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8589 85th Ave

Schererville, IN 46375

5 bd 4 ba 5,542 sqft Built 1990 Lot 217,800 sqft single_family
Most recent sale
$715,000
Feb 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2023 Sold $715,000 NIRA
Aug 31, 2018 Sold $540,000 NIRA
Jun 28, 2018 Listed $549,900 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $603,600 $142,000 $745,600 $6,400
2022 $498,200 $142,000 $640,200 $6,210
2021 $445,000 $142,000 $587,000 $5,522
2020 $509,200 $81,200 $590,400 $5,525
2019 $538,100 $76,300 $614,400 $6,309
2018 $516,900 $76,300 $593,200 $6,080
2017 $488,400 $76,300 $564,700 $5,889
2016 $508,400 $76,300 $584,700 $5,316
2015 $513,400 $76,300 $589,700 $5,267
2013 $493,600 $76,300 $569,900 $5,917
2012 $482,400 $76,300 $558,700 $5,668
2011 $547,800 $76,300 $624,100 $5,268
2010 $559,100 $76,300 $635,400 $4,751
2008 $531,600 $76,300 $607,900 $5,875
2005 $525,300 $74,800 $600,100 $4,608

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
5,542 sqft
Lot size
217,800 sqft
ZIP code
46375
City
Schererville
Street
85th Ave
Coordinates
41.46237, -87.43870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,313
Gross rental yield
13.95%
Implied cap rate
9.07%
Trend-extrapolated value

Frequently asked questions

When did 8589 85th Ave last sell?
8589 85th Ave most recently sold on Feb 28, 2023 for $715,000.
What is the current tax assessment for 8589 85th Ave?
The most recent total assessment for 8589 85th Ave (year 2024) is $745,600 with $6,400 in property tax.
How does 8589 85th Ave's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $715,000.
When was 8589 85th Ave built?
8589 85th Ave was built in 1990.
How does 8589 85th Ave compare to others on 85th Ave?
We track 8 other properties on 85th Ave. Browse the list under "Other properties on 85th Ave" to compare beds, baths, and sale history.
What are the property facts for 8589 85th Ave?
8589 85th Ave is a 5 bed, 4 bath, 5,542 sqft, 217,800 sqft lot single_family.
Is 8589 85th Ave a flip candidate?
No — 8589 85th Ave does not appear in our flips dataset.
Is 8589 85th Ave a tax-appeal candidate?
No — 8589 85th 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
+1.2%
Implied 1-yr
+4.6%
2026 Q3
$393.7K
2026 Q4
$397.9K
ZIP 46375 — Median Price History + Forecast

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