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14124 Heritage Way

14124 Heritage Way, Cedar Lake, IN 46303
Property in Hanover
14124 Heritage Way has been categorized by the local assessors in Cedar Lake, IN as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 14124 Heritage Way has 1,762 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,370 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 6,302 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14124 Heritage Way sold most recently in Mar 15, 2021 for a total of $315,400. If you work out the math, that's approximately a cost of $143.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,590 in taxes each year. 14124 Heritage Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $314,000. If we break it down further, the land itself was valued at $46,900. Improvements to the property, however, were assessed at a total of $267,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Off Street Parking
Open Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201216
12/16/2020
2 Bed
2 Bath
1825 ft²
$269,540
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1825 ft²
$315,400 +17.01%
03/16/2021
Nicole Milford

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,302
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,203
  • Gross Building Area: 2,203
  • Building Area: 1,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSE GARDEN ESTATES P.U.D. PHASE 1
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ROSE GARDEN ESTATES P.U.D. PHASE 1 LOT 227-2

Ownership

  • Current Owner : BUSSON JORDAN SCOTT
  • Previous Owner : LENNAR HOMES OF INDIANA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hanover Community School Corporation
  • Census Tract: 042901

Geography

  • Parcel: 45-15-33-203-042.000-014
  • Lot: 227-2
  • Municipality: HANOVER TOWNSHIP
  • Latitude: 41.363
  • Longitude: -87.4591

    Address

  • Full Address: 14124 Heritage Way
  • Address - House Number: 14124
  • Address - Street Name: Heritage
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Cedar Lake
  • Carrier Code: R012
  • 4-Digit Zip Code: 7297
  • Zip Code: 46303

Valuation

    Tax

  • Total Area: 1,762
  • Tax Year: 2022
  • Tax Amount: $3,590
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 72
  • Final Value: 388,470
  • High Value: 468,795
  • Low Value: 308,146

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $277,722
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $252,340
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051
  • Second Open Lien Mortgage Lender: CENTIER BANK
  • Second Open Lien Mortgage Recording Date: Sep 01, 2022
  • Second Open Lien Mortgage Loan Amount: $25,382
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 23, 2032

    Market Valuation

  • Market Total Value: $314,000
  • Market Land Value: $46,900
  • Market Improvement Value: $267,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000
  • Assessed Land Value: $46,900
  • Assessed Improvements Value: $267,100

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11825432205
  • Current Sale Price: $315,400
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2021-500054

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $252,340
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 14124 Heritage Way located in?
The 14124 Heritage Way is a located in the neighborhood of Hanover in Lake, Cedar Lake.
What is the average sales price for listings in 14124 Heritage Way?
The average sales price for units in 14124 Heritage Way is $267,340 , or $146/sqft. currently.

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