244 Burnham Street, Lowell, IN 46356
none · Lake County
Key Facts
Description
A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space. The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need. Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room -- complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay -- or the space can be reconfigured to fit your vision with reasonable notice. Whether you're an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1903
Living Area
2,216 sq ft
Lot Size
0.45 acres
Days on Market
98
MLS® Listing#
836252
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Roof
Security
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,134
Tax year 2024
Assessed Value
$256,700
Parcel Number
451923428001000008
Directions
Rt. 2 to Burnham Street, Go North to home.
Affordability Calculator
$57,000
Estimated monthly payment
$1,517/mo
Principal $227,999 · Est. interest $318,079 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lowell, IN
- $387,234
- Median Listing Price
- 38
- Median Days on Market
- 2,017
- Median Sq Ft
- $199
- Median Price / Sq Ft
- 96
- Active Listings
- This home’s price is 26% below the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lowell, IN.
Location
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Points of Interest in Lowell, IN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 244 Burnham Street, Lowell, IN | $284,999 | 4 | 4 | 2,216 |
| 1201 Lincoln Street, Lowell, IN | $347,000 | 5 | 3 | 2,641 |
| 17781 Hillside Drive, Lowell, IN | $354,900 | 4 | 3 | 1,824 |
| 4801 Crk Vw Lane, Lowell, IN | $359,990 | 4 | 3 | 1,792 |
| 17816 Creek View Court, Lowell, IN | $365,000 | 4 | 3 | 1,792 |
| 4507 W 173rd Avenue, Lowell, IN | $369,000 | 4 | 3 | 3,046 |
Moving Cost Estimate
EXIT Agents in Lowell
Listing Courtesy: Evers Realty Group - 2193650800
Presented by: Jordan Gibson
Last Updated: 2026-03-30