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5337 Red Rock Ln, Schererville, IN, 46375

3beds
2baths
1,654sqft
$437,688
$265price/sqft
$2,896/moest. monthly cost
$115,840/yrincome needed

About This Home

Open concept living in the Blakely! This floor plan has 3 bedrooms and 2 baths. The Kitchen has quartz countertops, stainless steel appliances, an island for entertaining and a walk in pantry. The Primary Suite has a private bathroom with a beautiful ceramic shower, double bowl vanity and spacious walk-in closet. Full basement ready for finishing with the plumbing roughed in. 3 car garage. Front yard landscaping. All with the Industries best customer care program and warranty.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
Peifer Elementary SchoolGrades PK-42.0 mi
6/10
9/10
Lake Central High SchoolGrades 9-124.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: Olthof Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Stainless Steel Appliance(s),Refrigerator,Range,Microwave,Dishwasher
  • Laundry features: Gas Dryer Hookup,Washer Hookup,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Unfinished,Sump Pump

Bedroom2

  • Area: 121
  • Dimensions: 10.0 x 12.1

Bedroom3

  • Area: 127.5
  • Dimensions: 12.5 x 10.2

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Double Vanity,Walk-In Closet(s),Pantry,Open Floorplan,Kitchen Island
  • Finished area above ground: 1,654

Great Room

  • Area: 144.48
  • Dimensions: 11.2 x 12.9

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,654
  • Total interior livable area: 1,654 sqft

Kitchen

  • Area: 273.9
  • Dimensions: 11.0 x 24.9

Laundry

  • Area: 1
  • Dimensions: 1.0 x 1.0

Primary Bedroom

  • Area: 183.96
  • Dimensions: 12.6 x 14.6

Property

Details

  • Parcel number: Tbd
  • Zoning description: residential
  • Special condition: None

Features

  • Levels: One
  • Pool features: None
  • Patio & porch: Patio
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 9,583 sqft
  • Features: Back Yard,Landscaped,Front Yard

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Faces Front,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,213$26,556
Home Insurance *$160$1,920
Property Taxes $339$4,068
Electricity $184$2,212
Total$2,896$34,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,291/yr
40% on housing$86,880/yr
45% on housing$77,226/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 46375$153
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46375$165
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$440,688
2026-03-12Pending sale$440,688
2026-01-23Listed for sale$440,688

New Construction Spec

AgentKatherine Bultema
BrokerageCompass Indiana, LLC

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