NOT LISTED FOR SALE

7001 Colorado St Merrillville, IN 46410

Estimated Value: $249,000 - $262,595

3 Beds
2 Baths
1,579 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $179,900 $114 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,855/month

108 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • 0.94 Acre Lot
  • Wood Burning Stove
  • No HOA

About This Home

As of January 2021

MOTIVATED SELLERS want you to bring us an offer! This charming home is conveniently located close to major highways, stores, restaurants, and so much more. Inside you will find a well loved and well kept home perfect for all your family gatherings. Kitchen and formal dining room have newer pergo flooring, living room has newer carpet and paint! Main floor bedroom and half bathroom! Walk upstairs to two more bedrooms with walk in closets and a full bathroom. Full unfinished basement can be used for living space or storage. Basement has a wood-burning stove that helps offset heating cost in the winter. This home sits on an acre lot and backs up to a crop field, for that country feel. Detached 2.5 car garage has a deck off of the back and a few steps away, is a fire pit with deck around it. Storage shed behind garage stays. Amazing and unique backyard layout with fenced in-ground pool, large deck, plus more!

Last Agent to Sell the Property

Shanna Schweitzer

Realty Executives Premier License #RB16001295 Listed on: 08/05/2020

Realty Executives Premier

Co-Listed By

Jessica Cardin

Realty Executives Premier License #RB14046820

Last Buyer's Agent

Dixie Hruska

Century 21 Circle License #RB14040812

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1940

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 100 x 410

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 3 Bedrooms
  • 1,579 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Carpet
  • Basement

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 451213101008000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level, Paved
  • ResoPoolFeatures: In Ground
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA2007
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: NA
  • Above Grade Finished Sq Ft: 1579
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Dryer, Refrigerator, Washer, Water Softener Owned
  • Basement: Interior Entry, Sump Pump
  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.941
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas, Wood Stove
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 100 x 410
  • Lot Size Sq Ft: 40990
  • Parcel #: 451213101008000046

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Jan 15, 2021
Sold by
Kacher Raymond E and Kacher Janet
Bought by
Cash Elizabeth K
Seller's Agent
Shanna Schweitzer
Realty Executives Premier
Buyer's Agent
Dixie Hruska
Century 21 Circle
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$254,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,499
Avg. Annual Appreciation
7.50%
Original Mortgage
$170,905
Outstanding Balance
$152,426
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$101,973
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
Cash Elizabeth K $179,900 Barrister Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Elizabeth K $170,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $179,900 0.0% $114 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $179,900 -- $114 / 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 $6,273 $223,100 $33,200 $189,900
2023 $1,976 $196,400 $32,500 $163,900
2022 $1,976 $185,900 $29,600 $156,300
2021 $1,629 $160,900 $27,100 $133,800
2020 $1,025 $108,900 $26,100 $82,800
2019 $1,298 $108,900 $26,100 $82,800
2018 $1,309 $108,300 $26,100 $82,200
2017 $1,362 $108,100 $26,100 $82,000
2016 $1,300 $107,800 $25,100 $82,700
2014 $1,063 $110,300 $25,400 $84,900
2013 $1,071 $106,600 $26,200 $80,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shanna Schweitzer

    Realty Executives

    Section Image
  • Jessica Cardin

    Seller Co-Listing Agent in 2021

    Jessica Cardin

    Realty Executives

    (219) 252-8795

    11 in this area

    119 Total Sales

    Jessica Cardin
    Section Image
  • Dixie Hruska

    Buyer's Agent in 2021

    Dixie Hruska

    Century 21 Circle

    (219) 712-7784

    1 in this area

    46 Total Sales

    Dixie Hruska
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 479051

Northwest Indiana Association of REALTORS®

APN: 45-12-13-101-008.000-046

Indiana Lake County Merrillville 46410

7001 Colorado 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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