NOT LISTED FOR SALE

7332 Independence St Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $187,000 - $269,000

4 Beds
1 Bath
1,921 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $218,000 $113 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,650/month

62 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Detached Garage
  • Recreation Room
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of April 2023

Just wow! All this house and only $220,000? Yes that is right 4 bedrooms a large living room and even a rec room downstairs. This is close to shopping, schools, and restaurants The best part is it has easy access to US 30 for that quick commute. Wait until you see all the beautifully updated amenities. New flooring, paint, new cabinets and countertops, new deck and oohhh those beautifully refinished hardwood floors. Tons of storage in this house plus a detached garage. Buyer's didn't get their house listed and didn't turn in earnest. Inspection was not done and their loss is your win!! Schedule today

Last Agent to Sell the Property

Valarie Kubacki

Dream Team Agents, LLC License #RB14036612 Listed on: 01/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 1940

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 74x280
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,921 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Independence Hill 2Nd Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451217326032000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1924
  • Subdivision Name: Independence Hill 2nd Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 200
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Porch-Covered, Deck
  • Acres: 0.476

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 74x280
  • Lot Size Sq Ft: 20735
  • Parcel #: 451217326032000030

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2959

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 11, 2023
Sold by
Reliable Properties Llc
Bought by
Vargas Alexander J
Seller's Agent
Valarie Kubacki
Dream Team Agents, LLC
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Current Estimated Value
$224,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,783
Avg. Annual Appreciation
1.31%
Original Mortgage
$185,300
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2022
Sold by
Consolidated Real Estate Investment Llc
Bought by
Reliable Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
U S Bank Na
Bought by
Consolidated Real Estate Investment Llc
Source: Public Records

Range of Values:

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Average Value
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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
Vargas Alexander J $218,000 None Listed On Document
Reliable Properties Llc -- Kvachkoff Douglas R
Consolidated Real Estate Investment Llc -- Kings Title & Closing Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Alexander J $194,250
Closed Vargas Alexander J $185,300
Previous Owner Reliable Properties Llc $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $218,000 -0.9% $113 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $220,000 -- $115 / 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 $5,094 $221,100 $39,900 $181,200
2023 $1,995 $217,400 $38,400 $179,000
2022 $2,419 $120,900 $32,600 $88,300
2021 $2,141 $107,000 $30,700 $76,300
2020 $2,034 $101,700 $29,200 $72,500
2019 $2,349 $99,900 $28,700 $71,200
2018 $2,839 $99,900 $28,700 $71,200
2017 $2,492 $99,600 $28,700 $70,900
2016 $2,402 $99,100 $27,600 $71,500
2014 $2,151 $101,200 $27,600 $73,600
2013 $2,255 $101,800 $29,500 $72,300
Source: Public Records

Agents Affiliated with this Home

  • Valarie Kubacki

    Seller's Agent in 2023

    Valarie Kubacki

    Dream Team Agents, LLC

    (219) 405-0577

    3 in this area

    245 Total Sales

    Valarie Kubacki
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR525157

Northwest Indiana Association of REALTORS®

APN: 45-12-17-326-032.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7332 Independence St, Merrillville, IN

This home is located at 7332 Independence St, Merrillville, IN 46410 since 20 January 2023 and is currently estimated at $224,783, approximately $117 per square foot. This property was built in 1940. 7332 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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