5061 Richard Drive Lowell IN 46356 (House For Sale) | MLS 837051
Frequently Asked Questions
Are house prices dropping in Lowell?
The house prices in Lowell are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Lowell at this time?
The housing market and house prices in Lowell are going down. The average house price is $399,752.50 and the average price per square feet is $207.72 per square foot. At the moment, there are 142 homes listed - 76 active, 66 pending, and 0 sold in Lowell.
What is the most popular place to buy a house in Lowell?
The most popular place to buy a home in Lowell is 4510 - Lake - Cedar Creek. 4510 - Lake - Cedar Creek has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Lowell?
The average amount of property taxes you would have to pay for a home in Lowell is $2,409.32. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Lowell being sold?
Properties in Lowell stay on the market for an average of 0 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Lowell?
The last home listed in Lowell was 1543 minutes ago.
Can you visit houses in Lowell?
Currently, there are 11 open houses available for viewing in Lowell.
What is the most expensive house in Lowell?
The cost of the most expensive home in Lowell is $1,491,500.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Lowell?
The cost of the cheapest home in Lowell is $99,999.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Lowell?
The oldest home in Lowell was built in 1865, and the newest in 2026.
How big are the homes in Lowell?
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The average property size in Lowell is 2301.22 sq.ft., the largest being 7041 sq.ft., and the smallest being 0 sq.ft.
Additional Details
Property Details
Total Sq. Ft.:
2, 576
Basement:
Yes
Directions:
Rt 2/Commercial Ave To Clark, South To Richard
Interior Features
Cathedral Ceiling(S), Walk In Closet(S), Tray Ceiling(S), Recessed Lighting, Pantry, Open Floorplan, Kitchen Island, Granite Counters, Ceiling Fan(S)
Appliances
None
Heat
ENERGY STAR Qualified Equipment, Natural Gas, Forced Air
Total Rooms
9 Rooms
Tax and Financial Info
Tax Year:
2025
Quick View
Address:
5061 Richard Drive Lowell IN 46356
Status:
Active
On Site:
81 Days On Site
Price:
$448, 900
Bedrooms:
5 Beds
Bathrooms:
1 Full Baths, 1 Half Baths
Sq. Feet:
2, 576
Year Built:
2026
Lot Size:
0.25
County:
Lake
Township:
Cedar Creek
MLS #:
837051
Property Type:
Single Family Residence
Community Information
City:
Lowell
Subdivision:
Description
NOT YET BUILT, this is our SHERMAN model. This two-story home features four bedrooms upstairs each with a walk-in closet, PLUS an additional MAIN FLOOR, FIFTH bedroom/flex room. The upper level primary bedroom has a tray ceiling, walk-in closet, and ensuite bathroom. Additionally, there is an upper-level loft area, perfect for a small study space or sitting area plus a separate laundry room, conveniently located to the bedrooms. The main level features an open concept living space, spacious living room with glass sliding doors for immediate access to the patio area, gorgeous kitchen with maple, soft close cabinetry (options exist for painted cabinetry), crown molding, GRANITE, pantry and kitchen island. Additional features include brushed nickel or black hardware and lighting packages, QUARTZ TOPS in the bathrooms, and one PAINT color included. Also featured is a TASTEFUL BOARD AND BATTEN/vinyl finish, concrete PATIO, full LANDSCAPE package, attached garage with openers installed, and BUILDER WARRANTY. Many options for customization of our 18 floor plans are possible to include structural changes such as a 3 car garage, 5' garage extension, slab, or basement options, as well as for other finishes such as for a fireplace, custom tile shower, exterior masonry, etc. Photos are of a previously built home.
Source: NIRA as distributed by MLS GRID, MLS ID: 837051
Listing provided courtesy of Lynn Palmer (219) 322-5508 with McColly Real Estate
Last Updated: 4/14/2026 | 11:06 PM
Home Details
Status: Active
Price: $448,900
Address: 5061 Richard Drive, Lowell, IN 46356
Bedrooms: 5
Bathrooms: 2
Square Feet: 2,576
81 days on Site
Property Type: Residential
Built in 2026
81 days on Site
0.25 Lot Size
Heating: ENERGY STAR Qualified Equipment, Natural Gas, Forced Air
NOT YET BUILT, this is our SHERMAN model. This two-story home features four bedrooms upstairs each with a walk-in closet, PLUS an additional MAIN FLOOR, FIFTH bedroom/flex room. The upper level primary bedroom has a tray ceiling, walk-in closet, and ensuite bathroom. Additionally, there is an upper-level loft area, perfect for a small stu...
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Source: NIRA as distributed by MLS GRID, MLS ID: 837051
Listing provided courtesy of Lynn Palmer (219) 322-5508 with McColly Real Estate
Lowell offers a peaceful atmosphere with minimal street noise, ideal for anyone seeking tranquility. The town features a good selection of spacious single detached homes and townhouses, many with three or more bedrooms, providing ample living space. Parking is generally convenient throughout the area, making vehicle use hassle-free. Residents can find several dining options nearby, enhancing local convenience. Though bicycling infrastructure is limited due to the hilly terrain, the overall environment is calm and uplifts a relaxed pace. The variety of housing, combined with quiet streets, makes Lowell a pleasant place to consider settling.
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