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1050 54th Ave

Merrillville, IN 46410

3 bd 2 ba 2,135 sqft Built 1958 Lot 9,017 sqft single_family
Most recent sale
$62,500
Jul 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Price changed $249,000 NIRA
Apr 11, 2024 Price changed $255,000 NIRA
Mar 21, 2024 Price changed $259,000 NIRA
Mar 18, 2024 Relisted $263,900 NIRA
Mar 11, 2024 Listing removed NIRA
Feb 16, 2024 Price changed $263,900 NIRA
Feb 8, 2024 Price changed $266,900 NIRA
Feb 2, 2024 Price changed $267,900 NIRA
Jan 11, 2024 Price changed $269,900 NIRA
Jan 5, 2024 Price changed $273,900 NIRA
Nov 3, 2023 Listed $274,900 NIRA
Jul 11, 2023 Sold $62,500 Public Record
May 12, 2017 Sold $149,900 NIRA
Mar 10, 2017 Listed $149,900 NIRA
Mar 24, 2005 Sold $119,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $180,500 $33,800 $214,300 $1,572
2022 $163,200 $27,600 $190,800 $1,908
2021 $132,000 $24,400 $156,400 $1,458
2020 $123,700 $22,800 $146,500 $1,309
2019 $122,300 $22,600 $144,900 $1,405
2018 $121,400 $22,600 $144,000 $1,473
2017 $86,400 $21,700 $108,100 $1,480
2016 $84,200 $21,500 $105,700 $938
2015 $87,300 $22,600 $109,900 $787
2013 $86,000 $24,300 $110,300 $996
2012 $85,200 $24,300 $109,500 $1,035
2011 $88,200 $24,300 $112,500 $1,060
2010 $85,400 $23,600 $109,000 $1,204
2008 $91,900 $25,400 $117,300 $1,247
2005 $88,200 $24,400 $112,600 $1,389

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,135 sqft
Lot size
9,017 sqft
ZIP code
46410
City
Merrillville
Street
54th Ave
Coordinates
41.52072, -87.34890

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$375
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1050 54th Ave last sell?
1050 54th Ave most recently sold on Jul 11, 2023 for $62,500.
What is the current tax assessment for 1050 54th Ave?
The most recent total assessment for 1050 54th Ave (year 2024) is $214,300 with $1,572 in property tax.
How does 1050 54th Ave's assessment compare to its last sale price?
The current assessment is 242.9% above the last sale price of $62,500.
When was 1050 54th Ave built?
1050 54th Ave was built in 1958.
How does 1050 54th Ave compare to others on 54th Ave?
We track 8 other properties on 54th Ave. Browse the list under "Other properties on 54th Ave" to compare beds, baths, and sale history.
What are the property facts for 1050 54th Ave?
1050 54th Ave is a 3 bed, 2 bath, 2,135 sqft, 9,017 sqft lot single_family.
Is 1050 54th Ave a flip candidate?
No — 1050 54th Ave does not appear in our flips dataset.
Is 1050 54th Ave a tax-appeal candidate?
Yes — 1050 54th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.6%
2026 Q3
$333.7K
2026 Q4
$345.1K
ZIP 46410 — Median Price History + Forecast

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