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Ranch-Style Single-Family Home

10016 Wildwood Lane Highland, IN 46322

10016 Wildwood Lane, Highland, IN, 46322
$330,000
Pending
For Sale
$330,000
Pending

SINGLE_FAMILY - Highland, IN

Property Size1,804 SF
Lot Size0.16 Acres
Days on Market43

Property Features for 10016 Wildwood Lane

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Dining Room
Parking features
Garage, Open
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Walk-In Closet(s), Recessed Lighting, Open Floorplan, Ceiling Fan(s)
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Standard status
Pending
APN
450732252017000026
Size
1,804 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
WHITE OAK ESTATES OF HIGHLAND BLOCK 5 S1/2 LOT 3
Tax Annual Amount
2885

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Central
Water source
Public

Building Details

Year built
1998
Floors in Building
2
Listing Agency McColly Real Estate
850 Deer Creek Dr, Schererville, IN
Listed by Kimberly Seitzinger
Added: Jun 8 Updated: Jul 18 at 1:45 am Checked: Jul 20 at 11:06 pm
MLS# 840314 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.

Brick ranch-style single-family home featuring two bedrooms and two bathrooms, with all main living areas arranged on one level. The layout includes a living room, dining room, kitchen, and bedrooms and bathrooms all on the same level for day-to-day convenience. An upstairs bonus room (420 square feet) adds flexible space for entertainment, an office, a den, guest sleeping, or a craft area.

The home is set in a quiet neighborhood and is described as conveniently located near parks, shopping, medical facilities, South Shore train station for commuting, and restaurants.

HOA amenities include lawn maintenance and snow removal, supporting a low-maintenance lifestyle.

Key Highlights

  • 1998‑built brick ranch with 2 bedrooms and 2 bathrooms on one level
  • 420 sq ft bonus room upstairs—flex space for office, den, entertainment, or additional sleeping area
  • Open floorplan with cathedral ceilings, recessed lighting, and ceiling fans

Local Financial Insights For Apartment 5plus

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 $21.6k $12.00
− Vacancy −$1.3k −$0.72
EGI $20.3k $11.28
− OpEx −$9.2k −$5.08
NOI $11.2k $6.20
1,804 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$159.9K
$139.9K – $186.5K (±1% cap)
NOI $11,192 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.2K
$279.3K – $372.4K (±1% cap)
NOI $22,341 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Grocery & Convenience Store Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Locksmith Electrical Service Kitchen & Bath Showroom Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Brick ranch offers two bedrooms, two baths, and an upstairs bonus room, with HOA-managed lawn care and snow removal.
Where is this single family property located?
The property is located at 10016 Wildwood Lane Highland, IN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1998‑built brick ranch with 2 bedrooms and 2 bathrooms on one level; 420 sq ft bonus room upstairs—flex space for office, den, entertainment, or additional sleeping area; Open floorplan with cathedral ceilings, recessed lighting, and ceiling fans
Contact an agent
More about this property
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