126 E 73rd Ave Merrillville, IN 46410
Turkey Creek NeighborhoodEstimated payment $2,808/month
Highlights
- No HOA
- 1-Story Property
- Central Air
About This Home
Excellent investment opportunity in Merrillville! 4-unit multifamily property features four approximately 680 sq. ft., 1 bed / 1bath units, with individual mechanicals including central air (tenants pay electric, gas) and in-unit laundry hookups. Current rents below market: two units at 880/month, one vacant unit previously rented for 925/month, and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, furnace in Unit 3. Vacant unit freshly painted; seller will be marketing for rent at 1150. Great upside and location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,325
Year Built
- Built in 1966
Home Design
- Quadruplex
Interior Spaces
- 2,720 Sq Ft Home
- 1-Story Property
- Gas Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Parking
- 8 Parking Spaces
- Off-Street Parking
Additional Features
- 16,466 Sq Ft Lot
- Central Air
Listing and Financial Details
- The owner pays for exterior maintenance, water, trash collection, taxes, sewer, snow removal, roof maintenance, repairs, insurance, grounds care
- Assessor Parcel Number 451215152026000030
Community Details
Overview
- No Home Owners Association
- 4 Units
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,192 | $382,200 | $154,900 | $227,300 |
| 2024 | $5,333 | $368,000 | $154,900 | $213,100 |
| 2023 | $4,557 | $227,600 | $154,900 | $72,700 |
| 2022 | $4,557 | $227,800 | $154,900 | $72,900 |
| 2021 | $4,449 | $222,400 | $154,900 | $67,500 |
| 2020 | $4,522 | $226,100 | $154,900 | $71,200 |
| 2019 | $5,250 | $222,800 | $154,900 | $67,900 |
| 2018 | $5,485 | $220,200 | $154,900 | $65,300 |
| 2017 | $5,658 | $220,200 | $154,900 | $65,300 |
| 2016 | $5,390 | $220,400 | $154,900 | $65,500 |
| 2014 | $4,828 | $227,200 | $154,900 | $72,300 |
| 2013 | $4,911 | $221,700 | $154,900 | $66,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | For Sale | $399,900 | +11.1% | $147 / Sq Ft | |
| 06/20/2023 06/20/23 | Sold | $360,000 | 0.0% | $132 / Sq Ft | View Prior Sale |
| 05/21/2023 05/21/23 | Pending | -- | -- | -- | |
| 01/16/2023 01/16/23 | For Sale | $360,000 | -- | $132 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Indiana Title Network Co | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $269,960 | New Conventional | |
| Previous Owner | $147,000 | New Conventional | |
| Previous Owner | $147,200 | Commercial |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 842081
APN: 45-12-15-152-026.000-030
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Ask me questions while you tour the home.