NOT LISTED FOR SALE

8636 Madison St Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $280,000 - $341,000

3 Beds
2 Baths
1,574 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $274,502 $174 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,570/month

222 Days on Market

Highlights

  • Under Construction
  • 2 Car Attached Garage
  • Tile Flooring
  • Cul-De-Sac
  • Patio
  • 1-Story Property

About This Home

As of January 2024

RANCH DUPLEX, 3 BED/2 BATH with Beautiful Pond View. This paired villa features 1574 sf, 3 beds, 2 baths, Oversized 2-car garage and Open Concept Great Room/Kitchen.Base Price of $254,900 + $8000 lot premium.Price includes Cathedral Ceilings in Great Room/Kitchen with Ceiling Fan, Raised Breakfast Bar, Maple Cabinetry, Whirlpool Stainless Steel Dishwasher & Microwave, Laundry Tub in Finished Laundry Room,Two-tone Paint pkg,Garage Door Opener with Keyless Entry, and 10x10 Concrete Patio. Pictures are illustrative of prior build.

Last Agent to Sell the Property

Kami Van Prooyen

Summit Real Estate Group, Inc. License #RB14049246 Listed on: 05/31/2023

Co-Listed By

Samantha Van Prooyen

Summit Real Estate Group, Inc. License #RB18001514

Last Buyer's Agent

Binika Henderson

Heritage Real Estate Services, License #RB14040519

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 6,080 Sq Ft Lot
  • Lot Dimensions are 40x152
  • Cul-De-Sac
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Brick Foundation

Interior Spaces

  • 1,574 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Merrillville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Cvp Development Company, Inc. Association, Phone Number (219) 663-4384
  • Villas On Madison At Hunter's Glen Subdivision

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Cul-De-Sac, Landscaped, Level, Paved, Pond On Lot
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1500
  • Co List Office Mls Id: NRA1500
  • Subdivision Name: Villas on Madison at Hunter's Glen
  • Above Grade Finished Sq Ft: 1574
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Reso Property Condition: Under Construction
  • AuctionYN: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Acres: 0.1396
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Other

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association Fee: 360
  • Association Name: CVP Development Company, Inc.
  • Phone: 219-663-4384
  • Association: Yes

Lot Info

  • Lot Dimensions: 40x152
  • Lot Size Sq Ft: 6080
  • Parcel #: NEW OR UNDER CONSTRUCTION

Tax Info

  • Year: 2022

MLS Schools

  • HighSchool: Merrillville High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jan 9, 2024
Sold by
Van Prooyen Builders Inc
Bought by
Cunningham David R and Cunningham Sharon H
Seller's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
Buyer's Agent
Binika Henderson
Heritage Real Estate Services,
List Price
$262,900
Sold Price
$274,502
Premium/Discount to List
$11,602
4.41%
Views
138
Current Estimated Value
$298,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,952
Avg. Annual Appreciation
4.48%
Original Mortgage
$248,581
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2023
Closed on
Jan 3, 2024
Sold by
Van Prooyen Builders Inc
Bought by
Cunningham David R and Cunningham Sharon H
Seller's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
Buyer's Agent
Binika Henderson
Heritage Real Estate Services,
List Price
$262,900
Sold Price
$274,502
Premium/Discount to List
$11,602
4.41%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,581
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2023
Closed on
Dec 19, 2023
Sold by
Cvp Development Company Inc
Bought by
Van Prooyen Builders Inc
Seller's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
Buyer's Agent
Binika Henderson
Heritage Real Estate Services,
List Price
$262,900
Sold Price
$274,502
Premium/Discount to List
$11,602
4.41%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,581
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2023
Closed on
Dec 13, 2023
Sold by
Cvp Development Company Inc
Bought by
Van Prooyen Builders Inc
Seller's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
Buyer's Agent
Binika Henderson
Heritage Real Estate Services,
List Price
$262,900
Sold Price
$274,502
Premium/Discount to List
$11,602
4.41%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,581
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cunningham David R -- Meridian Title
Cunningham David R $274,502 Meridian Title
Van Prooyen Builders Inc -- None Listed On Document
Van Prooyen Builders Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham David R $248,581
Previous Owner Cunningham David R $248,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $274,502 0.0% $174 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $274,502 +4.4% $174 / Sq Ft
05/31/2023 05/31/23 For Sale $262,900 -- $167 / 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 $26 $267,300 $31,600 $235,700
2023 $22 $1,100 $1,100 --
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kami Van Prooyen

    Summit Real Estate Group, Inc.

    (219) 746-6712

    20 in this area

    41 Total Sales

    Kami Van Prooyen
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Samantha Van Prooyen

    Summit Real Estate Group, Inc.

    (219) 746-6711

    17 in this area

    28 Total Sales

    Samantha Van Prooyen
    Section Image
  • Binika Henderson

    Buyer's Agent in 2024

    Binika Henderson

    Heritage Real Estate Services,

    (219) 613-3968

    5 in this area

    62 Total Sales

    Binika Henderson
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 530973

Northwest Indiana Association of REALTORS®

APN: 45-12-28-207-007.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

8636 Madison St, Merrillville, IN

Not Listed for Sale

MultiFamily

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