1861 87th Ave
Merrillville, IN 46410
4 bd 2 ba 2,268 sqft Built 2003 Lot 7,623 sqft single_family
Most recent sale
$303,060
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $303,060 | Public Record |
| Jun 28, 2022 | Sold | $319,900 | NIRA |
| Apr 18, 2022 | Price changed | $319,900 | MLS #510187 |
| Apr 9, 2022 | Listed | $309,900 | MLS #510187 |
| Feb 24, 2022 | Sold | $249,378 | Public Record |
| Feb 22, 2022 | Sold | $200,000 | NIRA |
| Dec 28, 2021 | Relisted | $225,000 | MLS #503396 |
| Oct 29, 2021 | Listed | $233,000 | MLS #503396 |
| Oct 22, 2003 | Sold | $142,200 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $243,600 | $49,100 | $292,700 | $2,927 |
| 2022 | $178,400 | $40,100 | $218,500 | $2,185 |
| 2021 | $154,400 | $37,400 | $191,800 | $1,918 |
| 2020 | $149,900 | $35,600 | $185,500 | $1,836 |
| 2019 | $143,200 | $33,000 | $176,200 | $3,426 |
| 2018 | $133,400 | $33,000 | $166,400 | $3,225 |
| 2017 | $138,000 | $31,800 | $169,800 | $1,679 |
| 2016 | $136,800 | $31,400 | $168,200 | $1,616 |
| 2015 | $138,600 | $31,400 | $170,000 | $1,668 |
| 2014 | $138,600 | $31,400 | $170,000 | $1,665 |
| 2013 | $139,400 | $33,800 | $173,200 | $2,032 |
| 2012 | $138,600 | $33,800 | $172,400 | $2,091 |
| 2011 | $140,000 | $33,800 | $173,800 | $2,034 |
| 2010 | $142,900 | $34,800 | $177,700 | $1,884 |
| 2009 | $142,900 | $34,800 | $177,700 | $1,859 |
| 2008 | $131,600 | $32,600 | $164,200 | $1,855 |
| 2005 | $125,900 | $31,000 | $156,900 | $2,522 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,268 sqft
Lot size
7,623 sqft
ZIP code
46410
City
Merrillville
Street
87th Ave
Coordinates
41.46035, -87.31329
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,402
Gross rental yield
13.47%
Implied cap rate
8.76%
Trend-extrapolated value
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Frequently asked questions
When did 1861 87th Ave last sell?
1861 87th Ave most recently sold on Jun 29, 2022 for $303,060.
What is the current tax assessment for 1861 87th Ave?
The most recent total assessment for 1861 87th Ave (year 2024) is $292,700 with $2,927 in property tax.
How does 1861 87th Ave's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $303,060.
When was 1861 87th Ave built?
1861 87th Ave was built in 2003.
How does 1861 87th Ave compare to others on 87th Ave?
We track 8 other properties on 87th Ave. Browse the list under "Other properties on 87th Ave" to compare beds, baths, and sale history.
What are the property facts for 1861 87th Ave?
1861 87th Ave is a 4 bed, 2 bath, 2,268 sqft, 7,623 sqft lot single_family.
Is 1861 87th Ave a flip candidate?
Yes — 1861 87th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1861 87th Ave a tax-appeal candidate?
No — 1861 87th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.6%
2026 Q3
$333.7K
2026 Q4
$345.1K
ZIP 46410 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 87th Ave