NOT LISTED FOR SALE

716 W 86th Ln Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $200,000 - $272,000

2 Beds
2 Baths
1,180 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $204,000 $173 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,686/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Screened Patio
  • Landscaped
  • Carpet

About This Home

As of April 2022

This maintenance free, 1/2 Duplex Ranch is ready for its new owner! This well maintained, 2 bedroom, 1.75 bath is tucked away in the perfect spot, close to major highways, shopping and restaurants! Master bedroom has a walk-in closet and 3/4 bathroom. This home features an open concept floor plan perfect for entertaining. Right off the kitchen you will find the screen in porch with no neighbors behind! two car garage with plenty of room for storage. Don't miss out on your opportunity to own this hidden gem that is move-in ready!!

Last Agent to Sell the Property

Rebeca Cierniak

Listing Leaders Northwest License #RB18002079 Listed on: 02/18/2022

Listing Leaders Northwest

Last Buyer's Agent

Gerald Thompson

Weichert Realtors - Shoreline License #RB14041140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 2006

Lot Details

  • 7,536 Sq Ft Lot
  • Lot Dimensions are 55x137
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Brick Foundation

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Bill Click 0 On Main Menu Association, Phone Number (219) 738-2589
  • Deerfield Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451228251009000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1959
  • Subdivision Name: Deerfield Center
  • Above Grade Finished Sq Ft: 1180
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Gas Range, Microwave, Portable Dishwasher, Range Hood, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space
  • Flooring: Carpet, Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.173
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Screened

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 1200
  • Association Name: Bill - Click 0 on Main Menu
  • Phone: 219-738-2589
  • Association: Yes

Lot Info

  • Lot Dimensions: 55x137
  • Lot Size Sq Ft: 7536
  • Parcel #: 451228251009000030

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 18, 2022
Sold by
Meara Dowell
Bought by
Hamed Mohammed
Seller's Agent
Rebeca Cierniak
Listing Leaders Northwest
Buyer's Agent
Gerald Thompson
Weichert Realtors - Shoreline
List Price
$204,000
Sold Price
$204,000
Current Estimated Value
$232,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,924
Avg. Annual Appreciation
3.34%
Original Mortgage
$193,800
Outstanding Balance
$185,045
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$42,432

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 11, 2022
Sold by
Meara Dowell
Bought by
Hamed Mohammed
Seller's Agent
Rebeca Cierniak
Listing Leaders Northwest
Buyer's Agent
Gerald Thompson
Weichert Realtors - Shoreline
List Price
$204,000
Sold Price
$204,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Outstanding Balance
$185,045
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$42,432

Purchase Details

Listed on
Feb 3, 2017
Closed on
May 15, 2017
Sold by
Fannie Mae
Bought by
Dowell Meara
Seller's Agent
Bill McCabe
BHHS Executive Realty
Buyer's Agent
Leyla Barchett
Listing Leaders
List Price
$112,500
Sold Price
$112,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$110,461
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2016
Sold by
Ames William F and Ames Martha F
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Oct 25, 2006
Sold by
Accent Homes Inc
Bought by
Ames William and Ames Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.45%
Mortgage Type
Unknown
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
Hamed Mohammed -- Fidelity National Title
Hamed Mohammed -- Fidelity National Title
Dowell Meara -- None Available
Federal National Mortgage Association $85,135 None Available
Ames William -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamed Mohammed $193,800
Closed Hamed Mohammed $193,800
Previous Owner Dowell Meara $110,461
Previous Owner Ames William $123,600
Previous Owner Ames William $120,000
Previous Owner Ames William $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $204,000 0.0% $173 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $204,000 +81.3% $173 / Sq Ft
05/16/2017 05/16/17 Sold $112,500 0.0% $95 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $112,500 -- $95 / 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 $4,787 $205,200 $41,400 $163,800
2023 $1,333 $204,300 $40,200 $164,100
2022 $1,333 $147,800 $36,500 $111,300
2021 $1,212 $133,700 $35,400 $98,300
2020 $1,090 $125,700 $33,100 $92,600
2019 $1,374 $125,500 $32,800 $92,700
2018 $1,404 $124,600 $32,800 $91,800
2017 $1,405 $120,300 $32,800 $87,500
2016 $1,295 $121,100 $31,600 $89,500
2014 $987 $121,100 $31,200 $89,900
2013 $1,071 $124,000 $33,600 $90,400
Source: Public Records

Agents Affiliated with this Home

  • Rebeca Cierniak

    Seller's Agent in 2022

    Rebeca Cierniak

    Listing Leaders Northwest

    (219) 765-2220

    1 in this area

    44 Total Sales

    Section Image

  • G

    Buyer's Agent in 2022

    Gerald Thompson

    Weichert Realtors - Shoreline

  • Bill McCabe

    Seller's Agent in 2017

    Bill McCabe

    BHHS Executive Realty

    (219) 742-9200

    1 in this area

    63 Total Sales

    Section Image

  • L

    Buyer's Agent in 2017

    Leyla Barchett

    Listing Leaders

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 507727

Northwest Indiana Association of REALTORS®

APN: 45-12-28-251-009.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

716 W 86th Ln, Merrillville, IN

This home is located at 716 W 86th Ln, Merrillville, IN 46410 since 18 February 2022 and is currently estimated at $232,924, approximately $197 per square foot. This property was built in 2006. 716 W 86th Ln is a home located in Lake County with nearby schools including Homer Iddings Elementary School, Merrillville Intermediate School, and Pierce Middle School.

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.

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