NOT LISTED FOR SALE

7005 Colorado St Merrillville, IN 46410

Estimated Value: $274,256 - $346,000

5 Beds
2 Baths
3,290 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $181,000 $55 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,228/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • Main Floor Bedroom
  • Deck
  • Pole Barn
  • 4 Car Detached Garage

About This Home

As of August 2018

This picture perfect 5 bedroom home on a 1 ACRE Lot has all of the charm you have been searching for. This home offers a finished basement, large family room and a 4 car garage. Many updates over the years. New Furnace 2017, Hot water heater 2017, waterproofed basement 2014, new upstairs carpet 2018, new deck 2018, remodeled main level bath 2016, spray foam insulation 2017, electric re-wire 2017!!! Schedule your showing today, this home will NOT last long!!!!!

Last Agent to Sell the Property

Christina Harber

Blackrock Real Estate Services License #RB14048968 Listed on: 07/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1945

Lot Details

  • 2,290 Sq Ft Lot
  • Lot Dimensions are 100x410
  • Sloped Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 3,290 Sq Ft Home
  • Living Room
  • Recreation Room
  • Basement

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Green Acres Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451213101010000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1945

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Sloped
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: GNR1325
  • Subdivision Name: Green Acres
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 280
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Floor Bedroom, Related Living
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Exterior Features: Deck, Pole Barn
  • Acres: 0.0526

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 100x410
  • Lot Size Sq Ft: 2290
  • Parcel #: 451213101010000046

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1833

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 24, 2018
Sold by
Jones Jason W and Jones Kristina
Bought by
Smith Stacy L
Seller's Agent
Christina Harber
Blackrock Real Estate Services
List Price
$181,000
Sold Price
$181,000
Current Estimated Value
$317,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,314
Avg. Annual Appreciation
8.14%
Original Mortgage
$177,721
Outstanding Balance
$156,377
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$160,937

Purchase Details

Closed on
Jul 17, 2008
Sold by
Graves Claude
Bought by
Jones Jason W and Jones Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,050
Interest Rate
6.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Stacy L -- Meridian Title Corp
Jones Jason W -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Stacy L $177,721
Previous Owner Jones Jason W $121,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $181,000 0.0% $55 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $181,000 -- $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 $6,806 $213,800 $33,200 $180,600
2023 $2,141 $213,100 $32,500 $180,600
2022 $1,996 $200,200 $29,600 $170,600
2021 $1,699 $170,400 $27,100 $143,300
2020 $1,685 $168,900 $26,100 $142,800
2019 $2,082 $169,000 $26,100 $142,900
2018 $1,675 $131,700 $26,100 $105,600
2017 $1,834 $132,000 $26,100 $105,900
2016 $1,754 $132,000 $25,100 $106,900
2014 $1,550 $140,100 $25,400 $114,700
2013 $1,572 $134,900 $26,200 $108,700
Source: Public Records

Agents Affiliated with this Home

  • Christina Harber

    Seller's Agent in 2018

    Christina Harber

    Blackrock Real Estate Services

    (219) 779-4304

    3 in this area

    121 Total Sales

    Christina Harber
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR437648

Northwest Indiana Association of REALTORS®

APN: 45-12-13-101-010.000-046

Indiana Lake County Merrillville 46410

7005 Colorado St, Merrillville, IN

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.

Nearby Homes