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1025 61st Ave

Merrillville, IN 46410

3 bd 2,000 sqft Built 1948 Lot 11,979 sqft single_family
Most recent sale
$197,929
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 15, 2023 Relisted $244,900 NIRA
May 7, 2023 Listed $244,900 NIRA
Jul 5, 2022 Sold $197,929 Public Record
Jun 27, 2022 Sold $214,000 NIRA
May 13, 2022 Price changed $224,000 MLS #509599
Apr 21, 2022 Price changed $225,000 MLS #509599
Apr 7, 2022 Listed $228,000 MLS #509599
Feb 18, 2021 Sold $175,000 Public Record
Jun 29, 2006 Sold $88,312 Public Record
May 23, 2006 Sold $83,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $186,800 $37,200 $224,000 $2,189
2022 $94,500 $29,900 $124,400 $1,078
2021 $80,700 $27,600 $108,300 $864
2020 $77,700 $26,600 $104,300 $801
2019 $79,200 $27,100 $106,300 $1,679
2018 $80,700 $27,100 $107,800 $1,776
2017 $80,900 $26,000 $106,900 $1,657
2016 $84,500 $25,700 $110,200 $1,249
2015 $84,000 $25,700 $109,700 $915
2014 $84,000 $25,700 $109,700 $894
2013 $83,500 $27,700 $111,200 $1,086
2012 $82,600 $27,700 $110,300 $1,109
2011 $83,600 $27,700 $111,300 $1,079
2010 $83,600 $27,700 $111,300 $975
2009 $83,600 $27,700 $111,300 $892
2008 $77,300 $25,700 $103,000 $878
2005 $77,300 $25,700 $103,000 $1,180

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
3
Baths
Living area
2,000 sqft
Lot size
11,979 sqft
ZIP code
46410
City
Merrillville
Street
61st Ave
Coordinates
41.50711, -87.34902

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,188
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1025 61st Ave last sell?
1025 61st Ave most recently sold on Jul 5, 2022 for $197,929.
What is the current tax assessment for 1025 61st Ave?
The most recent total assessment for 1025 61st Ave (year 2024) is $224,000 with $2,189 in property tax.
How does 1025 61st Ave's assessment compare to its last sale price?
The current assessment is 13.2% above the last sale price of $197,929.
When was 1025 61st Ave built?
1025 61st Ave was built in 1948.
How does 1025 61st Ave compare to others on 61st Ave?
We track 8 other properties on 61st Ave. Browse the list under "Other properties on 61st Ave" to compare beds, baths, and sale history.
What are the property facts for 1025 61st Ave?
1025 61st Ave is a 3 bed, 2,000 sqft, 11,979 sqft lot single_family.
Is 1025 61st Ave a flip candidate?
Yes — 1025 61st Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1025 61st Ave a tax-appeal candidate?
No — 1025 61st Ave is not currently flagged as a tax-appeal candidate.

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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