Beautiful Ranch on almost 5 acres, 3 Bedrooms, 2 Bath, Sunroom, 2.5 Car Attached Garage, PLUS 30' x 40' Pole Barn and Unfinished Walk out Basement. Kitchen with Oak cabinets, pantry, breakfast bar and appliances (No refrigerator). Great Room with vaulted ceilings, Spacious living room, Primary bed with walk in closet and bath. 2 Additional bedrooms, one w/ carpet and one newer laminate. Main floor laundry room with washer and dryer. Unfinished walk-out basement with bathroom rough-in and future ejector. Large screened in porch. 6 Panel pine doors throughout. Tankless water heater (3 years), AC/Furnace (approx. 3 years), Septic cleaned approx 3 years ago, water softener and rev osmosis owned. Whole house generator approx 2 years old, with 5 yr transferable warranty. Pole barn with electric subpanel from house and 2 large doors able to fit a small plane (30' x 40'). Back yard was used previously as landing strip (and still can be) and pole barn as airplane hanger. 13 Month HWA Home Warranty.
Closed
$499,900
16040 Morse St, Lowell, IN 46356
3beds
1,958sqft
Single Family Residence
Built in 2003
4.75 Acres Lot
$522,500 Zestimate®
$255/sqft
$2,373 Estimated rent
Home value
$522,500
$491,000 - $554,000
$2,373/mo
Zestimate® history
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List your homeWhat's special
Pole barnUnfinished walk-out basementMain floor laundry roomLarge screened in porchTankless water heaterVaulted ceilingsWater softener
Zillow last checked:
Listing updated:
Listed by:
Gina Musolino,
Coldwell Banker Realty 219-865-9911
Bought with:
Derek Durish, RB21001205
Haven Realty
Source: NIRA as distributed by MLS GRID,MLS#: 821758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Other Room, Living Room, Laundry, Kitchen, Great Room, Dining Room, Bedroom 3
Primary bedroom
- Description: Carpet with 3/4 Bath and W/I Closet
- Area: 180
- Dimensions: 15.0 x 12.0
Bedroom 2
- Description: Carpet
- Area: 132
- Dimensions: 12.0 x 11.0
Bedroom 3
- Description: Newer Laminate Floor
- Area: 132
- Dimensions: 12.0 x 11.0
Dining room
- Description: Vinyl Floor
- Area: 121
- Dimensions: 11.0 x 11.0
Great room
- Description: Newer Carpet
- Area: 357
- Dimensions: 21.0 x 17.0
Kitchen
- Description: Oak Cabinets, Pantry, Vinyl Floor, Breakfast Bar, Appliances (no refrigerator)
- Area: 154
- Dimensions: 14.0 x 11.0
Laundry
- Area: 60
- Dimensions: 10.0 x 6.0
Living room
- Description: Newer Carpet, Vaulted Ceiling
- Area: 154
- Dimensions: 14.0 x 11.0
Other
- Description: Screened Porch - No AC / Heat
- Area: 176
- Dimensions: 16.0 x 11.0
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Washer, Range, Range Hood, Freezer, Microwave, Dryer
- Laundry: Main Level
Features
- Ceiling Fan(s), Pantry, Walk-In Closet(s), Vaulted Ceiling(s), Granite Counters, Eat-in Kitchen
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,958
- Total interior livable area: 1,958 sqft
- Finished area above ground: 1,958
Property
Parking
- Total spaces: 2.5
- Parking features: Concrete, Garage Faces Front, Garage Door Opener, Driveway
- Garage spaces: 2.5
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Enclosed, Screened, Porch
- Exterior features: Storage
- Pool features: None
- Has view: Yes
- View description: Rural
Lot
- Size: 4.75 Acres
- Features: Landscaped
Details
- Parcel number: 451911176010000007
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: 200+ Amp Service, Generator
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Valley View
HOA
- Has HOA: No
Location
- Region: Lowell
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $407,500
- Annual tax amount: $3,506
- Date on market: 6/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $499,900$255/sqft |
Source:  NIRA as distributed by MLS GRID #821758 Report a problem | ||
| 6/26/2025 | Contingent | $499,900$255/sqft |
Source: NIRA as distributed by MLS GRID #821758 Report a problem | ||
| 6/20/2025 | Price change | $499,900-4.8%$255/sqft |
Source: NIRA as distributed by MLS GRID #821758 Report a problem | ||
| 6/13/2025 | Price change | $524,900-4.5%$268/sqft |
Source: NIRA as distributed by MLS GRID #821758 Report a problem | ||
| 6/1/2025 | Listed for sale | $549,900$281/sqft |
Source: NIRA as distributed by MLS GRID #821758 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,461 -0.4% | $407,500 +7.6% |
| 2024 | $3,474 +1.1% | $378,600 +2.3% |
| 2023 | $3,438 +24.1% | $370,000 +9.2% |
| 2022 | $2,771 +8.6% | $338,900 +15.9% |
| 2021 | $2,552 +1.8% | $292,300 +4.5% |
| 2020 | $2,506 -0.8% | $279,600 +6.1% |
| 2019 | $2,525 -3.8% | $263,600 +1.2% |
| 2018 | $2,626 +0.3% | $260,600 +2.2% |
| 2017 | $2,619 | $255,100 -4.2% |
| 2016 | $2,619 +2.1% | $266,300 +2.6% |
| 2014 | $2,566 -0.3% | $259,500 +2.3% |
| 2013 | $2,573 -8.3% | $253,700 +5.5% |
| 2012 | $2,807 +7.1% | $240,500 -5.3% |
| 2011 | $2,621 -9.6% | $254,000 |
| 2010 | $2,900 | $254,000 |
| 2009 | -- | $254,000 -6.5% |
| 2007 | -- | $271,800 +17.6% |
| 2006 | -- | $231,200 +4.8% |
| 2005 | -- | $220,600 |
Find assessor info on the county website
Neighborhood: 46356
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Nearby schools
GreatSchools rating
- 8/10Oak Hill Elementary SchoolGrades: K-4Distance: 3 mi
- 8/10Lowell Middle SchoolGrades: 7-8Distance: 3.9 mi
- 9/10Lowell Senior High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Oak Hill Elementary
- Middle: Lowell Middle School
- High: Lowell Senior 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
$522,500
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Estimated market value
$522,500
- Indiana
- Lake County
- Lowell
- 46356
- 16040 Morse St
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