126 E 73rd Ave Merrillville, IN 46410
Turkey Creek NeighborhoodEstimated payment $2,808/month
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 (new tenant lined up), and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, HVAC in Unit 3. Great upside and location.
Listing Agent
A.R.E. Partners Inc. Brokerage Phone: (312) 339-7655 License #471002284 Listed on: 07/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,325
Year Built
- Built in 1966
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- Parking Available
Additional Features
- Lot Dimensions are 50 x 185
- Heating System Uses Natural Gas
Community Details
- 4 Units
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 |
|---|---|---|---|---|---|
| 08/19/2026 08/19/26 | Pending | -- | -- | -- | |
| 07/09/2026 07/09/26 | For Sale | $399,900 | +11.1% | -- | |
| 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: Midwest Real Estate Data (MRED)
MLS Number: 12701659
APN: 45-12-15-152-026.000-030
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Ask me questions while you tour the home.