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716 Moraine Trce Unit 10, Schererville, IN, 46375

2beds
1baths
970sqft
$140,000
$144price/sqft
$993/moest. monthly cost
$39,720/yrincome needed

About This Home

Welcome home to this well-maintained 2-bedroom, 1-bath condo in the heart of Schererville! This spacious unit offers a comfortable and functional layout featuring a bright living room with access to a private balcony overlooking beautifully maintained grounds. The kitchen provides ample cabinet and counter space, while the dining area is perfect for everyday living and entertaining. Both bedrooms are generously sized with abundant closet space, and the primary bedroom offers room for a king-sized bed and additional furnishings. Enjoy a low-maintenance lifestyle with HOA services that include lawn care, snow removal, water, and trash. Conveniently located near shopping, restaurants, parks, and major highways, this condo combines comfort, convenience, and affordability. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this move-in-ready home is one you won't want to miss. Schedule your private showing today!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
9/10
Lake Central High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1977

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range Hood,Refrigerator
  • Laundry features: Other

Bedroom2

  • Level: Main
  • Area: 121
  • Dimensions: 11.0 x 11.0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 70
  • Dimensions: 10.0 x 7.0

Features

  • Ceiling Fan(s)
  • Window features: Blinds
  • Finished area above ground: 970

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 970
  • Total interior livable area: 970 sqft

Kitchen

  • Level: Main
  • Area: 70
  • Dimensions: 10.0 x 7.0

Living Room

  • Level: Main
  • Area: 195
  • Dimensions: 15.0 x 13.0

Primary Bedroom

  • Level: Main
  • Area: 154
  • Dimensions: 14.0 x 11.0

Property

Details

  • Parcel number: 451116302010000036
  • Special condition: None

Features

  • Levels: Other
  • Pool features: None
  • Has view: Yes
  • View description: Other

Lot

  • Features: Other

Parking

  • Parking features: Asphalt

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 $707$8,484
Home Insurance *$51$612
Property Taxes $51$612
Electricity $184$2,212
Total$993$11,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,045/yr
40% on housing$29,790/yr
45% on housing$26,480/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

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 46375$158
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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$140,000
2026-07-31Price change$140,000
2026-06-11Listed for sale$150,000
2025-04-29Sold$140,000
2025-04-17Pending sale$140,000
2025-04-11Listed for sale$140,000

For Sale by Agent

AgentKent Kominiak
Brokerage@properties/Christie's Intl RE

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