NOT LISTED FOR SALE

507 E 78th Ln Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $267,000 - $367,000

3 Beds
2.5 Baths
3,688 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $168,000 $46 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,152/month

13 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Cooling Available
  • Whirlpool Bathtub
  • Wet Bar
  • Living Room

About This Home

As of March 2017

WELCOME HOME! SPACIOUS ALL BRICK Ranch Home with Full Finished BASEMENT! Great Location with Great Space! Privacy Fence, Lovely Landscaping, Large Master Suite with Hot Tub in Master Bathroom, Modern Eat-In Kitchen-APPLIANCES INCLUDED! Basement Boasts with Family Room & Wet Bar! Much More... Set Your Appointment Today!

Last Agent to Sell the Property

Binika Henderson

Heritage Real Estate Services, License #RB14040519 Listed on: 02/21/2017

Last Buyer's Agent

George Slowinski

Real Property Realty, LLC. License #RB16000834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,688 Sq Ft Home
  • Wet Bar
  • Living Room
  • Basement

Kitchen

  • Portable Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Chapel Manor 03 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451222132004000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,778

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1359
  • Subdivision Name: Chapel Manor 03
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Wet Bar, Whirlpool Tub
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.258

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 90X125
  • Lot Size Sq Ft: 11238
  • Parcel #: 451222132004000030
  • Zoning Description: Residental

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1778

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 30, 2017
Sold by
Taylor Lashun
Bought by
Cathey Tamica
Seller's Agent
Binika Henderson
Heritage Real Estate Services,
Buyer's Agent
George Slowinski
Real Property Realty, LLC.
List Price
$168,000
Sold Price
$168,000
Current Estimated Value
$313,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,978
Avg. Annual Appreciation
7.72%
Original Mortgage
$171,612
Outstanding Balance
$142,951
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$171,027

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jan 20, 2012
Sold by
Fannie Mae
Bought by
Taylor Lashun
Seller's Agent
Michele O'Connor
RE/MAX 10 Schererville
Buyer's Agent
Frank Lopez
eXp Realty, LLC
List Price
$98,000
Sold Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$95,515
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2010
Sold by
Steele Paulette
Bought by
Federal National Mortgage Association
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
Cathey Tamica -- Fidelity National Title Co
Taylor Lashun -- None Available
Federal National Mortgage Association $120,395 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathey Tamica $171,612
Previous Owner Taylor Robert J $15,677
Previous Owner Taylor Lashun $95,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $168,000 0.0% $46 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $168,000 +71.4% $46 / Sq Ft
01/20/2012 01/20/12 Sold $98,000 0.0% $27 / Sq Ft
11/23/2011 11/23/11 Pending -- -- --
10/31/2011 10/31/11 For Sale $98,000 -- $27 / 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 $5,293 $227,600 $40,000 $187,600
2023 $2,047 $225,900 $38,800 $187,100
2022 $2,047 $204,700 $34,000 $170,700
2021 $1,806 $181,800 $32,400 $149,400
2020 $1,719 $176,800 $31,500 $145,300
2019 $2,028 $175,000 $31,100 $143,900
2018 $3,987 $169,500 $31,100 $138,400
2017 $2,092 $168,100 $31,100 $137,000
2016 $1,990 $167,600 $30,000 $137,600
2014 $1,684 $171,500 $29,100 $142,400
2013 $1,768 $172,400 $31,300 $141,100
Source: Public Records

Agents Affiliated with this Home

  • Binika Henderson

    Seller's Agent in 2017

    Binika Henderson

    Heritage Real Estate Services,

    (219) 613-3968

    5 in this area

    65 Total Sales

    Binika Henderson
    Section Image

  • G

    Buyer's Agent in 2017

    George Slowinski

    Real Property Realty, LLC.

  • M

    Seller's Agent in 2012

    Michele O'Connor

    RE/MAX

  • Frank Lopez

    Buyer's Agent in 2012

    Frank Lopez

    eXp Realty, LLC

    (219) 629-9299

    55 Total Sales

    Frank Lopez
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR409336

Northwest Indiana Association of REALTORS®

APN: 45-12-22-132-004.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

507 E 78th Ln, Merrillville, IN

This home is located at 507 E 78th Ln, Merrillville, IN 46410 since 21 February 2017 and is currently estimated at $313,978, approximately $85 per square foot. This property was built in 1965. 507 E 78th Ln is a home located in Lake County with nearby schools including Henry P Fieler 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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