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221 Scherland Dr

Schererville, IN 46375

3 bd 2 ba 1,904 sqft Built 1999 Lot 18,557 sqft single_family
Most recent sale
$276,250
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2026 Listed $325,000 NIRA
Sep 30, 2022 Sold $276,250 Public Record
Sep 29, 2022 Sold $260,000 NIRA
Jul 1, 2022 Listed $260,000 MLS #515404
Feb 20, 2022 Listed $255,000 MLS #507786
Nov 26, 2021 Listed $255,000 MLS #504662
Oct 28, 2021 Listed $260,000 MLS #503252
Jan 16, 2020 Sold $242,500 Public Record
Jan 15, 2020 Sold $200,000 NIRA
Nov 22, 2019 Listed $200,000 MLS #466562
Aug 3, 2006 Sold $186,998 Public Record
Jun 29, 2005 Sold $173,565 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $219,000 $36,500 $255,500 $2,180
2022 $176,300 $36,500 $212,800 $1,981
2021 $167,600 $36,500 $204,100 $1,906
2020 $156,900 $36,500 $193,400 $1,801
2019 $150,500 $28,200 $178,700 $1,800
2018 $147,200 $28,200 $175,400 $1,779
2017 $145,800 $28,200 $174,000 $1,666
2016 $133,100 $28,200 $161,300 $1,507
2015 $134,100 $28,200 $162,300 $1,428
2014 $133,600 $28,200 $161,800 $1,424
2013 $131,500 $28,200 $159,700 $1,639
2012 $131,200 $28,200 $159,400 $1,587
2011 $146,200 $28,200 $174,400 $1,482
2010 $150,700 $28,200 $178,900 $1,464
2009 $155,300 $28,200 $183,500 $1,419
2008 $150,700 $28,200 $178,900 $1,524
2005 $139,300 $26,100 $165,400 $2,822

Property facts

Year built
1999
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,904 sqft
Lot size
18,557 sqft
ZIP code
46375
City
Schererville
Street
Scherland Dr
Coordinates
41.51291, -87.45771

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,856
Gross rental yield
12.41%
Implied cap rate
8.06%
Trend-extrapolated value

Frequently asked questions

When did 221 Scherland Dr last sell?
221 Scherland Dr most recently sold on Sep 30, 2022 for $276,250.
What is the current tax assessment for 221 Scherland Dr?
The most recent total assessment for 221 Scherland Dr (year 2024) is $255,500 with $2,180 in property tax.
How does 221 Scherland Dr's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $276,250.
When was 221 Scherland Dr built?
221 Scherland Dr was built in 1999.
How does 221 Scherland Dr compare to others on Scherland Dr?
We track 2 other properties on Scherland Dr. Browse the list under "Other properties on Scherland Dr" to compare beds, baths, and sale history.
What are the property facts for 221 Scherland Dr?
221 Scherland Dr is a 3 bed, 2 bath, 1,904 sqft, 18,557 sqft lot single_family.
Is 221 Scherland Dr a flip candidate?
Yes — 221 Scherland Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 221 Scherland Dr a tax-appeal candidate?
No — 221 Scherland Dr 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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