Great opportunity near Cedar Lake with exceptional upside. Located just blocks from the lake, this property-on two lots- offers a prime setting for renovation, redevelopment, or long-term investment. The home is a full gut, providing a blank canvas for buyers looking to design and build to their vision in a highly desirable lake-area location. Positioned in close proximity to Cedar Lake, this property benefits from the lifestyle and demand that lake-adjacent living brings--without the premium price of direct lakefront. Whether you're an investor, builder, or buyer looking for a project in a strong location, opportunities like this are few and far between. Schedule your showing today!
Closed
$61,500
14031 Lauerman St, Cedar Lake, IN 46303
3beds
1,184sqft
Single Family Residence
Built in 1939
0.31 Acres Lot
$62,800 Zestimate®
$52/sqft
$2,184 Estimated rent
Home value
$62,800
$58,000 - $68,000
$2,184/mo
Zestimate® history
Owner options
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$2,184/mo
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$2,184/mo
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$310/mo
Est. payment
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$310/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kristin Trzoski,
Advanced Real Estate, LLC 219-595-2007
Bought with:
Kristin Trzoski, RB14036260
Advanced Real Estate, LLC
Source: NIRA as distributed by MLS GRID,MLS#: 832089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 130
- Dimensions: 13.0 x 10.0
Bedroom 2
- Area: 121
- Dimensions: 11.0 x 11.0
Bedroom 3
- Area: 121
- Dimensions: 11.0 x 11.0
Kitchen
- Area: 130
- Dimensions: 13.0 x 10.0
Living room
- Area: 156
- Dimensions: 13.0 x 12.0
Heating
- None
Appliances
- Included: Other
Features
- None
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,184
- Total interior livable area: 1,184 sqft
- Finished area above ground: 1,184
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Faces Front
- Garage spaces: 1
Features
- Levels: One
- Has view: Yes
- View description: Rural
Lot
- Size: 0.31 Acres
- Features: Front Yard
Details
- Has additional parcels: Yes
- Parcel number: 451527458023000014
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Unknown
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Electricity Available
Community & neighborhood
Location
- Region: Cedar Lake
- Subdivision: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $61,500-18%$52/sqft |
Source:  NIRA as distributed by MLS GRID #832089 Report a problem | ||
| 1/19/2026 | Pending sale | $75,000$63/sqft |
Source: NIRA as distributed by MLS GRID #832089 Report a problem | ||
| 1/5/2026 | Price change | $75,000-6.3%$63/sqft |
Source: NIRA as distributed by MLS GRID #832089 Report a problem | ||
| 12/22/2025 | Listed for sale | $80,000$68/sqft |
Source: NIRA as distributed by MLS GRID #832089 Report a problem | ||
| 4/25/2025 | Sold | $80,000-19.9%$68/sqft |
Source: NIRA as distributed by MLS GRID #812444 Report a problem | ||
| 3/27/2025 | Pending sale | $99,900$84/sqft |
Source: NIRA as distributed by MLS GRID #812444 Report a problem | ||
| 3/14/2025 | Price change | $99,900-0.1%$84/sqft |
Source: NIRA as distributed by MLS GRID #812444 Report a problem | ||
| 12/17/2024 | Price change | $100,000-16.7%$84/sqft |
Source: NIRA as distributed by MLS GRID #812444 Report a problem | ||
| 11/1/2024 | Listed for sale | $120,000$101/sqft |
Source: NIRA as distributed by MLS GRID #812444 Report a problem | ||
| 7/30/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/1/2021 | Listed for sale | $120,000+93.5%$101/sqft |
Source: Owner Report a problem | ||
| 6/8/2018 | Sold | $62,000-11.3%$52/sqft |
Source: NIRA as distributed by MLS GRID #435382 Report a problem | ||
| 5/23/2018 | Listed for sale | $69,900$59/sqft |
Source: Coldwell Banker Res. Brokerage #435382 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $759 -0.3% | $141,100 +35% |
| 2024 | $761 -6.6% | $104,500 +1.1% |
| 2023 | $815 +23.8% | $103,400 +5.9% |
| 2022 | $658 +8% | $97,600 +7.1% |
| 2021 | $609 +6.7% | $91,100 +6.3% |
| 2020 | $571 -70.9% | $85,700 +4.5% |
| 2019 | $1,961 -4.7% | $82,000 +2.6% |
| 2018 | $2,058 +6.7% | $79,900 +1.8% |
| 2017 | $1,928 | $78,500 +1.7% |
| 2016 | $1,928 +12.3% | $77,200 +4.3% |
| 2014 | $1,717 +0.7% | $74,000 +6.5% |
| 2013 | $1,706 -10.6% | $69,500 +0.7% |
| 2012 | $1,907 -12.4% | $69,000 -8.2% |
| 2011 | $2,177 +47.1% | $75,200 +13.9% |
| 2010 | $1,480 | $66,000 -9.8% |
| 2009 | -- | $73,200 |
Find assessor info on the county website
Neighborhood: 46303
Nearby schools
GreatSchools rating
- NAJane Ball Elementary SchoolGrades: PK-2Distance: 1 mi
- 6/10Hanover Central Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Hanover Central High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$62,800
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
$62,800
- Indiana
- Lake County
- Cedar Lake
- 46303
- 14031 Lauerman St
Nearby cities
Nearby zip codes
Other Cedar Lake Topics
