NOT LISTED FOR SALE

294 E 54th Ave Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $273,504 - $383,000

6 Beds
4 Baths
2,930 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $128,500 $44 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,054/month

143 Days on Market

Highlights

  • 1.5 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Home Security System

About This Home

As of December 2013

This beautifully landscaped, all brick, three unit with separate utilities features a 3 bedroom, two bath owners unit and two additional units... one two bedroom and a one bedroom. Main unit features over 1500 sq. ft. of living space, with a fireplace in the living room, newly refurbished kitchen, Florida room with hot tub, and storage shed. Attached garage has a wood burner. All appliances are included.

Last Agent to Sell the Property

Joe Moke

Weichert, Realtors-Moke Agency License #RB14023373 Listed on: 05/31/2013

Weichert, Realtors-Moke Agency

Last Buyer's Agent

Gladys Walsh

Heritage, Inc. License #RB14050931

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 18,295 Sq Ft Lot
  • Lot Dimensions are 150 x 126

Parking

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

Home Design

  • Brick Foundation

Interior Spaces

  • 2,930 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Home Security System
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $27,000
  • Assessor Parcel Number 451203102018000031

Community Details

Overview

  • 3 Units
  • Southlands Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $1,200
  • Trash Expense $200
  • New Taxes Expense $4,700
  • Gross Income $240
  • Net Operating Income $21,204

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.42 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Common Area, In Unit, Other
  • Road Surface Type: Gravel
  • ResoSecurityFeatures: Security System
  • Income And Expenses Maintenance Expense: 1200
  • Professional Management Expense: 1000
  • Co List Office Mls Id: NRA769
  • Subdivision Name: Southlands
  • Garage Yn: Yes
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.42
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Off Street
  • Total Parking Spaces: 6

Utilities

  • Utilities: Sewer Available
  • Cooling: Individual Units, Unit Control, Wall/Window Unit(s)
  • Heating: Forced Air, Individual Unit, Unit Control
  • Water Source: Public

Fee Information

  • Trash Expense: 200

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 150 X 126
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Parcel #: 451203102018000031
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 240
  • Insurance Expense: 1000
  • Total Actual Rent: 27000

Tax Info

  • New Taxes Expense: 4700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Nov 19, 2013
Sold by
Pulliam Willie D and Pulliam Amnuay
Bought by
Nelson Charles R
Seller's Agent
Joe Moke
Weichert, Realtors-Moke Agency
Buyer's Agent
Gladys Walsh
Heritage, Inc.
List Price
$128,500
Sold Price
$128,500
Current Estimated Value
$317,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,626
Avg. Annual Appreciation
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Charles R -- Northwest Indiana Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2013 12/06/13 Sold $128,500 0.0% $44 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $128,500 -- $44 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $4,302 $208,800 $27,600 $181,200
2024 $4,977 $207,700 $27,600 $180,100
2023 $3,614 $212,400 $26,900 $185,500
2022 $3,614 $180,700 $21,200 $159,500
2021 $3,174 $158,700 $20,100 $138,600
2020 $3,042 $152,100 $19,400 $132,700
2019 $3,097 $147,200 $18,800 $128,400
2018 $3,193 $141,300 $18,800 $122,500
2017 $3,225 $140,200 $18,800 $121,400
2016 $3,059 $140,600 $18,100 $122,500
2014 $3,128 $147,200 $19,000 $128,200
2013 $3,489 $157,500 $20,400 $137,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Moke

    Seller's Agent in 2013

    Joe Moke

    Weichert, Realtors-Moke Agency

    (219) 808-2400

    4 in this area

    118 Total Sales

    Joe Moke
    Section Image
  • Gladys Walsh

    Buyer's Agent in 2013

    Gladys Walsh

    Heritage, Inc.

    (219) 746-9672

    5 Total Sales

    Gladys Walsh
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 329531

Northwest Indiana Association of REALTORS®

APN: 45-12-03-102-018.000-031

Indiana Lake County Merrillville 46410 North Merrillville

294 E 54th Ave, Merrillville, IN

Not Listed for Sale

MultiFamily

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Northwest Indiana Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Based on information submitted to the MLS GRID

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