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Single-Family Home with Walk-Out Basement

17302 Brookwood Drive Lowell, IN 46356

17302 Brookwood Drive, Lowell, IN, 46356
$319,900
For Sale
$319,900

SINGLE_FAMILY - Lowell, IN

Property Size1,338 SF
Lot Size0.16 Acres
Price / SF$239.09
Days on Market33

Property Features for 17302 Brookwood Drive

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Basement, Kitchen
Parking features
Driveway, Open
Patio and Porch features
Deck, Patio
Interior features
Entrance Foyer, Walk-In Closet(s), Tray Ceiling(s), Recessed Lighting, Open Floorplan, Laminate Counters, Eat-in Kitchen
Exterior features
Balcony
Fireplace
1
Basement
Walk-Out Access, Full, Sump Pump
Appliances
ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range
Standard status
Active
APN
451913355009000008
Size
1,338 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
BROOKWOOD SUBDIVISION UNIT 5 PT OF SW'LY 32.8FT OF LOT 72
Tax Annual Amount
2813

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
2018
Floors in Building
1
Listing Agency Keller Williams Preferred Real
16101 108th Ave, Schererville, IN
Listed by Tiffany Dowling · License #RB14050408
Added: Jun 17 Checked: Jul 19 at 12:06 pm
MLS# 840909 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.

Situated at 17302 Brookwood Drive in Lowell, Indiana, this single-family home features an open-concept main floor with a foyer leading into the living area and an eat-in kitchen. The kitchen includes Brazilian cherry cabinetry, high-definition countertops, a pantry, and stainless steel appliances that stay, and it opens to the living room. The living room has a fireplace, recessed ceiling, and large patio doors that lead to a private balcony/deck. The primary suite offers a walk-in closet and a walk-in shower, and the home also includes a second bedroom with an adjacent full guest bathroom.

A full walk-out basement provides tall ceilings, large windows with natural light, and space that can support an additional bedroom if needed. Additional highlights include main-floor laundry and a spacious attached garage. The property also states there is no homeowners association.

Key Highlights

  • 2018‑built home with an open floorplan featuring a walk‑in closet, tray ceilings, and recessed lighting
  • Eat‑in kitchen with Brazilian cherry cabinetry, laminate counters, pantry, and stainless steel appliances including a gas range
  • Living room includes a fireplace and large patio doors that open to a private balcony and deck

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 $20.1k $15.00
− Vacancy −$1.1k −$0.80
EGI $19.0k $14.20
− OpEx −$5.7k −$4.26
NOI $13.3k $9.94
1,338 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$190.0K
$166.3K – $221.7K (±1% cap)
NOI $13,302 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$169.1K
$148.0K – $197.3K (±1% cap)
NOI $11,838 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$373.5K
$326.8K – $435.8K (±1% cap)
NOI $26,146 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Nail Salon Parking Lot & Garage Electrical Service HVAC Service Gym & Fitness Center

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

FAQs

What type of property is this?
Duplex - Open-concept living with a fireplace, patio doors to a balcony/deck, and a full walk-out basement ready for finishing touches.
Where is this duplex located?
The property is located at 17302 Brookwood Drive Lowell, IN.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2018‑built home with an open floorplan featuring a walk‑in closet, tray ceilings, and recessed lighting; Eat‑in kitchen with Brazilian cherry cabinetry, laminate counters, pantry, and stainless steel appliances including a gas range; Living room includes a fireplace and large patio doors that open to a private balcony and deck
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More about this property
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