Quality Ranch Villa with Full
10312 W 133rd Place Cedar Lake, IN 46303
New
10312 W 133rd Place, Cedar Lake, IN, 46303
$429,900
For Sale
$429,900
SINGLE_FAMILY - Cedar Lake, IN
Property Size1,778 SF
Lot Size0.11 Acres
Price / SF$241.79
Days on Market2
Property Features for 10312 W 133rd Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 3, Kitchen, Laundry Room, Basement, Bathroom 2, Bedroom 2
- Parking features
- Driveway, Garage, Open
- Patio and Porch features
- Patio, Porch
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Open Floorplan, Kitchen Island, Eat-in Kitchen, Entrance Foyer
- Basement
- Interior Entry
- Appliances
- Disposal, Water Softener Owned, Refrigerator, Microwave, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 451528204004000014
- Size
- 1,778 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUMMER WINDS UNIT 1 PT. OF LOT 22 (10312 W 133RD PL)
- Tax Annual Amount
- 31
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
Listing Agency
Keller Williams Preferred Real
(708) 798-1111
16101 108th Ave, Schererville, IN
Listed by
Tiffany Dowling · License #RB14050408
(219) 808-7584
Added: Jul 17 Checked: Jul 18 at 7:06 am
MLS# 842470
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.
Quality-built ranch-style paired villa offers an open-concept layout with a spacious great room that flows into the kitchen and dining area. The home includes 3 bedrooms and 2 bathrooms, with an upgraded primary suite. The kitchen features white soft-close cabinetry, quartz countertops, stainless appliances that stay, and an oversized eat-in island.
The property includes professionally landscaped grounds with fresh sod, new plantings, and a low-maintenance exterior. A full unfinished basement provides additional flexibility, with an egress window and rough-in plumbing for a future bathroom.
Located in Cedar Lake, IN, near the lake per the seller’s remarks, this home presents a ranch configuration designed for comfortable one-level living with basement expansion potential.
The property includes professionally landscaped grounds with fresh sod, new plantings, and a low-maintenance exterior. A full unfinished basement provides additional flexibility, with an egress window and rough-in plumbing for a future bathroom.
Located in Cedar Lake, IN, near the lake per the seller’s remarks, this home presents a ranch configuration designed for comfortable one-level living with basement expansion potential.
Key Highlights
- Under construction, 2026‑built 3‑bedroom, 2‑bath ranch‑style paired villa
- Open floorplan with great room, kitchen island, eat‑in kitchen, and ceiling fans
- Stone counters and kitchen includes refrigerator, microwave, gas range, and dishwasher
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 | $30.3k | $17.04 |
| − Vacancy | −$1.7k | −$0.95 |
| EGI | $28.6k | $16.09 |
| − OpEx | −$12.9k | −$7.24 |
| NOI | $15.7k | $8.85 |
1,778 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$224.7K
$196.6K – $262.2K
NOI $15,730 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$496.3K
$434.3K – $579.1K
NOI $34,744 @ 7.0% cap · market cap 8.08%
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
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Turnkey ranch-style home with 3 bedrooms, 2 baths, an open-concept living area, and a full unfinished basement.
Where is this single family property located?
The property is located at 10312 W 133rd Place Cedar Lake, IN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Under construction, 2026‑built 3‑bedroom, 2‑bath ranch‑style paired villa; Open floorplan with great room, kitchen island, eat‑in kitchen, and ceiling fans; Stone counters and kitchen includes refrigerator, microwave, gas range, and dishwasher
