$265,000

beds

baths

3,240

square ft

7316 W 140th Place

Cedar Lake, Indiana 46303

New / MLS #839148 / Single Family / Cedar Lake

Listing information updated 5/19/2026 at 6:24pm

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!

Full Features

Exterior Type:

Vinyl Siding

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

None

Main Level Primary Bedroom:

Pool:

Age:

69 Years

Roof Type:

Shingle

Parking Type:

Driveway,Gravel

Garage:

Driveway,Gravel

Room Count:

Water Front:

Square Feet:

3,240

Lot Size:

0.4316 Acres

Acreage:

0.4316

Internal Features:

None

External Features:

Private Yard, Storage

Room Information

Dining Room:

0.0 x 0.0

Kitchen:

0.0 x 0.0

Primary Bedroom:

0.0 x 0.0

2nd Bedroom:

0.0 x 0.0

3rd Bedroom:

0.0 x 0.0

4th Bedroom:

0.0 x 0.0

Bedroom 5:

0.0 x 0.0

Bedroom 6:

0.0 x 0.0

Other:

0.0 x 0.0

Taxes & Assessments

Tax Amount:

$2,756

Tax Year:

2025

Location

Zip Code:

46303

City:

Cedar Lake

County:

Lake

Schools

School District(s):

Crown Point

Elementary School:

Douglas Macarthur Elementary Sch

Middle School:

Colonel John Wheeler Middle School

High School:

Crown Point High School

Exterior Type:

Vinyl Siding

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

None

Main Level Primary Bedroom:

Pool:

Age:

69 Years

Roof Type:

Shingle

Parking Type:

Driveway,Gravel

Garage:

Driveway,Gravel

Room Count:

Water Front:

Square Feet:

3,240

Lot Size:

0.4316 Acres

Acreage:

0.4316

Internal Features:

None

External Features:

Private Yard, Storage

Dining Room:

0.0 x 0.0

Kitchen:

0.0 x 0.0

Primary Bedroom:

0.0 x 0.0

2nd Bedroom:

0.0 x 0.0

3rd Bedroom:

0.0 x 0.0

4th Bedroom:

0.0 x 0.0

Bedroom 5:

0.0 x 0.0

Bedroom 6:

0.0 x 0.0

Other:

0.0 x 0.0

Tax Amount:

$2,756

Tax Year:

2025

Zip Code:

46303

City:

Cedar Lake

County:

Lake

School District(s):

Crown Point

Elementary School:

Douglas Macarthur Elementary Sch

Middle School:

Colonel John Wheeler Middle School

High School:

Crown Point High School

Listing Email: jason@jasonmoonrealtygroup.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/19/2026 at 6:24pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.