Sold for $300,000

Street View

$300,000

3112 W 81st Ave, Merrillville, IN 46410

0beds

0baths

2,010sqft

SingleFamily

Built in 1930

0.32 Acres Lot

$304,300 Zestimate^®

$149/sqft

$1,986 Estimated rent

Home value

$304,300

$268,000 - $338,000

$1,986/mo

Zestimate^® history

Owner options

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$1,986/mo

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$1,986/mo

Rent Zestimate^®

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$1,513/mo

Est. payment

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$1,513/mo

Est. payment

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What's special

Great Investment Property with Great Frontage on very busy Hwy US30. Across the street from Buick, Jeep and Cadillac Dealerships. 3 doors down from McDonalds. 5 separate units in one building may be rented out. First Section has 3 separate offices with common area and 1 bathroom. Generate 3 incomes from this section. Second section is currently a Beauty Salon with 1 bathroom. Third section has one unit that is upstairs and be used as office with 1 Bathroom. 2 Furnaces, 2 A/C units, 2 units built in 2001 and the other was totally redone at the same time. New Windows, Roof, Siding, Electrical and Plumbing. 2 Basements. Potentially generates 5 incomes from this entire unit or use the entire unit for possibilities such as Law office, Real Estate office, Medical/Doctors office, Insurance or Mortgage firm. The Great investment possibilities are endless.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Heating

Other

Cooling

Central

Features

Basement: Partially finished

Interior area

Total interior livable area: 2,010 sqft

Property

Lot

Size: 0.32 Acres

Details

Parcel number: 451219278042000030

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Foundation: Crawl/Raised
Roof: Asphalt

Condition

Year built: 1930

Community & HOA

Location

Region: Merrillville

Financial & listing details

Price per square foot: $149/sqft
Tax assessed value: $341,900
Annual tax amount: $5,721

Price history

Date	Event	Price
5/2/2024	Sold	$300,000+9.1%$149/sqft
Source: Public Record Report a problem
5/2/2012	Listing removed	$11
Source: Prime Real Estate #284914 Report a problem
3/8/2012	Listed for rent	$11
Source: Prime Real Estate #284914 Report a problem
3/8/2012	Listing removed	$275,000$137/sqft
Source: Prime Real Estate #284914 Report a problem
9/10/2011	Listing removed	$11
Source: Prime Real Estate #284914 Report a problem
9/10/2011	Listed for sale	$275,000$137/sqft
Source: Prime Real Estate #284914 Report a problem
4/20/2011	Listed for rent	$11
Source: Prime Real Estate #284914 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,721 +12.9%	$341,900 +19%
2024	$5,065 +36.1%	$287,400 +10.8%
2023	$3,720 +7.2%	$259,300 +45.6%
2022	$3,472 +2.7%	$178,100 +5.9%
2021	$3,380 +3.2%	$168,200 +1.6%
2020	$3,275 -31%	$165,600 +0.4%
2019	$4,745 -0.8%	$165,000
2018	$4,785 +31.9%	$165,000 -1%
2017	$3,629	$166,700 -0.1%
2016	$3,629 +1.9%	$166,800 -2.2%
2014	$3,562 -4.2%	$170,600 -0.2%
2013	$3,719 -17.2%	$170,900 -2.3%
2012	$4,495 +6.1%	$175,000 -0.2%
2010	$4,237	$175,400
2009	--	$175,400