$350,000

beds

baths

2,200

square ft

13131-35 Schneider Street

Cedar Lake, Indiana 46303

Closed / MLS #841036 / Multiple Unit (2-4) / Cedar Lake

Listing information updated 9/4/2026 at 10:44am

ALL-BRICK RARE INVESTMENT OPPORTUNITY! TWO SEPARATE HOMES ON ONE PROPERTY--each with its own basement and garage...The first home (South Unit) features 3 bedrooms, 1 bath, 1,127 sq. ft., and a 1-car garage...The second (North Unit) offers 2 bedrooms, 1 bath, 1,063 sq. ft., and a 2-car garage...Located in beautiful Cedar Lake...This could be an excellent owner occupy or investment property with long-term investment potential...THERE IS A PICTURE OF EVERYROOM IN THE LISTING...Both homes feature hardwood floors, covered porches, separate basements, and separate garages...Each unit includes a stove, refrigerator, washer, dryer, and an owned water softener...Large backyard provides additional outdoor space for tenants or owner occupants...Major updates include HVAC (2019), roof (2019), water heaters and appliances (2017), well and pump (2014), windows (2010), and blown-in insulation (2009)...Current tenant pays 1,250 (well below market) per month plus gas and electric...Owner currently pays approximately 78 per unit for sewer and garbage service...Property is being sold AS IS with no repairs...Seller discloses minor basement seepage in the South Unit during extreme rainfall events...North Unit experienced minor seepage only after the unusually heavy June 16-18 rain event, which the tenant indicated was the first occurrence in three years...Both chimneys need some repair (OTHER THAN THAT THESE ARE SOLID UNITS)...Hanover schools...Close to dining & shopping...Neither covered porch was ever intended to be used as an entrance that is why there is no stairs to the covered porches...Both covered porches are missing a piece of wrought iron railing...We have both pieces of railing.

Full Features

Basement:

Other

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Central, Natural Gas

Appliances:

Dryer, Washer, Refrigerator, Range, Gas Water Heater

Pool:

Age:

81 Years

Parking Spaces:

Water Front:

Square Feet:

2,200

Lot Size:

0.6 Acres

Acreage:

0.6

Taxes & Assessments

Tax Amount:

$8,200

Tax Year:

2025

Location

Zip Code:

46303

City:

Cedar Lake

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Other

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Central, Natural Gas

Appliances:

Dryer, Washer, Refrigerator, Range, Gas Water Heater

Pool:

Age:

81 Years

Parking Spaces:

Water Front:

Square Feet:

2,200

Lot Size:

0.6 Acres

Acreage:

0.6

Tax Amount:

$8,200

Tax Year:

2025

Zip Code:

46303

City:

Cedar Lake

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: BHHS Executive Realty

Listing Office Phone: 219.663.1986

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 9/4/2026 at 10:44am. 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.