Seller's Agent in 2023
Julie Bapst
Keller Williams ONEChicago
(219) 384-2559
1 in this area
73 Total Sales
322 W 55th Ave Merrillville, IN 46410
North Merrillville NeighborhoodEstimated Value: $195,000 - $247,000
3
Beds
2
Baths
1,940
Sq Ft
$118/Sq Ft
Est. Value
Highlights
- No HOA
- Home Security System
- Forced Air Heating System
- Cooling Available
- Landscaped
- Fenced
About This Home
As of October 2023PRICE REDUCTION! This 3bd/2bath quad tucked back in Meadowlands subdivision has 3 levels of living space plus an unfinished basement allowing for plenty of storage. The extra wide lot has large fenced in yard with storage shed. Conveniently located close to shopping, dining and expressways this home is waiting for new owners to add their own updates and personal touches. Freshly painted with lots of potential this is a wonderful starter home or investment property. Plenty of room to add a garage to gain instant equity. Taxes have no exemptions and will be cut in half when owner occupied. Home values in this neighborhood have seen consistent above average market increases and inventory remains extremely low. Motivated sellers have reduced priced. Still time to get in as the new school year begins.
Last Agent to Sell the Property
Keller Williams ONEChicago Brokerage Phone: 219-384-2559 License #RB14050696 Listed on: 07/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,971
Year Built
- Built in 1961
Lot Details
- 9,191 Sq Ft Lot
- Lot Dimensions are 80x115
- Fenced
- Landscaped
- Paved or Partially Paved Lot
- Level Lot
Home Design
- Quad-Level Property
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- 1,940 Sq Ft Home
- Basement
- Sump Pump
- Home Security System
Kitchen
- Portable Gas Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Storage Shed
Schools
- Lake Central High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 451204230014000031
Community Details
Overview
- No Home Owners Association
- Meadowland Estates #2 Subdivision
Building Details
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2023
Closed on
Oct 4, 2023
Sold by
Real Rb Solutions Llc
Bought by
Sims Kendra
Seller's Agent
Julie Bapst
Keller Williams ONEChicago
List Price
$234,900
Sold Price
$217,400
Premium/Discount to List
-$17,500
-7.45%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,617
Avg. Annual Appreciation
2.84%
Original Mortgage
$213,462
Outstanding Balance
$210,000
Interest Rate
7.62%
Mortgage Type
FHA
Estimated Equity
$19,017
Purchase Details
Listed on
Nov 29, 2012
Closed on
Jan 9, 2013
Sold by
Fannie Mae
Bought by
Real Rb Solutions Llc
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Dave Wilkerson
Integrity Realty Partners
List Price
$43,907
Sold Price
$43,907
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Purchase Details
Closed on
Oct 25, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 5, 2012
Sold by
Thomas Laray
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Nov 10, 2006
Sold by
Peters Marlene M
Bought by
Thomas Laray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sims Kendra | $217,400 | First American | |
| Real Rb Solutions Llc | -- | Meridian Title Llc | |
| Federal National Mortgage Association | -- | None Available | |
| Wells Fargo Bank Na | $99,000 | None Available | |
| Thomas Laray | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sims Kendra | $213,462 | |
| Previous Owner | Thomas Laray | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2023 10/05/23 | Sold | $217,400 | -7.4% | $112 / Sq Ft |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $234,900 | +435.0% | $121 / Sq Ft |
| 01/10/2013 01/10/13 | Sold | $43,907 | 0.0% | $23 / Sq Ft |
| 01/02/2013 01/02/13 | Pending | -- | -- | -- |
| 11/29/2012 11/29/12 | For Sale | $43,907 | -- | $23 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $3,796 | $198,400 | $35,400 | $163,000 |
| 2023 | $2,818 | $162,000 | $34,300 | $127,700 |
| 2022 | $2,818 | $140,900 | $28,900 | $112,000 |
| 2021 | $2,396 | $119,800 | $25,500 | $94,300 |
| 2020 | $2,244 | $112,200 | $23,800 | $88,400 |
| 2019 | $2,373 | $111,000 | $23,600 | $87,400 |
| 2018 | $2,500 | $109,100 | $23,600 | $85,500 |
| 2017 | $2,526 | $108,300 | $23,600 | $84,700 |
| 2016 | $2,387 | $108,100 | $22,600 | $85,500 |
| 2014 | $2,380 | $112,000 | $23,600 | $88,400 |
| 2013 | $2,492 | $112,500 | $25,400 | $87,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
Joseph Dellecarto
Listing Leaders Northwest
(219) 613-5867
16 Total Sales
-
M
Seller's Agent in 2013
Michele O'Connor
RE/MAX
-
D
Buyer's Agent in 2013
Dave Wilkerson
Integrity Realty Partners
(847) 774-5743
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR532514
APN: 45-12-04-230-014.000-031
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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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