1400 Meadow Dr Merrillville, IN 46410

3 beds · 1 bath · 1,458 sq ft · Lot Size: 9,583 sq ft · Single Family Home
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1400 Meadow Dr is in the 46410 neighborhood of Merrillville, IN. It is located in Lake County and ZIP code 46410. This Single Family Home was built in 1968 and is approximately 57 years old. The single family home spans 1458 sq ft with 3 bedrooms and 1 bathroom and sits on a 9583 sq ft lot. According to public records, it was last sold in 1998. Analyze and compare real estate investment strategies for properties like this home at 1400 Meadow Dr Merrillville, IN 46410 with Property Intel by Whitepages.

Investment Potential for 1400 Meadow Dr

The property has a current estimated value of $235,363, which is 19% above the zip median, based on public records. It last sold on June 17, 1998. Projected long-term
is $18,600 annually ($1,550 per month) with a 92% occupancy rate.

Long-Term

Gross Rental
$18,600 per year($1,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 46410 zip code
 
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Owners & Occupancy for 1400 Meadow Dr

This property is owned by Flora M McClatchey. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence****************
Landline(219) 887-6904
Distance from Property**********
Email Address*********@yahoo.com
Cell Phone(219) ***-****
Residence****************
Landline(219) 887-6904
Distance from Property**********
Email Address***********@hotmail.com

Property Ownership Information

Purchase DateJune 17, 1998
Property Tax Amount$1,412 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 72
Resident 2***************** age 76

Property Details for 1400 Meadow Dr

Property Details

Property Sq Ft

Living Area

1,458 sq ft

Compare to 46410

Lot Size

9,583 sq ft

Compare to 46410

Price Per Sq Ft

Living Area

$161 / sq ft

Compare to 46410

Lot Size Area

$25 / sq ft

Compare to 46410
Property condition, age, exterior, etc. for 1400 Meado…
Longitude: -87.351776 Latitude: 41.517297 Parcel Number (APN): 45-12-04-154-032.000-031…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 1400 Meadow Dr in Lake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$235,363
$209,089
$26,274 (13%)
$310,205
-$20,669 (-7%)
YoY Price Change
3.01%
335%
Year Built
1968
1972
-4 years
Living Space
1,458 sq ft
1,582 sq ft
-124 (-8%)
$ Per Living Sq Ft
$161
$136
$25 (18%)
Lot Size
9,583 sq ft
12,807 sq ft
-3224 (-25%)
$ Per Lot Sq Ft
$25
$19
$5 (28%)

Net Operating Income
$14,155
-$1,168 (-8%)
Annual Revenue
$18,600
$19,800
-$1,200 (-6%)
$5,253
$360 (7%)
Net Operating Income
$14,155
-$1,168 (-8%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians