532 E 54th Ct Merrillville, IN 46410

3 beds · 2 baths · 1,797 sq ft · Lot Size: 10,759 sq ft · Single Family Home
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532 E 54th Ct 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 1961 and is approximately 64 years old. The single family home spans 1797 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10759 sq ft lot. According to public records, it was last sold in 2010 for $106,634. Analyze and compare real estate investment strategies for properties like this home at 532 E 54th Ct Merrillville, IN 46410 with Property Intel by Whitepages.

Investment Potential for 532 E 54th Ct

The property has a current estimated value of $203,214, which is 3% above the zip median, based on public records. It last sold on September 03, 2010 for $107K. Projected long-term
is $21,000 annually ($1,750 per month) with a 92% occupancy rate.

Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 46410 zip code
 
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Owners & Occupancy for 532 E 54th Ct

This property is owned by Larry R Starks. Owner contact information includes 9 phone numbers and 1 email address.

Property Owners

Cell Phone(708) ***-****
Residence****************
Landline(740) 351-1698+ 7 more
Distance from Property**********
Email Address***********@yahoo.com

Property Ownership Information

Purchase DateSeptember 03, 2010
Property Tax Amount$1,383 in 2023
Purchase Price$106,634

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 57
Resident 2************** age 52

Property Details for 532 E 54th Ct

Property Details

Property Sq Ft

Living Area

1,797 sq ft

Compare to 46410

Lot Size

10,759 sq ft

Compare to 46410

Price Per Sq Ft

Living Area

$113 / sq ft

Compare to 46410

Lot Size Area

$19 / sq ft

Compare to 46410
Property condition, age, exterior, etc. for 532 E 54th…
Longitude: -87.329307 Latitude: 41.51974 Parcel Number (APN): 45-12-03-129-012.000-031…
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Market Benchmarks

Compare data for 532 E 54th Ct in Lake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$203,214
$209,089
-$5,875 (-3%)
$310,205
-$60,218 (-19%)
YoY Price Change
3.01%
-70%
Year Built
1961
1972
-11 years
Living Space
1,797 sq ft
1,582 sq ft
215 (14%)
$ Per Living Sq Ft
$113
$136
-$23 (-17%)
Lot Size
10,759 sq ft
12,807 sq ft
-2048 (-16%)
$ Per Lot Sq Ft
$19
$19
$0 (-2%)

Net Operating Income
$14,155
$1,168 (8%)
Annual Revenue
$21,000
$19,800
$1,200 (6%)
$5,253
$424 (8%)
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