NOT LISTED FOR SALE

7301 Independence St Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $303,000 - $412,000

5 Beds
3.5 Baths
3,800 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $330,000 $87 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,570/month

80 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Come nestle in and get cozy in this oversized 5 bedroom, 4 bath, renovated ranch! Completely revamped and restored with some of its original charm with a modern twist. Upstairs you will find three enormous bedrooms with large closets. Two full bathrooms, one located in the master suite, and a half bath all on the main level. Not only does this home have a huge dining room plenty big to enjoy, but the galley kitchen has more than enough space to eat in. Off the kitchen is mud room/breezeway leading into the attached two car garage with brand new doors. On the lower level is two living or recreational areas, another bathroom and two more extra large rooms both with WALK IN CLOSETS!!Brand new roof, all new plumbing, electric, HVAC, water heater and flooring!

Last Agent to Sell the Property

Jose Elizondo

Key Realty Indiana, LLC License #RB17000351 Listed on: 11/18/2022

Key Realty Indiana, LLC

Co-Listed By

Cynthia Reyes

Key Realty Indiana, LLC License #RB20002184

Last Buyer's Agent

Jessica Billups

Coldwell Banker Realty License #RB21002600

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1953

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 270x76
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 1-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Gas Range
  • Basement

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Independence Hill 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451217327001000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1939
  • Co List Office Mls Id: NRA1939
  • Subdivision Name: Independence Hill 2nd Add
  • Above Grade Finished Sq Ft: 1900
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Tile, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1900
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.471
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 270x76
  • Lot Size Sq Ft: 20517
  • Parcel #: 451217327001000030

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 28, 2023
Sold by
Bustos Jeremy R
Bought by
Franklin Krystal
Seller's Agent
Jose Elizondo
Key Realty Indiana, LLC
Buyer's Agent
Jessica Billups
Coldwell Banker Realty
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$359,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,047
Avg. Annual Appreciation
1.41%
Original Mortgage
$324,022
Outstanding Balance
$315,282
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$26,595

Purchase Details

Closed on
Sep 27, 2006
Sold by
Elizondo Jose and Elizondo Joe L
Bought by
Elizondo Joe L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Lake County Trust Co
Bought by
Elizondo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
6.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin Krystal $330,000 --
Elizondo Joe L -- Indiana Title Network Co
Elizondo Jose -- Indiana Title Network Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Krystal $324,022
Previous Owner Bustos Jeremy R $96,000
Previous Owner Elizondo Joe L $118,800
Previous Owner Elizondo Jose $29,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $330,000 0.0% $87 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $330,000 -- $87 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $7,533 $326,400 $32,800 $293,600
2023 $3,223 $321,500 $31,600 $289,900
2022 $1,681 $172,300 $26,800 $145,500
2021 $1,395 $150,800 $25,200 $125,600
2020 $1,280 $143,400 $24,000 $119,400
2019 $1,644 $140,900 $23,600 $117,300
2018 $1,721 $141,000 $23,600 $117,400
2017 $1,678 $140,300 $23,600 $116,700
2016 $1,671 $140,400 $22,700 $117,700
2014 $1,235 $139,000 $22,600 $116,400
2013 $1,336 $142,400 $24,200 $118,200
Source: Public Records

Agents Affiliated with this Home

  • Jose Elizondo

    Seller's Agent in 2023

    Jose Elizondo

    Key Realty Indiana, LLC

    (219) 616-1587

    2 in this area

    68 Total Sales

    Jose Elizondo
    Section Image
  • Cynthia Reyes

    Seller Co-Listing Agent in 2023

    Cynthia Reyes

    Key Realty Indiana, LLC

    (219) 398-8642

    2 in this area

    38 Total Sales

    Cynthia Reyes
    Section Image
  • Jessica Billups

    Buyer's Agent in 2023

    Jessica Billups

    Coldwell Banker Realty

    (773) 770-5144

    2 in this area

    35 Total Sales

    Jessica Billups
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 523026

Northwest Indiana Association of REALTORS®

APN: 45-12-17-327-001.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7301 Independence St, Merrillville, IN

This home is located at 7301 Independence St, Merrillville, IN 46410 since 18 November 2022 and is currently estimated at $359,047, approximately $94 per square foot. This property was built in 1953. 7301 Independence St is a home located in Lake County with nearby schools including Jonas E. Salk Elementary School, Merrillville Intermediate School, and Pierce Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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