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6742 West 157th Lane

6742 West 157th Lane, Lowell, IN 46356
Property in Cedar Creek
Sold Aug 13, 2021
$315,300
$252,200 by Peoples Bank
Mortgage Due Sep 01, 2051
Sold Jan 28, 2005
$33,700
$26,980 by Option One Mortgage Corp
Mortgage Due Feb 01, 2035
6742 West 157th Lane in Lowell, IN was first built in 2004 and is 20 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 6742 West 157th Lane has 1,379 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 10,400 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 418 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 6742 West 157th Lane sold most recently in Aug 13, 2021 for a total of $315,300. If you work out the math, that's approximately a cost of $175.46 per sqft. Before that, the property was also sold for $33,700 in Jan 24, 2005. 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 $1,901 in taxes each year. 6742 West 157th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $229,100. If we break it down further, the land itself was valued at $51,500. Improvements to the property, however, were assessed at a total of $177,600. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,797
  • Gross Building Area: 1,797
  • Building Area: 1,379
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,379
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WESTDALE ESTATES UNIT NO. 4
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WESTDALE ESTATES UNIT NO. 4 LOT 83

Ownership

  • Current Owner : REESE KEVIN ANTHONY
  • Current Owner 2: LONG EMILY KALE
  • Previous Owner : MILLER ARTHUR
  • Previous Owner 2: MILLER PATRICIA
  • Owner Before Previous Owner: WELLWERTS ANDREW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Tri-Creek School Corporation
  • Census Tract: 043405

Zoning

  • Zoning: R33

Geography

  • Assessors Map Reference: MP B03-289 15
  • District: 0002
  • Section: 11
  • Parcel: 45-19-11-203-012.000-007
  • Lot: 83
  • Municipality: CEDAR CREEK TOWNSHIP
  • Latitude: 41.3325
  • Longitude: -87.4166

    Address

  • Full Address: 6742 W 157th Ln
  • Address - House Number: 6742
  • Street Direction: W
  • Address - Street Name: 157th
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Lowell
  • Carrier Code: C004
  • 4-Digit Zip Code: 1273
  • Zip Code: 46356

Valuation

    Tax

  • Total Area: 1,379
  • Tax Year: 2022
  • Tax Amount: $1,901
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 332,835
  • High Value: 410,353
  • Low Value: 255,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,200
  • First Open Lien Mortgage Lender: PEOPLES BANK
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $252,200
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $229,100
  • Market Land Value: $51,500
  • Market Improvement Value: $177,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,100
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $177,600

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11850830361
  • Current Sale Price: $315,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-522906
  • Previous Sale Recording Date: Jan 28, 2005
  • Previous Sale Contract Date: Jan 24, 2005
  • Previous Sale Amount: $33,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $252,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 28, 2005
  • Previous Mortgage Loan Amount: $26,980
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6742 West 157th Lane located in?
The 6742 West 157th Lane is a located in the neighborhood of Cedar Creek in Lake, Lowell.
What is the average sales price for listings in 6742 West 157th Lane?
The average sales price for units in 6742 West 157th Lane is $0 currently.

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