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    • $249,900

    427 E Commercial Ave, Lowell, IN 46356

    3beds
    2,756sqft
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    Single Family Residence
    Built in 1865
    10,323 Square Feet Lot
    $-- Zestimate®
    $91/sqft
    $-- HOA

    What's special

    Stunning historic bacon mansionThree fireplacesCommercial kitchenSpacious bedroomsExquisite woodworkLarge light-filled windowsIntricate period details
    Motivated seller! Will consider all offers. Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell's Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence, a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the home showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardwoods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious bedrooms, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property's story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell's past--while shaping its future. Being sold As-Is.
    521 days
    |
    1,812
    |
    135
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Perfetti,

    Northwest Indiana Real Estate 219-696-9600,

    Sheree Perfetti,

    Northwest Indiana Real Estate

    Source: NIRA as distributed by MLS GRID,MLS#: 815966MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Other Room, Primary Bedroom, Living Room, Library, Kitchen, Dining Room, Bedroom 3, Bedroom 2
      Primary bedroom
      • Area: 195
      • Dimensions: 13.0 x 15.0
      Bedroom 2
      • Area: 169
      • Dimensions: 13.0 x 13.0
      Bedroom 3
      • Area: 96
      • Dimensions: 8.0 x 12.0
      Bonus room
      • Area: 416
      • Dimensions: 16.0 x 26.0
      Dining room
      • Description: woodburning fireplace
      • Area: 360
      • Dimensions: 15.0 x 24.0
      Kitchen
      • Area: 374
      • Dimensions: 17.0 x 22.0
      Library
      • Description: gas fireplace
      • Area: 240
      • Dimensions: 15.0 x 16.0
      Living room
      • Description: gas fireplace
      • Area: 255
      • Dimensions: 17.0 x 15.0
      Other
      • Description: Shower room (shower & large closet)
      • Area: 96
      • Dimensions: 8.0 x 12.0
      Heating
      • Baseboard, Hot Water
      Appliances
      • Laundry: Gas Dryer Hookup, Washer Hookup
      Features
      • Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, Kitchen Island, High Ceilings, Crown Molding, Ceiling Fan(s)
      • Windows: Bay Window(s)
      • Basement: Crawl Space,Walk-Out Access,Unfinished,Storage Space,Sump Pump
      • Number of fireplaces: 3
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 2,756
      • Total interior livable area: 2,756 sqft
      • Finished area above ground: 2,756

      Property

      Parking
      • Parking features: Additional Parking, Paved, On Street
      Features
      • Levels: Two
      • Patio & porch: Front Porch, Rear Porch
      • Exterior features: Private Yard
      • Pool features: None
      • Fencing: Back Yard,Fenced
      • Has view: Yes
      • View description: Neighborhood, Park/Greenbelt
      • Frontage length: 84 feet
      Lot
      • Size: 10,323 Square Feet
      • Dimensions: 84 x 128
      • Features: Back Yard, Landscaped, Front Yard, Corner Lot
      Details
      • Parcel number: 451923452026000008
      • Zoning description: Mixed Use

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Other,Victorian
      • Property subtype: Single Family Residence
      Condition
      • Fixer
      • New construction: No
      • Year built: 1865

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

      Community & HOA

      Community
      • Features: Curbs
      • Security: Fire Alarm
      • Subdivision: Clarks Add
      HOA
      • Has HOA: No
      Location
      • Region: Lowell

      Financial & listing details

      • Price per square foot: $91/sqft
      • Tax assessed value: $318,200
      • Annual tax amount: $2,898
      • Date on market: 2/10/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Other,Conventional
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,719/mo

        Price history

        DateEventPrice
        2/28/2026Listed for sale$249,900$91/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        2/5/2026Pending sale$249,900$91/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        11/5/2025Price change$249,900-16.4%$91/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        8/26/2025Price change$299,000-12.1%$108/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        4/29/2025Price change$340,000-2.9%$123/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        2/10/2025Listed for sale$350,000+19344.4%$127/sqft
        Source: NIRA as distributed by MLS GRID #815966 Report a problem
        10/12/2022Sold$1,800-98.7%$1/sqft
        Source: Public Record Report a problem
        9/29/2005Sold$135,900-0.6%$49/sqft
        Source: NIRA as distributed by MLS GRID #132257 Report a problem
        5/13/2005Sold$136,788$50/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,989 +7%$318,200 +6.5%
        2024$2,794 +5.4%$298,900 +7%
        2023$2,651 +13.1%$279,400 +5.4%
        2022$2,344 +4.5%$265,100 +13.1%
        2021$2,242 +6.1%$234,400 +4.5%
        2020$2,114 -81.3%$224,200 +6.1%
        2019$11,334 -19.4%$211,400 +1.5%
        2018$14,059 +193.3%$208,200 -1.2%
        2017$4,793 $210,800 +4.5%
        2016$4,793 -4.9%$201,700 -5%
        2014$5,039 $212,300 +67%
        2006-- $127,100
        2005-- $127,100
        2004-- $127,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46356

        Getting around

        56 / 100
        Somewhat Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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