NOT LISTED FOR SALE

1001 W 56th Place Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $186,000 - $198,000

3 Beds
1 Bath
1,748 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $157,000 $90 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,360/month

33 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • 2.5 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Screened Patio

About This Home

As of March 2023

This is the one, this can be your dream home! All brick, 3 bedroom ranch, full basement (water proofing system was installed in 2015), basement plumbed for toilet. Huge 1/2 acre, wooded corner lot. Large back yard screened-in porch to enjoy Spring, Summer and Fall listening to the birds and views of the trees or sit on your patio enjoying your morning coffee. Hardwood floors and natural light throughout the house. Beautiful bathroom remodel 2020. Good location for shopping, dining or your reverse commute back to Chicago! Great bones in this house, give it some TLC and you'll be a very happy home owner. There is so much potential in this home!Home is being sold AS IS. Please use AS IS addendum when submitting your offer.

Last Agent to Sell the Property

Lizanne Pilot

Coldwell Banker Realty License #RB19000639 Listed on: 01/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Tracia Hill

Coldwell Banker Realty License #RB21002830

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Corner Lot
  • Wooded Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Basement

Kitchen

  • Gas Range
  • Portable Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 451204179006000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,079

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Wooded, Paved, Open Lot
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA166
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1148
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Washer, Portable Dishwasher, Refrigerator, Gas Range, Dryer
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry, Sump Pump
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.336
  • Construction Type: Brick
  • Patio And Porch Features: Patio, Screened

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 21670
  • Lot Size Sq Ft: 14636
  • Parcel #: 451204179006000030

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 22, 2023
Sold by
Walker Sheila L
Bought by
Harris Caroline
Seller's Agent
Lizanne Pilot
Coldwell Banker Realty
Buyer's Agent
Tracia Hill
Coldwell Banker Realty
List Price
$180,000
Sold Price
$157,000
Premium/Discount to List
-$23,000
-12.78%
Current Estimated Value
$192,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,738
Avg. Annual Appreciation
9.26%
Original Mortgage
$144,440
Outstanding Balance
$140,991
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$52,847
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harris Caroline $157,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Caroline $144,440
Previous Owner Walker Sheila L $24,218
Previous Owner Walker Sheila L $91,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $157,000 -12.8% $90 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $180,000 -- $103 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,658 $158,500 $44,500 $114,000
2023 $1,209 $156,100 $43,200 $112,900
2022 $1,209 $136,800 $36,300 $100,500
2021 $916 $114,800 $32,100 $82,700
2020 $809 $107,600 $30,000 $77,600
2019 $915 $105,700 $29,700 $76,000
2018 $940 $104,000 $29,700 $74,300
2017 $940 $103,000 $29,700 $73,300
2016 $889 $102,500 $28,500 $74,000
2014 $844 $108,800 $29,700 $79,100
2013 $897 $110,000 $32,000 $78,000
Source: Public Records

Agents Affiliated with this Home

  • Lizanne Pilot

    Seller's Agent in 2023

    Lizanne Pilot

    Coldwell Banker Realty

    (954) 263-7811

    2 in this area

    95 Total Sales

    Section Image
  • Tracia Hill

    Buyer's Agent in 2023

    Tracia Hill

    Coldwell Banker Realty

    2 in this area

    32 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 524221

Northwest Indiana Association of REALTORS®

APN: 45-12-04-179-006.000-030

Indiana Lake County Merrillville 46410 North Merrillville

1001 W 56th Place, Merrillville, IN

This home is located at 1001 W 56th Place, Merrillville, IN 46410 since 06 January 2023 and is currently estimated at $192,429, approximately $110 per square foot. This property was built in 1954. 1001 W 56th Place is a home located in Lake County with nearby schools including Merrillville Intermediate School, Edgar L Miller Elementary School, and Pierce Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes