NOT LISTED FOR SALE

1948 W 86th Ln Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $210,000 - $285,619

2 Beds
2 Baths
1,230 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $217,000 $176 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,574/month

147 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Home Security System
  • Landscaped

About This Home

As of March 2024

Beautiful 2 bedroom, 2 bath, ranch style 1/2 duplex in Maricopa Point of Sedona Subdivision. Features an open concept kitchen//living room. The sliding glass door to the patio is off the living room where you can step out to a beautifully landscaped yard. The main bedroom has a full bath and both spacious bedrooms have walk-in closets. The finished laundry/utility room is off the kitchen and is also the access to a 2-car attached garage. Ceramic tile flooring in the foyer, kitchen and bathrooms. Laminate hardwood flooring in the hallway. Oak cabinets & vanities, & six panel doors. Water heater is 3 yrs. old. Samsung kitchen appliances & Washer & Dryer included. This home comes with an ADT Security system. There is a shed located in the backyard for extra storage. Low Taxes! No additional monthly POA fees. Conveniently located near shopping, restaurants, parks, and highways.

Last Agent to Sell the Property

Linda Troxel

Listing Leaders License #RB14045810 Listed on: 09/03/2023

Listing Leaders

Last Buyer's Agent

Manny Hernandez

Simplify Your Move! Realty Inc License #RB14050711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 2002

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Property Attached
  • Brick Foundation

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 451229227029000030

Community Details

Overview

  • Property has a Home Owners Association
  • Sedonapoa@Yahoo.Com Association, Phone Number (219) 880-3573
  • Sedona Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped, Level, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA1690
  • Subdivision Name: Sedona
  • Above Grade Finished Sq Ft: 1230
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: Yes
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.13
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association Fee: 80
  • Association Name: Sedonapoa@yahoo.com
  • Phone: (219) 880-3573
  • Association: Yes

Lot Info

  • Lot Dimensions: .13
  • Lot Size Sq Ft: 5663
  • Parcel #: 451229227029000030

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2023
Closed on
Mar 6, 2024
Sold by
Foster Ruby D
Bought by
Gustafson Sara
Seller's Agent
Linda Troxel
Listing Leaders
Buyer's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$230,000
Sold Price
$217,000
Premium/Discount to List
-$13,000
-5.65%
Views
423
Current Estimated Value
$236,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,155
Avg. Annual Appreciation
5.72%
Original Mortgage
$173,600
Outstanding Balance
$170,745
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$65,410

Purchase Details

Listed on
Sep 3, 2023
Closed on
Mar 4, 2024
Sold by
Foster Ruby D
Bought by
Gustafson Sara
Seller's Agent
Linda Troxel
Listing Leaders
Buyer's Agent
Manny Hernandez
Simplify Your Move! Realty Inc
List Price
$230,000
Sold Price
$217,000
Premium/Discount to List
-$13,000
-5.65%
Views
423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Outstanding Balance
$170,745
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$65,410
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
Gustafson Sara -- Chicago Title Company
Gustafson Sara -- Chicago Title Company
Gustafson Sara $217,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Sara $173,600
Closed Gustafson Sara $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $217,000 -2.3% $176 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
10/07/2023 10/07/23 Price Changed $222,000 -0.4% $180 / Sq Ft
09/19/2023 09/19/23 Price Changed $222,900 -0.9% $181 / Sq Ft
09/14/2023 09/14/23 Price Changed $224,900 -2.2% $183 / Sq Ft
09/03/2023 09/03/23 For Sale $230,000 -- $187 / 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 $3,779 $190,400 $39,100 $151,300
2023 $1,328 $161,300 $37,900 $123,400
2022 $1,317 $146,600 $32,700 $113,900
2021 $1,108 $130,700 $30,600 $100,100
2020 $1,024 $125,400 $29,100 $96,300
2019 $1,381 $124,300 $28,500 $95,800
2018 $1,336 $117,700 $28,500 $89,200
2017 $1,242 $113,600 $28,500 $85,100
2016 $1,250 $114,100 $27,500 $86,600
2014 $888 $113,900 $27,200 $86,700
2013 $952 $115,700 $29,200 $86,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Troxel

    Seller's Agent in 2024

    Linda Troxel

    Listing Leaders

    (219) 616-4900

    1 in this area

    6 Total Sales

    Linda Troxel
    Section Image
  • Manny Hernandez

    Buyer's Agent in 2024

    Manny Hernandez

    Simplify Your Move! Realty Inc

    (219) 613-3567

    12 in this area

    412 Total Sales

    Manny Hernandez
    Section Image

  • M

    Buyer's Agent in 2024

    Manuel Hernandez

    Realty Executives

  • Leah Sadlowski

    Buyer Co-Listing Agent in 2024

    Leah Sadlowski

    Simplify Your Move! Realty Inc

    (219) 743-1342

    2 in this area

    69 Total Sales

    Leah Sadlowski
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 537915

Northwest Indiana Association of REALTORS®

APN: 45-12-29-227-029.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

1948 W 86th Ln, Merrillville, IN

This home is located at 1948 W 86th Ln, Merrillville, IN 46410 since 03 September 2023 and is currently estimated at $236,155, approximately $191 per square foot. This property was built in 2002. 1948 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.

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