Single-Family Residence with 2-Car
14486 Clover Avenue Cedar Lake, IN 46303
14486 Clover Avenue, Cedar Lake, IN, 46303
$302,900
For Sale
$302,900
SINGLE_FAMILY - Cedar Lake, IN
Property Size1,726 SF
Lot Size0.13 Acres
Price / SF$175.49
Days on Market40
Property Features for 14486 Clover Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Laundry Room, Bathroom 1, Dining Room
- Parking features
- Driveway, Open, Garage, Off Street
- Window features
- Blinds, Insulated Windows
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Recessed Lighting, Pantry, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen, Entrance Foyer, Double Vanity
- Exterior features
- Lighting, Rain Gutters
- Appliances
- Dryer, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 451533254040000014
- Size
- 1,726 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ROSE GARDEN ESTATES P.U.D PHASE 3 LOT 205-1
- Tax Annual Amount
- 3108
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
Listing Agency
McColly Real Estate
(219) 374-2121
13211 Wicker Ave., Schererville, IN
Listed by
Robert Showalter
(708) 997-2211
Added: Jun 9 Checked: Jul 18 at 8:06 am
MLS# 840467
Listing URL
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-family residence features an open floorplan with luxury resilient vinyl flooring and a kitchen designed for entertaining. The kitchen includes a center island with eating space, white quartz counters, stainless steel appliances, pantry storage, and a broom closet, along with an office nook. Dining space opens to a covered outdoor patio, and the large living room provides access to the back patio. The primary suite offers an ensuite bath with double sinks, an oversized shower, and a large walk-in closet. The home also includes a second bedroom, main bath, laundry with a water softener, a furnace/utility room, and an attached 2-car garage with a door opener.
Located at 14486 Clover Avenue in Cedar Lake, Indiana, the property is part of a newer community where association dues cover lawn maintenance and snow removal. Community amenities include a clubhouse and pool, a picnic park area, and a pond with walking paths, and the lake is described as an all-sport recreational lake just blocks away.
Additional smart home features include a video doorbell, a smart front door lock, and a smart thermostat.
Located at 14486 Clover Avenue in Cedar Lake, Indiana, the property is part of a newer community where association dues cover lawn maintenance and snow removal. Community amenities include a clubhouse and pool, a picnic park area, and a pond with walking paths, and the lake is described as an all-sport recreational lake just blocks away.
Additional smart home features include a video doorbell, a smart front door lock, and a smart thermostat.
Key Highlights
- Built in 2022 with an open floorplan featuring high ceilings, recessed lighting, and ceiling fans
- Kitchen with center island, eat‑in dining area, pantry, stone counters, and stainless steel appliances including gas range
- Primary suite includes a walk‑in closet and ensuite bath with double vanity and oversized shower
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $15.00 |
| − Vacancy | −$1.4k | −$0.80 |
| EGI | $24.5k | $14.20 |
| − OpEx | −$7.4k | −$4.26 |
| NOI | $17.2k | $9.94 |
1,726 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.1K
$214.5K – $286.0K
NOI $17,159 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$218.1K
$190.9K – $254.5K
NOI $15,270 @ 7.0% cap · market cap 5.04%
Theoretical Best
Specialty Retail
$481.8K
$421.6K – $562.1K
NOI $33,728 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Open floorplan home with a covered patio and attached 2-car garage, plus smart home features and community amenities.
Where is this duplex located?
The property is located at 14486 Clover Avenue Cedar Lake, IN.
What is the asking price?
The asking price for this property is $302,900.
What are key features of this property?
This property features: Built in 2022 with an open floorplan featuring high ceilings, recessed lighting, and ceiling fans; Kitchen with center island, eat‑in dining area, pantry, stone counters, and stainless steel appliances including gas range; Primary suite includes a walk‑in closet and ensuite bath with double vanity and oversized shower
