$287,000
SOLD JUN 24, 2016

2462 W 85th Ln Merrillville, IN 46410

West Merrillville Neighborhood
3 Beds
2.5 Baths
2,442 Sq Ft
0.25 Acres

Recently Sold

$118 Per Sq Ft

29 Days on Market

Highlights

  • Newly Remodeled
  • Cathedral Ceiling
  • Skylights
  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • 3 Car Attached Garage

About This Home

As of August 2022

Pre sold home. 3 bedroom Regency with 3 car garage, basement.Granite tops in kitchen, master suite features sitting room area, walk in closet, glamour bath with whirlpool and glass enclosed shower. Main floor family room w/ fireplace. Photos are of similar home. Some finishes vary. Living & dining rooms carpeted in subject property(no hardwood)

Last Agent to Sell the Property

Gail O'Donnell

Coldwell Banker Realty License #RB14051384 Listed on: 05/16/2016

Coldwell Banker Realty

Last Buyer's Agent

Brian Oster

@properties/Christie's Intl RE License #RB14047698

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 120
  • Level Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Dining Room
  • Recreation Room with Fireplace
  • 2 Fireplaces
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4512297033000030

Community Details

Overview

  • Waterford Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR166
  • Subdivision Name: Waterford
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 1300
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 240
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_NewConstruction: Never Occupied
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, FP Main Bedroom, FP Rec Room, Main Floor Laundry, Skylight(s), Whirlpool Tub
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2

Exterior Features

  • Exterior Features: Other
  • Acres: 0.25

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Fee: 20

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 75 x 120
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Parcel #: 4512297033000030
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 1, 2022
Sold by
Terrence Thomas
Bought by
Pagan Joel and Pagan Nelvys Vanessa
Seller's Agent
Brian Oster
@properties/Christie's Intl RE
List Price
$389,900
Sold Price
$389,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$289,000
Outstanding Balance
$276,323
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$168,175

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 14, 2016
Sold by
The Chicago Trust Co Na
Bought by
Thomas Terrence and Thomas Michelle Mcgashan
Seller's Agent
Gail O'Donnell
Coldwell Banker Realty
Buyer's Agent
Brian Oster
@properties/Christie's Intl RE
List Price
$287,000
Sold Price
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$261,497
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2008
Sold by
Waterford Infrastructure Llc
Bought by
First National Bank Of Illinois and Trust #6045
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Proper Title
Trustee Deed -- None Available
Warranty Deed -- Ticor Mo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,000 New Conventional
Previous Owner $244,041 FHA
Previous Owner $261,497 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $430,000 -1.8% $117 / Sq Ft
07/12/2025 07/12/25 Price Changed $438,000 -1.6% $119 / Sq Ft
05/22/2025 05/22/25 For Sale $445,000 +14.1% $121 / Sq Ft
08/31/2022 08/31/22 Sold $389,900 0.0% $157 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $389,900 +35.9% $157 / Sq Ft
06/24/2016 06/24/16 Sold $287,000 0.0% $118 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $287,000 -- $118 / 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 $9,326 $400,500 $56,700 $343,800
2023 $3,502 $398,000 $55,000 $343,000
2022 $3,502 $350,200 $47,100 $303,100
2021 $3,049 $304,900 $44,000 $260,900
2020 $2,892 $289,200 $41,900 $247,300
2019 $3,648 $291,700 $41,900 $249,800
2018 $4,111 $291,700 $41,900 $249,800
2017 $4,035 $290,200 $41,900 $248,300
2016 $84 $200 $200 $0
2014 $5 $200 $200 $0
2013 $5 $200 $200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Whitehead

    RE/MAX

  • B

    Seller's Agent in 2022

    Brian Oster

    @ Properties

  • G

    Seller's Agent in 2016

    Gail O'Donnell

    Coldwell Banker Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR393663

Northwest Indiana Association of REALTORS®

APN: 45-12-29-127-033.000-030

Indiana Lake County Merrillville 46410 West Merrillville

2462 W 85th Ln, Merrillville, IN

This home is located at 2462 W 85th Ln, Merrillville, IN 46410 and is currently priced at $287,000, approximately $117 per square foot. This property was built in 2016. 2462 W 85th Ln is a home located in Lake County with nearby schools including Jonas E. Salk Elementary School, Merrillville Intermediate School, and Pierce Middle School.

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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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