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(SOLD) $445,900

000 Confidential Ave. Merrillville, IN 46410

  • 8 Beds
  • 8 Baths
  • 4,515 sq. Ft

Property Description for 3891 W 74th Court Merrillville, IN 46410

Want a great Investment opportunity? Take a close look at this well cared for and well maintained 4 unit investment property with town-home style units. Each unit has it's own meters for gas and electricity. Tenant paid. 3 tenants are month to month and one tenant is on a 1 year lease. 3.5 Car Garage that you can rent. One tenant currently rents the 2 car part of the garage and one other tenant rents the 1 car ~ Each unit offers separate entrance areas, Upper levels includes 2 large bedrooms and a Full Bath. All units are basically the same. Recent updates have been made. Kitchen features quality cabinets, B/I dishwasher, stove, refrigerator and hook-ups for washer and dryer, sliding glass door leads to the patio and garage area.Why not live in one unit and rent the rest to pay your mortgage. Or, simply rent them all and and let it pay for itself while making a positive cash flow. New roof on building and garage around 2014. Don't miss out on this great investment opportunity.

Address:000 Confidential Ave.Merrillville IN 46410
Status:Sold
Sold On: 5/24/2022
Price:$445,900
Bedrooms:8 Beds
Bathrooms:4 Full Baths, 4 Half Baths
Sq. Feet:4,515
Year Built:1978
Lot Size:0.43
County: Lake
MLS #:511391
Property Type:Income Property

Total Sq. Ft. :4,515

Loan Price
$2,512
Price And Interest $2,326/month
Property Tax $0/month
MTG INS $0/month
HOME INS $186/month
Price
$445,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,232 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Subdivision: Southbrook #2
Zip Code:46410

Total Sq. Ft.:4,515
Total Rooms:24
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 3891 W 74th Court Merrillville, IN  46410


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Listing provided courtesy of Frank Lopez with eXp Realty, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/04/2023 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

127
Avg. DOM
$159.96
Avg. $ / Sq.Ft.
$ 294,450
Med. List Price

The house prices in Merrillville are indeed dropping at the moment. There has been a decrease in price of $36,033.13. 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.

The housing market and house prices in Merrillville are going Down. The average house price is $284,900.00 and the average price per square feet is $156.35 per square feet. At the moment, the amount of homes listed is exactly 3484 houses, with 67 with active status, 1 with pending status and 3416 sold in Merrillville .

The most popular place to buy a home in Merrillville is null. null 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 $221.67. 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 45 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 2664 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Merrillville is $464,900.00. 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 $119,900.00 . 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 1869 and the newest built house is in year 2024.

The average size of properties in Merrillville is 2034.64 sq.ft. , the biggest one being 3824 sq.ft. and the smaller being 925 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.