Duplex Property With Fenced
For Sale
Under Contract
$282,900
10653 Keystone Lane, Crown Point, IN 46307
Residential, Crown Point, IN
Property Size1,581 SF
Lot Size0.13 Acres
Price / SF$178.94
Days on Market49
Property Features for 10653 Keystone Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Dining Room, Bedroom 3, Bedroom 1, Family Room, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Vaulted Ceiling(s), Laminate Counters, Ceiling Fan(s)
Fencing
Fenced
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Subdivision
Country Meadows
Lot features
Back Yard, Front Yard
Elementary school
Winfield Elementary School
Middle school
Robert Taft Middle School
High school
Crown Point High School
Elementary school district
Crown Point
Middle school district
Crown Point
High school district
Crown Point
Directions
COUNTRY MEADOWS PLANNED DEVELOPMENT RESIDENTIAL LOT 8 EX. N.35.0FT.
Standard status
Active Under Contract
APN
451705432025000047
Size
1,581 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COUNTRY MEADOWS PLANNED DEVELOPMENT RESIDENTIAL LOT 8 EX. N.35.0FT.
Tax Annual Amount
2953
HOA Fee
$75 Monthly
Legal Description
COUNTRY MEADOWS PLANNED DEVELOPMENT RESIDENTIAL LOT 8 EX. N.35.0FT.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
covered patio
fenced backyard
laundry/utility room
appliances included
Building Details
Year built
2006
Floors in Building
1
Listing Agency:
McColly Real Estate
(219) 663-3835
Listed By:
David Taylor · License #RB14023719
(219) 306-7812
Added: Aug 28
Changed: Sep 21
Last Checked: Oct 15 at 8:06AM
MLS# 844496
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 1,581-square-foot duplex property on a 0.1261-acre lot was built in 2006 and offers single-level interiors with practical residential features. The layout includes a spacious kitchen with laminate counters, breakfast area, large living room, three bedrooms, two full bathrooms, a laundry and utility room with sink, and a primary suite with private bath and walk-in closet. Cathedral and vaulted ceilings add interior volume, while the covered patio opens to a fenced backyard.
The property is located at 10653 Keystone Lane in Crown Point, near downtown, shopping, dining, entertainment, schools, Lake Michigan beaches, Chicago, and Michigan wine country. Public water and public sewer serve the property. Natural-gas heating, included appliances, and an oversized two-car garage support everyday convenience.
The HOA handles lawn maintenance and snow removal. Backyard trees and shrubs may be permitted with HOA approval.
The property is located at 10653 Keystone Lane in Crown Point, near downtown, shopping, dining, entertainment, schools, Lake Michigan beaches, Chicago, and Michigan wine country. Public water and public sewer serve the property. Natural-gas heating, included appliances, and an oversized two-car garage support everyday convenience.
The HOA handles lawn maintenance and snow removal. Backyard trees and shrubs may be permitted with HOA approval.
Key Highlights
- 1,581 SF duplex property on a 0.1261‑acre lot
- Built in 2006 with three bedrooms and two full bathrooms
- Covered patio and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,717
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340
$314.3K
Cap Rate 7%
$224,529
$224.5K
Cap Rate 9%
$174,633
$174.6K
Market Conditions
NOI Build-Up for 1,581 SF
Gross rent
$23.7K $15.00/SF
− Vacancy
−$1.3K −$0.80/SF
EGI
$22.5K $14.20/SF
− OpEx
−$6.7K −$4.26/SF
NOI
$15.7K $9.94/SF
Area
Lake County, IN
Vacancy
5.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340
Cap Rate 7%
$224,529
Cap Rate 9%
$174,633
Alternative Uses
Best Use
Multifamily LT 5
$224.5K
$196.5K – $262.0K
NOI $15,717 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$199.8K
$174.8K – $233.1K
NOI $13,987 @ 7.0% cap · market cap 4.94%
Theoretical Best
Specialty Retail
$441.4K
$386.2K – $514.9K
NOI $30,895 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Single-level interiors include a spacious kitchen, private primary suite, covered patio, and oversized two-car garage.
Where is this duplex located?
The property is located at 10653 Keystone Lane Crown Point, IN.
What is the asking price?
The asking price for this property is $282,900.
What are key features of this property?
This property features: 1,581 SF duplex property on a 0.1261‑acre lot; Built in 2006 with three bedrooms and two full bathrooms; Covered patio and fenced backyard
