Financial
Distress signals
Property profile

135 57th Ave Merrillville, IN 46410

OFF-MARKET
Residential income homes
Property ID
US31-0418802
6,480 SF 0.49 ac lot Built 1968
Last sale May 2023 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fully brick, four-unit multifamily building located in Merrillville, Indiana, situated on a corner lot on approximately 0.485 acres. It consists of four units with an identical layout, each containing 2 bedrooms, 1 bathroom, and approximately 1,080 square feet of living space per unit. The units include private rear balconies and an attached garage space accessed through a drive-down basement. One unit has additional updates compared with the others. The building’s utility

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$410k
Assessed land$136k
Assessed improvement$275k
Effective rate1.26%

Value estimate

· Sep 2026
$420k
$378k – $462k
AI approach$400k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$20 – $82
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.8
Realty agency14.7
Dental Office13.8

Location

135 57th Ave Merrillville, IN 46410-2784
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7302 Noble, Merrillville, IN 46410-7862 $414,880 Sep 2023 4,366 SF
7420 Whitcomb, Merrillville, IN 46410-4111 $267,500 Jul 2023 5,072 SF
3615 73rd, Merrillville, IN 46410-7872 $441,000 May 2023 4,680 SF
400 70th, Merrillville, IN 46410-3466 $420,000 Mar 2023 8,108 SF
7556 Whitcomb, Merrillville, IN 46410-4496 $425,000 Feb 2023 5,072 SF
4073 73rd, Merrillville, IN 46410-4103 $400,000 Jul 2022 5,215 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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