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Sold on 02/26/2024
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710 E 72nd Ave, Merrillville, IN 46410

$183,500

Last sold 02/26/2024

  • 6

    bed

  • 4

    bath

  • 3,107

    Sqft ($59/Sqft)

Multi-family not for sale

About 710 E 72nd Ave

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 0.28 Acre
Property description
This is a well crafted four unit apartment building, in very good condition. The current owners have installed granite countertops in the kitchens and have maintained the building very well. Current rents being collected appear to be low and an increase may well be warranted. This is a very spacious secluded lot, with the possibility of expanding these units off the rear of the building, but check with your architect and the local building commission.
Listed by
Listing Agent - Gregory Schafer
Listing Office - Schafer Realty
Source: NIRA mls logo
MLS#132513 • last updated 2 years ago
Movoto checked NIRA for data 10 minutes ago
Overview
Type Residential Income
SubType Quadruplex
SqFt 3107
Status Closed
MLS # 132513
Lot Size (Acres) 0.2755
Lot Size (SqFt) 12000
Year Built 1980
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 6
Total # of Rooms 19
Interior Features Elevator
Exterior
Parking Desc Off Street
# of Parking Spaces 10
Exterior Features Balcony
Lot Dimensions 100' X 120'
Patio/Porch Deck, Patio
Amenities / Utilities
Utilities Sewer Available
Water Source Public
Location
County Lake
Subdivision Merrillville Heights Subdivision
High School District Merrillville
Directions From U.S. 30 Turn North On Broadway (53). Travel One Mile To 73rd Avenue. Turn Right (east) 3/10 Of A Mile To Virginia St. Turn Left (north) 1/10 Mile To 72nd Avenue. Turn Right (east)to End Of Street.
APN 81500290005
Multifamily Details
Gross Scheduled Income 31700
Total Rent 30600
Net Operating Income 22855
Gross Income 1100
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 36937
  • Feb 26, 2024 Sold
    $183,500 (-19.5%)
  • May 9, 2001 Listed
    $195,000
  • Feb 2024
    mls logo MLS # 132513
  • Feb 26, 2024 Sold
    $228,000 (-36.6%)
  • Jun 1, 2005 Listed
    $235,000 (+20.5%)
  • Mar 2021
    mls logo MLS # 487940
  • Mar 29, 2021 Active Undr Contract
    —
  • Mar 6, 2021 Price Change
    $359,900 (-5.3%)
  • Feb 1, 2021 Listed
    $379,900 (+61.7%)
  • Year Property taxes Tax assessment
  • 2024
    $5,695 -3.6%
    $249,600 -0.95%
  • 2023
    $5,905 +17.4%
    $252,000
  • 2022
    $5,030 -16.3%
    $252,000 +0.2%
  • 2021
    $6,008 +1.2%
    $251,500 +3.67%
  • 2020
    $5,939 +6.1%
    $242,600 +1.46%
  • 2019
    $5,597
    $239,100
  • 710 E 72nd Ave
    $183K
  • Merrillville Heights Subdivision
    —
  • 46410
    $281K -5% y/y
  • Merrillville
    $282K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Henry P Fieler Elementary School
public Grades PK, K-4
Merrillville Community School
7/10
Merrillville Intermediate School
public Grades 5-6
Merrillville Community School
4/10
Pierce Middle School
public Grades 7-8
Merrillville Community School
3/10
Merrillville High School
public Grades 9-12
Merrillville Community School
Source: GreatSchools.org © 2026. All rights reserved.

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