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  • $341,000

    12986 Colfax St, Cedar Lake, IN 46303

    4beds
    --sqft
    Duplex
    Built in 1977
    -- sqft lot
    $307,700 Zestimate®
    $--/sqft
    $1,872 Estimated rent

    Home value

    $307,700

    $265,000 - $357,000

    $1,872/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity in Cedar LakeDiscover an exceptional investment opportunity in the heart of Cedar Lake. This charming ranch-style multi-unit duplex is perfect for savvy buyers looking to capitalize on rental income or enjoy lakeside living while generating revenue. Rent both units or live in one and lease the other.Recent Renovations:Unit 12986 Colfax (Tenant-Occupied):Fully remodeled in 2022/232 bedrooms, new bathroom, living room, galley kitchen, dining room, laundry/utility roomNew flooring, water heater (2022), dishwasher (2021), refrigerator and washer (2023)Unit 6451 W 129th Ave (Owner-Occupied):Fully remodeled in 20222 bedrooms, bathroom, living room with fireplace, galley kitchen, dining room, laundry/utility roomNew flooring, water heater, microwave and refrigerator (2022)Additional Features:Tenants are responsible for their own utilities and lawn/snow maintenance.Each unit includes a sump pump and features a dry crawl space, ensuring a well-maintained environment.New Commercial grade water softener systemNew maintenance-free solid surface deckPrime Location, situated near the coveted Cedar Lake with numerous amenities. Top rated Crown Point Schools.Walking distance to Lemon Lake, offering a serene and picturesque setting.This well-maintained property offers a unique opportunity to own prime real estate in a sought-after lake community. Don't miss out on this amazing investment potential. Possession subject to tenants' rights.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sladjana Keric,

    @properties/Christie's Intl RE 219-440-0070

    Bought with:

    Christine Swisher, RB17000623

    BHHS Executive Realty

    Source: NIRA as distributed by MLS GRID,MLS#: 805642MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Washer, Water Softener Owned, Washer/Dryer Stacked, Microwave, Gas Water Heater, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Electric Range, Dryer
    • Laundry: In Unit, Main Level, Laundry Room
    Features
    • Ceiling Fan(s)
    • Basement: Crawl Space,Sump Pump,Exterior Entry
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Finished area above ground: 1,574

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Side By Side, Shared Driveway, On Street, Garage Door Opener, Driveway, Concrete
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Deck, Front Porch
    • Exterior features: Garden
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.29 Acres
    • Dimensions: 90 x 140
    • Features: Back Yard, Level, Garden, Landscaped, Corner Lot
    Details
    • Parcel number: 451523427025.000043

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & HOA

    Community
    • Features: Curbs
    • Security: Smoke Detector(s)
    • Subdivision: Lemon Lake Estates
    HOA
    • Has HOA: No
    Location
    • Region: Cedar Lake

    Financial & listing details

    • Annual tax amount: $2,092
    • Date on market: 6/20/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Conventional
    • Total actual rent: 14400
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/16/2024Sold$341,000+4.9%
    Source: NIRA as distributed by MLS GRID #805642 Report a problem
    6/24/2024Contingent$325,000
    Source: NIRA as distributed by MLS GRID #805642 Report a problem
    6/20/2024Listed for sale$325,000
    Source: NIRA as distributed by MLS GRID #805642 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46303

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Crown Point High School

    Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $307,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $307,700