NOT LISTED FOR SALE

5848 Taft Place Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $268,000 - $278,000

4 Beds
2.5 Baths
2,181 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $119,900 $55 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,819/month

42 Days on Market

Highlights

  • 0.58 Acre Lot
  • Formal Dining Room
  • Patio
  • Recreation Room
  • 2.5 Car Detached Garage
  • Living Room

About This Home

As of February 2015

You won't believe it until you see it. The seller has just completed the following: painted the interior, replaced all the windows, brand new boiler, new gutters and down spouts, new storm doors, new carpeting and more. This quad level sits on about .5 acre and has lake frontage. Please contract a local realtor to See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Listed By

Betty Richmond

Umbrella Real Estate LLC License #RB14014901 Listed on: 11/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 1960

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 100 x 252

Parking

  • 2.5 Car Detached Garage
  • Side Driveway
  • Off-Street Parking

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • 2,181 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Bon Aire Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451205376014000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,616

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Bon Aire
  • Architectural Style: Quad Level
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 675
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Formal Dining, Main Floor Bathroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.5785

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Off Street, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 100 x 252
  • Lot Size Sq Ft: 25200
  • Parcel #: 451205376014000030

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Annual Amount: 1616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 29, 2014
Sold by
Us Bank Na
Bought by
Parsons Kenneth E
Seller's Agent
Betty Richmond
Umbrella Real Estate LLC
List Price
$119,900
Sold Price
$119,900
Total Days on Market
42
Current Estimated Value
$271,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,864
Avg. Annual Appreciation
8.22%
Original Mortgage
$117,727
Outstanding Balance
$93,247
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$177,976

Purchase Details

Closed on
May 2, 2014
Sold by
Woodson Latanza M
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 6, 2013
Sold by
Woodson Derrin E
Bought by
Woodson Latanza M

Purchase Details

Closed on
Dec 8, 2005
Sold by
Grace Ann Marie and Weaver Kevin A
Bought by
Woodson Derrin and Woodson Latanza M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.9%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Parsons Kenneth E -- Servicelink
Us Bank Na $120,700 None Available
Woodson Latanza M -- None Available
Woodson Derrin -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Kenneth E $117,727
Previous Owner Woodson Derrin $119,900
Previous Owner Woodson Derrin E $29,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2015 02/04/15 Sold $119,900 0.0% $55 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $119,900 -- $55 / 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 $4,525 $204,300 $47,400 $156,900
2023 $1,575 $193,100 $46,100 $147,000
2022 $1,575 $165,600 $38,400 $127,200
2021 $1,396 $151,800 $37,600 $114,200
2020 $1,289 $145,000 $35,200 $109,800
2019 $1,565 $142,900 $34,500 $108,400
2018 $1,615 $142,900 $34,500 $108,400
2017 $1,681 $142,000 $34,500 $107,500
2016 $1,594 $141,100 $33,300 $107,800
2014 $1,335 $145,900 $33,900 $112,000
2013 $1,412 $147,200 $36,300 $110,900
Source: Public Records

Agents Affiliated with this Home

  • Betty Richmond

    Seller's Agent in 2015

    Betty Richmond

    Umbrella Real Estate LLC

    (219) 808-5553

    14 Total Sales

    Betty Richmond
    Section Image
  • Cveta Gass

    Buyer Co-Listing Agent in 2015

    Cveta Gass

    Ned Realty, LLC

    (219) 771-0173

    50 Total Sales

    Cveta Gass
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR361244

Northwest Indiana Association of REALTORS®

APN: 45-12-05-376-014.000-030

Indiana Lake County Merrillville 46410 North Merrillville

5848 Taft Place, Merrillville, IN

This home is located at 5848 Taft Place, Merrillville, IN 46410 since 03 November 2014 and is currently estimated at $271,764, approximately $124 per square foot. This property was built in 1960. 5848 Taft Place is a home located in Lake County with nearby schools including Edgar L Miller Elementary School, Merrillville Intermediate School, and Pierce Middle School.

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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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