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$75,000
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Property Description
Great opportunity near Cedar Lake with exceptional upside. Located just blocks from the lake, this property-on two lots- offers a prime setting for renovation, redevelopment, or long-term investment. The home is a full gut, providing a blank canvas for buyers looking to design and build to their vision in a highly desirable lake-area location. Positioned in close proximity to Cedar Lake, this property benefits from the lifestyle and demand that lake-adjacent living brings--without the premium price of direct lakefront. Whether you're an investor, builder, or buyer looking for a project in a strong location, opportunities like this are few and far between. Schedule your showing today!
Full Property Details
Full Property Details for 14031 Lauerman St
General
- Price: $75,000
- Taxes: $1,271 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 832089
- Updated: 1/5/2026
- Added to Site: 25 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: None
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Spaces: 1
- Parking Features: Detached, Garage Faces Front
Location
- County: Lake
- Township: Hanover
- Subdivision: NONE
- Driving Directions: Wicker Ave to 141st Ave., go East. 141st Ave. East to Lauerman St., turn left. House is immediately on your right.
Heating & Cooling
- Heating Type: None
Structural Information
- Square Feet: 1,184
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Features: Front Yard
Financial Considerations
- Tax Amount: $1,271
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: PT SW. SE. S.27 T.34 R.9 N. 50' OF 146.1 X 100 FT.
- Property ID: 451527458023000014
Listed by Advanced Real Estate, LLC
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Schools
Schools serving 14031 Lauerman St
School District:Hanover Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Jane Ball Elementary School 13313 Parrish Avenue, Cedar Lake, IN 46303 | PK-5 | 1 mi |
Hanover Central Middle School 10631 West 141st Avenue, Cedar Lake, IN 46303 | 6-8 | 1.3 mi |
Hanover Central High School 10120 West 133rd Place, Cedar Lake, IN 46303 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14031 Lauerman St
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$75,000
-6.25%
MLS
12/21/2025
Listed
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14031 Lauerman St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$761
-72%
$104,500
1%
2023
$2,749
137%
$103,400
6%
2022
$1,160
65%
$97,600
7%
2020
$705
23%
$91,100
6%
2019
$571
—
$85,700
5%
2019
$571
-71%
$82,000
3%
2018
$1,961
-5%
$79,900
2%
2017
$2,058
—
$78,500
2%
2017
$2,058
-1%
$77,200
4%
2016
$2,078
8%
$74,400
1%
2015
$1,928
-1%
$74,000
6%
2013
$1,945
—
$69,500
1%
2012
$1,944
—
$69,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14031 Lauerman St
14031 Lauerman Street, Cedar Lake, IN 46303 (MLS# 832089) is a Single Family property with 3 bedrooms and 2 full bathrooms. 14031 Lauerman Street is currently listed for $75,000 and was received on December 21, 2025. Want to learn more about 14031 Lauerman Street? Do you have questions about finding other Single 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.

