Investor's dream come true! This property, priced at $115,000, boasts 4 bedrooms, 1 bath, and sits on a spacious .46-acre lot in a quiet neighborhood, Conveniently close to shopping amenities. While it needs a little TLC, its original hardwood floors present an excellent opportunity for restoration. Ideal for a handy individual looking to add their personal touch. Don't miss out on this promising investment opportunity!
Closed
$98,000
7315 Independence St, Merrillville, IN 46410
4beds
1,615sqft
Single Family Residence
Built in 1941
0.46 Acres Lot
$201,500 Zestimate®
$61/sqft
$1,841 Estimated rent
Home value
$201,500
$167,000 - $232,000
$1,841/mo
Zestimate® history
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$494/mo
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$494/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tonia Dragon,
Better Homes and Gardens Real 219-999-8990
Bought with:
Michelle Cowling, RB14039517
@properties/Christie's Intl RE
Source: NIRA as distributed by MLS GRID,MLS#: 803256
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 132.68
- Dimensions: 12.4 x 10.7
Bedroom 2
- Area: 100.58
- Dimensions: 10.7 x 9.4
Bedroom 3
- Area: 145.08
- Dimensions: 12.4 x 11.7
Bedroom 4
- Area: 190.4
- Dimensions: 13.6 x 14.0
Dining room
- Area: 96.8
- Dimensions: 12.1 x 8.0
Kitchen
- Area: 80
- Dimensions: 10.0 x 8.0
Living room
- Area: 197.12
- Dimensions: 17.6 x 11.2
Heating
- Natural Gas
Appliances
- Included: Free-Standing Gas Oven, Free-Standing Refrigerator
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Basement: Block,Sump Pump,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,615
- Total interior livable area: 1,615 sqft
- Finished area above ground: 1,615
Property
Parking
- Parking features: Driveway, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Exterior features: Awning(s), Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Neighborhood
- Frontage length: 66
Lot
- Size: 0.46 Acres
- Dimensions: 66 x 304
- Features: Back Yard
Details
- Parcel number: 451217327011.000030
- Zoning description: Residential
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Merrillville
- Subdivision: Independence Hill 2nd Add
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $98,000-10.1%$61/sqft |
Source:  NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 6/20/2024 | Contingent | $109,000$67/sqft |
Source: NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 6/12/2024 | Price change | $109,000-5.2%$67/sqft |
Source: NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 5/24/2024 | Listed for sale | $115,000-9.4%$71/sqft |
Source: NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 5/16/2024 | Contingent | $127,000$79/sqft |
Source: NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 5/7/2024 | Listed for sale | $127,000-3.2%$79/sqft |
Source: NIRA as distributed by MLS GRID #803256 Report a problem | ||
| 9/21/2006 | Sold | $131,160$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,532 +177.9% | $127,900 +0.6% |
| 2024 | $911 +11.8% | $127,200 +1.9% |
| 2023 | $815 +24.5% | $124,800 +14.6% |
| 2022 | $655 +12.1% | $108,900 +12.5% |
| 2021 | $584 +7% | $96,800 +5.1% |
| 2020 | $546 -39.3% | $92,100 +1.9% |
| 2019 | $900 +3.4% | $90,400 +0.8% |
| 2018 | $871 +46% | $89,700 +0.3% |
| 2017 | $596 | $89,400 +0.6% |
| 2016 | $596 +1.5% | $88,900 -2.7% |
| 2014 | $588 -5.2% | $91,400 -0.5% |
| 2013 | $620 -13.4% | $91,900 +1% |
| 2012 | $716 +2.1% | $91,000 -1% |
| 2011 | $701 -2.5% | $91,900 -1.6% |
| 2010 | $718 | $93,400 -3.9% |
| 2009 | -- | $97,200 +9.7% |
| 2007 | -- | $88,600 +29.5% |
| 2006 | -- | $68,400 |
| 2005 | -- | $68,400 |
| 2004 | -- | $68,400 +240.3% |
| 2003 | -- | $20,100 |
| 2002 | -- | $20,100 +200% |
| 2001 | -- | $6,700 |
Find assessor info on the county website
Neighborhood: 46410
Nearby schools
GreatSchools rating
- 5/10Jonas E Salk Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 5/10Pierce Middle SchoolGrades: 7-8Distance: 2 mi
- 3/10Merrillville High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Merrillville High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$201,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$201,500
- Indiana
- Lake County
- Merrillville
- 46410
- 7315 Independence St
Nearby cities
Nearby zip codes
Other Merrillville Topics
