130 132 Meadows Circle
Crown Point, IN 46307
- 4 beds
- 3 baths
- – sqft
- ~1/2 acre lot
- 1995 build
- – on site
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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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Last updated Apr 23, 2025
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MLS# 817154 —
The Building
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Year Built:1995
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New Construction:false
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Patio And Porch Features:Covered, Front Porch
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Levels:One
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Basement:false
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Above Grade Finished Area:1800
Interior
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Interior Features:Ceiling Fan(s), High Ceilings, Laminate Counters
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Fireplace:false
Room Dimensions
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Living Area Source:Assessor
Location
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Directions:109th avenue to Meadow Road south to Meadow Circle to the properties at 130 & 132.
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Latitude:41.41735
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Longitude:-87.234888
The Property
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Parcel Number:451709103009000047
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Lot Features:Back Yard, Corner Lot
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Lot Size Acres:0.4
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Lot Size Square Feet:17424
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Lot Size Source:Assessor
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Additional Parcels:true
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View:City
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Exterior Features:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 793-4416
- Office phone:
- (219) 462-2121
Taxes
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Tax Year:2023
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Tax Annual Amount:4660
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Tax Assessed Value:252000
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Tax Legal Description:THE MEADOWS -- (TOWNHOMES) VILLAGES OF FOUR SEASONS UNIT 4-A and THE MEADOWS -- (TOWNHOMES) VILLAGES OF FOUR SEASONS UNIT 4-B
Beds
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Total Bedrooms:4
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Washer, Refrigerator, Range Hood, Dryer
Schools
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Elementary School:Jerry Ross Elementary School
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Middle Or Junior School:Robert Taft Middle School
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High School:Crown Point High School
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High School District:Crown Point
The Community
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Subdivision Name:The Meadows
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Pets Allowed:Dogs OK
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Association:true
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Association Amenities:Maintenance Grounds, Snow Removal
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Association Fee Includes:Maintenance Grounds, Snow Removal
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Association Fee:30
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Association Fee Frequency:Monthly
Parking
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Garage:false
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Parking Features:Additional Parking, Driveway, On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).