7316 W 140th Place Cedar Lake, IN $ 265,000
7316 W 140th Place
$ 265,000
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7316 W 140th Place

Cedar Lake, IN, 46303
$ 265,000
Bedrooms8 Baths0.0 Sq 3,240

Monthly Estimate*

$ 1,653

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Single Family Home for sale in Cedar Lake, IN

for $265,000 with 8 bedrooms. This 3,240 square foot home was built in 1957 on a lot size of 0.4316.

Investor's Dream in Cedar Lake, Indiana - A True Blank Canvas with Major Upgrades Already Done!Welcome to this fantastic opportunity in the heart of Cedar Lake! Whether you're an investor, looking for a cozy weekend retreat, a potential Airbnb rental, or even a future permanent residence, this home offers incredible flexibility and value.This property is a genuine blank canvas -- the interior has been stripped down to the studs, giving you a rare chance to customize every detail exactly to your taste. The best part? Many of the costly, foundational upgrades have already been completed, making your renovation project smoother and more affordable. You'll find a brand-new roof and half of the new siding installed (the seller will leave the remaining green siding for you to finish), all-new electrical wiring, two brand-new air conditioning units, fresh ductwork, energy-efficient new windows, and stylish new front and sliding back doors.The former garage has been converted into additional bedrooms, but if you prefer, it can easily be reframed back into a garage -- giving you great versatility depending on your needs.Located within the award-winning Crown Point School District, this home combines the charm of small-town Cedar Lake living with top-tier education options, making it an excellent investment for families or rental property seekers.Please note, this property requires cash financing, making it ideal for investors or buyers ready to jump into a rewarding renovation.Don't miss out on this unique chance to shape your dream home or income property in a wonderful community. Schedule your showing today and imagine all the possibilities!

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Single Family Active

Price

$ 265,000

Bedrooms

8

Property Type

Single Family

Taxes

$ 2,767

Style

Single Family Residence

Lot Size

0.4316

Year Built

1957

Town/City

Cedar Lake

County/Region

Lake

MLS | Web ID

820979

Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 3240
Half Baths 0
3/4 Baths 0
Total Bedrooms 8
Room Type Bedroom 2 Primary Bedroom Other Room Kitchen Dining Room Bedroom 6 Bedroom 5 Bedroom 4 Bedroom 3
Total Baths 0
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Available Sewer Connected Water Available Natural Gas Available Electricity Connected
Appliances None
Pool Features None
Year Built 1957
Electric 200+ Amp Service Circuit Breakers
View Neighborhood Trees/Woods
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name C N Straights Sub
Garage Y/N N
Total Rooms 10
Full Baths 0
Status Active
Directions Morse south to 140th Pl - right on 140th Pl. Home is first house on the right.
High School Crown Point High School
City Cedar Lake
High School District Crown Point
Zoning Description residential
Lot Size Square Feet 18800
Listing Terms Cash
Elementary School Douglas MacArthur Elementary Sch
Property Attached Y/N N
Tax Annual Amount 2767
Middle/Junior High School Colonel John Wheeler Middle School
Property Condition Fixer
Standard Status Active
Tax Assessed Value 253300
Legal Description CHAS. N. STRAIGHT'S SUBDIV. BL.1 LOTS 10 & 11
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Exterior
Exterior Amenities Private Yard Storage
Parking Features Driveway Gravel
Lot Features Back Yard Wooded Front Yard
Water Source Well
Lot Size Acres 0.4316
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Jason Moon

Listing Agent

Trueblood Real Estate, Llc

Broker

jason@jasonmoonrealtygroup.com

Email

Affordability Calculator

$1,884
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,653
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4320269 Elementary School
4030913 Middle School
Crown Point High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2025$265,000 -3.64% Price Down
5/18/2025$275,000 Listed Price

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7316 W 140th Place, Cedar Lake, IN, 46303 is a Single Family Home for sale at $265,000 with 3,240 sqft and a lot size of 0.4316. 7316 W 140th Place has 8 bedrooms, 0.0 baths, and was built in 1957. The property's zip code is 46303 which is in Cedar Lake, IN