NOT LISTED FOR SALE

5425 Chase St Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $166,000 - $234,000

2 Beds
1 Bath
1,074 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $180,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,440/month

4 Days on Market

Highlights

  • 1.14 Acre Lot
  • Ranch Style House
  • 2.5 Car Detached Garage
  • Deck
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of November 2022

Peace and Quiet, yet close to town, nature trails and major highways! Come check out this fully remodeled 2 bedroom, 1 bathroom ranch with a huge detached garage/workshop on over an acre of land. Upgrades include: New Roof, New HVAC, New Hot water heater, New flooring, Refinished hardwood floors, New cabinets and Appliances & freshly painted walls. The detached garage is 960 sq ft, the backyard has tons of potential and enjoy the privacy of the Nature Conservancy on the North side.

Last Agent to Sell the Property

Marina Klein

Blackrock Real Estate Services License #RB16000861 Listed on: 10/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1951

Lot Details

  • 1.14 Acre Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • Living Room with Fireplace
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Range Hood
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Storage Shed

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451205102001000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1876
  • Subdivision Name: None
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Aluminum Siding,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • 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
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Dishwasher, Dryer, Exhaust Hood, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Finished Laundry Rm, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Storage Shed, Other
  • Acres: 1.138

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

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

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 1.138 acres
  • Lot Size Sq Ft: 49571
  • ResoLotSizeUnits: Acres
  • Parcel #: 451205102001000030
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 897

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Nov 14, 2022
Sold by
Stevens Zachary A
Bought by
Negrelli Steven E
Seller's Agent
Marina Klein
Blackrock Real Estate Services
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$199,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,680
Avg. Annual Appreciation
3.86%
Original Mortgage
$15,000
Outstanding Balance
$7,648
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$192,032

Purchase Details

Listed on
Jan 15, 2016
Closed on
May 18, 2016
Sold by
Rawlins Forest P
Bought by
Stevens Zachary A
Seller's Agent
Annette Fields
Crown Executive Realty
List Price
$83,500
Sold Price
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$81,987
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2009
Sold by
Appleton Anne M
Bought by
Rawlins Forest P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2009
Sold by
Jacobs Merville P
Bought by
Rawlins Forest P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,460
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2005
Sold by
Jacobs Stephen M
Bought by
Appleton Anne and The Stephen M Jacobs Revocable
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
Negrelli Steven E -- Meridian Title
Stevens Zachary A -- Liberty Title
Rawlins Forest P -- Chicago Title Insurance Co
Rawlins Forest P -- Chicago Title Insurance Co
Appleton Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negrelli Steven E $15,000
Open Negrelli Steven E $174,600
Previous Owner Stevens Zachary A $81,987
Previous Owner Rawlins Forest P $83,460
Previous Owner Rawlins Forest P $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $180,000 0.0% $168 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $180,000 +115.6% $168 / Sq Ft
05/18/2016 05/18/16 Sold $83,500 0.0% $78 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $83,500 -- $78 / 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 $4,159 $176,200 $40,800 $135,400
2023 $1,522 $177,500 $40,000 $137,500
2022 $643 $95,700 $26,300 $69,400
2021 $536 $87,800 $24,600 $63,200
2020 $471 $83,500 $23,400 $60,100
2019 $710 $82,800 $23,200 $59,600
2018 $808 $81,600 $23,200 $58,400
2017 $739 $81,300 $23,200 $58,100
2016 $703 $80,600 $22,300 $58,300
2014 $419 $79,100 $22,000 $57,100
2013 $454 $80,300 $23,700 $56,600
Source: Public Records

Agents Affiliated with this Home

  • Marina Klein

    Seller's Agent in 2022

    Marina Klein

    Blackrock Real Estate Services

    (219) 246-7887

    1 in this area

    73 Total Sales

    Section Image
  • Annette Fields

    Seller's Agent in 2016

    Annette Fields

    Crown Executive Realty

    (765) 606-1134

    3 in this area

    46 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR520883

Northwest Indiana Association of REALTORS®

APN: 45-12-05-102-001.000-030

Indiana Lake County Merrillville 46410 North Merrillville

5425 Chase St, Merrillville, IN

This home is located at 5425 Chase St, Merrillville, IN 46410 since 08 October 2022 and is currently estimated at $199,680, approximately $185 per square foot. This property was built in 1951. 5425 Chase St is a home located in Lake County with nearby schools including Edgar L Miller 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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