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$350,000
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Property Description
ALL-BRICK RARE INVESTMENT OPPORTUNITY! TWO SEPARATE HOMES ON ONE PROPERTY--each with its own basement and garage...The first home (South Unit) features 3 bedrooms, 1 bath, 1,127 sq. ft., and a 1-car garage...The second (North Unit) offers 2 bedrooms, 1 bath, 1,063 sq. ft., and a 2-car garage...Located in beautiful Cedar Lake...This could be an excellent owner occupy or investment property with long-term investment potential...THERE IS A PICTURE OF EVERYROOM IN THE LISTING...Both homes feature hardwood floors, covered porches, separate basements, and separate garages...Each unit includes a stove, refrigerator, washer, dryer, and an owned water softener...Large backyard provides additional outdoor space for tenants or owner occupants...Major updates include HVAC (2019), roof (2019), water heaters and appliances (2017), well and pump (2014), windows (2010), and blown-in insulation (2009)...Current tenant pays 1,250 (well below market) per month plus gas and electric...Owner currently pays approximately 78 per unit for sewer and garbage service...Property is being sold AS IS with no repairs...Seller discloses minor basement seepage in the South Unit during extreme rainfall events...North Unit experienced minor seepage only after the unusually heavy June 16-18 rain event, which the tenant indicated was the first occurrence in three years...Both chimneys need some repair (OTHER THAN THAT THESE ARE SOLID UNITS)...Hanover schools...Close to dining & shopping...Neither covered porch was ever intended to be used as an entrance that is why there is no stairs to the covered porches...Both covered porches are missing a piece of wrought iron railing...We have both pieces of railing.
Full Property Details
Full Property Details for 13131-35 Schneider St
General
- Sold For: $350,000
- Taxes: $8,200 (2025)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 841036
- Added to Site: 114 day(s) ago
Interior
- Interior Features: Other
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Dryer, Washer, Refrigerator, Range, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Spaces: 3
Location
- County: Lake
- Township: Hanover
- Subdivision: NONE
- Driving Directions: 41 / EAST ON 133RD / NORTH ON SCHNEIDER
Heating & Cooling
- Heating Type: Central, Natural Gas
Structural Information
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $8,200
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Pt. W.1/2 SW.1/4 S.21 T.34 R.9 (139.77x106x87.16x113.5x185.3ft.) 0.581Ac
- Property ID: 451521352019000014
Listed and Sold by BHHS Executive Realty
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Price & Sales History for 13131-35 Schneider St
Date
Details
Price
Change
Source
9/04/2026
Sold
$350,000
-5.15%
MLS
6/21/2026
Listed
$369,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
13131-35 Schneider Street, Cedar Lake, IN 46303 (MLS# 841036) is a Multi-Family property that was sold at $350,000 on September 04, 2026. Want to learn more about 13131-35 Schneider Street? Do you have questions about finding other Multi-Family real estate for sale in Cedar Lake? You can browse all Cedar Lake real estate or contact a Coldwell Banker agent to request more information.

