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$310,000

Est. payment - /mo

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3 Beds

2 Baths

2,018 SqFt

New

4975 E 73rd AVE Merrillville, IN 46410

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Realty Executives Premier

mike@rexpremier.com +1(219) 405-3647

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,018 sqft

Price per Sqft $153

MLS Listing ID 844679

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1952

Annual Tax Amount $2,065

Tax Year 2025

Lot Size 1.520 Acres

Acres 1.52

Property Sub-Type Single Family Residence

Property Description

A unique opportunity on 1.5 acres in Merrillville! This spacious property offers two separate living units plus a pole barn with electric, providing plenty of flexibility for rental income, multigenerational living, an in-law suite, or simply extra space. The main unit features 2 bedrooms and a great mid-century modern vibe, with beautifully refinished hardwood floors throughout. The fully renovated kitchen offers quartz countertops and newer stainless steel appliances, while the stylishly updated bathroom, large living and dining rooms, and bonus area perfect for an office, den, or playroom complete the space. The second unit has its own private entrance and features 1 bedroom, a nice full kitchen, full bathroom, and large living room. It's currently rented month-to-month for 1,000, offering the opportunity to live in the main unit while rental income helps offset a significant portion of the mortgage - or use the space for extended family or multigenerational living. Outside, enjoy the huge 1.5-acre lot and pole barn, ideal for storage, hobbies, equipment, or a workshop. The home's roof and siding were replaced approximately 3 years ago. The unfinished basement provides excellent additional storage and was professionally waterproofed by NOVA with a transferable warranty. Conveniently located near Route 30 with easy access to shopping, restaurants, and more. Lots of space, flexibility, and possibilities with this amazing property!

Location

State IN

County Lake

Rooms

Basement Interior Entry, Unfinished, Storage Space, Sump Pump

Interior

Interior Features Ceiling Fan(s), Stone Counters, Pantry, In-Law Floorplan, Eat-in Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher

Exterior

Exterior Feature Storage

Parking Features Detached, Driveway, Asphalt, Additional Parking

View Y/N true

View Meadow, Neighborhood

Building

Lot Description Back Yard, Landscaped, Front Yard

Story One

Sewer Septic Tank

Water Well

Level or Stories One

Schools

School District Merrillville

Others

Tax ID 451318152007000046

SqFt Source Assessor

Acceptable Financing NRA20260902143000725638000000

Listing Terms NRA20260902143000725638000000

Virtual Tour https://www.zillow.com/view-imx/119426be-1946-4c20-a78b-bcc645781446?wl=true&setAttribution=mls&initialViewType=pano

Listed by Realty Executives Premier • Jason Lynn

Nearby Locations

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Realty Executives Premier

Broker License ID: RB14033486

+1(219) 405-3647