NOT LISTED FOR SALE

221 W 53rd Place Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $226,000 - $308,000

3 Beds
3 Baths
3,386 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $129,900 $38 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,858/month

115 Days on Market

Highlights

  • Recreation Room
  • Great Room
  • 2 Car Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • Cooling Available

About This Home

As of February 2017

Merrillville -Tired of Renting? Own This Home For Less Than Rent! This Beautiful Brick & Stone Ranch Styled Home sits on a Quiet Tree-lined Street, Surrounded by Other Well Kept Homes with Well-Manicured Lawns! With 3 Bedrooms, 3 Bathrooms & Several Large Rooms including a Humongous Living Room off of the foyer with Picture Window, Separate Family Room with Fireplace and Sliding Glass Doors to the Back Covered Patio, Separate Dining Room Area adjacent and Open to Kitchen with Peninsula and Appliances! This Home is Clean! Wait there's more...There's Also a FINISHED BASEMENT! Game Night? Family Time? Pool table? Recreation Room offers a working Wet Bar & Kitchenette Area! Laundry, Storage and 3rd Bathroom are also found on this level! 2 Car Attached Garage + Shed = The Home You've Been Waiting For! Selling for LESS than Appraised Value!

Last Agent to Sell the Property

Lutrell Kirk

Kirk & Company Your Home Sold License #RB14035647 Listed on: 08/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 1967

Lot Details

  • 9,191 Sq Ft Lot
  • Lot Dimensions are 80 x 115
  • Landscaped
  • Paved or Partially Paved Lot
  • Zoning described as RESD

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 3,386 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Basement
  • Sump Pump
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Community Details

  • Meadowland Estates Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451204227008000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$965

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR1185
  • Subdivision Name: Meadowland Estates
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Stone
  • 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
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Common Rec Room, Finished Laundry Rm, Formal Dining, FP Living/Great Room, Great Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Patio, Storage Shed
  • Acres: 0.211

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Heated

Utilities

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

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 80 x 115
  • Lot Size Sq Ft: 9191
  • Parcel #: 451204227008000031
  • Zoning Description: RESD

Tax Info

  • Year: 2015
  • Tax Annual Amount: 965

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2021
Sold by
Young Peter E
Bought by
Young Peter E and Young Aisha M
Current Estimated Value
$269,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$155,695
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,159

Purchase Details

Listed on
Aug 12, 2016
Closed on
Feb 10, 2017
Sold by
Urban Bernice C
Bought by
Young Peter E
Seller's Agent
Lutrell Kirk
Kirk & Company Your Home Sold
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$127,546
Interest Rate
5.25%
Mortgage Type
FHA
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
Young Peter E -- Boston National Title Llc
Young Peter E -- Indiana Title Network Co
Urban Chester J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Peter E $48,000
Open Young Peter E $170,000
Closed Young Peter E $127,993
Closed Young Peter E $127,546
Previous Owner Urban Chester J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $129,900 0.0% $38 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $129,900 -- $38 / 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 $4,658 $201,400 $35,400 $166,000
2023 $1,781 $198,800 $34,300 $164,500
2022 $1,690 $173,300 $28,900 $144,400
2021 $1,287 $143,200 $25,500 $117,700
2020 $1,150 $134,100 $23,800 $110,300
2019 $1,255 $132,800 $23,600 $109,200
2018 $1,292 $130,400 $23,600 $106,800
2017 $1,145 $137,800 $23,600 $114,200
2016 $1,095 $133,700 $22,600 $111,100
2014 $1,026 $137,800 $23,600 $114,200
2013 $1,075 $138,100 $25,400 $112,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lutrell Kirk

    Kirk & Company Your Home Sold

    (219) 293-8494

    16 in this area

    207 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR399543

Northwest Indiana Association of REALTORS®

APN: 45-12-04-227-008.000-031

Indiana Lake County Merrillville 46410 North Merrillville

221 W 53rd Place, Merrillville, IN

This home is located at 221 W 53rd Place, Merrillville, IN 46410 since 12 August 2016 and is currently estimated at $269,854, approximately $79 per square foot. This property was built in 1967. 221 W 53rd Place is a home located in Lake County with nearby schools including Henry P Fieler 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