NOT LISTED FOR SALE

Estimated Value: $4,444,894

-- Bed
-- Bath
17,646 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 8127 Merrillville Rd, Merrillville, IN 46410 and is currently estimated at $4,444,894, approximately $251 per square foot. 8127 Merrillville Rd is a home located in Lake County with nearby schools including Homer Iddings Elementary School, Merrillville Intermediate School, and Pierce Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Southlake Medical Llc
Bought by
Alpha Rei Llc
Current Estimated Value
$4,444,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Outstanding Balance
$1,810,269
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$2,632,812

Purchase Details

Closed on
Jun 5, 2017
Sold by
Husky Lane Acquisitions Iii Llc
Bought by
Southlake Medical Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2014
Sold by
Husky Lake Iii Diversified Llc
Bought by
Husky Lake Acquisition Iii Llc

Purchase Details

Closed on
Jan 10, 2014
Sold by
Southlake Professional Plaza Llc
Bought by
Husky Lake Iii Diversified Llc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Dr Venture Llc
Bought by
Southlake Professional Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Alpha Rei Llc -- Chicago Title Company
Southlake Medical Llc -- None Available
Husky Lake Acquisition Iii Llc -- None Available
Husky Lake Iii Diversified Llc $1,250,000 None Available
Southlake Professional Plaza Llc -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Rei Llc $2,480,000
Previous Owner Southlake Medical Llc $1,160,000
Previous Owner Husky Lake Iii Diversified Llc $6,010
Previous Owner Southlake Professional Plaza Llc $1,537,500
Source: Public Records

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 $57,263 $2,448,900 $704,400 $1,744,500
2023 $47,739 $2,443,900 $704,400 $1,739,500
2022 $51,042 $2,443,400 $704,400 $1,739,000
2021 $52,013 $2,475,000 $704,400 $1,770,600
2020 $27,348 $1,315,500 $704,400 $611,100
2019 $29,244 $1,315,500 $704,400 $611,100
2018 $30,692 $1,315,500 $704,400 $611,100
2017 $31,727 $1,315,500 $704,400 $611,100
2016 $30,464 $1,315,500 $704,400 $611,100
2014 $33,702 $1,586,000 $945,100 $640,900
2013 $35,152 $1,586,800 $945,100 $641,700
Source: Public Records

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