NOT LISTED FOR SALE

1602 E 73rd Ave Merrillville, IN 46410

Estimated Value: $261,000 - $292,000

3 Beds
2 Baths
1,840 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $240,000 $130 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,210/month

14 Days on Market

Highlights

  • Above Ground Pool
  • Cape Cod Architecture
  • Deck
  • 0.72 Acre Lot
  • Fireplace in Primary Bedroom
  • Pole Barn

About This Home

As of June 2021

Beautifully updated cape cod just waiting for you to make it your own! 3 bedrooms, with possible 4th in partially finished basement. Spacious sunroom just off the kitchen, gas fireplace in living room. Master bedroom features a wood fireplace, balcony and en-suite bathroom.Many recent cosmetic updates, including new paint on the steel siding, new gutters, fresh paint throughout much of the home, updated bathrooms and recently added front deck. Outside you'll find a fenced in yard, koi pond, lots of patio space, above ground pool and a 40x24 pole barn big enough for nearly 4 cars and a shop room! Roof is only 6 months old, furnace and AC only 1 year old. All appliances stay! Septic field was replaced and tank serviced 4 years ago. City of Hobart to be running sewers to home sometime in the next year, seller will pay for hook-up fees and is also offering a 1 year home warranty!

Last Agent to Sell the Property

Richard Larson

Listing Leaders Lifestyles, LL License #RB14052274 Listed on: 04/19/2021

Last Buyer's Agent

Shanna Schweitzer

Realty Executives Premier License #RB16001295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1941

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 100 x 314
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Deck
  • Patio
  • Pole Barn

Schools

  • John Wood Elementary School
  • Pierce Middle School
  • Merrillville High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Community Details

  • Rolling Acres Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451214301006000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Security System, Sump Pump
  • Co List Office Mls Id: GNR1690
  • Subdivision Name: Rolling Acres
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding,Steel
  • GNR_UnfinishedSquareFootage: 320
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Microwave, Range Hood, Refrigerator, Washer, Water Softener Owned, Other
  • Interior Amenities: FP Living/Great Room, FP Lower Level, FP Main Bedroom, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Sun Room
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Above Ground Pool, Balcony, Deck, Fence, Patio, Pole Barn
  • Acres: 0.721

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Pole Barn

Utilities

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

Schools

  • Junior High Dist: Merrillville
  • Middle Or Junior School: Pierce Middle School

Lot Info

  • Lot Dimensions: 100 x 314
  • Lot Size Sq Ft: 31407
  • Parcel #: 451214301006000046

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1431

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Merrillville High School
  • Elementary School: John Wood Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 4, 2021
Sold by
Manning Brian C
Bought by
Hoffman Lisa
Seller's Agent
Richard Larson
Listing Leaders Lifestyles, LL
Buyer's Agent
Shanna Schweitzer
Realty Executives Premier
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$279,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,972
Avg. Annual Appreciation
3.72%
Original Mortgage
$228,000
Outstanding Balance
$206,875
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,097

Purchase Details

Closed on
Feb 21, 2021
Sold by
Manning Brian C
Bought by
City Of Hobart
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
Hoffman Lisa $240,000 Chicago Title Ins Co
City Of Hobart -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Lisa $228,000
Previous Owner Manning Brian C $127,681
Previous Owner Manning Brian C $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $240,000 0.0% $130 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $240,000 -- $130 / 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 $8,218 $255,900 $31,500 $224,400
2023 $2,719 $257,300 $30,800 $226,500
2022 $2,561 $242,200 $28,000 $214,200
2021 $1,235 $119,400 $26,200 $93,200
2020 $1,145 $115,400 $25,200 $90,200
2019 $1,431 $115,800 $25,200 $90,600
2018 $1,472 $116,200 $25,200 $91,000
2017 $1,537 $116,000 $25,200 $90,800
2016 $1,507 $116,000 $24,200 $91,800
2014 $1,185 $115,500 $24,500 $91,000
2013 $1,205 $111,900 $25,300 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR491404

Northwest Indiana Association of REALTORS®

APN: 45-12-14-301-006.000-046