NOT LISTED FOR SALE

1848 E 87th Ave Merrillville, IN 46410

East Merrillville Neighborhood

Estimated Value: $332,000 - $460,000

4 Beds
3.5 Baths
3,268 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $300,000 $92 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,874/month

4 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Country Kitchen
  • Recreation Room
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of April 2021

PREPARE TO BE AMAZED at this impeccably maintained 2 story home with a huge finished basement and 2 car-garage. 4 bedrooms, 3.5 bath over 3,000+ SF, Fireplace, LARGE great room with VAULTED CEILINGS that flows into the formal dining room, with adjoining office. The kitchen has an eat in breakfast area that overlooks the back yard and goes out to a deck, perfect for cooking out. The main level also includes a rec room with a fireplace. The upper level has a large master bedroom with a master bath and two additional bedrooms with large closets and another office area. The basement has another bedroom area and a huge rec room for entertaining which walks out to the back yard. VERY VERY Close to shopping and dining, and the expressway. Setup your private showing today!!!

Last Agent to Sell the Property

Eric Lopez

RE/MAX Realty Associates License #RB14044362 Listed on: 03/05/2021

RE/MAX Realty Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1995

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 68x110
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,268 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Country Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Cumberland Ridge Ph 02 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451226101026000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR337
  • Subdivision Name: Cumberland Ridge Ph 02
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Hood, Gas Range
  • Interior Amenities: Cathedral/Vaulted Ceiling, Common Rec Room, Country Kitchen, Finished Laundry Rm, Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Laundry
  • Basement: Walk Out
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Barrier Free Access, Deck, Patio
  • Acres: 0.172

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Off Street

Utilities

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

Lot Info

  • Lot Dimensions: 68x110
  • Lot Size Sq Ft: 7492
  • Parcel #: 451226101026000030

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3000

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 13, 2021
Sold by
Onuselogu Vayahn and Onuselogu Bryan
Bought by
King Aaron and Ivy Shante
Seller's Agent
Eric Lopez
RE/MAX Realty Associates
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$391,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,772
Avg. Annual Appreciation
6.33%
Original Mortgage
$294,566
Outstanding Balance
$267,313
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$124,459

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 14, 2018
Sold by
Olson Property Services Inc
Bought by
Onuselogu Vayahn and Onuselogu Bryan
Seller's Agent
Karl Holleworth
Listing Leaders
List Price
$242,500
Sold Price
$242,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$223,250
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2017
Sold by
Wells Fargo Bank N A
Bought by
Olson Property Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 4, 2017
Sold by
Morana Marilyn V
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jan 17, 2009
Sold by
Harris Bryan and Harris Kimberly A
Bought by
Morana Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.85%
Mortgage Type
FHA
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
King Aaron $300,000 Fidelity National Title
Onuselogu Vayahn -- Indiana Title Network Co
Olson Property Services Inc -- None Available
Wells Fargo Bank N A $143,250 None Available
Morana Marilyn -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Aaron $294,566
Previous Owner Onuselogu Vayahn $223,250
Previous Owner Olson Property Serces Inc $160,000
Previous Owner Morana Marilyn $22,572
Previous Owner Morana Marilyn $171,830
Previous Owner Harris Bryan $152,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $300,000 0.0% $92 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $300,000 +23.7% $92 / Sq Ft
03/14/2018 03/14/18 Sold $242,500 0.0% $74 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $242,500 -- $74 / 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 $8,873 $379,100 $52,200 $326,900
2023 $3,787 $378,700 $50,700 $328,000
2022 $3,319 $331,900 $42,600 $289,300
2021 $2,873 $287,300 $39,800 $247,500
2020 $2,652 $265,200 $37,900 $227,300
2019 $3,001 $252,000 $35,100 $216,900
2018 $3,034 $236,900 $35,100 $201,800
2017 $2,373 $182,500 $35,100 $147,400
2016 $2,808 $186,600 $33,700 $152,900
2014 $1,920 $188,600 $33,400 $155,200
2013 $2,024 $190,200 $35,900 $154,300
Source: Public Records

Agents Affiliated with this Home

  • Eric Lopez

    Seller's Agent in 2021

    Eric Lopez

    RE/MAX

    (219) 798-3181

    1 in this area

    71 Total Sales

    Eric Lopez
    Section Image

  • K

    Seller's Agent in 2018

    Karl Holleworth

    Listing Leaders

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR488889

Northwest Indiana Association of REALTORS®

APN: 45-12-26-101-026.000-030

Indiana Lake County Merrillville 46410 East Merrillville

1848 E 87th Ave, Merrillville, IN

This home is located at 1848 E 87th Ave, Merrillville, IN 46410 since 05 March 2021 and is currently estimated at $391,772, approximately $119 per square foot. This property was built in 1995. 1848 E 87th 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.

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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