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  • $249,900

    427 E Commercial Ave, Lowell, IN 46356

    3beds
    2,756sqft
    : 
    Single Family Residence
    Built in 1865
    10,323.72 Square Feet Lot
    $-- Zestimate®
    $91/sqft
    $-- HOA

    What's special

    Stunning historic bacon mansionThree fireplacesCommercial kitchenSpacious bedroomsExquisite woodworkLarge light-filled windowsIntricate period details
    Motivated seller! Will consider all offers. Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell's Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence, a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the home showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardwoods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious bedrooms, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property's story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell's past--while shaping its future. Being sold As-Is.
    394 days
    |
    2,200
    |
    105
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2026 at 11:27am

    Listed by:

    Sarah Perfetti,

    Northwest Indiana Real Estate 219-696-9600,

    Sheree Perfetti,

    Northwest Indiana Real Estate

    Source: NIRA as distributed by MLS GRID,MLS#: 815966MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Other Room, Primary Bedroom, Living Room, Library, Kitchen, Dining Room, Bedroom 3, Bedroom 2
    Primary bedroom
    • Area: 195
    • Dimensions: 13.0 x 15.0
    Bedroom 2
    • Area: 169
    • Dimensions: 13.0 x 13.0
    Bedroom 3
    • Area: 96
    • Dimensions: 8.0 x 12.0
    Bonus room
    • Area: 416
    • Dimensions: 16.0 x 26.0
    Dining room
    • Description: woodburning fireplace
    • Area: 360
    • Dimensions: 15.0 x 24.0
    Kitchen
    • Area: 374
    • Dimensions: 17.0 x 22.0
    Library
    • Description: gas fireplace
    • Area: 240
    • Dimensions: 15.0 x 16.0
    Living room
    • Description: gas fireplace
    • Area: 255
    • Dimensions: 17.0 x 15.0
    Other
    • Description: Shower room (shower & large closet)
    • Area: 96
    • Dimensions: 8.0 x 12.0
    Heating
    • Baseboard, Hot Water
    Appliances
    • Laundry: Gas Dryer Hookup, Washer Hookup
    Features
    • Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, Kitchen Island, High Ceilings, Crown Molding, Ceiling Fan(s)
    • Windows: Bay Window(s)
    • Basement: Crawl Space,Walk-Out Access,Unfinished,Storage Space,Sump Pump
    • Number of fireplaces: 3
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 2,756
    • Total interior livable area: 2,756 sqft
    • Finished area above ground: 2,756

    Property

    Parking
    • Parking features: Additional Parking, Paved, On Street
    Features
    • Levels: Two
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Private Yard
    • Pool features: None
    • Fencing: Back Yard,Fenced
    • Has view: Yes
    • View description: Neighborhood, Park/Greenbelt
    • Frontage length: 84 feet
    Lot
    • Size: 10,323.72 Square Feet
    • Dimensions: 84 x 128
    • Features: Back Yard, Landscaped, Front Yard, Corner Lot
    Details
    • Parcel number: 451923452026000008
    • Zoning description: Mixed Use

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Other,Victorian
    • Property subtype: Single Family Residence
    Condition
    • Fixer
    • New construction: No
    • Year built: 1865

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

    Community & HOA

    Community
    • Features: Curbs
    • Security: Fire Alarm
    • Subdivision: Clarks Add
    HOA
    • Has HOA: No
    Location
    • Region: Lowell

    Financial & listing details

    • Price per square foot: $91/sqft
    • Tax assessed value: $298,900
    • Annual tax amount: $2,898
    • Date on market: 2/10/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Other,Conventional
    • Road surface type: Asphalt
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,183/mo

    Price history

    Price history
    DateEventPrice
    2/28/2026Listed for sale$249,900$91/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    2/5/2026Pending sale$249,900$91/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    11/5/2025Price change$249,900-16.4%$91/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    8/26/2025Price change$299,000-12.1%$108/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    4/29/2025Price change$340,000-2.9%$123/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    2/10/2025Listed for sale$350,000+19344.4%$127/sqft
    Source: NIRA as distributed by MLS GRID #815966 Report a problem
    10/12/2022Sold$1,800-98.7%$1/sqft
    Source: Public Record Report a problem
    9/29/2005Sold$135,900-0.6%$49/sqft
    Source: NIRA as distributed by MLS GRID #132257 Report a problem
    5/13/2005Sold$136,788$50/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,794 +5.4%$298,900 +7%
    2023$2,651 +13.1%$279,400 +5.4%
    2022$2,344 +4.5%$265,100 +13.1%
    2021$2,242 +6.1%$234,400 +4.5%
    2020$2,114 -81.3%$224,200 +6.1%
    2019$11,334 -19.4%$211,400 +1.5%
    2018$14,059 +193.3%$208,200 -1.2%
    2017$4,793 $210,800 +4.5%
    2016$4,793 -4.9%$201,700 -5%
    2014$5,039 $212,300 +67%
    2006-- $127,100
    2005-- $127,100
    2004-- $127,100

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,387/mo
    Principal & interest
    $1183
    Property taxes
    $204
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      Climate risks

      Neighborhood: 46356

      Getting around

      56 / 100
      Somewhat Walkable
      42 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • High: Lowell Senior High School

      Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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