Move-In Ready Ranch
15508 W 101st Lane Dyer, IN 46311
15508 W 101st Lane, Dyer, IN, 46311
$375,000
For Sale
$375,000
SINGLE_FAMILY - Dyer, IN
Property Size1,632 SF
Lot Size0.15 Acres
Price / SF$229.78
Days on Market9
Property Features for 15508 W 101st Lane
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Den, Bathroom 2, Bathroom 1, Laundry Room, Dining Room, Bedroom 2
- Parking features
- Open, Garage
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Recessed Lighting, Open Floorplan, Kitchen Island, Granite Counters, Eat-in Kitchen, Entrance Foyer
- Appliances
- Built-In Gas Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Dishwasher, Disposal, Dryer
- Standard status
- Active
- APN
- 451401112013000013
- Size
- 1,632 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- EMERALD CROSSING UNIT 8 PT. OF LOT 305 (15508 101ST LN)
- Tax Annual Amount
- 2470
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Central
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
Listing Agency
Realty Executives Premier
(219) 462-2224
21 E. US Highway 30, Valparaiso, IN
Listed by
Dennis Scherer
(219) 213-3346
Added: Jul 10 Checked: Jul 18 at 8:06 am
MLS# 842054
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.
Built in 2023, this move-in ready ranch home has been gently lived in on a part-time basis and features two bedrooms and two full bathrooms. The layout also includes a dedicated office/flex room and a bright four-season sunroom.
Enhancements include an expanded patio nearly three times the original size, epoxy-coated garage floors, insulated and finished garage walls, and custom garage shelving. Inside, you’ll find custom closet systems, premium window treatments, ceiling fans throughout, and a stylish kitchen backsplash. The home also offers a custom fireplace accent wall, upgraded bathroom tile, and additional laundry room cabinetry, along with a washer and dryer that stay.
Additional details include glass shelving in the sunroom and an electric car hook-up with storage. The seller is also willing to include select furnishings.
Enhancements include an expanded patio nearly three times the original size, epoxy-coated garage floors, insulated and finished garage walls, and custom garage shelving. Inside, you’ll find custom closet systems, premium window treatments, ceiling fans throughout, and a stylish kitchen backsplash. The home also offers a custom fireplace accent wall, upgraded bathroom tile, and additional laundry room cabinetry, along with a washer and dryer that stay.
Additional details include glass shelving in the sunroom and an electric car hook-up with storage. The seller is also willing to include select furnishings.
Key Highlights
- Move‑in ready 2023‑built ranch with 2 bedrooms, 2 baths, and a dedicated office/flex room
- Bright four‑season sunroom with glass shelving
- Kitchen features granite counters, kitchen island, eat‑in area, and recessed lighting
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 | $27.8k | $17.04 |
| − Vacancy | −$1.6k | −$0.95 |
| EGI | $26.3k | $16.09 |
| − OpEx | −$11.8k | −$7.24 |
| NOI | $14.4k | $8.85 |
1,632 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$206.3K
$180.5K – $240.7K
NOI $14,439 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$455.6K
$398.6K – $531.5K
NOI $31,891 @ 7.0% cap · market cap 8.50%
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 - Built in 2023, this ranch offers two bedrooms, two baths, a dedicated office/flex room, and a four-season sunroom.
Where is this single family property located?
The property is located at 15508 W 101st Lane Dyer, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Move‑in ready 2023‑built ranch with 2 bedrooms, 2 baths, and a dedicated office/flex room; Bright four‑season sunroom with glass shelving; Kitchen features granite counters, kitchen island, eat‑in area, and recessed lighting
