$679,000
UNDER CONTRACT

7438 Whitcomb St Merrillville, IN 46410

West Merrillville Neighborhood

Estimated payment $4,175/month

Total Views 2,430
10 Beds
8 Baths
5,072 Sq Ft
$134 Price per Sq Ft

About This Home

This rare 4 townhome rental property offers four residential units in a high demand rental market. With low maintenance requirements, high income, and upside for rent increases, this property is ideal for an investor seeking great cash flow.

Listing Agent

Andrew Page

Ellsbury Commercial Group LLC License #RB24000716 Listed on: 07/09/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,781

Year Built

  • Built in 1986

Interior Spaces

  • 5,072 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for common area maintenance, water, trash collection, taxes, snow removal, sewer, security, roof maintenance, repairs, pest control, insurance, HVAC maintenance, grounds care, exterior maintenance
  • Assessor Parcel Number 451218327039000030

Community Details

Overview

  • 4 Units
  • Crescent Lake 03 Subdivision

Building Details

  • Gross Income $79,800
  • Net Operating Income $60,967

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,781

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Reso Property Sub Type: Apartment
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: Crescent Lake 03
  • Above Grade Finished Sq Ft: 5072
  • Garage Yn: No
  • Unit Levels: Bi-Level
  • New Construction: No
  • NumberOfStores: 2
  • AuctionYN: No
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Flooring: Vinyl
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 10

Exterior Features

  • Exterior Features: Other
  • Acres: 0.413
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 17990
  • Parcel #: 451218327039000030

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: Electricity, Gas, See Remarks, Other
  • Owner Pays: Common Area Maintenance, Water, Trash Collection, Taxes, Snow Removal, Sewer, See Remarks, Security, Roof Maintenance, Repairs, Pest Control, Other, Insurance, HVAC Maintenance, Grounds Care, Exterior Maintenance

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5781

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 79800

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,795 $291,100 $76,800 $214,300
2023 $4,772 $290,000 $76,800 $213,200
2022 $4,772 $287,500 $76,800 $210,700
2021 $4,846 $290,200 $94,500 $195,700
2020 $4,736 $283,700 $94,500 $189,200
2019 $6,052 $297,700 $94,500 $203,200
2018 $6,259 $289,600 $94,500 $195,100
2017 $6,226 $288,800 $94,500 $194,300
2016 $6,076 $289,700 $94,500 $195,200
2014 $5,191 $281,400 $94,500 $186,900
2013 $5,398 $280,700 $94,500 $186,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $679,000 -- $134 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Residential Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 Commercial
Closed $242,100 Commercial
Source: Public Records

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    This rental property in Merrillville offers four residential units in the high demand rental market of Merrillville. This property is ideal for an investor seeking great cash flow with low maintenance needs & upside for rent increases.

    Andrew Page Ellsbury Commercial Group LLC

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 823930

Northwest Indiana Association of REALTORS®

APN: 45-12-18-327-039.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7438 Whitcomb St, Merrillville, IN

This home is located at 7438 Whitcomb St, Merrillville, IN 46410 and is currently priced at $679,000, approximately $133 per square foot. This property was built in 1986. 7438 Whitcomb St is a home located in Lake County with nearby schools including Homer Iddings Elementary School, Merrillville Intermediate School, and Pierce Middle School.

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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.

Nearby Homes
Listing Agent
Andrew Page
Section Image
Ellsbury Commercial Group LLC
(219) 732-2383