Financial
Distress signals
Property profile

255 61st Ave Merrillville, IN 46410

OFF-MARKET
Showrooms
Property ID
US31-0675162
2,400 SF 0.42 ac lot Built 1996
Last sale Feb 2023 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$6k
Tax billed · 2022
Assessed value · 2023$295k
Assessed land$225k
Assessed improvement$71k
Effective rate2.10%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$280k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$52 – $133
Qualifying comparables11

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 Firm13.5
Electrical Service11.0
HVAC Service10.9

Location

255 61st Ave Merrillville, IN 46410-3014
County assessor Recorded deeds · 2 transfers 11 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4343 Lincoln, Merrillville, IN 46410-5816 $425,000 Aug 2023 2,560 SF
6851 Broadway, Merrillville, IN 46410-3051 $1,300,000 Jun 2023 2,784 SF
7303 Broadway, Merrillville, IN 46410-4716 $256,000 Mar 2023 2,400 SF
1491 82nd, Merrillville, IN 46410-6323 $350,000 Mar 2023 2,042 SF
65 73rd, Merrillville, IN 46410-3655 $170,000 Jan 2023 2,320 SF
5847 Broadway, Merrillville, IN 46410-2615 $750,000 May 2021 2,304 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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