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238 N Nichols St, Lowell, IN, 46356

3beds
2baths
1,164sqft
$229,900
$198price/sqft
$1,624/moest. monthly cost
$64,960/yrincome needed

About This Home

This updated ranch blends style, convenience, and reliability in the welcoming community of Lowell, Indiana. Enjoy the ease of one level living with thoughtful improvements, including a new roof and new water heater. Inside, the home features a bright, open feel with refreshed finishes throughout, highlighted by quartz countertops that add both durability and modern appeal. A cellar style basement provides additional storage space. The property sits in a town known for its small town charm, local events, and easy access to nearby parks, dining, and everyday amenities. The outdoor space offers room for relaxation or entertaining. A move in ready opportunity with major updates already completed. The basement has newly installed drain tile (2026).

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
7/10
Lowell Middle SchoolGrades 6-81.6 mi
9/10
Lowell Senior High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1939

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedroom2

  • Area: 148.5
  • Dimensions: 15.0 x 9.9

Bedroom3

  • Area: 111.15
  • Dimensions: 11.7 x 9.5

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,Recessed Lighting,Open Floorplan
  • Finished area above ground: 1,164

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,164
  • Total interior livable area: 1,164 sqft

Kitchen

  • Area: 158.12
  • Dimensions: 13.4 x 11.8

Living Room

  • Area: 134.4
  • Dimensions: 16.8 x 8.0

Primary Bedroom

  • Area: 109.25
  • Dimensions: 11.5 x 9.5

Property

Details

  • Parcel number: 451923351002000008
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Patio,Front Porch
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,840 sqft
  • Features: Back Yard,Rectangular Lot

Parking

  • Parking features: Off Street,Gravel,Driveway
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • 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
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 $1,162$13,944
Home Insurance *$106$1,272
Property Taxes $172$2,064
Electricity $184$2,212
Total$1,624$19,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,680/yr
40% on housing$48,720/yr
45% on housing$43,306/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

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 46356$165
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46356$181
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
2026-04-15Listed for sale$249,900
2026-04-06Listing removed$254,900
2026-03-26Price change$254,900
2026-03-05Listed for sale$259,900
2024-10-17Sold$90,000
2024-07-31Listed for sale$135,000
2024-04-01Listing removed--
2024-03-11Price change$135,000
2024-02-29Listed for sale$150,000

For Sale by Agent

AgentElizabeth Fitzgerald-Mayersky
BrokerageNew Chapter Real Estate

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