7308 W 138th Lane, Cedar Lake, IN 46303

$62,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 760 Lot Size (sq. ft.): 14,280 Status: Closed
Current Price: $62,000 List Date: 4/04/2025 Last Modified: 5/07/2025

Overview

Description

INVESTORS & RE-HABBERS...2 BEDRM 1 BATH PROJECT SITTING ON A LARGE 84 X 130 FOOT PRIME BUILDING LOT...A DEMO & NEW CONTRUCTION IS A GREAT OPION AS WELL...THERE IS A POSSIBLLITY HERE OF BUILDING 2 NEW UNITS...WALKING DISTANCE TO PUBLIC BEACH AREA, PUBLIC PIER, FISHING, CEDAR LAKE MUSEUM, LIGHTHOUSE RESTAURANT AND 14 ACRES OF PUBLIC LAKEFRONT PARK AREA...THIS IS A GREAT AREA CLOSE TO SHOPPING, DINING AND EVERYTHING Y0U NEED...1 MILE TO 400 ACRE LEMON LAKE COUNTY PARK...THIS COULD BE A GREAT AIRBNB FOR CEDAR LAKE THAT ALSO SERVICES LIGHTHOUSE BANQUET & WEDDING TRAFFIC.

Listing Details MLS# 814118

General Property Information

New Construction YN
No
Bedrooms Total
2
Bathrooms Full
Yes
Bathrooms Total
Yes
Above Grade Finished Area
760
Above Grade Unfinished Area
760
Living Area
760
Year Built
1922
Garage YN
No
Lot Size Acres
0.3278
Lot Size Square Feet
14280
Lot Size Source
Assessor
Lot Size Dimensions
84 X 130
Association YN
No
Waterfront YN
No
Basement YN
No
Fireplace YN
No
Bathrooms Half
0
Bathrooms Three Quarter
0
Rooms Total
0
Below Grade Finished Area
0

Property Features

Appliances: None Community Features: Restaurant Cooling: None Electric: Other Exterior Features: None Fencing: None Flooring: None Heating: None Interior Features: None Laundry Features: None Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash Lock Box Information: SentriLock Lot Features: Other Parking Features: Off Street Possession: Close Of Escrow Sewer: Public Sewer View: None Water Source: Well

Contract Information

Original List Price
79900
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
Herrera Alisia
Occupant Type
Vacant
Limited Purchase Contingency
No

Location Tax and Legal

Street Number
7308
Street Direction Prefix
W
Street Name
138th
Street Suffix
Lane
County
Lake
State
IN
Postal Code
46303
Subdivision Name
Binyons Add

Remarks and Miscellaneous

Public Remarks
INVESTORS & RE-HABBERS...2 BEDRM 1 BATH PROJECT SITTING ON A LARGE 84 X 130 FOOT PRIME BUILDING LOT...A DEMO & NEW CONTRUCTION IS A GREAT OPION AS WELL...THERE IS A POSSIBLLITY HERE OF BUILDING 2 NEW UNITS...WALKING DISTANCE TO PUBLIC BEACH AREA, PUBLIC PIER, FISHING, CEDAR LAKE MUSEUM, LIGHTHOUSE RESTAURANT AND 14 ACRES OF PUBLIC LAKEFRONT PARK AREA...THIS IS A GREAT AREA CLOSE TO SHOPPING, DINING AND EVERYTHING Y0U NEED...1 MILE TO 400 ACRE LEMON LAKE COUNTY PARK...THIS COULD BE A GREAT AIRBNB FOR CEDAR LAKE THAT ALSO SERVICES LIGHTHOUSE BANQUET & WEDDING TRAFFIC.

Status Change Information

Major Change Timestamp
2025-05-07T17:08:54Z
Major Change Type
Status Change
Price Change Timestamp
2025-04-04T20:04:37Z
Status Change Timestamp
2025-05-07
Offer Acceptance Date
2025-04-13
Close Date
2025-05-07
Close Price
62000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
No

Square Footage Information

Main Level Finished SqFt
760
Upper Level Finished SqFt
0
Lower Level Finished SqFt
0

Location, Tax, and Legal

Tax Annual Amount
1606
Tax Year
2023
Tax Assessed Value
72800
Tax Legal Description
BINYON'S ADD. BL.1 E.10FT OF LOT 44 ALL OF LOTS 45,46,47 & 48
Parcel Number
451526328049000043
Township
Center
Directions
MORSE / 138TH LANE WEST
Census Tract
432.01

Appliances

None
Yes

Community Features

Restaurant
Yes

Cooling

None
Yes

Electric

Other
Yes

Exterior Features

None
Yes

Fencing

None
Yes

Flooring

None
Yes

Heating

None
Yes

Interior Features

None
Yes

Laundry Features

None
Yes

Levels

1-Sty/Ranch/Bungalow
Yes

Listing Terms

Cash
Yes

Lock Box Information

SentriLock
Yes

Lot Features

Other
Yes

Parking Features

Off Street
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

View

None
Yes

Water Source

Well
Yes
Listing Office: BHHS Executive Realty
Last Updated: May - 07 - 2025
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