516 Cherry Hill Rd, Dyer, IN 46311
Property image
Property image
OFF MARKET

$319,800

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,908 sqft (on 0.31 acres)

516 Cherry Hill Rd, Dyer, IN 46311

Est. Refi. Payment $1,990/mo*
Refinance Your Home
Currently Off Market - Sold Aug 9, 2024 for $301,000

Home Value

Trulia Estimate
$320K
Since last month
Decreased$3K (-1%)
Since last year
Increased$9K (+2.8%)
Since last sale
Increased$18K (+6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
August 2026$319K
August 2026$319K
July 2026$322K
June 2026$323K
May 2026$324K
April 2026$321K
March 2026$315K
February 2026$313K
January 2026$307K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$316,000
10/17/25
3
1.5
1,708
0.14
Single-Family Home
$285,000
06/18/26
5
2
2,288
0.23
Single-Family Home
$310,000
09/23/25
3
2
1,988
0.25
Single-Family Home
$280,000
06/18/26
3
1.5
2,089
0.15
Single-Family Home
$255,000
11/07/25
3
2
1,846
0.31
Single-Family Home
$310,000
02/26/26
4
2
1,966
0.26
Single-Family Home
$357,000
06/05/26
3
2
1,768
0.22
Single-Family Home
$375,000
11/06/25
4
2
2,974
0.36
Single-Family Home
$319,500
11/06/25
3
2
1,703
0.33
Single-Family Home
$285,000
12/31/25
4
2
1,616

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$340,500
5
2
2,272
Off Market
0.03
$296,100
3
2
1,102
Off Market
0.05
$284,900
3
2
1,126
Off Market
0.13
$394,300
3
2
2,042
Off Market
0.06
$328,700
3
1.5
2,400
Off Market
0.07
$319,000
3
1.5
1,708
Off Market
0.11
$323,200
3
1.5
2,272
Off Market
0.14
$285,000
5
2
2,288
Recently Sold
0.15
$375,000
4
2.5
2,490
Recently Sold
0.12
$359,700
4
3
2,864
Off Market
0.19
$303,700
3
2
1,354
Off Market

Local Information

  • Map ViewExplore the area around 516 Cherry Hill Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1969
0.31 acre lot
1,908 sqft
$168/sqft
Garage

About this House

This beautiful bi-level home offers a premier location in the Heart of Dyer, mere minutes from the IN/IL border and shopping, dining, & entertainment + within walking distance to the Pheasant Hills Park! Boasting 4 beds, 1.75 baths, over 2200 square feet & a HEATED 2 car detached garage! Main level features gorgeous hardwood flooring throughout even under the carpet located in the 3rd bedroom. Spacious living room leads into an open concept dining room & kitchen with ample counter space. The oversized covered deck is great for entertaining or grilling! The lower level includes a family room/rec. space, the 4th bedroom, 3/4 bath, & large utility room! Don't miss the opportunity to call this property HOME!
516 Cherry Hill Rd, Dyer, IN 46311 is a 4 bedroom, 2 bathroom, 1,908 sqft single-family home built in 1969. It last sold for the $299,900 asking price on Aug 9, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $319,800, with a rent estimate of $2,494/month.
Last check for updates: about 13 hours ago
Listed by Katherine Bultema
Compass Indiana, LLC, (317) 563-5051
Thomas Zandstra
Bought with: Kelli Velasquez, New Chapter Real Estate, (219) 227-8454
Source: NIRA as distributed by MLS GRID, MLS#804100

Home Details for 516 Cherry Hill Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Kitchen, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1908 Square Feet
Appliances & Utilities
Utilities: Cable Available, Phone Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity ConnectedAppliances: Dryer, Microwave, Washer, Refrigerator, Range Hood, Gas Water HeaterDryerLaundry: Gas Dryer Hookup,Washer Hookup,Sink,Lower Level,Laundry Room,Laundry ChuteMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 100 Amp Service, Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane Windows
Levels, Entrance, & Accessibility
Levels: Bi-Level
View
Has a ViewView: Neighborhood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: NoneExterior: Rain Gutters
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Additional Parking,Detached,Paved,Heated Garage,Garage Door Opener
Frontage
Road Surface Type: Asphalt
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1132

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 451013255012.000034

Price & Status

Price
List Price: $299,900

Location

Direction & Address
City: DyerCommunity: Pheasant Hill
School Information
Elementary School: George Bibich Elementary SchoolJr High / Middle School: Kahler Middle SchoolHigh School: Lake Central High SchoolHigh School District: Lake Central

