NOT LISTED FOR SALE

5875 Van Buren St Merrillville, IN 46410

North Merrillville Neighborhood

Estimated Value: $178,000 - $259,000

4 Beds
2 Baths
2,112 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $160,000 $76 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,494/month

229 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Facilities
  • Community Deck or Porch

About This Home

As of June 2022

A great investment opportunity. Two separate units with reliable established tenants. Immediate cash flow. Sold as is and ready to go.

Last Agent to Sell the Property

Jana Caudill

eXp Realty, LLC License #RB14024542 Listed on: 10/01/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1927

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Gravel Driveway

Home Design

  • 2,112 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 451204404003000030

Community Details

Overview

  • 2 Units
  • Rexville Sub Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,512

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Laundry, Porch
  • Co List Office Mls Id: GNR1732
  • Subdivision Name: Rexville Sub
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.152

Garage/Parking

  • Garage Spaces: 2
  • Open Parking Spaces: 3
  • Parking Features: Detached

Lot Info

  • Lot Size Sq Ft: 6621
  • Parcel #: 451204404003000030

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Jun 22, 2022
Sold by
Greer Anthony L and Greer Shebba C
Bought by
Meadows Clifford J
Seller's Agent
Jana Caudill
eXp Realty, LLC
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$226,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,699
Avg. Annual Appreciation
10.89%
Original Mortgage
$144,000
Outstanding Balance
$136,993
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$89,706

Purchase Details

Closed on
Jun 2, 2006
Sold by
Lee Michael J
Bought by
Greer Anthony L and Greer Shebba C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
6.62%
Mortgage Type
FHA
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
Meadows Clifford J -- Chicago Title
Greer Anthony L -- Professionals Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Clifford J $144,000
Previous Owner Greer Anthony L $132,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $160,000 0.0% $76 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $160,000 -- $76 / 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 $3,690 $159,300 $18,500 $140,800
2023 $3,077 $157,500 $18,000 $139,500
2022 $2,844 $142,200 $15,100 $127,100
2021 $2,574 $128,700 $14,700 $114,000
2020 $2,512 $125,600 $14,400 $111,200
2019 $2,801 $124,300 $14,200 $110,100
2018 $2,980 $125,000 $14,200 $110,800
2017 $3,081 $125,100 $14,200 $110,900
2016 $2,939 $125,700 $13,700 $112,000
2014 $2,616 $123,100 $13,400 $109,700
2013 $2,736 $123,500 $14,400 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Jana Caudill

    Seller's Agent in 2022

    Jana Caudill

    eXp Realty, LLC

    (219) 661-1256

    9 in this area

    665 Total Sales

    Jana Caudill
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR501851

Northwest Indiana Association of REALTORS®

APN: 45-12-04-404-003.000-030

Indiana Lake County Merrillville 46410 North Merrillville

5875 Van Buren St, Merrillville, IN

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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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