NOT LISTED FOR SALE

5400 Buchanan St Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $226,000 - $259,000

3 Beds
2 Baths
1,371 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $225,000 $164 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,675/month

1 Day on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Cooling Available
  • Corner Lot
  • Cedar Closet
  • Patio

About This Home

As of July 2022

Welcome home to a property built for love and memories! This move-in ready corner lot boasts 3 beds and 2 baths in the peaceful Meadowdale neighborhood. A home that is perfect for first time home buyers! Spacious rooms, a wonderful open concept, and updated bathrooms are just some of the eye-catchers in this stunning home. It comes with a full unfinished basement with high ceilings that is full of opportunity! Between the basement, the elevated garage ceiling, and the cedar closet by the entrance, there is an abundance of storage space for you. A yard begging for a fence, a wonderful patio, and gorgeous plants are some of the finishing touches for your next home. Don't miss out! Schedule a tour today and get it before this wonderful opportunity flies off the market!

Last Agent to Sell the Property

Xever Lemieux

Ellsbury Commercial Group LLC License #RB22000768 Listed on: 06/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 85x115
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,371 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Outdoor Features

  • Patio

Schools

  • Miller Elementary School
  • Pierce Middle School
  • Merrillville High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Meadowdale Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451204154003000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,249

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Nearly Level, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR270
  • Subdivision Name: Meadowdale Sub
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1371
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Oven
  • Interior Amenities: Cedar Closet
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.22

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Electric

Schools

  • Junior High Dist: Merrillville
  • Middle Or Junior School: Pierce Middle School

Lot Info

  • Lot Dimensions: 85x115
  • Lot Size Sq Ft: 9583
  • ResoLotSizeUnits: Acres
  • Parcel #: 451204154003000031
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2249

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Merrillville High School
  • Elementary School: Miller Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 29, 2022
Sold by
Tape Damon D and Tape Tracy D
Bought by
Barnes Netia S
Seller's Agent
Xever Lemieux
Ellsbury Commercial Group LLC
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$242,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,260
Avg. Annual Appreciation
0.84%
Original Mortgage
$220,924
Outstanding Balance
$212,897
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$18,070

Purchase Details

Closed on
Oct 28, 2019
Sold by
Tape Damon
Bought by
Tape Damon and Tape Tracy D

Purchase Details

Closed on
Jan 4, 2007
Sold by
Smith Steven T and Smith Tracey M
Bought by
Tape Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
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
Barnes Netia S -- Community Title
Tape Damon -- None Available
Tape Damon -- Northwest In Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Netia S $220,924
Previous Owner Tape Damon $6,545
Previous Owner Tape Damon $132,125
Previous Owner Tape Damon $130,173
Previous Owner Tape Damon $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $225,000 0.0% $164 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $225,000 -- $164 / 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 $4,607 $197,800 $36,200 $161,600
2023 $1,301 $196,600 $35,200 $161,400
2022 $1,301 $144,700 $29,600 $115,100
2021 $2,401 $120,000 $26,200 $93,800
2020 $2,249 $112,400 $24,400 $88,000
2019 $2,353 $110,000 $24,200 $85,800
2018 $2,477 $108,000 $24,200 $83,800
2017 $2,498 $107,000 $24,200 $82,800
2016 $2,360 $106,800 $23,200 $83,600
2014 $2,348 $110,500 $24,200 $86,300
2013 $2,461 $111,100 $26,100 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Xever Lemieux

    Seller's Agent in 2022

    Xever Lemieux

    Ellsbury Commercial Group LLC

    (219) 384-7994

    1 in this area

    25 Total Sales

    Xever Lemieux
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR514372

Northwest Indiana Association of REALTORS®

APN: 45-12-04-154-003.000-031

Indiana Lake County Merrillville 46410 North Merrillville

5400 Buchanan St, Merrillville, IN

This home is located at 5400 Buchanan St, Merrillville, IN 46410 since 15 June 2022 and is currently estimated at $242,260, approximately $176 per square foot. This property was built in 1962. 5400 Buchanan St is a home located in Lake County with nearby schools including Merrillville Intermediate School, Edgar L Miller Elementary 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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