NOT LISTED FOR SALE

Estimated Value: $103,000 - $172,000

2 Beds
1 Bath
882 Sq Ft
8.51 Acres

Last Sold December 15, 2023

Last sale price $97,000 $110 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $753/month

41 Days on Market

Highlights

  • 8.51 Acre Lot
  • Landscaped
  • Carpet
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Priced to sell! Cheaper than rent! Clean and move in ready 2 bed, 1 bath condo in Merrillville. Super close to I 65 and all Merrillville amenities. Low taxes and HOA ($129 per mo) fees. Never mow grass or shovel snow again. HOA even covers garbage service. Condo comes with an attached garage space, walk in closet, new refrigerator and washer and dryer! All Measurements are approximate.

Last Agent to Sell the Property

Derek Groot

McColly Real Estate License #RB19000484 Listed on: 09/16/2023

McColly Real Estate

Co-Listed By

Nancy Davids

McColly Real Estate License #RB14014332

Last Buyer's Agent

Christine Hall

Realty Executives Premier License #RB14038715

Realty Executives Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $516

Year Built

  • Built in 1973

Lot Details

  • Landscaped

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • 882 Sq Ft Home
  • Brick Foundation

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Merrillville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Jacki Ruark Association, Phone Number (219) 791-9415
  • Colonies/Merrillville Condos/A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451209352010000030

Property Details

Home Type

Condominium

Est. Annual Taxes

$516

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Landscaped
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA270
  • Co List Office Mls Id: NRA270
  • Subdivision Name: Colonies/Merrillville Condos/A
  • Above Grade Finished Sq Ft: 882
  • Architectural Style: Other
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Gas Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: None
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 8.512
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Jacki Ruark
  • Phone: 219-791-9415
  • Association: Yes

Lot Info

  • Lot Dimensions: common
  • Lot Size Sq Ft: 370783
  • Parcel #: 451209352010000030

Tax Info

  • Year: 2022
  • Tax Annual Amount: 516

MLS Schools

  • HighSchool: Merrillville High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Jan 1, 2024
Sold by
Fairfield Properties Llc
Bought by
Mcfarland-Talbert Brenda
Seller's Agent
Derek Groot
McColly Real Estate
Buyer's Agent
Christine Hall
Realty Executives Premier
List Price
$114,900
Sold Price
$97,000
Premium/Discount to List
-$17,900
-15.58%
Views
386
Current Estimated Value
$120,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,916
Avg. Annual Appreciation
12.72%
Original Mortgage
$87,300
Outstanding Balance
$85,851
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$35,065

Purchase Details

Listed on
Sep 16, 2023
Closed on
Dec 13, 2023
Sold by
Fairfield Properties Llc
Bought by
Mcfarland-Talbert Brenda
Seller's Agent
Derek Groot
McColly Real Estate
Buyer's Agent
Christine Hall
Realty Executives Premier
List Price
$114,900
Sold Price
$97,000
Premium/Discount to List
-$17,900
-15.58%
Views
386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Outstanding Balance
$85,851
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$35,065

Purchase Details

Closed on
May 31, 2023
Sold by
Carrara John A and Carrara Alice
Bought by
Fairfield Properties Llc

Purchase Details

Closed on
May 25, 2023
Sold by
Carrara John A
Bought by
Fairfield Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcfarland-Talbert Brenda -- Community Title Company
Mcfarland-Talbert Brenda $97,000 Community Title Company
Fairfield Properties Llc -- None Listed On Document
Fairfield Properties Llc $41,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland-Talbert Brenda $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $97,000 -15.6% $110 / Sq Ft
11/01/2023 11/01/23 For Sale $114,900 0.0% $130 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $114,900 -1.4% $130 / Sq Ft
09/16/2023 09/16/23 For Sale $116,500 -- $132 / 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 $1,366 $69,300 $13,900 $55,400
2023 $281 $58,300 $13,700 $44,600
2022 $281 $51,400 $11,700 $39,700
2021 $250 $45,500 $10,900 $34,600
2020 $235 $43,100 $10,400 $32,700
2019 $515 $42,100 $10,200 $31,900
2018 $434 $41,700 $10,200 $31,500
2017 $452 $41,300 $10,200 $31,100
2016 $449 $42,800 $9,800 $33,000
2014 $254 $45,900 $10,900 $35,000
2013 $298 $51,700 $11,700 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 538767

Northwest Indiana Association of REALTORS®

APN: 45-12-09-352-010.000-030