8510 BroadwayMerrillville, IN 46410

Property Details for 8510 Broadway

Year built

1992

Construction

WOOD

Lot size

2.00 AC

Property size (Sq ft)

24,547 SF

Zone code

R33

Property type

Healthcare properties

Property subtype

Medical offices

APN

45-12-28-227-004.000-030

APU

451228227004000030

PT Realty Valuation

• Cap approach

  6%

  $7,888,706

  6.5%

  $7,281,882

  7%

  $6,761,748

• Alternative use approach

  Residential

  $9,029,534

  Hospitality

  $8,271,005

  Educational

  $6,881,379

  Medical

  $7,118,040

  Retail

  $10,704,368

• Comp approach

  Method 1

  $3,197,247

  Method 2

  $3,197,247

Location Insight

City

Merrillville

County

Lake

State

Indiana

Latitude

41.4634

Longitude

-87.338

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $750,800
• Assessed land value
  $138,600
• Assessed value
  $889,400
• Tax year
  2022
• Tax bill
  $17,869

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