NOT LISTED FOR SALE

5500 Marshall Place Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $237,000 - $316,000

4 Beds
3 Baths
2,575 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $175,000 $68 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,006/month

257 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Whole House Fan
  • Formal Dining Room
  • 2.5 Car Attached Garage
  • Living Room

About This Home

As of October 2018

Drive into this beautiful wooded subdivision in Lakewood Estates and see this spacious 2 story home on 1/3 Wooded Acre Lot. Only 3 miles away from Griffith. Kitchen has been updated this year, laminate counter tops, STAINLESS STEEL APPLIANCES, all stay as well as washer and dryer. Seller is Providing $500 toward a 13 month HWA home warranty, with full price offer. Living room,dining room and Master bath updated in 2016. Middle bathroom upstairs updated 2017. This home also includes a FOUR SEASONS ROOM and a spacious 2.5 car garage. Come see this home, you don't want to miss the quiet country feel of this home.

Last Agent to Sell the Property

Kelley Wontorski

Better Homes and Gardens Real License #RB14050260 Listed on: 02/04/2018

Better Homes and Gardens Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1971

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Cul-De-Sac
  • Corner Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Roof Vent Fans
  • Vinyl Siding

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Keeping Room with Fireplace
  • Sump Pump
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Storage Shed

Utilities

  • Whole House Fan
  • Furnace Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener Leased

Community Details

  • Lakewood Estates Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451205105009000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Corner Lot, Cul-De-Sac
  • ResoOtherEquipment: Furnace Humidifier, Roof Vent Fan, Security System, Sump Pump, Whole House Fan
  • Co List Office Mls Id: GNR1574
  • Subdivision Name: Lakewood Estates
  • Architectural Style: Two Story
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Softener Rented
  • Interior Amenities: Finished Laundry Rm, Formal Dining, FP Gathering Room, Other
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Storage Shed, Other
  • Acres: 0.344

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 100X150
  • Lot Size Sq Ft: 14985
  • Parcel #: 451205105009000030

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1866

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Oct 23, 2018
Sold by
Bey Rasul K Hasan and Bey Karima Hasan
Bought by
Witkowski Joseph and Witkowski Janice
Seller's Agent
Kelley Wontorski
Better Homes and Gardens Real
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$284,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,834
Avg. Annual Appreciation
7.20%
Original Mortgage
$171,830
Outstanding Balance
$152,158
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$132,676

Purchase Details

Closed on
May 15, 2006
Sold by
Hayes Kevin J and Hayes Kimberly R
Bought by
Hasan Bey Rasul K and Hasan Bey Karima
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Witkowski Joseph -- Liberty Title & Escrow Co Ll
Hasan Bey Rasul K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witkowski Joseph $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $175,000 0.0% $68 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $175,000 -- $68 / 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 $5,996 $249,700 $42,300 $207,400
2023 $2,189 $255,900 $41,500 $214,400
2022 $2,189 $217,900 $27,300 $190,600
2021 $1,888 $188,000 $25,600 $162,400
2020 $1,798 $179,000 $24,300 $154,700
2019 $2,129 $177,400 $24,100 $153,300
2018 $1,857 $158,500 $24,100 $134,400
2017 $1,931 $157,500 $24,100 $133,400
2016 $1,866 $159,000 $23,200 $135,800
2014 $1,543 $160,900 $23,000 $137,900
2013 $1,622 $161,800 $24,800 $137,000
Source: Public Records

Agents Affiliated with this Home

  • Kelley Wontorski

    Seller's Agent in 2018

    Kelley Wontorski

    Better Homes and Gardens Real

    (219) 775-2891

    1 in this area

    18 Total Sales

    Kelley Wontorski
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR428928

Northwest Indiana Association of REALTORS®

APN: 45-12-05-105-009.000-030

Indiana Lake County Merrillville 46410 North Merrillville

5500 Marshall Place, Merrillville, IN

This home is located at 5500 Marshall Place, Merrillville, IN 46410 since 04 February 2018 and is currently estimated at $284,834, approximately $110 per square foot. This property was built in 1971. 5500 Marshall Place 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.

Nearby Homes