NOT LISTED FOR SALE

5801 Iris Ln Schererville, IN 46375

West Merrillville Neighborhood

Estimated Value: $287,784 - $320,000

3 Beds
2 Baths
1,663 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $222,000 $133 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,048/month

15 Days on Market

Highlights

  • Creek On Lot
  • Ranch Style House
  • Sun or Florida Room
  • Homan Elementary School Rated A
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of November 2020

AMAZING 3 bedroom, 2 bath, landscaped, half duplex in Desirable Prairie Estates. NO HOA Dues! Open Concept Ranch with Cathedral Ceilings! Spacious kitchen with plenty of white cabinets and large dining area. All Stainless Steel appliances stay! Freshly cleaned carpet and laminate flooring through out! Finished laundry room, washer, dryer and utility tub. Stunning light fixtures! Master bedroom with walk-in closet and full bath. Surprising 12 x 12 screened in 3 seasons room, custom windows and astonishing bamboo ceiling fan, lots of natural light and tranquil views of creek running behind fenced in yard. 8x12 patio, Weber grill, and all kinds of privacy! 2 car attached garage boasts wooden shelving, extra area with work benches, pegboards, tool storage racks, and pull down attic for extra storage! Furnace with humidifier. Everything you can ask for and more! Close to shopping, restaurants, excellent school system, I-65. Steps away from remarkable walking and biking trails.

Last Agent to Sell the Property

Diane Schwader

Double Diamond Real Estate LLC License #RB14049677 Listed on: 09/30/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 2003

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 45 x 185
  • Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Half Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,663 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

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

Outdoor Features

  • Creek On Lot
  • Patio
  • Exterior Lighting

Schools

  • Homan Elementary School
  • Grimmer Middle School
  • Lake Central High School

Utilities

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

Community Details

  • Prairie Estates Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451112379011000036

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,825

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Half Duplex
  • ResoLotFeatures: Creek/Stream, Curbs, Landscaped, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1030
  • Subdivision Name: Prairie Estates
  • Architectural Style: Duplex, Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,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: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Sun Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, Landscape Lighting, Patio, Porch Screened
  • Acres: 0.191

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Middle Or Junior School: Grimmer Middle School

Lot Info

  • Lot Dimensions: 45 x 185
  • Lot Size Sq Ft: 8320
  • Parcel #: 451112379011000036

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1825

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Lake Central High School
  • Elementary School: Homan Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 25, 2020
Sold by
Broderick Arlene M
Bought by
Hart Guy K and Hart Lisa M
Seller's Agent
Diane Schwader
Double Diamond Real Estate LLC
List Price
$222,000
Sold Price
$222,000
Current Estimated Value
$305,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,946
Avg. Annual Appreciation
6.43%
Original Mortgage
$177,600
Outstanding Balance
$158,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$141,179

Purchase Details

Closed on
May 19, 2006
Sold by
Bainbridge David K
Bought by
Broderick Donald M and Broderick Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Hart Guy K -- Fidelity National Title Co
Broderick Donald M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Guy K $177,600
Previous Owner Broderick Donald M $139,920
Previous Owner Broderick Donald M $34,980
Previous Owner Bainbridge David K $13,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $222,000 0.0% $133 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $222,000 -- $133 / 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 $5,179 $258,200 $72,700 $185,500
2023 $2,113 $254,300 $72,700 $181,600
2022 $2,113 $225,900 $43,200 $182,700
2021 $1,841 $205,300 $43,200 $162,100
2020 $1,735 $188,000 $43,200 $144,800
2019 $1,825 $180,600 $43,200 $137,400
2018 $1,798 $176,800 $40,100 $136,700
2017 $1,625 $170,700 $40,100 $130,600
2016 $1,533 $163,300 $40,100 $123,200
2014 $1,447 $163,700 $40,100 $123,600
2013 $1,468 $162,100 $40,100 $122,000
Source: Public Records

Agents Affiliated with this Home

  • Diane Schwader

    Seller's Agent in 2020

    Diane Schwader

    Double Diamond Real Estate LLC

    (219) 671-1662

    1 in this area

    77 Total Sales

    Diane Schwader
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR482623

Northwest Indiana Association of REALTORS®

APN: 45-11-12-379-011.000-036

Indiana Lake County Schererville 46375 West Merrillville

5801 Iris Ln, Schererville, IN

This home is located at 5801 Iris Ln, Schererville, IN 46375 since 30 September 2020 and is currently estimated at $305,946, approximately $183 per square foot. This property was built in 2003. 5801 Iris Ln is a home located in Lake County with nearby schools including Homan Elementary School, Michael Grimmer Middle School, and Lake Central High 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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