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10502 Freedom Way

Cedar Lake, IN 46303

2 bd 2 ba 1,353 sqft Built 2020 Lot 2,614 sqft townhomes
Most recent sale
$237,500
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $237,500 Public Record
Jun 7, 2022 Sold $200,000 NIRA
May 5, 2022 Listed $189,900 MLS #511914
Aug 6, 2020 Sold $150,155 Public Record
Jul 31, 2020 Sold $150,155 NIRA
Mar 26, 2020 Listed $150,155 MLS #472311

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $153,400 $20,900 $174,300 $1,695
2022 $132,700 $20,900 $153,600 $1,608
2021 $129,900 $13,600 $143,500 $1,338
2020 $300 $300 $3
2019 $300 $300 $7

Property facts

Year built
2020
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,353 sqft
Lot size
2,614 sqft
ZIP code
46303
City
Cedar Lake
Street
Freedom Way
Coordinates
41.36797, -87.46174

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,030
Gross rental yield
10.26%
Implied cap rate
6.67%
Trend-extrapolated value

Frequently asked questions

When did 10502 Freedom Way last sell?
10502 Freedom Way most recently sold on Jun 13, 2022 for $237,500.
What is the current tax assessment for 10502 Freedom Way?
The most recent total assessment for 10502 Freedom Way (year 2024) is $174,300 with $1,695 in property tax.
How does 10502 Freedom Way's assessment compare to its last sale price?
The current assessment is 26.6% below the last sale price of $237,500.
When was 10502 Freedom Way built?
10502 Freedom Way was built in 2020.
How does 10502 Freedom Way compare to others on Freedom Way?
We track 8 other properties on Freedom Way. Browse the list under "Other properties on Freedom Way" to compare beds, baths, and sale history.
What are the property facts for 10502 Freedom Way?
10502 Freedom Way is a 2 bed, 2 bath, 1,353 sqft, 2,614 sqft lot townhomes.
Is 10502 Freedom Way a flip candidate?
Yes — 10502 Freedom Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10502 Freedom Way a tax-appeal candidate?
No — 10502 Freedom Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$415K
2026 Q4
$420.4K
ZIP 46303 — Median Price History + Forecast

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