14031 Lauerman Street, Cedar Lake, IN 46303

$61,500
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,184 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $61,500 List Date: 12/22/2025 Last Modified: 1/23/2026

Overview

Description

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!

Listing Details MLS# 832089

General Property Information

New Construction YN
No
Bedrooms Total
3
Bathrooms Full
2
Bathrooms Total
2
Rooms Total
5
Accessibility Features YN
No
Above Grade Finished Area
1184
Living Area
1184
Living Area Source
Assessor
Year Built
1939
Garage YN
Yes
Garage Spaces
Yes
Lot Size Acres
0.31
Lot Size Square Feet
13503.6
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
No
Fireplace YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Below Grade Finished Area
0

Property Features

Appliances: Other Cooling: None Heating: None Interior Features: None Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Other Lock Box Information: Combo Lot Features: Front Yard Parking Features: Detached; Garage Faces Front Possession: Close Of Escrow Property Condition: Fixer Sewer: Unknown Special Listing Conditions: None Utilities: Cable Available; Electricity Available; Natural Gas Available View: Rural Water Source: Public Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom

Contract Information

Original List Price
80000
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
No
Occupant Type
Vacant

Location Tax and Legal

Street Number
14031
Street Name
Lauerman
Street Suffix
Street
County
Lake
State
IN
Postal Code
46303
Subdivision Name
NONE

Remarks and Miscellaneous

Public Remarks
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!

Status Change Information

Major Change Timestamp
2026-01-23T23:41:28Z
Major Change Type
Status Change
Price Change Timestamp
2026-01-05T14:14:04Z
Status Change Timestamp
2026-01-23
Offer Acceptance Date
2026-01-18
Close Date
2026-01-23
Close Price
61500
Concessions
No
Buyer Financing
Cash

More Information

Bathroom Totals

Main Full
2

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
1184
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0

Showing Requirements

Showing Instructions
ShowingTime. There is a lockbox on the front door, but door does not always close properly to secure with deadbolt. Please close door as best as possible until a better lock is installed by the seller.

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Kitchen Level
Main
Living Room Level
Main
Primary Bedroom Level
Main
Bedroom 2
Yes
Bedroom 3
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Tax Annual Amount
1271
Tax Year
2024
Tax Legal Description
PT SW. SE. S.27 T.34 R.9 N. 50' OF 146.1 X 100 FT.
Parcel Number
451527458023000014
Additional Parcels YN
Yes
Additional Parcels Description
451527458024000014
Township
Hanover
Directions
Wicker Ave to 141st Ave., go East. 141st Ave. East to Lauerman St., turn left. House is immediately on your right.
Census Tract
429.01

Appliances

Other
Yes

Cooling

None
Yes

Heating

None
Yes

Interior Features

None
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes
Other
Yes

Lock Box Information

Combo
Yes

Lot Features

Front Yard
Yes

Parking Features

Detached
Yes
Garage Faces Front
Yes

Possession

Close Of Escrow
Yes

Property Condition

Fixer
Yes

Sewer

Unknown
Yes

Special Listing Conditions

None
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes

View

Rural
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Primary Bedroom Main 13.00 10.00
Bedroom 2 Main 11.00 11.00
Bedroom 3 Main 11.00 11.00
Kitchen Main 13.00 10.00
Living Room Main 13.00 12.00
Listing Office: Advanced Real Estate, LLC
Last Updated: January - 23 - 2026
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