Check Availability
Merrillville 46410
225 W 53rd Lane
$235,000
↓ $10K (4.1%)
House - For Sale

225 W 53rd Lane

Merrillville, IN 46410
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1194 Sqft
$1,420
Estimated Monthly
$0
HOA / Fees
5.85%
Cap Rate

About This Property

This is a Fannie Mae Homepath home. Welcome home to this charming 3 bedroom, 1 bath brick ranch! This cozy abode boasts an attached 1-car garage and a fenced yard, perfect for outdoor enjoyment. Step inside to discover a beautifully updated interior, featuring new kitchen cabinets, granite countertops, and updated bathrooms. The home also offers new flooring, drywall, paint, fixtures, and doors throughout. Enjoy peace of mind with a new roof, gutters, furnace, and central air. Don't miss out on this fantastic opportunity!

The manager has listed the unit size as 1194 square feet.
Unit Size
1,194Ft²
Days on Market
43 days
Land Size
0.20 acres
Price per sqft
$197
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1960

Listed By

Last updated: 13 days ago (GNIARIN #801325)

Price History

Date / Event Date Event Price
Apr 25, 2024 Price Decreased $235,000
↓ $10K (4.1%)
Price Decreased
Mar 25, 2024 Listed by Dream Team Agents LLC $245,000
Listed by Dream Team Agents LLC
May 20, 2022 Sold $164,400
Sold

Property Highlights

Interior Details

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Floor Count: 1
  • Basement Area: 1,194
  • Garage Square Area: 322
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,710
  • Gross Building Area: 2,710
  • Building Area: 1,194
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MEADOWLAND ESTATES UNIT NO.2
  • Land Acres: 0.198
  • Legal Description 1: MEADOWLAND ESTATES UNIT NO.2 ALL L.8 BL.H E. 10 FT. L.7 BL.H

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Current Owner 2: DEPARTMENT OF REVENUE
  • Previous Owner : SHERIFF OF LAKE COUNTY
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Dec 11, 2023

Neighborhood

  • School District Name: Merrillville Community School
  • Census Tract: 042403

Geography

  • Assessors Map Reference: MP H15-250 13
  • District: 0008
  • Parcel: 45-12-04-228-008.000-031
  • Block: H
  • Lot: 8
  • Municipality: ROSS TOWNSHIP
  • Latitude: 41.5208
  • Longitude: -87.3391

    Address

  • Full Address: 225 W 53rd Ln
  • Address - House Number: 225
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Merrillville
  • Carrier Code: C042
  • 4-Digit Zip Code: 1469
  • Zip Code: 46410

Valuation

    Tax

  • Total Area: 2,388
  • Tax Year: 2022
  • Tax Amount: $1,135
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 207,900
  • High Value: 258,778
  • Low Value: 157,022

    Market Valuation

  • Market Total Value: $153,100
  • Market Land Value: $32,200
  • Market Improvement Value: $120,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,100
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $120,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11888436916
  • Current Sale Price: $164,400
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 16010

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,425 ft²
$193/ft²
$274,900 Feb 5, 2024
-
$113/mo
House
4 Beds
2 Baths
2,234 ft²
$128/ft²
$284,900 Feb 5, 2024
-
$192/mo

About Merrillville


Similar Homes for Sale

Unit for sale at 5515 Jackson Street, Merrillville, IN 46410

$284,900

  • 4 Beds
  • 2 Baths
  • 2,234 ft²
5515 Jackson Street, Merrillville, IN 46410 Listing by Kristin Crownover
Unit for sale at 5688 Connecticut Street, Merrillville, IN 46410

$274,900

  • 3 Beds
  • 2 Baths
  • 1,425 ft²
5688 Connecticut Street, Merrillville, IN 46410 Listing by Nicole Vazquez

Nearby Rentals

Unit for rent at 5351 Grant Street, Merrillville, IN, 46410

$1,625 /mo

  • 3 Beds
  • 2 Baths
  • 1,449 ft²
5351 Grant Street, Merrillville, IN, 46410 Listing by Kelly Turner


Frequently Asked Questions

When was property at 225 West 53rd Lane built and last sold?
The property at 225 West 53rd Lane was built in 1960 and last sold on May 6, 2022 for $164,400.
How much is this home worth?
The estimated value of the home located at 225 West 53rd Lane is $246,216.
What are some comparable homes to 225 West 53rd Lane?
Homes that are comparable to 225 West 53rd Lane include a house property at 5688 Connecticut Street, 5515 Jackson Street, which are both great to check out.

Quantcast