NOT LISTED FOR SALE

7704 Montana St Merrillville, IN 46410

Estimated Value: $189,000 - $217,262

3 Beds
1 Bath
1,120 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,975 $2 Per Sq Ft

Est. 10,220% increase in value since last sale

Current estimated payment $1,476/month

24 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of October 2023

Pathway to homeownership!Seller is offering a 3 year lease with option to purchase. Purchase price will be $265,000, Up front fee of $7950 due at move in. Up front fee is credited to the price at the time of purchase, $50 per on time payment during lease period will be credited toward the buyer's closing costs on the purchase. $100 Application fee. NOT FOR RENT ONLY, Check out this beautifully remodeled ranch home in a great location close to shopping, restaurants and tons of activities! Beautiful hardwood flooring, recessed lighting and large picture window, open concept kitchen, brand new appliances, granite countertops, three large bedrooms with hardwood flooring and a perfectly refinished bathroom with a walk-in shower and raised height vanity. Conveniently located laundry room with utility sink and built in shelves for plenty of storage! Detached 2 car garage and generously-sized backyard.

Last Agent to Sell the Property

Steve Monsma

Weichert Realtors - Shoreline Brokerage Phone: 219-713-9450 License #RB19002253 Listed on: 10/06/2023

Weichert Realtors - Shoreline

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80 x 196
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,120 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Portable Gas Range
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451224102018000046

Community Details

Overview

  • No Home Owners Association
  • Lincolnway Farms Inc Green Acre Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR970
  • Subdivision Name: Lincolnway Farms Inc Green Acre
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: 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: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Attribution Contact: 219-713-9450
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Dishwasher, Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence
  • Acres: 0.36

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 X 196
  • Lot Size Sq Ft: 15682
  • Parcel #: 451224102018000046

Tax Info

  • Year: 2021
  • Tax Annual Amount: 745

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Housemart Inc
Bought by
Midwest Rental Solutions Llc
Current Estimated Value
$203,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,809,380
Outstanding Balance
$3,709,570
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$3,505,754

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 13, 2022
Sold by
Preferred Homes Llc
Bought by
Housemart Inc
Seller's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
Buyer's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$184,500
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 6, 2022
Sold by
Preferred Homes Llc
Bought by
Housemart Inc
Seller's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
Buyer's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 30, 2022
Sold by
Roseanne Wade Trust
Bought by
Preferred Homes Llc
Seller's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
Buyer's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 29, 2022
Sold by
Roseanne Wade Trust
Bought by
Preferred Homes Llc
Seller's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
Buyer's Agent
Mary Guernsey
Listing Leaders Advantage, LLC
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wade Roseanne
Bought by
Wade Roseanne and The Roseanne Wade Trust
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
Midwest Rental Solutions Llc -- --
Housemart Inc $165,000 Sandoval Jose C
Housemart Inc $165,000 Sandoval Jose C
Preferred Homes Llc -- Chicago Title
Housemart Inc $165,000 Sandoval Jose C
Preferred Homes Llc -- Chicago Title
Wade Roseanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Rental Solutions Llc $3,809,380
Previous Owner Housemart Inc $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $1,975 0.0% $2 / Sq Ft
10/06/2023 10/06/23 For Sale $1,975 0.0% $2 / Sq Ft
01/18/2023 01/18/23 Sold $1,975 +19.7% $2 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $1,650 -98.9% $1 / Sq Ft
03/29/2022 03/29/22 Sold $155,000 0.0% $138 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $155,000 -- $138 / 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 $4,395 $139,100 $29,200 $109,900
2023 $435 $137,600 $28,300 $109,300
2022 $435 $130,400 $26,000 $104,400
2021 $427 $105,200 $23,800 $81,400
2020 $419 $97,600 $22,100 $75,500
2019 $712 $95,800 $21,700 $74,100
2018 $677 $93,200 $21,700 $71,500
2017 $1,037 $93,000 $21,700 $71,300
2016 $1,006 $93,600 $20,800 $72,800
2014 $751 $95,800 $21,000 $74,800
2013 $805 $95,800 $22,400 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR539822

Northwest Indiana Association of REALTORS®

APN: 45-12-24-102-018.000-046