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$389,000 ↓$10,100on 12/4/2024

200 W 61st Avenue Merrillville, IN  46410

  • 5,438 sq. Ft

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Property Description for 200 W 61st Avenue Merrillville, IN 46410

Welcome to 200 W 61st Ave, a prime property located in the thriving town of Merrillville, Indiana. This unique property offers exceptional flexibility, making it perfect for both commercial and residential use. You can both establish your business and create a home, this location provides endless possibilities.Situated on a bustling avenue with high visibility and easy access, this property is ideal for businesses looking to attract drive-by customers.The main level features several office spaces and an enclosed porch.perfect retail shops, medical practices, or service-oriented businesses. The basement has two more rooms that could be used as offices or storage. One large room that could be used as a conference room with fireplace and bathroom. The upstairs features full kitchen and full bathroom. Up stairs could be used as living quarters or more offices for the businessAmple parking space, proximity to other businesses, and convenient access to major highways and public transportation make this a highly attractive commercial investment. Heated 4 car garage is perfect for storage or a shop.Flexibility to use the property for either commercial purposes, residential purposes or both.Easy access to major roads, highways, and public transportation.

Address:200 W 61st Avenue Merrillville IN 46410
Status:Active
on site: 205 days
Price:$389,000
Bathrooms:0
Sq. Feet:5,438
Year Built:1921
Lot Size:0.89
County: Lake
Township: Ross
MLS #:804113
Property Type:Mixed Use

Lot Dimensions:165 x 264
Directions:From Broadway head west on 61st, building is on the right after the light
Total Sq. Ft. :5,438
Basement:Yes

Loan Price
$2,191
Price And Interest $2,029/month
Property Tax $0/month
MTG INS $0/month
HOME INS $162/month
Price
$389,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,944 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/25/24 $399,100 $389,000 -2.53%
11/15/24 $399,200 $399,100 -0.03%
11/08/24 $399,300 $399,200 -0.03%
11/04/24 $399,400 $399,300 -0.03%
10/25/24 $399,500 $399,400 -0.03%
10/20/24 $399,600 $399,500 -0.03%
10/11/24 $399,700 $399,600 -0.03%
10/07/24 $399,800 $399,700 -0.03%
10/01/24 $399,900 $399,800 -0.03%

Tax Year:2023
Mandatory HOA Fee:$

Zip Code:46410

Total Sq. Ft.:5,438
Interior Features:None
Appliances:None
Exterior Features:Private Entrance, Rain Gutters
Heat:Forced Air
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Rebecca Carnagey with RC Real Estate from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/22/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Merrillville Market Report

136
Avg. DOM
$157.49
Avg. $ / Sq.Ft.
$ 279,450
Med. List Price

The house prices in Merrillville are indeed dropping at the moment. There has been a decrease in price of $170,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Merrillville.

The most popular place to buy a home in Merrillville is 002 - Fayette County NE. 002 - Fayette County NE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Merrillville .

The average amount of property taxes you would have to pay for a home in Merrillville is $1,008.96. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Merrillville are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Merrillville was 5 minutes ago.

At the moment we have 24 open houses that you can visit.

The cost of the most expensive home in Merrillville is $519,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Merrillville is $102,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Merrillville in year 1920 and the newest built house is in year 2025.

The average size of properties in Merrillville is 2025.69 sq.ft. , the biggest one being 4732 sq.ft. and the smaller being 720 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.