NOT LISTED FOR SALE

5280 Tennessee St Merrillville, IN 46410

Glen Park Neighborhood

Estimated Value: $146,000 - $175,000

3 Beds
1 Bath
1,040 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $25,000 $24 Per Sq Ft

Est. 549% increase in value since last sale

Current estimated payment $1,058/month

9 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Paved or Partially Paved Lot
  • Living Room
  • Dining Room
  • Storage Shed

About This Home

As of April 2023

Investment Opportunity in a GREAT location right on the town of Merrillville border and City of Gary border! Minutes away from shopping. Close Proximity to Indiana University NW. Close to 80/94, I65, Chicago Sky Way and Indiana Toll Road. Quiet Street! Wooded area across the street. LOW TAXES! Full Basement!*home has extensive fire damage and in need of complete fire restoration and rehab. Great bones to let your imagination take over! Comps in this area are fantastic!

Last Agent to Sell the Property

Jodie Ridderhoff

Keller Williams Realty Group License #RB18000558 Listed on: 03/29/2023

Keller Williams Realty Group

Last Buyer's Agent

Dawn Roman

Advanced Real Estate, LLC License #RB14040093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113

Year Built

  • Built in 1972

Lot Details

  • 10,106 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Side Driveway

Home Design

  • Ranch Style House
  • Fixer Upper
  • Aluminum Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Georgia Heights Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450834454037000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$113

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2254
  • Subdivision Name: Georgia Heights
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 1040
  • GNR_HeatSystem: None
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Storage Shed
  • Acres: 0.232

Garage/Parking

  • Parking Features: Side Drive, None

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 75x135
  • Lot Size Sq Ft: 10106
  • Parcel #: 450834454037000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 113

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 21, 2023
Sold by
Jordan Michael
Bought by
Idr Management Llc
Seller's Agent
Jodie Ridderhoff
Keller Williams Realty Group
Buyer's Agent
Dawn Roman
Advanced Real Estate, LLC
List Price
$39,999
Sold Price
$25,000
Premium/Discount to List
-$14,999
-37.5%
Current Estimated Value
$162,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,194
Avg. Annual Appreciation
128.98%
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
Idr Management Llc $25,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $25,000 -37.5% $24 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $39,999 -- $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 $5,440 $121,500 $16,500 $105,000
2023 $212 $61,700 $17,400 $44,300
2022 $212 $69,400 $16,600 $52,800
2021 $113 $64,900 $16,600 $48,300
2020 $131 $66,300 $16,600 $49,700
2019 $135 $61,200 $15,300 $45,900
2018 $105 $54,200 $13,600 $40,600
2017 $105 $58,700 $13,600 $45,100
2016 $284 $69,800 $13,600 $56,200
2014 $428 $81,300 $16,000 $65,300
2013 $578 $86,000 $16,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Jodie Ridderhoff

    Seller's Agent in 2023

    Jodie Ridderhoff

    Keller Williams Realty Group

    (708) 473-6266

    1 in this area

    55 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Dawn Roman

    Advanced Real Estate, LLC

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR527975

Northwest Indiana Association of REALTORS®

APN: 45-08-34-454-037.000-004

Indiana Lake County Merrillville 46410 Glen Park

5280 Tennessee St, Merrillville, IN

This home is located at 5280 Tennessee St, Merrillville, IN 46410 since 29 March 2023 and is currently estimated at $162,194, approximately $155 per square foot. This property was built in 1972. 5280 Tennessee St is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, and West Side Leadership Academy.

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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