NOT LISTED FOR SALE

2721 W Lincoln Hwy Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $194,000 - $238,000

3 Beds
1.5 Baths
2,075 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $125,000 $60 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,513/month

56 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of December 2020

Terrific 3 BR/1.1 BA brick house on Route 30 would be an ideal home office or work from home opportunity. Zoning is grandfathered Residential but can be Commercial. Hardwood floors under carpet in LR. Full basement stays dry with sump pump & battery back-up. Detached garage & shed & additional storage. New Generac generator is negotiable with your excellent offer. Plenty of on-site parking. Access is from East bound Lincoln Hwy (Rt 30) just past Schepel GMC. Loaded with potential. As Is but excellent!

Last Agent to Sell the Property

Suzanne Stempinski

RE/MAX 10 Schererville License #RB14043776 Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $484

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74x150
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,075 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Steam

Community Details

  • Independence Hill 3Rd Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451220326001000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$484

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR465
  • Subdivision Name: Independence Hill 3rd Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 100
  • GNR_HeatSystem: Baseboard,Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Range Hood, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Storage Shed
  • Acres: 0.255

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, Side Drive

Utilities

  • Cooling Y N: No
  • Heating: Steam

Lot Info

  • Lot Dimensions: 74x150
  • Lot Size Sq Ft: 11108
  • Parcel #: 451220326001000030

Tax Info

  • Year: 2019
  • Tax Annual Amount: 484

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 9, 2020
Sold by
Martinez Louis and Santos Yolanda
Bought by
Helen M Martinez Living Trust
Seller's Agent
Suzanne Stempinski
RE/MAX 10 Schererville
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$214,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,035
Avg. Annual Appreciation
10.45%
Original Mortgage
$87,500
Outstanding Balance
$66,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$132,481
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Helen M Martinez Living Trust -- Greater Indiana Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Louis $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $125,000 0.0% $60 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $125,000 -- $60 / 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 $4,164 $178,000 $25,600 $152,400
2023 $148 $177,700 $25,100 $152,600
2022 $144 $156,900 $21,500 $135,400
2021 $134 $140,300 $20,100 $120,200
2020 $103 $118,100 $19,100 $99,000
2019 $484 $116,000 $18,700 $97,300
2018 $501 $112,700 $18,700 $94,000
2017 $453 $111,700 $18,700 $93,000
2016 $501 $111,700 $18,000 $93,700
2014 $117 $110,400 $17,800 $92,600
2013 $129 $110,900 $19,200 $91,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Suzanne Stempinski

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR482982

Northwest Indiana Association of REALTORS®

APN: 45-12-20-326-001.000-030

Indiana Lake County Merrillville 46410 West Merrillville

2721 W Lincoln Hwy, Merrillville, IN

This home is located at 2721 W Lincoln Hwy, Merrillville, IN 46410 since 06 October 2020 and is currently estimated at $216,362, approximately $104 per square foot. This property was built in 1961. 2721 W Lincoln Hwy is a home located in Lake County with nearby schools including Jonas E. Salk 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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