702 72ndMerrillville, IN 46410

  • Residential income properties
  • 6,882 SF
Off market
$310,244 Estimated

Property Details for 702 72nd

Year built
1970
Construction
WOOD
Lot size
0.43 AC
Property size (Sq ft)
6,882 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
45-12-15-178-006.000-030
APU
451215178006000030

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,742,482
    6.5%
    $2,531,522
    7%
    $2,350,698
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,389,390
    Method 2
    $1,389,390
  • Alternative Use

    Use
    Valuation
    Residential
    $2,531,522
    Hospitality
    $2,318,860
    Educational
    $1,929,264
    Medical
    $1,995,615
    Retail
    $3,001,078
702 72nd, Merrillville, Indiana

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4872
Longitude
-87.3269
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $145,900
  • Assessed land value
    $110,500
  • Assessed value
    $256,400
  • Tax year
    2022
  • Tax bill
    $5,190

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