 x 22.0
      Great room
      • Level: Main
      • Area: 273
      • Dimensions: 21.0 x 13.0
      Kitchen
      • Level: Main
      • Area: 132
      • Dimensions: 12.0 x 11.0
      Living room
      • Level: Main
      • Area: 187
      • Dimensions: 17.0 x 11.0
      Heating
      • Forced Air
      Appliances
      • Included: None
      Features
      • None
      • Basement: Partially Finished
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 1,076
      • Total interior livable area: 1,076 sqft
      • Finished area above ground: 1,076

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, Paved, Garage Faces Front, Driveway, Asphalt, Additional Parking
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 0.31 Acres
      • Features: Back Yard, Paved
      Details
      • Parcel number: 450919201011000021
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: River Forest Estates
      HOA
      • Has HOA: No
      Location
      • Region: Lake Station

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $165,300
      • Annual tax amount: $1,204
      • Date on market: 7/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,FHA,Conventional

        Estimated market value

        $216,800

        $206,000 - $228,000

        $1,449/mo

        Price history

        DateEventPrice
        8/4/2026Price change$220,000-11.3%$204/sqft
        Source: NIRA as distributed by MLS GRID #842842 Report a problem
        7/24/2026Listed for sale$248,000$230/sqft
        Source: NIRA as distributed by MLS GRID #842842 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$816 +210.5%$165,300 +12.9%
        2024$263 +133.9%$146,400 +46.1%
        2023$112 $100,200 +9.4%
        2022-- $91,600 +13.1%
        2021-- $81,000 -24.2%
        2020$564 +289.1%$106,900 +2.6%
        2019$145 $104,200 +33.4%
        2018$145 -83%$78,100 +3.9%
        2017$851 $75,200 -0.8%
        2016$851 -23.2%$75,800 -15.8%
        2014$1,108 -3.9%$90,000 +0.2%
        2013$1,154 -3.9%$89,800 +1%
        2012$1,201 +37.6%$88,900 +13.4%
        2011$873 +12.3%$78,400 -0.8%
        2010$777 $79,000 -0.8%
        2009-- $79,600 -0.1%
        2007-- $79,700 +10.8%
        2006-- $71,900
        2005-- $71,900
        2004-- $71,900 +1098.3%
        2003-- $6,000 -66.7%
        2002-- $18,000 +200%
        2001-- $6,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46405

        Getting around

        36 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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