NOT LISTED FOR SALE

3959 W 73rd Ave Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $458,000 - $500,000

10 Beds
8 Baths
4,864 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 11, 2012

Last sale price $185,000 $38 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,118/month

162 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

Great Investment Opportunity! An investment that is proven profitable by current owner-steady occupancy(2) 3 bedroom, 1 1/2 bath units and (2) 2 bedroom 1 1 /2 bath units. All have laundry hook-ups in each unit. Tenants pay own utilities. Schedule today for investors or the buyer that wants to live in one and benefit from the other 3 units to make income. Roof is approx. 5 years old. Owner provides sewer and scavenger. Privacy patios and extra parking for convenience.

Last Agent to Sell the Property

Tami Pelton

BHHS Executive Realty License #RB14008673 Listed on: 06/14/2012

Last Buyer's Agent

Julie Bapst

Keller Williams ONEChicago License #RB14050696

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1987

Lot Details

  • 0.42 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • 4,864 Sq Ft Home
  • Elevator
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Total Actual Rent $38,400
  • Rent includes trash collection
  • Assessor Parcel Number 451218327011000030

Community Details

Overview

  • 4 Units
  • Crescent Lake Subdivision

Building Details

  • Insurance Expense $2,100
  • Trash Expense $540
  • New Taxes Expense $6,948
  • Net Operating Income $23,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,818

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400
  • Co List Office Mls Id: NRA368
  • Subdivision Name: Crescent Lake
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 1080.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.42
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Fee Information

  • Trash Expense: 540

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: .42 AC
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Parcel #: 451218327011000030
  • ResoLotSizeUnits: Acres

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2100
  • Total Actual Rent: 38400

Tax Info

  • New Taxes Expense: 6948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Dec 10, 2012
Sold by
Chicoye Rigaud
Bought by
Holicz Walter and Holicz Beata
Seller's Agent
Tami Pelton
BHHS Executive Realty
Buyer's Agent
Julie Bapst
Keller Williams ONEChicago
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,000
Avg. Annual Appreciation
7.72%
Source: Public Records

Range of Values:

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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
Holicz Walter -- Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2012 12/11/12 Sold $185,000 0.0% $38 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $185,000 -- $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 $6,818 $292,200 $77,400 $214,800
2023 $5,772 $291,000 $77,400 $213,600
2022 $5,772 $288,600 $77,400 $211,200
2021 $4,910 $245,500 $77,400 $168,100
2020 $4,632 $231,600 $42,600 $189,000
2019 $5,595 $231,600 $42,600 $189,000
2018 $6,302 $231,600 $42,600 $189,000
2017 $5,942 $231,600 $42,600 $189,000
2016 $5,746 $231,000 $42,600 $188,400
2014 $5,094 $239,700 $42,600 $197,100
2013 $5,301 $239,300 $42,600 $196,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tami Pelton

    BHHS Executive Realty

  • Julie Bapst

    Buyer's Agent in 2012

    Julie Bapst

    Keller Williams ONEChicago

    (219) 384-2559

    74 Total Sales

    Julie Bapst
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 309472

Northwest Indiana Association of REALTORS®

APN: 45-12-18-327-011.000-030

Indiana Lake County Merrillville 46410 West Merrillville

3959 W 73rd Ave, Merrillville, IN

This home is located at 3959 W 73rd Ave, Merrillville, IN 46410 since 14 June 2012 and is currently estimated at $479,000, approximately $98 per square foot. This property was built in 1987. 3959 W 73rd Ave is a home located in Lake County with nearby schools including Homer Iddings 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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