4975 E 73rd Ave Merrillville, IN 46410
Hobart AreaEstimated payment $1,923/month
Highlights
- Hot Property
- 1.52 Acre Lot
- View of Meadow
- Barn
- Deck
- No HOA
About This Home
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 48' x 32' pole barn, ideal for storage, hobbies, equipment, or a workshop. The home also benefits from several major updates, including new windows in 2021 and new roof and siding in 2023. 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,065
Year Built
- Built in 1952
Lot Details
- 1.52 Acre Lot
- Landscaped
- Back Yard
Property Views
- Meadow
- Neighborhood
Interior Spaces
- 2,018 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- Living Room
- Dining Room
- Basement
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Parking
- Detached Garage
- Additional Parking
Outdoor Features
- Deck
- Covered Patio or Porch
- Outdoor Storage
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 451318152007000046
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,259 | $203,800 | $43,200 | $160,600 |
| 2024 | $6,436 | $202,400 | $43,200 | $159,200 |
| 2023 | $1,974 | $201,500 | $42,400 | $159,100 |
| 2022 | $1,974 | $188,400 | $38,500 | $149,900 |
| 2021 | $1,666 | $160,800 | $35,400 | $125,400 |
| 2020 | $1,599 | $155,000 | $34,000 | $121,000 |
| 2019 | $1,807 | $158,700 | $34,000 | $124,700 |
| 2018 | $2,045 | $158,700 | $34,000 | $124,700 |
| 2017 | $2,065 | $157,900 | $34,000 | $123,900 |
| 2016 | $1,958 | $157,700 | $32,700 | $125,000 |
| 2014 | $1,838 | $158,400 | $33,000 | $125,400 |
| 2013 | $1,898 | $153,800 | $34,100 | $119,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2026 09/02/26 | For Sale | $310,000 | +240.7% | $154 / Sq Ft | |
| 07/31/2014 07/31/14 | Sold | $91,000 | 0.0% | $45 / Sq Ft | View Prior Sale |
| 06/25/2014 06/25/14 | Pending | -- | -- | -- | |
| 05/14/2014 05/14/14 | For Sale | $91,000 | -- | $45 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | Meridian Title Corp | |
| Special Warranty Deed | -- | Statewide Title Co Inc | |
| Sheriffs Deed | $166,404 | None Available | |
| Warranty Deed | -- | Meridian Title Corp |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $114,000 | New Conventional | |
| Previous Owner | $86,450 | New Conventional | |
| Previous Owner | $171,500 | Purchase Money Mortgage |
About the Listing Agent
With over 25 years of experience in every facet of the real estate industry, I bring expertise and insight to every transaction. My background includes running a mortgage company with 15 loan officers, giving me a deep understanding of financing options and lending strategy. As a licensed title agent, I’ve navigated countless closings, and hands-on experience flipping homes has given me a strong foundation in construction and property renovation which allows me to spot value and potential that
Jason's Other Listings
Source: Northwest Indiana Association of REALTORS®
MLS Number: 844679
APN: 45-13-18-152-007.000-046
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Ask me questions while you tour the home.