NOT LISTED FOR SALE

7701 Colorado St Merrillville, IN 46410

Estimated Value: $223,000 - $262,000

4 Beds
1.5 Baths
1,540 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $215,000 $140 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,909/month

11 Days on Market

Highlights

  • Sauna
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 0.94 Acre Lot
  • Recreation Room
  • Covered Patio or Porch

About This Home

As of August 2021

LARGE 4 BED 1.5 BATH HOME ON 1 ACRE!!! Original hardwood floors run throughout home which sits on a full unfinished basement. Frigidaire stainless refrigerator & electric stove in kitchen w/ large pantry. Plenty of room for a large family and lots of potential to customize and make your own. Home sits on a 1 acre lot w/ mature landscaping & plenty of room for outdoor fun. Riding lawn mower & snow blower included in sale w/ acceptable offer. Covered front & back porch. 8' x 25' & 9.5' x 27.5' back patio off garage & rear of home. 2.5 car garage w/ attached 8' x 10' storage shed. Additional side drive parking. Basement has a 3 yr old gas furnace, gas water heater, partially finished but functional DIY dry sauna, old fireplace that was capped off w/ a concrete slab at ground level on exterior of home, workshop area, lots of storage/shelves/cabinets & a washer/dryer laundry area. Lots of bonus room in basement. Easy access to Highway 30 for commuters. Schedule soon.

Last Agent to Sell the Property

John Rupp

Advantage Realty Team, LLC License #RB14037111 Listed on: 07/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1938

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 100 x 410
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Steel Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Sauna

Kitchen

  • Country Kitchen
  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Utilities

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

Community Details

  • Green Acres Dev Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451224101002000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Landscaped, Nearly Level, Paved Road
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1262
  • Subdivision Name: Green Acres Dev
  • Architectural Style: Cape Cod
  • GNR_Exterior: Steel,Stone
  • GNR_UnfinishedSquareFootage: 964
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Sauna/Steam Room
  • Basement: Daylight
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Porch-Covered, Patio, Storage Shed
  • Acres: 0.941

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

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

Lot Info

  • Lot Dimensions: 100 x 410
  • Lot Size Sq Ft: 40990
  • Parcel #: 451224101002000046

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1104

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 30, 2021
Sold by
Rupp John P and Wilson Brian C
Bought by
Lopez Ricardo S
Seller's Agent
John Rupp
Advantage Realty Team, LLC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$248,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,149
Avg. Annual Appreciation
3.68%
Original Mortgage
$211,105
Outstanding Balance
$192,227
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$55,922

Purchase Details

Closed on
Jul 12, 2007
Sold by
Sopko Michael Steven and Sopko Helen
Bought by
Wilson Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,586
Interest Rate
6.54%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Lopez Ricardo S $215,000 Mtc
Wilson Brian C -- Ticor Scher
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ricardo S $211,105
Previous Owner Wilson Brian C $141,851
Previous Owner Wilson Brian C $144,586
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $215,000 0.0% $140 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $215,000 -- $140 / 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 $6,688 $209,800 $33,200 $176,600
2023 $1,923 $209,400 $32,500 $176,900
2022 $1,923 $192,300 $29,600 $162,700
2021 $1,212 $121,200 $27,100 $94,100
2020 $1,104 $116,900 $26,100 $90,800
2019 $1,384 $116,900 $26,100 $90,800
2018 $1,415 $117,100 $26,100 $91,000
2017 $1,472 $116,700 $26,100 $90,600
2016 $1,404 $116,400 $25,100 $91,300
2014 $1,099 $117,200 $25,400 $91,800
2013 $1,107 $113,100 $26,200 $86,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Rupp

    Advantage Realty Team, LLC

    (219) 928-2899

    3 in this area

    41 Total Sales

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR496106

Northwest Indiana Association of REALTORS®

APN: 45-12-24-101-002.000-046

Indiana Lake County Merrillville 46410

7701 Colorado St, Merrillville, IN

This home is located at 7701 Colorado St, Merrillville, IN 46410 since 03 July 2021 and is currently estimated at $248,149, approximately $161 per square foot. This property was built in 1938. 7701 Colorado St is a home located in Lake County with nearby schools including John Wood 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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