NOT LISTED FOR SALE

7531 Marshall Place Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $209,765 - $220,000

4 Beds
2 Baths
1,204 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $119,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,468/month

130 Days on Market

Highlights

  • Deck
  • Den
  • Country Kitchen
  • Ranch Style House
  • Covered Patio or Porch
  • 1.5 Car Attached Garage

About This Home

As of May 2016

Preferred Homes fades back,throws,&YOU SCORE BIG!Another PRISTINE remodel for the deserving buyer!3possible4bdrm,or use as needed,2full bath,ranch style home where every inch was purposely planned out w/you in mind!ALL NEW KITCHEN w/glass tile back-splash,granite counter-tops,new cabinetry w/hardware,fixtures,stainless steel appliances,ceramic flooring.Dining area;new french patio doors w/encased blinds,scraped hardwood laminate flooring into sizable living room w/recessed lighting on dimmer,warm neutral color scheme throughout.Main bath w/ceramic flooring&tub surround w/inlay,new tub,fixtures,granite vanity.YES,even a MAIN BDRM FULL BATH offers more of the same.New carpeting in bdrms,light fixtures on dimmer.New siding,windows,gutters,ac,hwh,finished 1.5car garage.Back yard is fenced w/deck&an abundance of curb appeal going on up front!More?Seller even created a laundry/utility room!GREAT location for shopping,schools,churches,etc.A QUALITY HOME W/A CLEAN&CRISP FEEL FOR THE NEW YEAR!

Last Agent to Sell the Property

Christine Teibel

SCHUPP Real Estate License #RB14036172 Listed on: 01/04/2016

Co-Listed By

John Schupp

SCHUPP Real Estate License #RB14033846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1969

Lot Details

  • 8,886 Sq Ft Lot
  • Lot Dimensions are 74x120
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Lincoln Gardens 08 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451217356006000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1120
  • Co List Office Mls Id: GNR1120
  • Subdivision Name: Lincoln Gardens 08
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Country Kitchen, Den/Office, Finished Laundry Rm, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Porch-Covered, Deck, Fence
  • Acres: 0.204

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

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

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 74X120
  • Lot Size Sq Ft: 8886
  • Parcel #: 451217356006000030

Tax Info

  • Year: 2014
  • Tax Annual Amount: 732

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 13, 2016
Sold by
Preferred Homes Llc
Bought by
Kelly Jarrett W
Seller's Agent
Christine Teibel
SCHUPP Real Estate
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$212,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,941
Avg. Annual Appreciation
6.60%
Original Mortgage
$116,844
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 7, 2015
Closed on
Dec 2, 2015
Sold by
Lutz Michael D and Lutz Susan E
Bought by
Pefferred Homes Llc
Seller's Agent
Jennifer Adams
McColly Real Estate
Buyer's Agent
Christine Teibel
SCHUPP Real Estate
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1417.27%

Purchase Details

Closed on
May 31, 2006
Sold by
Hudson Michael V
Bought by
Lutz Michael D and Lutz Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,223
Interest Rate
6.62%
Mortgage Type
FHA
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
Kelly Jarrett W -- Fidelity National Title Co
Pefferred Homes Llc -- Attorney
Lutz Michael D -- Ticor Cp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Jarrett W $125,152
Closed Kelly Jarrett W $116,844
Previous Owner Lutz Michael D $127,168
Previous Owner Lutz Michael D $113,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $119,000 0.0% $99 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $119,000 +240.0% $99 / Sq Ft
12/02/2015 12/02/15 Sold $35,000 0.0% $29 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $35,000 -- $29 / 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 $3,723 $158,300 $31,900 $126,400
2023 $1,211 $158,900 $30,700 $128,200
2022 $1,211 $138,800 $26,100 $112,700
2021 $993 $122,300 $24,600 $97,700
2020 $900 $116,200 $23,400 $92,800
2019 $1,405 $114,100 $22,900 $91,200
2018 $1,475 $116,500 $22,900 $93,600
2017 $1,279 $115,900 $22,900 $93,000
2016 $1,277 $115,800 $22,100 $93,700
2014 $732 $102,600 $22,100 $80,500
2013 $763 $102,600 $23,500 $79,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christine Teibel

    SCHUPP Real Estate

    Section Image
  • John Schupp

    Seller Co-Listing Agent in 2016

    John Schupp

    SCHUPP Real Estate

    (219) 775-2373

    4 in this area

    325 Total Sales

    John Schupp
    Section Image

  • J

    Seller's Agent in 2015

    Jennifer Adams

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR385776

Northwest Indiana Association of REALTORS®

APN: 45-12-17-356-006.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7531 Marshall Place, Merrillville, IN

This home is located at 7531 Marshall Place, Merrillville, IN 46410 since 04 January 2016 and is currently estimated at $212,941, approximately $176 per square foot. This property was built in 1969. 7531 Marshall Place 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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