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5425 Georgia St

Merrillville, IN 46410

3 bd 1 ba 1,150 sqft Built 1950 Lot 14,505 sqft single_family
Most recent sale
$68,500
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 18, 2022 Sold $68,500 NIRA
Feb 23, 2014 Listing removed $995 NIRA
Nov 27, 2013 Listed for rent $995 NIRA
Mar 20, 2013 Sold $27,000 NIRA
Jan 4, 2013 Listed $37,900 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,300 $36,400 $85,700 $220
2022 $55,400 $27,900 $83,300 $272
2021 $48,100 $26,500 $74,600 $1,493
2020 $46,100 $25,500 $71,600 $1,433
2019 $44,500 $24,800 $69,300 $1,629
2018 $42,500 $24,800 $67,300 $1,675
2017 $42,300 $23,800 $66,100 $1,714
2016 $44,500 $23,800 $68,300 $1,618
2015 $46,100 $25,000 $71,100 $1,476
2013 $45,500 $27,000 $72,500 $1,831
2012 $45,100 $27,000 $72,100 $1,884
2011 $45,000 $27,000 $72,000 $481
2010 $45,400 $27,200 $72,600 $439
2008 $42,700 $25,700 $68,400 $559
2005 $42,200 $25,500 $67,700 $789

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,150 sqft
Lot size
14,505 sqft
ZIP code
46410
City
Merrillville
Street
Georgia St
Coordinates
41.51965, -87.32596

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$411
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5425 Georgia St last sell?
5425 Georgia St most recently sold on Nov 18, 2022 for $68,500.
What is the current tax assessment for 5425 Georgia St?
The most recent total assessment for 5425 Georgia St (year 2024) is $85,700 with $220 in property tax.
How does 5425 Georgia St's assessment compare to its last sale price?
The current assessment is 25.1% above the last sale price of $68,500.
When was 5425 Georgia St built?
5425 Georgia St was built in 1950.
How does 5425 Georgia St compare to others on Georgia St?
We track 8 other properties on Georgia St. Browse the list under "Other properties on Georgia St" to compare beds, baths, and sale history.
What are the property facts for 5425 Georgia St?
5425 Georgia St is a 3 bed, 1 bath, 1,150 sqft, 14,505 sqft lot single_family.
Is 5425 Georgia St a flip candidate?
No — 5425 Georgia St does not appear in our flips dataset.
Is 5425 Georgia St a tax-appeal candidate?
Yes — 5425 Georgia St 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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