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1216 62nd Pl

Merrillville, IN 46410

3 bd 1 ba 964 sqft Built 1950 Lot 16,379 sqft single_family
Most recent sale
$193,480
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $193,480 Public Record
Jul 20, 2022 Sold $195,100 NIRA
Jun 9, 2022 Price changed $199,900 MLS #513383
May 31, 2022 Listed $209,900 MLS #513383
May 26, 2016 Sold $77,847 Public Record
May 20, 2016 Sold $78,500 NIRA
Mar 10, 2016 Listed $79,900 MLS #389454

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $141,200 $30,500 $171,700 $1,539
2022 $77,300 $24,400 $101,700 $707
2021 $65,800 $22,600 $88,400 $529
2020 $63,300 $21,800 $85,100 $480
2019 $65,200 $22,200 $87,400 $763
2018 $66,500 $22,200 $88,700 $797
2017 $65,700 $22,200 $87,900 $830
2016 $66,200 $21,300 $87,500 $793
2015 $68,300 $21,100 $89,400 $624
2014 $68,300 $21,100 $89,400 $613
2013 $67,900 $22,700 $90,600 $749
2012 $67,600 $22,700 $90,300 $769
2011 $70,000 $22,700 $92,700 $777
2010 $68,800 $22,700 $91,500 $684
2009 $68,800 $22,700 $91,500 $670
2008 $67,600 $22,300 $89,900 $676
2005 $63,600 $21,000 $84,600 $924

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
964 sqft
Lot size
16,379 sqft
ZIP code
46410
City
Merrillville
Street
62nd Pl
Coordinates
41.50492, -87.35059

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,446
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 1216 62nd Pl last sell?
1216 62nd Pl most recently sold on Aug 3, 2022 for $193,480.
What is the current tax assessment for 1216 62nd Pl?
The most recent total assessment for 1216 62nd Pl (year 2024) is $171,700 with $1,539 in property tax.
How does 1216 62nd Pl's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $193,480.
When was 1216 62nd Pl built?
1216 62nd Pl was built in 1950.
How does 1216 62nd Pl compare to others on 62nd Pl?
We track 8 other properties on 62nd Pl. Browse the list under "Other properties on 62nd Pl" to compare beds, baths, and sale history.
What are the property facts for 1216 62nd Pl?
1216 62nd Pl is a 3 bed, 1 bath, 964 sqft, 16,379 sqft lot single_family.
Is 1216 62nd Pl a flip candidate?
No — 1216 62nd Pl does not appear in our flips dataset.
Is 1216 62nd Pl a tax-appeal candidate?
No — 1216 62nd Pl 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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