8602 W 131st Avenue, Cedar Lake, IN 46303 (MLS# 815227)

8602 W 131st Avenue, Cedar Lake, IN 46303

$455,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,870 Lot Size (sq. ft.): 2,396 Status: Closed

Current Price: $455,000 List Date: 1/22/2025 Last Modified: 3/11/2025

Overview

Description

Have you ever considered owning an Air BNB? Here is your opportunity to enjoy lake living and/or create some passive income simultaneously! This beautiful two-story plus lower-level walkout offers plenty of room for everyone. The lower level offers a custom wet bar/family room, bedroom, and bathroom. Make your way up to this stunning main level and enjoy the huge front room with a kitchen that will accommodate any occasion with its double pantry and coffee and wine bar. Remember the amazing, picturesque view from the large windows before you walk out to the newly built deck in the back, waiting to entertain. Now, follow the beautiful wide oak stairway to the top level. Whether you are ending the night or starting your day, you'll love the view from the top deck. Your master room awaits you with its walkout access to the deck and a fabulous bathroom with a double vanity, double shower, and private toilet room. This home was custom-designed and renovated from top to bottom, with a new ro ... (Read more)

Listing Details MLS# 815227

General Property Information

New Construction YN: No
Bedrooms Total: 5
Bathrooms Full: 2
Bathrooms Three Quarter: 2
Bathrooms Total: 4
Rooms Total: 10
Accessibility Features YN: No
Above Grade Finished Area: 1946
Below Grade Finished Area: 924
Living Area: 2870
Year Built: 1929
Garage YN: No
Lot Size Acres: 0.055
Lot Size Square Feet: 2396
Lot Size Source: Assessor
Lot Size Dimensions: 60x 80
Association YN: No
Waterfront YN: No
Basement YN: Yes
Fireplace YN: No
Senior Community YN: No
Bathrooms Half: 0
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0

Property Features

Appliances: Bar Fridge; Dishwasher; Free-Standing Refrigerator; Gas Range; Ice Maker; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Smart Appliance(s); Vented Exhaust Fan; Warming Drawer; Water Purifier Rented; Water Softener Rented; Wine Refrigerator Architectural Style: A-Frame Basement: Sump Pump; Walk-Out Access Community Features: None Construction Materials: Concrete; Stone; Vinyl Siding Cooling: Central Air Electric: 100 Amp Service Exterior Features: None Fencing: None Flooring: Ceramic Tile; Luxury Vinyl Foundation Details: Concrete Perimeter Frontage Type: See Remarks Heating: Forced Air; Natural Gas Interior Features: Bar; Ceiling Fan(s); Open Floorplan; Pantry; Recessed Lighting Levels: 3-Sty or more Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: SentriLock Lot Features: Views; See Remarks Other Equipment: None Other Structures: Shed(s) Parking Features: Asphalt; Driveway Pool Features: None Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Security Features: See Remarks Sewer: Public Sewer Structure Type: House Utilities: Natural Gas Available View: Water Water Source: Well Window Features: ENERGY STAR Qualified Windows Showing Requirements: Showing Service Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bonus Room; Family Room; Kitchen; Living Room; Loft; Primary Bedroom

Contract Information

Original List Price: 445000
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: 8602
Street Direction Prefix: W
Street Name: 131st
Street Suffix: Avenue
County: Lake
State: IN
Postal Code: 46303
Subdivision Name: Meyer Manor Fourth

Remarks and Miscellaneous

Public Remarks: Have you ever considered owning an Air BNB? Here is your opportunity to enjoy lake living and/or create some passive income simultaneously! This beautiful two-story plus lower-level walkout offers plenty of room for everyone. The lower level offers a custom wet bar/family room, bedroom, and bathroom. Make your way up to this stunning main level and enjoy the huge front room with a kitchen that will accommodate any occasion with its double pantry and coffee and wine bar. Remember the amazing, picturesque view from the large windows before you walk out to the newly built deck in the back, waiting to entertain. Now, follow the beautiful wide oak stairway to the top level. Whether you are ending the night or starting your day, you'll love the view from the top deck. Your master room awaits you with its walkout access to the deck and a fabulous bathroom with a double vanity, double shower, and private toilet room. This home was custom-designed and renovated from top to bottom, with a new roof, siding, windows, doors, electrical, plumbing, and a 2-zone furnace. Take in the ambiance of all the light features and enjoy the night light mode. Be at ease with Lifeproof vinyl flooring, porcelain tiles, and energy-efficient appliances. The backsplash and color scheme were carefully selected to complement the style of this home. Conveniently located just minutes away from shops, restaurants, and boat parking. Your oasis is calling, answer it before someone else does!

