See Home Value
Long Lake 60041
35481 N Indian Lane
$132,000
● House - Off Market

35481 N Indian Lane

Ingleside, IL 60041
bedrooms
2 Beds
bathrooms
1 Bath
$924
Est. Monthly
15.12%
Cap Rate

About This Property

Grab your tools and your handy expertise to discover the potential of this charming 2-bedroom, 1-bathroom ranch, perfectly situated on a peaceful waterfront channel with excellent fishing. This property offers an huge investment opportunity for those looking to expand their portfolio or create the ideal vacation retreat. The home features a spacious living and dining room area, perfect for relaxation or entertaining guests. Adjacent to the living spaces, you'll find two comfortable bedrooms and a full bathroom, providing convenience and privacy. The cozy kitchen, with ample storage and counter space, leads directly to a charming screened porch-an ideal spot for enjoying morning coffee or evening breezes while overlooking the water. The private backyard offers direct access to the channel, making it a haven for boating enthusiasts and nature lovers alike. With its prime location and flexible layout, this waterfront ranch is ready for your vision. Furnace is not functioning. Well warranted as-is. CASH ONLY. Whether you choose to renovate, rent, or simply enjoy as-is, this property is brimming with potential. Don't miss out on this exceptional investment opportunity!
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12154981)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Sold
Oct 10, 2024 In contract -
In contract
Sep 21, 2024 Price Decreased $140,000
↓ $10K (6.7%)
Price Decreased
Sep 6, 2024 Listed by Keller Williams Success Realty $150,000
Listed by Keller Williams Success Realty

Property Highlights


Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,973
  • Total Building Area: 756
  • Gross Building Area: 966
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILSONS 2ND. SUBDN.
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WILSONS 2ND. SUBDN. LOT 7

Neighborhood

  • School District Name: Grant Community High School District 124
  • Census Tract: 860905

Geography

  • Assessors Map Reference: 2473-E6
  • District: GRANT
  • Parcel: 05-14-402-002
  • Lot: 7
  • Municipality: TWP OF GRANT
  • Latitude: 42.3793
  • Longitude: -88.1416

    Address

  • Full Address: 35481 N Indian Ln
  • Address - House Number: 35481
  • Street Direction: N
  • Address - Street Name: Indian
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ingleside
  • Carrier Code: R086
  • 4-Digit Zip Code: 9689
  • Zip Code: 60041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $283,540
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 6007

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 148,812
  • High Value: 175,800
  • Low Value: 121,823

    Market Valuation

  • Market Total Value: $110,765
  • Market Land Value: $35,908
  • Market Improvement Value: $74,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,918
  • Assessed Land Value: $11,968
  • Assessed Improvements Value: $24,950

    Sales

  • Current Sale Contract Date: Aug 26, 2011
  • Current Sale Recording Date: Sep 07, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6764565
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Long Lake


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Frequently Asked Questions

When was property at 35481 North Indian Lane built and last sold?
The property at 35481 North Indian Lane was built in 1925 and last sold on Aug 26, 2011 for $50,000.
How much is this home worth?
The estimated value of the home located at 35481 North Indian Lane is $0.
What are some comparable homes to 35481 North Indian Lane?
There are currently no comparable homes to 35481 North Indian Lane.