Closed

$290,000

8723 W 139th Ct, Cedar Lake, IN 46303

5beds

2,212sqft

Triplex

Built in 1925

-- sqft lot

$342,600 Zestimate^®

$131/sqft

$1,765 Estimated rent

Home value

$342,600

$315,000 - $370,000

$1,765/mo

Zestimate^® history

Owner options

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$1,765/mo

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$1,765/mo

Rent Zestimate^®

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$1,814/mo

Est. payment

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$1,814/mo

Est. payment

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What's special

Veggie gardenMature treesGreat neighborhood

3 HOMES on 1 property and 1 tax bill!! Looking for an investment with great potential income or a multi related living opportunity?? Look no further!! 3 units, 2- 2 Bedroom 1 Bathroom and 1- 1 Bedroom 1 Bathroom. All homes in the last 5 years have had many exterior and interior renovations. Tenants pay for gas and electric. Owner pays for lease of water softener, salt and sewer/trash bill. 1 well and 1 water softener in main home (8723) supplies all 3 homes. Property has been maintained well, wait till you see the back yard! Perennials, pond, veggie garden and mature trees. Its truly an oasis, so serene and quiet. Great neighborhood and a short walk to the lake. Hanover School System

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Appliances

Included: Dryer, Range, Refrigerator, Washer
Laundry: In Unit, Other

Features

Elevator
Basement: Crawl Space,Partial,Sump Pump
Has fireplace: Yes

Interior area

Total structure area: 2,212
Total interior livable area: 2,212 sqft

Property

Parking

Total spaces: 5
Parking features: None, Other

Features

Patio & porch: Porch
Frontage length: 87

Lot

Size: 0.26 Acres
Dimensions: 87 x 129

Details

Parcel number: 451527458002000014
Special conditions: Agent Owned

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Condition

New construction: No
Year built: 1925

Utilities & green energy

Water: Well
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Community & HOA

Community

Subdivision: Summerdale

Location

Region: Cedar Lake

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $335,000
Annual tax amount: $5,930
Date on market: 2/28/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Lease Option
Lease term: Month To Month
Total actual rent: 0
Road surface type: Asphalt

Price history

Date	Event	Price
11/6/2023	Sold	$290,000-14.7%$131/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
9/21/2023	Price change	$339,999-5.6%$154/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
8/27/2023	Price change	$359,999-5.3%$163/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
7/17/2023	Price change	$379,999-2.6%$172/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
6/26/2023	Price change	$389,999-2.3%$176/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
5/31/2023	Price change	$399,000-3.9%$180/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
5/20/2023	Listed for sale	$415,000+124.3%$188/sqft
Source: NIRA as distributed by MLS GRID #530689 Report a problem
7/15/2019	Sold	$185,000$84/sqft
Source: NIRA as distributed by MLS GRID #456867 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,930 +9.7%	$335,000 +21.4%
2024	$5,406 +2.2%	$276,000 +16.8%
2023	$5,292 +16%	$236,400 +6.3%
2022	$4,563 +3.8%	$222,300 +6.9%
2021	$4,395 +22.4%	$208,000 +8.8%
2020	$3,592 -2.8%	$191,100 +21.9%
2019	$3,697 -4.8%	$156,800 +4.1%
2018	$3,883 +181.9%	$150,600 +1.7%
2017	$1,377	$148,100 +13.2%
2016	$1,377 +12.9%	$130,800 +4.2%
2014	$1,220 +53.1%	$125,500 +6.4%
2013	$797 -9.2%	$117,900 -8.2%
2010	$877	$128,400 -3.7%
2007	--	$133,300 +11.2%
2006	--	$119,900
2005	--	$119,900