NOT LISTED FOR SALE

8649 Madison St Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $272,000 - $342,000

3 Beds
2 Baths
1,733 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $315,495 $182 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,677/month

59 Days on Market

Highlights

  • Under Construction
  • Cul-De-Sac
  • Patio
  • Neighborhood Views
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2024

RANCH DUPLEX, 3 BED/2 BATHThis 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 for Oversized Lot + $25,000 SUNROOM/4 SEASONS ROOMPrice includes Cathedral Ceilings in Great Room/Kitchen with Ceiling Fan, Raised Breakfast Bar, Maple Cabinetry w/Crown Moulding, Whirlpool Stainless Steel Dishwasher & Microwave, Laundry Tub in Finished Laundry Room,Garage Door Opener w/Keyless Entry, and 10x10 Concrete Patio. Interior pictures are illustrative of prior build.

Last Agent to Sell the Property

Kami Van Prooyen

Summit Real Estate Group, Inc. License #RB14049246 Listed on: 01/26/2024

Co-Listed By

Samantha Van Prooyen

Summit Real Estate Group, Inc. License #RB18001514

Last Buyer's Agent

Kami Van Prooyen

Summit Real Estate Group, Inc. License #RB14049246 Listed on: 01/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 10,306 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Brick Foundation

Interior Spaces

  • 1,733 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Merrillville High School

Utilities

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

Community Details

  • Cvp Development Association, Phone Number (219) 663-4384
  • Built by VanProoyen Builders, Inc.
  • 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 2024 | Under Construction

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Washer Hookup, Main Level
  • ResoLotFeatures: Cul-De-Sac, Paved, Pie Shaped Lot, Landscaped, Level
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Neighborhood
  • Reso Association Amenities: None
  • Reso Association Fee Includes: None
  • Co List Office Mls Id: NRA1500
  • Co List Office Phone: (219) 746-6712
  • Co List Office Mls Id: NRA1500
  • Subdivision Name: Villas on Madison at Hunter's Glen
  • Above Grade Finished Sq Ft: 1733
  • Architectural Style: Bungalow, Patio Home
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Reso Property Condition: Under Construction
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Breakfast Bar, Primary Downstairs, Vaulted Ceiling(s), Open Floorplan, Laminate Counters, Ceiling Fan(s), Cathedral Ceiling(s)
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Fencing: None
  • Acres: 0.2366
  • Waterfront: No
  • Builder Name: VanProoyen Builders, Inc.
  • 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

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Association Name: CVP Development
  • Phone: 219-663-4384
  • Association: Yes

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 10306.3
  • Parcel #: NEW OR UNDER CONSTRUCTION
  • Zoning Description: Residential

Tax Info

  • Year: 2023

MLS Schools

  • HighSchool: Merrillville High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Sep 5, 2024
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
Kami Van Prooyen
Summit Real Estate Group, Inc.
List Price
$288,900
Sold Price
$315,495
Premium/Discount to List
$26,595
9.21%
Views
128
Current Estimated Value
$313,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,490
Avg. Annual Appreciation
-0.61%
Original Mortgage
$309,780
Outstanding Balance
$306,497
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$6,508

Purchase Details

Listed on
Jan 26, 2024
Closed on
Sep 3, 2024
Sold by
Van Prooyen Builders Inc
Bought by
Joshua Grace M
Seller's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
Buyer's Agent
Kami Van Prooyen
Summit Real Estate Group, Inc.
List Price
$288,900
Sold Price
$315,495
Premium/Discount to List
$26,595
9.21%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,780
Outstanding Balance
$306,497
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$6,508
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Van Prooyen Builders Inc -- Meridian Title
Joshua Grace M -- Meridian Title
Van Prooyen Builders Inc -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshua Grace M $309,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $315,495 0.0% $182 / Sq Ft
06/27/2024 06/27/24 Price Changed $315,495 +1.0% $182 / Sq Ft
05/09/2024 05/09/24 Price Changed $312,454 +2.9% $180 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $303,770 +4.5% $175 / Sq Ft
03/20/2024 03/20/24 Price Changed $290,580 +0.6% $168 / Sq Ft
01/26/2024 01/26/24 For Sale $288,900 -- $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 $1,100 $1,100 --
2023 -- $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
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544323

Northwest Indiana Association of REALTORS®

APN: 45-12-28-207-013.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

8649 Madison St, Merrillville, IN

Not Listed for Sale

MultiFamily

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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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