NOT LISTED FOR SALE

8723 Madison St Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $253,000 - $265,000

3 Beds
1.5 Baths
1,600 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $146,000 $91 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,799/month

27 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Den
  • Cooling Available

About This Home

As of September 2016

Fresh, Updated, and all MAJORS are BRAND NEW! NEW FURNACE, NEW A/C, NEW HOT WATER HEATER and NEW SUMP PUMP!! Welcome to this OPEN CONCEPT 3 bedroom, 1.5 BATH, TOWNHOUSE. Grand 2 story FOYER with ceramic flooring opens to the Living Room with FLOOR TO CEILING WINDOWS! The first floor bedroom/office has new french doors and contemporary ceiling fan. The EAT-IN KITCHEN is open to the Living Room and features THICK GRANITE COUNTERS, NEW DISHWASHER, NEW GAS RANGE, NEW SINK, FAUCET, and NEW FLOORING. FRESHLY PAINTED, AND NEW CARPET THROUGHOUT! Upstairs are 2 more bedrooms; MASTER has a VAULTED CEILING, CORNER WINDOWS, NEW CEILING FAN and WALK-IN CLOSET. The 2 Bedrooms share an OVERSIZED BATHROOM, with SEPARATE TUB with SHOWER and STAND ALONE SHOWER. LARGE 16 in. CERAMIC TILE on the diagonal. NEW LIGHTING. The other bedroom is Light and Bright and offers a deep closet and new ceiling fan. DECK is PRIVATE. 2 CAR GARAGE. LOW HOA. GREAT LOCATION TO HOSPITAL, SHOPPING AND TRANSPORTATION!

Last Agent to Sell the Property

Sarah Portone

Better Homes and Gardens Real License #RB14044159 Listed on: 07/14/2016

Better Homes and Gardens Real

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1996

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30 x 100
  • Landscaped
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Den
  • Sump Pump

Kitchen

  • Portable Gas Range
  • Range Hood
  • Portable Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 451228259003000030

Community Details

Overview

  • Westwood Subdivision

Building Details

  • Net Lease

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,046

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Westwood
  • Architectural Style: Townhouse
  • GNR_Exterior: Brick,Cedar
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 450
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Portable Dishwasher, Disposal, Portable Gas Range, Range Hood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Den/Office, Finished Laundry Rm, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.0689

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 37.5

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 30 X 100
  • Lot Size Sq Ft: 3000
  • Parcel #: 451228259003000030

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1046

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 13, 2016
Sold by
Alm Holdings Llc
Bought by
Heflin Kristi D
Seller's Agent
Sarah Portone
Better Homes and Gardens Real
List Price
$146,000
Sold Price
$146,000
Current Estimated Value
$257,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,934
Avg. Annual Appreciation
6.34%
Original Mortgage
$127,800
Outstanding Balance
$102,180
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$155,754

Purchase Details

Closed on
May 16, 2016
Sold by
Latham Mary
Bought by
Alm Holdings Llc

Purchase Details

Closed on
Apr 30, 2012
Sold by
Lathan Mary
Bought by
Lathan Mary and Hennings Mary P

Purchase Details

Closed on
Apr 20, 2006
Sold by
Siggins John J and Siggins Karen M
Bought by
Lathan Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,640
Interest Rate
6.42%
Mortgage Type
FHA
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
Heflin Kristi D -- Meridian Title Corp
Alm Holdings Llc $82,000 None Available
Lathan Mary -- None Available
Lathan Mary -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heflin Kristi D $127,800
Previous Owner Lathan Mary $131,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $146,000 0.0% $91 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $146,000 -- $91 / 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 $4,867 $208,000 $20,300 $187,700
2023 $1,827 $207,700 $19,700 $188,000
2022 $1,827 $184,200 $16,700 $167,500
2021 $1,520 $160,900 $15,600 $145,300
2020 $1,358 $150,100 $14,500 $135,600
2019 $1,599 $145,300 $13,900 $131,400
2018 $1,428 $130,500 $13,900 $116,600
2017 $1,602 $131,700 $13,900 $117,800
2016 $1,451 $118,500 $13,400 $105,100
2014 $1,040 $124,900 $13,700 $111,200
2013 $1,097 $125,800 $14,700 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Sarah Portone

    Seller's Agent in 2016

    Sarah Portone

    Better Homes and Gardens Real

    (219) 313-5217

    100 Total Sales

    Sarah Portone
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR397687

Northwest Indiana Association of REALTORS®

APN: 45-12-28-259-003.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

8723 Madison St, Merrillville, IN

Not Listed for Sale

Townhouses

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