5450 Monroe St
Merrillville, IN 46410
4 bd 3 ba 2,578 sqft Built 1960 Lot 8,625 sqft single_family
Most recent sale
$142,000
Jul 6, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2024 | Price changed | $290,000 | NIRA |
| Feb 22, 2024 | Price changed | $300,000 | NIRA |
| Feb 2, 2024 | Price changed | $318,000 | NIRA |
| Dec 22, 2023 | Listed | $320,000 | NIRA |
| Jul 6, 2023 | Sold | $142,000 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $165,200 | $33,200 | $198,400 | $1,871 |
| 2022 | $143,500 | $27,100 | $170,600 | $1,642 |
| 2021 | $116,800 | $23,900 | $140,700 | $1,307 |
| 2020 | $113,000 | $22,400 | $135,400 | $1,221 |
| 2019 | $111,700 | $22,100 | $133,800 | $1,320 |
| 2018 | $109,200 | $22,100 | $131,300 | $1,295 |
| 2017 | $108,700 | $21,200 | $129,900 | $1,295 |
| 2016 | $107,300 | $21,000 | $128,300 | $1,231 |
| 2015 | $111,600 | $22,100 | $133,700 | $1,105 |
| 2013 | $109,900 | $23,900 | $133,800 | $1,382 |
| 2012 | $109,000 | $23,900 | $132,900 | $1,439 |
| 2011 | $108,300 | $23,900 | $132,200 | $1,392 |
| 2010 | $104,800 | $23,200 | $128,000 | $1,562 |
| 2008 | $113,700 | $24,800 | $138,500 | $1,404 |
| 2005 | $109,100 | $23,900 | $133,000 | $1,494 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,578 sqft
Lot size
8,625 sqft
ZIP code
46410
City
Merrillville
Street
Monroe St
Coordinates
41.51970, -87.34296
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$852
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5450 Monroe St last sell?
5450 Monroe St most recently sold on Jul 6, 2023 for $142,000.
What is the current tax assessment for 5450 Monroe St?
The most recent total assessment for 5450 Monroe St (year 2024) is $198,400 with $1,871 in property tax.
How does 5450 Monroe St's assessment compare to its last sale price?
The current assessment is 39.7% above the last sale price of $142,000.
When was 5450 Monroe St built?
5450 Monroe St was built in 1960.
How does 5450 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 5450 Monroe St?
5450 Monroe St is a 4 bed, 3 bath, 2,578 sqft, 8,625 sqft lot single_family.
Is 5450 Monroe St a flip candidate?
No — 5450 Monroe St does not appear in our flips dataset.
Is 5450 Monroe St a tax-appeal candidate?
Yes — 5450 Monroe 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 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 Monroe St