Seller's Agent in 2020
Shawna Slavich
Better Homes and Gardens Real
(708) 878-0214
2 in this area
8 Total Sales
7513 Madison St Merrillville, IN 46410
Central Merrillville NeighborhoodEstimated Value: $252,000 - $292,000
3
Beds
1.5
Baths
1,782
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- 1.01 Acre Lot
- Main Floor Bedroom
- 2 Car Detached Garage
- Cape Cod Architecture
- Den
- Country Kitchen
About This Home
As of December 2020Warning! You will fall in LOVE with this newly renovated 3BR/1.5 BA Cape Cod, on 1.1 acre. Current owners have updated this home and checked off all the boxes, MOVE IN READY! NEW Roof, NEW Windows, NEW AC Unit, NEW Sump Pump, Recently installed Furnace, NEW Kitchen; it's all been taken care of. This home is full of charm! Original hardwood floors, arched doorways, plenty of storage space, and tucked away attic nooks are some of the gems of this home. Two bedrooms and a full bath grace the main level and there is a third bedroom with it's own half bath, plus bonus room/office, making the upstairs an ideal Master/Student Suite. The basement is newly sealed and painted, providing even more possibilities and ideal for a game room/movie theatre/workout room with plenty of room for additional storage. Stepping outside to enjoy this tree lined oasis will have you be shocked you are less than a mile from Rt. 30 and all the shopping, restaurants and interstate access. Won't Last Long!
Last Agent to Sell the Property
Better Homes and Gardens Real License #RB17001568 Listed on: 10/23/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,066
Year Built
- Built in 1947
Lot Details
- 1.01 Acre Lot
- Lot Dimensions are 110x400
- Landscaped
- Paved or Partially Paved Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Cape Cod Architecture
- Aluminum Siding
Interior Spaces
- 1,782 Sq Ft Home
- Living Room
- Den
- Basement
- Sump Pump
Kitchen
- Country Kitchen
- Portable Gas Range
- Range Hood
- Microwave
- Portable Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
Schools
- Merrillville High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 451216476031000030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2021
Sold by
Huisman Jason and Huisman Kathleen
Bought by
Troutner James L and Troutner Jeanne E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Outstanding Balance
$120,143
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$163,411
Purchase Details
Listed on
Oct 23, 2020
Closed on
Dec 15, 2020
Sold by
Huisman Jason and Huisman Kathleen
Bought by
Troutner James L and Troutner Jeanne E
Seller's Agent
Shawna Slavich
Better Homes and Gardens Real
List Price
$220,000
Sold Price
$220,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$131,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Troutner James L | -- | Barrister Title | |
| Troutner James L | -- | Barrister Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Troutner James L | $131,000 | |
| Previous Owner | Troutner James L | $50,000 | |
| Previous Owner | Troutner James L | $131,000 | |
| Previous Owner | Huisman Jason | $125,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $220,000 | 0.0% | $123 / Sq Ft |
| 11/24/2020 11/24/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $220,000 | -- | $123 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $5,155 | $220,000 | $46,000 | $174,000 |
| 2023 | $2,392 | $220,000 | $46,000 | $174,000 |
| 2022 | $2,392 | $240,000 | $39,400 | $200,600 |
| 2021 | $1,878 | $187,800 | $36,800 | $151,000 |
| 2020 | $689 | $100,600 | $35,100 | $65,500 |
| 2019 | $2,066 | $98,600 | $34,300 | $64,300 |
| 2018 | $1,918 | $97,300 | $34,300 | $63,000 |
| 2017 | $1,716 | $100,900 | $34,300 | $66,600 |
| 2016 | $1,540 | $99,200 | $33,100 | $66,100 |
| 2014 | $671 | $98,200 | $32,700 | $65,500 |
| 2013 | $726 | $100,000 | $35,200 | $64,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR483962
APN: 45-12-16-476-031.000-030
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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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