NOT LISTED FOR SALE

1350 E 83rd Ave Merrillville, IN 46410

East Merrillville Neighborhood

Estimated Value: $3,653,738

-- Bed
-- Bath
33,676 Sq Ft
$108/Sq Ft Est. Value

About This Home

This home is located at 1350 E 83rd Ave, Merrillville, IN 46410 and is currently estimated at $3,653,738, approximately $108 per square foot. 1350 E 83rd Ave is a home located in Lake County with nearby schools including John Wood Elementary School, Merrillville Intermediate School, and Pierce Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Sro Hotel Llc
Bought by
Sun Hotel Inc
Current Estimated Value
$3,653,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$2,911,194
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$735,483

Purchase Details

Closed on
Feb 15, 2022
Sold by
Sro Hotel Llc
Bought by
Sun Hotel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$2,911,194
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$735,483

Purchase Details

Closed on
Oct 17, 2018
Sold by
Sun Hospitality Llc
Bought by
Sro Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Aug 25, 2016
Sold by
Nvp Llc
Bought by
Sun Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,216,200
Interest Rate
3.45%
Mortgage Type
Commercial
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
Sun Hotel Inc -- Chicago Title
Sun Hotel Inc -- Chicago Title
Sro Hotel Llc -- Chicago Title Ins Co
Sun Hospitality Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Hotel Inc $3,100,000
Closed Sun Hotel Inc $3,100,000
Previous Owner Sro Hotel Llc $285,000
Previous Owner Sun Hospitality Llc $2,216,200
Previous Owner Nvp Llc $1,745,000
Source: Public Records

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 $56,778 $2,473,600 $578,700 $1,894,900
2023 $44,485 $2,423,200 $578,700 $1,844,500
2022 $44,485 $2,129,500 $578,700 $1,550,800
2021 $48,146 $2,291,000 $578,700 $1,712,300
2020 $46,486 $2,236,100 $578,700 $1,657,400
2019 $47,098 $2,145,200 $578,700 $1,566,500
2018 $49,041 $2,126,700 $578,700 $1,548,000
2017 $49,970 $2,094,900 $578,700 $1,516,200
2016 $30,561 $1,336,400 $578,700 $757,700
2014 $27,769 $1,306,800 $580,200 $726,600
2013 $28,823 $1,301,100 $580,200 $720,900
Source: Public Records

Map

Indiana Lake County Merrillville 46410 East Merrillville

1350 E 83rd Ave, Merrillville, IN

This home is located at 1350 E 83rd Ave, Merrillville, IN 46410 and is currently estimated at $3,653,738, approximately $108 per square foot. 1350 E 83rd Ave is a home located in Lake County with nearby schools including John Wood Elementary School, Merrillville Intermediate 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.

Nearby Homes