NOT LISTED FOR SALE

7500 Marshall St Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $187,000 - $248,000

3 Beds
1 Bath
1,924 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $103,000 $54 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,526/month

29 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Recreation Room with Fireplace
  • Covered patio or porch
  • Country Kitchen

About This Home

As of July 2018

Conveniently located 1,924 sq. ft. older home that has been tastefully remodeled but in need of some minor repairs. Buyers will be given all opportunities to inspect the home prior to making an offer. The main living space is on second floor with a large Recreation Room with an electric fireplace and adjoining Master Bedroom, both with plenty of closet and storage space. The main floor host the full Bathroom, main Living Room, Kitchen and Dining area, along with two smaller Bedrooms. There is a large deck off the Dining Room and a ground level composite deck between house and Garage, both in need of repairs. The backyard is fenced with older wood privacy fence. The HVAC system is working but is older and should be replaced in the near future. Home is being sold by family and no repairs will be made by Sellers.

Last Agent to Sell the Property

William Rathjen

McColly Real Estate License #RB16000863 Listed on: 06/11/2018

McColly Real Estate

Last Buyer's Agent

Ed Del Real

McColly Real Estate License #RB14036438

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1942

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80 x 155
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Recreation Room with Fireplace
  • Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Furnace Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Independence Hill 4Th Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451217356018000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: Furnace Humidifier
  • Co List Office Mls Id: GNR257
  • Subdivision Name: Independence Hill 4th Add
  • Architectural Style: Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 962
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Hood, Portable Gas Range, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Cathedral/Vaulted Ceiling, Country Kitchen, FP Rec Room
  • Basement: Enclosed
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Fence
  • Acres: 0.285

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Heated

Utilities

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

Lot Info

  • Lot Dimensions: 80 x 155
  • Lot Size Sq Ft: 12415
  • Parcel #: 451217356018000030
  • Zoning Description: R-1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1397

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Brightside Residential Redevelopment Gro
Bought by
Bright Side Residential Redevelopment Group L
Current Estimated Value
$217,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$127,237
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$79,708

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 27, 2018
Sold by
Scheub Robert and Estate Of Rosemary Scheub
Bought by
Flipside Investments Llc
Seller's Agent
William Rathjen
McColly Real Estate
Buyer's Agent
Ed Del Real
McColly Real Estate
List Price
$103,000
Sold Price
$103,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$67,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Bright Side Residential Redevelopment Group L -- Meridian Title
Flipside Investments Llc $103,000 Community Title Co
Scheub Jessica -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Side Residential Redevelopment Group L $150,000
Previous Owner Bright Side Res Redevelopment Group Llc $515,000
Previous Owner Scheub Jessica $67,000
Previous Owner Flipside Investments Llc $77,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $103,000 0.0% $54 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $103,000 -- $54 / 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 $4,032 $175,400 $39,000 $136,400
2023 $3,006 $172,100 $37,500 $134,600
2022 $3,006 $150,300 $31,800 $118,500
2021 $2,646 $132,300 $30,000 $102,300
2020 $2,516 $125,800 $28,600 $97,200
2019 $2,866 $123,400 $28,000 $95,400
2018 $1,427 $123,400 $28,000 $95,400
2017 $1,397 $123,400 $28,000 $95,400
2016 $1,390 $123,100 $27,000 $96,100
2014 $1,023 $123,700 $26,900 $96,800
2013 $1,068 $123,800 $28,700 $95,100
Source: Public Records

Agents Affiliated with this Home

  • William Rathjen

    Seller's Agent in 2018

    William Rathjen

    McColly Real Estate

    (219) 313-5236

    22 Total Sales

    Section Image
  • Ed Del Real

    Buyer's Agent in 2018

    Ed Del Real

    McColly Real Estate

    (708) 214-4744

    2 in this area

    185 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR436543

Northwest Indiana Association of REALTORS®

APN: 45-12-17-356-018.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7500 Marshall St, Merrillville, IN

This home is located at 7500 Marshall St, Merrillville, IN 46410 since 11 June 2018 and is currently estimated at $217,279, approximately $112 per square foot. This property was built in 1942. 7500 Marshall St is a home located in Lake County with nearby schools including Jonas E. Salk 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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