NOT LISTED FOR SALE

1240 W 56th Ave Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $212,000 - $241,348

3 Beds
1 Bath
2,160 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $90,500 $42 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,623/month

9 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Cooling Available
  • Ranch Style House
  • Country Kitchen
  • Living Room

About This Home

As of November 2018

Charming 2 bedroom ranch with basement in excellent location. Hardwood floor under carpet in living room. Country kitchen with laminated wood floor, pantry, range, refrigerator and microwave. All 3 bedrooms have hardwood floors. Ceiling fans in all rooms. L-shaped rec room in basement. 2 car garage with breezeway to house. Recent updates are brand new water heater, new windows are 2 years old, new roof in 2015 and new gutters 4 years old. Fenced rear yard, low taxes. Schedule your showing today!

Last Agent to Sell the Property

Paul Bremer

BHHS Executive Realty License #RB14005449 Listed on: 10/11/2018

BHHS Executive Realty

Last Buyer's Agent

Michelle Cowling

@properties/Christie's Intl RE License #RB14039517

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $803

Year Built

  • Built in 1956

Lot Details

  • 9,540 Sq Ft Lot
  • Lot Dimensions are 80x119
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Shaker Style Exterior
  • Cedar Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Living Room
  • Recreation Room
  • Natural lighting in basement

Kitchen

  • Country Kitchen
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Community Details

  • Meadowdale Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451204155026000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$803

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Satellite Dish
  • Co List Office Mls Id: GNR368
  • Subdivision Name: Meadowdale Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Cedar,Shakes
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Common Rec Room, Country Kitchen, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Daylight
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, Other
  • Acres: 0.219

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 80x119
  • Lot Size Sq Ft: 9540
  • Parcel #: 451204155026000031
  • Zoning Description: Residential

Tax Info

  • Year: 2017
  • Tax Annual Amount: 803

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Thomas Kolbe Elliott
Bought by
Choice Indiana Rentals Llc
Current Estimated Value
$229,837

Purchase Details

Closed on
Feb 5, 2019
Sold by
Dakota Properties Llc
Bought by
Kolbe Elliott Thomas

Purchase Details

Listed on
Oct 11, 2018
Closed on
Nov 1, 2018
Sold by
Fabian Gregory
Bought by
Dakota Properties Llc
Seller's Agent
Paul Bremer
BHHS Executive Realty
Buyer's Agent
Michelle Cowling
@properties/Christie's Intl RE
List Price
$90,500
Sold Price
$90,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$101,250
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Choice Indiana Rentals Llc -- None Listed On Document
Kolbe Elliott Thomas -- Indiana Title Network Co
Dakota Properties Llc -- Heartland Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dakota Properties Llc $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $90,500 0.0% $42 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $90,500 -- $42 / 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 $4,377 $185,800 $36,100 $149,700
2023 $3,284 $186,800 $35,000 $151,800
2022 $3,284 $164,200 $29,400 $134,800
2021 $2,710 $135,500 $26,000 $109,500
2020 $2,564 $128,200 $24,300 $103,900
2019 $2,774 $128,100 $24,100 $104,000
2018 $795 $90,900 $24,100 $66,800
2017 $803 $90,600 $24,100 $66,500
2016 $792 $92,600 $23,100 $69,500
2014 $675 $93,900 $24,100 $69,800
2013 $714 $94,600 $25,900 $68,700
Source: Public Records

Agents Affiliated with this Home

  • Paul Bremer

    Seller's Agent in 2018

    Paul Bremer

    BHHS Executive Realty

    (219) 775-6168

    1 in this area

    12 Total Sales

    Section Image
  • Michelle Cowling

    Buyer's Agent in 2018

    Michelle Cowling

    @ Properties

    (219) 306-0573

    1 in this area

    144 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR444207

Northwest Indiana Association of REALTORS®

APN: 45-12-04-155-026.000-031

Indiana Lake County Merrillville 46410 North Merrillville

1240 W 56th Ave, Merrillville, IN

This home is located at 1240 W 56th Ave, Merrillville, IN 46410 since 11 October 2018 and is currently estimated at $229,837, approximately $106 per square foot. This property was built in 1956. 1240 W 56th Ave 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.

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