NOT LISTED FOR SALE

5501 Pierce St Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $242,000 - $347,000

3 Beds
2 Baths
2,460 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $242,500 $99 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,084/month

19 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of November 2021

Beautifully remodeled home in Merrillville. The brick home boasts refinished hardwood floors and new carpeting in the bedrooms. The beautifully remodeled kitchen has new appliances, light fixtures and granite countertops. Bathrooms are expertly designed with new everything. Enjoy the large finished basement with a bonus two large rooms. All of this plus new interior doors and new windows.

Last Agent to Sell the Property

Tajani Farhan-Rodriguez

Tajani Farhan-Rodriguez, Broke License #RB15000333 Listed on: 09/22/2021

Last Buyer's Agent

Javier Morataya

Advanced Real Estate, LLC License #RB20000045

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1960

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 67 x 124

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation
  • Stone

Interior Spaces

  • 3 Bedrooms
  • 1-Story Property
  • Natural lighting in basement

Kitchen

  • Gas Range
  • Microwave
  • Portable Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Meadowdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451204129011000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1937
  • Subdivision Name: Meadowdale
  • Above Grade Finished Sq Ft: 1230
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave, Portable Dishwasher, Refrigerator
  • Interior Amenities: Primary Downstairs
  • Basement: Daylight
  • Flooring: Carpet, Hardwood, Tile
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1230
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.191
  • Construction Type: Brick, Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 67 x 124
  • Lot Size Sq Ft: 8320
  • Parcel #: 451204129011000031

Tax Info

  • Year: 2020
  • Tax Annual Amount: 975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 5, 2021
Sold by
Reliable Properties Llc
Bought by
Fuentes Jose R Reyes
Seller's Agent
Tajani Farhan-Rodriguez
Tajani Farhan-Rodriguez, Broke
Buyer's Agent
Javier Morataya
Advanced Real Estate, LLC
List Price
$242,500
Sold Price
$242,500
Current Estimated Value
$285,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,795
Avg. Annual Appreciation
3.42%
Original Mortgage
$235,225
Outstanding Balance
$217,847
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$57,534

Purchase Details

Closed on
Jul 23, 2021
Sold by
Gomez Antonio J
Bought by
Rellable Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2012
Closed on
Jul 16, 2012
Sold by
Orlich Samuel
Bought by
Gomez Antonio J
Seller's Agent
Denise Henderson
Century 21 Circle
Buyer's Agent
Carol Schmidt
Coldwell Banker Realty
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$107,257
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Apr 9, 2008
Sold by
Orlich Samuel and Orlich Yvonne
Bought by
Orlich Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Fuentes Jose R Reyes -- None Available
Rellable Properties Llc $150,000 None Available
Gomez Antonio J -- Northwest Indiana Title
Orlich Samuel -- Ticor Title Schererville
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Jose R Reyes $235,225
Previous Owner Rellable Properties Llc $168,000
Previous Owner Gomez Antonio J $107,257
Previous Owner Orlich Samuel $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $242,500 0.0% $99 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $242,500 +131.0% $99 / Sq Ft
07/16/2012 07/16/12 Sold $105,000 0.0% $47 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $105,000 -- $47 / 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 $6,347 $271,700 $30,800 $240,900
2023 $2,612 $270,900 $30,000 $240,900
2022 $2,387 $238,700 $25,100 $213,600
2021 $1,049 $126,400 $22,200 $104,200
2020 $975 $121,800 $20,800 $101,000
2019 $1,085 $120,500 $20,600 $99,900
2018 $1,112 $118,200 $20,600 $97,600
2017 $1,109 $116,700 $20,600 $96,100
2016 $1,057 $116,900 $19,800 $97,100
2014 $997 $121,800 $20,600 $101,200
2013 $1,039 $121,800 $22,100 $99,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tajani Farhan-Rodriguez

    Tajani Farhan-Rodriguez, Broke

    (773) 793-4656

    6 in this area

    61 Total Sales

    Section Image
  • Javier Morataya

    Buyer's Agent in 2021

    Javier Morataya

    Advanced Real Estate, LLC

    (773) 425-7346

    3 in this area

    57 Total Sales

    Section Image

  • D

    Seller's Agent in 2012

    Denise Henderson

    Century 21 Circle

    (219) 313-3621

    1 in this area

    40 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Carol Schmidt

    Coldwell Banker Realty

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 501268

Northwest Indiana Association of REALTORS®

APN: 45-12-04-129-011.000-031

Indiana Lake County Merrillville 46410 North Merrillville

5501 Pierce St, Merrillville, IN

This home is located at 5501 Pierce St, Merrillville, IN 46410 since 22 September 2021 and is currently estimated at $285,295, approximately $115 per square foot. This property was built in 1960. 5501 Pierce 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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