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130-132 Meadows Circle
Crown Point IN 46307 US

$305,000

Active Under Contract Listing ID 817154
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4 bed
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3.00 Bath (3 Full)
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Lot: 0.40 Acres
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Duplex

$305,000

Active Under Contract Listing ID 817154
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130-132 Meadows Circle Discover a fantastic investment opportunity with this updated two-unit ranch duplex, perfectly situated in the heart of Winfield, within the highly sought-after Crown Point school district! This property is ideal for investors looking to generate strong rental income or a homeowner seeking to offset their mortgage by living in one unit while renting out the other. Each unit is vacant and move-in ready, allowing a new owner the freedom to handpick tenants. With estimated market rents of 1, 500 per month per unit, this duplex offers great potential for cash flow. Additionally, the Homeowners Association (HOA) fee of just 30 per unit covers mowing and snow removal, ensuring easy maintenance year-round. The property has been recently updated with fresh paint and brand-new bathrooms, providing a modern and inviting space for future occupants. The well-designed ranch-style layout maximizes functionality, offering comfortable living areas in both units. With a 9% cap rate, this property is positioned to offer strong returns based on its potential rental income of 28, 000 annually. This makes it an excellent opportunity for investors seeking profitable properties in a prime location. Located in a prime area of Winfield, this duplex provides convenient access to shopping, dining, and recreational amenities while being part of a top-rated school system. The combination of location, updates, and investment potential makes this a must-see property!

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Property Features

  • Facts
  • Lot Size: 0.40 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 3
  • Exterior Finish: Corner Lot
  • Heating Fuels: Forced Air

School Information

  • School
  • Jerry Ross Elementary School(Elementary)
  • Robert Taft Middle School(MiddleSchool)
  • Crown Point High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 305000
  • unparsedaddress: 130-132 Meadows Circle
  • postalcity: Crown Point
  • stateorprovince: IN
  • country: US
  • postalcode: 46307
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4
  • lotsizeunits: Acres
  • lotsizearea: 0.4
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.41735
  • longitude: -87.234888
  • listagentfullname: David Whitehead
  • listagentemail: david@davidwhiteheadrealestate.com
  • listagentkey: 3yd-GNIARIN-11584
  • listagentmlsid: 11584
  • listagentpreferredphone: 2197934416
  • listagentofficephone: 2194622121
  • listofficekey: 3yd-GNIARIN-1855
  • listagentstatelicense: RB14035139
  • listofficemlsid: 1855
  • disclaimer: Copyright © 2025 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.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1995
  • listingcontractdate: 2025-03-08
  • listagenturl: https://www.LifestylesIndiana.com
  • countyorparish: Lake
  • parcelnumber: 451709103009000047
  • elementaryschool: Jerry Ross Elementary School
  • highschool: Crown Point High School
  • elementaryschooldistrict: Crown Point
  • middleorjuniorschooldistrict: Crown Point
  • highschooldistrict: Crown Point
  • appliances: Dishwasher, Dryer, Range, Range - Gas, Refrigerator, Washer
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway, On Street
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Ceiling Fan(s), High Ceilings, Laminate Counters
  • exteriorfeatures: Corner Lot
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.234886, 41.41735
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"NWI Pro Services Inc. dba RE/MAX Lifestyles", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Annually", "ExpenseValue":30}], "GeocodeOptions":null, "LeadRoutingEmail":"david@davidwhiteheadrealestate.com", "ListBrokerageCity":"Valparaiso", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mattevansrealestate@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"NWI Pro Services Inc. dba RE/MAX Lifestyles", "ListBrokeragePhone":"(219) 241-8401", "ListBrokeragePostalCode":"46383", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"831 E Lincolnway", "ListBrokerageWebsiteUrl":"https://www.LifestylesIndiana.com", "ListOfficeAddress1":"831 E. Lincolnway", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11587", "ListOfficeCity":"Valparaiso", "ListOfficeCountry":"US", "ListOfficeEmail":"matt@themattevansteam.com", "ListOfficePostalCode":"46383", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex - Crown Point, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/134-Meadows-Cir_Crown-Point_IN_46307_M48409-23806?f=listhub&s=GNIARIN&m=817154&c=rexren", "MLSModificationTimestamp":"2025-03-11T10:48:35Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Residential Income", "RoomCount":8, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4660, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/11/2025 6:06:22 PM GMT
Source Updated Date: 3/16/2025 6:56:26 AM GMT

Courtesy of: David Whitehead, RE/MAX Lifestyles, david@davidwhiteheadrealestate.com

Copyright © 2025 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.