NOT LISTED FOR SALE

1938 W 86th Ln Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $204,000 - $279,577

3 Beds
2 Baths
1,240 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $225,000 $181 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,642/month

44 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • Forced Air Heating System
  • Cooling Available
  • Living Room
  • Paved or Partially Paved Lot

About This Home

As of April 2023

Schedule your showing today for this beautiful townhome in the Sedona subdivision of Merrillville. Freshly renovated with new carpet, vinyl flooring, updated bathrooms, paint throughout and a nice stainless steel kitchen appliance package. Home comes with washer and dryer as well. Nice patio for outdoor summer fun. Priced to sell.

Last Agent to Sell the Property

Cory Rainey

Premier Midwest Realty, INC License #RB20000282 Listed on: 02/07/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 2002

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45 x 125

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Half Duplex
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451229227031000030

Community Details

Overview

  • Maricopa Pointe Subdivision

Building Details

  • Net Lease

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,117

Year Built

Built in 2002

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1400
  • Subdivision Name: Maricopa Pointe
  • Architectural Style: Townhouse
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 80
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_PropertySubType2: Half Duplex
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: None
  • Basement YN: No
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.13

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 45 x 125
  • Lot Size Sq Ft: 5663
  • Parcel #: 451229227031000030

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1117

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 7, 2023
Sold by
Premier Plus Properties Llc
Bought by
Nguyen Diem Thi
Seller's Agent
Cory Rainey
Premier Midwest Realty, INC
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$232,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,394
Avg. Annual Appreciation
2.39%
Original Mortgage
$180,000
Outstanding Balance
$175,411
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$62,651

Purchase Details

Closed on
Jan 19, 2023
Sold by
Sheriff Of Lake County
Bought by
Premier Plus Properties Llc and Sedona Property Owners Association Inc

Purchase Details

Closed on
Nov 18, 2005
Sold by
Franklin Brandon J
Bought by
Ford Kathy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
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
Nguyen Diem Thi $225,000 Chicago Title
Premier Plus Properties Llc $155,000 --
Ford Kathy E -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Diem Thi $180,000
Previous Owner Ford Kathy E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $225,000 -9.6% $181 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $249,000 -- $201 / 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 $4,464 $191,100 $39,100 $152,000
2023 $1,325 $190,500 $37,900 $152,600
2022 $1,325 $147,200 $32,700 $114,500
2021 $1,117 $131,400 $30,600 $100,800
2020 $1,034 $126,100 $29,100 $97,000
2019 $1,390 $124,900 $28,500 $96,400
2018 $1,346 $118,300 $28,500 $89,800
2017 $1,263 $114,900 $28,500 $86,400
2016 $1,271 $115,400 $27,500 $87,900
2014 $902 $114,900 $27,200 $87,700
2013 $966 $116,700 $29,200 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Cory Rainey

    Seller's Agent in 2023

    Cory Rainey

    Premier Midwest Realty, INC

    (708) 677-2453

    2 in this area

    88 Total Sales

    Cory Rainey
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525822

Northwest Indiana Association of REALTORS®

APN: 45-12-29-227-031.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

1938 W 86th Ln, Merrillville, IN

This home is located at 1938 W 86th Ln, Merrillville, IN 46410 since 07 February 2023 and is currently estimated at $232,394, approximately $187 per square foot. This property was built in 2002. 1938 W 86th Ln is a home located in Lake County with nearby schools including Homer Iddings 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.

Nearby Homes