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$499,500 Just Listed
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Property Description
Country Living with Income Potential in Lowell, Indiana. Nestled on 10 sprawling acres, this 1,320 sq. ft. all-brick 3 bedroom, 1 bath, ranch is the perfect canvas for your rural dreams. Offering the sturdy bones of a classic brick build and the rare advantage of established agricultural land, this property is as much an investment as it is a home. Property Highlights: Income-Generating Land: Approximately 8 acres are currently leased to a local farmer on a handshake agreement, yielding roughly 2,000 per year in passive income. Original Character: Step inside to find gorgeous hardwood floors spanning the dining room, living room, hallway, and all three bedrooms. Classic Layout: A functional 3-bedroom design that maximizes the square footage while offering scenic views. Solid Exterior: The all-brick construction provides a durable, low-maintenance exterior. Covered front porch: The perfect spot to sit back and relax. While the interior reflects a more traditional, dated aesthetic, it presents an incredible opportunity for equity building. With the hardwood floors already in place, a fresh coat of paint and modern fixtures would instantly transform this space. It is the ideal "fixer-upper" for someone who wants to customize their interior finishes without the worry of major structural overhauls. With 10 acres at your disposal, the possibilities are endless. Continue the current farming arrangement, or utilize the space for horses, a massive garden, or outbuildings. Professional photos coming soon.
Full Property Details
Full Property Details for 11408 W 157th Ave
General
- Price: $499,500
- Taxes: $1,900 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 836400
- Updated: Today (4/2/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), His and Hers Closets
- Appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Garage Spaces: 2.5
- Parking Features: Attached, Garage Faces Front, Driveway, Asphalt, Additional Parking, Off Street, Garage Door Opener
Location
- County: Lake
- Township: West Creek
- Subdivision: N/A
- Driving Directions: US 41 to 157th Ave, west to the house.
Heating & Cooling
- Heating Type: Central, Natural Gas, Forced Air
Structural Information
- Square Feet: 1,320
- Year Built: 1967
Lot Features
- Lot Size (Acres): 10
- Lot Size (Sq. Ft.): 435,600
- Lot Features: Back Yard, Horses Allowed, Rectangular Lot, Front Yard, Few Trees
Financial Considerations
- Tax Amount: $1,900
- Tax Year: 2024
- Terms: Cash, VA Loan, USDA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: W2. OF E2. NE. NE. S.8 T.33 R.9 10AC.
- Property ID: 451908200007000037
Listed by BVG Realty, LLC
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Schools
Schools serving 11408 W 157th Ave
School District:Tri-Creek School Corporation
| Name | Grades | Distance |
|---|---|---|
Lake Prairie Elementary School 11601 West 181st Avenue, Lowell, IN 46356 | K-5 | 3.9 mi |
Lowell Middle School, Lowell, IN 19250 Cline Avenue, Lowell, IN 46356 | 5-8 | 4.8 mi |
Lowell Senior High School, Lowell, IN 2051 East Commercial Avenue, Lowell, IN 46356 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11408 W 157th Ave
Date
Details
Price
Change
Source
4/02/2026
Listed
$499,500
78.31%
MLS
10/04/2007
Sold
$280,125
—
Public Record
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 11408 W 157th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,814
—
$282,200
3%
2024
$1,814
-64%
$273,500
2%
2023
$5,051
175%
$268,100
5%
2022
$1,836
32%
$255,600
29%
2020
$1,393
20%
$198,900
-1%
2019
$1,161
—
$199,900
5%
2019
$1,161
4%
$190,600
3%
2018
$1,115
-11%
$185,900
-2%
2017
$1,251
—
$190,600
-4%
2017
$1,251
-3%
$197,900
4%
2016
$1,296
6%
$190,800
1%
2015
$1,220
-7%
$189,300
4%
2013
$1,306
-17%
$182,500
-8%
2012
$1,572
—
$197,500
—
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 11408 W 157th Ave
11408 W 157th Avenue, Lowell, IN 46356 (MLS# 836400) is a Single Family property with 3 bedrooms and 1 full bathroom. 11408 W 157th Avenue is currently listed for $499,500 and was received on April 02, 2026. Want to learn more about 11408 W 157th Avenue? Do you have questions about finding other Single Family real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

