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$225,000
Pending7316 W 140th Place
Cedar Lake, IN 46303
Investor's Dream in Cedar Lake, Indiana - A True Blank Canvas with Major Upgrades Already Done! Welcome to this fantastic opportunity in the heart of Cedar Lake! Whether you're an investor, looking for a cozy weekend retreat, a potential Airbnb rental, or even a future permanent residence, this home offers incredible flexibility and value. This property is a genuine blank canvas -- the interior has been stripped down to the studs, giving you a rare chance to customize every detail exactly to your taste. The best part? Many of the costly, foundational upgrades have already been completed, making your renovation project smoother and more affordable. You'll find a brand-new roof and half of the new siding installed (the seller will leave the remaining green siding for you to finish), all-new electrical wiring, new furnace and air conditioning units, fresh ductwork, energy-efficient new windows, and stylish new front and sliding back doors. The former garage has been converted into additional bedrooms, but if you prefer, it can easily be reframed back into a garage -- giving you great versatility depending on your needs. Located within the award-winning Crown Point School District, this home combines the charm of small-town Cedar Lake living with top-tier education options, making it an excellent investment for families or rental property seekers. Please note, this property requires cash financing, making it ideal for investors or buyers ready to jump into a rewarding renovation. Don't miss out on this unique chance to shape your dream home or income property in a wonderful community. Schedule your showing today and imagine all the possibilities!
Property Details
- Heating
- Forced Air, Natural Gas
- Bedrooms
- 8
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Neighborhood,Trees/Woods
- Lot Features
- Back Yard, Wooded, Front Yard
- Stories
- Bi-Level
- Lot Description
- Back Yard, Wooded, Front Yard
- Exterior Materials
- Private Yard, Storage
- Acres
- 0.4316
- Square Feet
- 3240.0
- Parking Features
- Driveway, Gravel
- Parking Type
- Driveway
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Crawl Space
- Year Built
- 1957
- Sewer Information
- Public Sewer
- Utility Source
- Well
- Utility Features
- Electricity Available, Water Available, Sewer Connected, Natural Gas Available, Electricity Connected
- Subdivision
- C N Straights Sub
- School District
- Crown Point
- Elementary School
- Douglas MacArthur Elementary Sch
- Middle School
- Colonel John Wheeler Middle School
- High School
- Crown Point High School
- County
- Lake
- Region
- Cedar Lake
- Taxes Annual
- $2,756
- MLS #
- 839148
- Property Subtype
- Single Family Residence
- Parcel Number
- 451526378028000043
- MLS #
- 839148
- Property Condition
- Fixer
- Date Listed
- May 19, 2026
- Address
- 7316 W 140th Place
Location
Legal
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Last Updated: Oct 9, 2026 9:07 AM. Source: NIRAMLS
Listing Broker: Trueblood Real Estate, LLC; Jason Moon; jason@jasonmoonrealtygroup.com
Provided By (Buyer)
Buyer's Agent: Nicholas Oosting (#NRA16815)
Buyer's Office: Listing Leaders Northwest (#NRA1959)
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