Status Change Information

Major Change Timestamp: 2025-03-11T02:35:31Z
Major Change Type: Status Change
Price Change Timestamp: 2025-02-11T06:17:58Z
Status Change Timestamp: 2025-03-10
Offer Acceptance Date: 2025-02-12
Close Date: 2025-03-10
Close Price: 455000
Concessions: No
Buyer Financing: Conventional

More Information

Bathroom Totals

Basement 3/4: Yes
Main Full: Yes
Upper 3/4: Yes
Upper Full: Yes

Exemption Information

Exemption YN: Yes
Exemptions: homestead/supplemenl

Square Footage Information

Upper Level Finished SqFt: 1012
Main Level Finished SqFt: 934
Basement Level Finished SqFt: 924
Lower Level Finished SqFt: 0

Showing Requirements

Showing Instructions: Lock box on railing, please use shoe cover, please make sure to lock all door when leaving
Showing Service: Yes

Room Types

Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Lower
Bonus Room Level: Main
Family Room Level: Lower
Kitchen Level: Main
Living Room Level: Main
Loft Level: Upper
Primary Bedroom Level: Upper
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bedroom 5: Yes
Bonus Room: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Loft: Yes
Primary Bedroom: Yes

Location, Tax, and Legal

Tax Annual Amount: 2439.46
Tax Year: 2023
Tax Legal Description: MEYER MANOR 4TH L.11 BL.3
Parcel Number: 451522409008000014
Additional Parcels YN: Yes
Additional Parcels Description: 45-15-22-409-009-.000-014
Zoning Description: Residential
Township: Hanover
Directions: From Lake Short drive turn into 131st Ave home will be on the left
Cross Street: Lake Shore Dr
Census Tract: 429.01

Appliances

Bar Fridge: Yes
Dishwasher: Yes
Free-Standing Refrigerator: Yes
Gas Range: Yes
Ice Maker: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Smart Appliance(s): Yes
Vented Exhaust Fan: Yes
Warming Drawer: Yes
Water Purifier Rented: Yes
Water Softener Rented: Yes
Wine Refrigerator: Yes

Architectural Style

A-Frame: Yes

Basement

Sump Pump: Yes
Walk-Out Access: Yes

Community Features

None: Yes

Construction Materials

Concrete: Yes
Stone: Yes
Vinyl Siding: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes

Exterior Features

None: Yes

Fencing

None: Yes

Flooring

Ceramic Tile: Yes
Luxury Vinyl: Yes

Foundation Details

Concrete Perimeter: Yes

Frontage Type

See Remarks: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Bar: Yes
Ceiling Fan(s): Yes
Open Floorplan: Yes
Pantry: Yes
Recessed Lighting: Yes

Levels

3-Sty or more: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Views: Yes
See Remarks: Yes

Other Equipment

None: Yes

Other Structures

Shed(s): Yes

Parking Features

Asphalt: Yes
Driveway: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Property Condition

Updated/Remodeled: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Security Features

See Remarks: Yes

Sewer

Public Sewer: Yes

Structure Type

House: Yes

Utilities

Natural Gas Available: Yes

View

Water: Yes

Water Source

Well: Yes

Window Features

ENERGY STAR Qualified Windows: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Living Room	Main	19.00	17.00	open concept
Kitchen	Main	24.00	11.00
Bonus Room	Main	9.00	7.00	coffee/ beverage bar next to kitchen
Primary Bedroom	Upper	13.00	11.00
Bedroom 2	Upper	17.00	9.00
Bedroom 3	Upper	11.00	10.00
Bedroom 4	Upper	10.00	9.00
Bedroom 5	Lower	14.00	8.00
Loft	Upper	8.00	11.00
Family Room	Lower	17.00	18.00

Listing Office: Homes on Demand Realty

Last Updated: March - 11 - 2025

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