Building

Building Area
Building Area: 1908 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.31 acres

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, VA Loan, FHA, Conventional

Miscellaneous

Mls Number: 804100Above Grade Unfinished Area: 1132Below Grade Unfinished Area: 280

Price and Tax history

DateEventPrice
Aug 9, 2024
Source: NIRA as distributed by MLS GRID #804100
Sold
$301,000
Jun 11, 2024
Source: NIRA as distributed by MLS GRID #804100
PriceChange
$299,900
Price decreased by 3%
May 22, 2024
Source: NIRA as distributed by MLS GRID #804100
Listed For Sale
$309,900

Market trends in Dyer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$320K
$8.32K
MoM
Sale-to-List Price
99.5%
0.5%
MoM
Price per sq ft
$186
$3
MoM
Available listings
72
16
MoM

What Locals Say about Dyer

At least 113 Trulia users voted on each feature.
  • 91 % Say parking is easy

  • 91 % Say it's dog friendly

  • 89 % Say yards are well-kept

  • 89 % Say car is needed

  • 81 % Say there's holiday spirit

  • 78 % Say there are sidewalks

  • 76 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 75 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 65 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 58 % Say neighbors are friendly

  • 49 % Say it's walkable to restaurants

  • 41 % Say there are community events

  • 38 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Qnwr64ycmc
    "I work from home so I do not commute. The city is pretty far for commuting, but hopefully the new 2026 train will improve times."
  • Trulia User
    "Safe clean friendly people respectful . Diverse community, schools strict and safe loads of restaurants to choose from "
  • Ckm1134
    "Folks are very friendly and willing to assist you if needed. Great for walking and biking. Shopping is close by. Property tax is low as well as groceries tax. "
  • Melissa L.
    "It’s great !! Plan on moving here soon. My family all live in dyer. Nice, quiet, feel safe. Great schools."
  • Klompbrittany
    "This neighborhood has great schools and is very safe. I feel comfortable walking alone and I love the people in this community "
  • Klompbrittany
    "Dyer is central to almost anything and Is only a short commute to Chicago. The traffic isn’t horrible either. "
  • Klompbrittany
    "Dyer is unique because it is very family focused. It has great people and schools. This neighborhood is also very clean and safe."
  • Klcopenhaver
    "Easy access to 394 and 94. Perfect for work or leisure trips to Chicago. A typical 40 minute commute without traffic."
  • Florence P.
    "family orientated, good schools, wonderful parks and playgrounds pet friendly. safe neighborhoods, great places to eat."
  • Jordyn S.
    "I've lived in this neighborhood for 13 years and it's been a wonderful neighborhood. It's convenient and located near most things. Traffic is busier due to growth in the area but the town is making adjustments for the influx. "
  • PR
    "Great community and neighbors. The schools are awesome my neighborhood in particular has lots of awesome parents, too."
  • Lily A.
    "Casey’s pizza! You won’t find pizza like this anywhere else. This neighborhood is only minutes away from convenience."
  • Bryan_surdy
    "Great access to expressways. Great school systems. Shopping close by. Only 40 minuets from Chicago. "
  • Krissywarner
    "moderately accommodating park district. ok schools. low crime. close to Illinois border for commute. moderate amount of activities in nearby cities"
  • Victoriawilliams624
    "I’ve lived in the area for a few years and love it. Everyone keeps to themselves however I very friendly. Love the schools and the park that’s near by. "
  • Jonathon g.
    "Clubhouse is great,everything is so close. Neighbors are great, a lot of them work for law enforcement. Lakes are great too"
  • Victoriawilliams624
    "I’ve lived in the area for over 3 years and love it. The neighborhood is quite with beautiful trees and a great park near by for my kids to play at. "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-05 15:27:48 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 516 Cherry Hill Rd

  • What is 516 Cherry Hill Rd estimated to be worth?
    Trulia's estimated value for 516 Cherry Hill Rd in Dyer, IN is $319,800.
  • What is the price history for 516 Cherry Hill Rd?
    516 Cherry Hill Rd in Dyer, IN last sold for $301,000 in August 2024.
  • Is Dyer a buyer's or seller's market?
    Dyer is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Dyer?
    The median sale price in Dyer is $320K. That is down $8.32K from the prior month.
  • Does 516 Cherry Hill Rd have laundry facilities?
    Yes, 516 Cherry Hill Rd in Dyer, IN has in-unit laundry.
  • How big is the lot at 516 Cherry Hill Rd?
    The lot at 516 Cherry Hill Rd in Dyer, IN is about 0.31 acres (13,504 sq ft).

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