NOT LISTED FOR SALE

7611 Wallace St Merrillville, IN 46410

West Merrillville Neighborhood

Estimated Value: $233,000 - $260,000

4 Beds
2 Baths
1,680 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $160,000 $95 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,676/month

108 Days on Market

Highlights

  • Above Ground Pool
  • Recreation Room
  • Cul-De-Sac
  • Deck
  • Formal Dining Room
  • 2.5 Car Attached Garage

About This Home

As of October 2019

Charming Tri-level in Merrillville with original hardwood flooring and Crown Molding on the main level! Multiple living spaces! 4th bedroom with its own bathroom downstairs! Step out of the kitchen into the backyard and enjoy the pool and pool deck! Plenty of storage in the shed, and the privacy of a fenced in yard! FRESHLY PAINTED!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 06/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1976

Lot Details

  • 7,579 Sq Ft Lot
  • Lot Dimensions are 69x110
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Aluminum Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sump Pump
  • Laundry Room

Kitchen

  • Portable Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Above Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Southbrook 03 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451218454019000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,411

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Cul-De-Sac, Curbs, Landscaped, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Pool Equipment, Sump Pump
  • Co List Office Mls Id: GNR1136
  • Co List Office Mls Id: GNR1136
  • Subdivision Name: Southbrook 03
  • Architectural Style: Tri-Level
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Range Hood, Refrigerator
  • Interior Amenities: Finished Laundry Rm, Formal Dining
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Above Ground Pool, Deck, Fence, Storage Shed
  • Acres: 0.174

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Lot Info

  • Lot Dimensions: 69x110
  • Lot Size Sq Ft: 7579
  • ResoLotSizeUnits: Acres
  • Parcel #: 451218454019000030
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3411

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 28, 2019
Sold by
Lee Loveta and Lee Algia
Bought by
Collins Kenneth and Clemons Collins Dorthea R
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$245,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,359
Avg. Annual Appreciation
7.58%
Original Mortgage
$157,102
Interest Rate
5.62%
Mortgage Type
FHA
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
Collins Kenneth -- Greater Indiana Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Collins Kenneth $156,231
Closed Collins Kenneth $157,102
Previous Owner Lee Algia $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $160,000 0.0% $95 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $160,000 -- $95 / 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 $4,182 $180,500 $28,800 $151,700
2023 $1,388 $178,500 $28,000 $150,500
2022 $1,388 $170,100 $25,700 $144,400
2021 $1,418 $152,600 $24,200 $128,400
2020 $1,285 $143,900 $22,800 $121,100
2019 $1,787 $138,700 $21,900 $116,800
2018 $3,493 $132,400 $21,900 $110,500
2017 $3,411 $129,100 $21,900 $107,200
2016 $3,270 $131,800 $21,100 $110,700
2014 $2,820 $132,700 $21,300 $111,400
2013 $1,207 $132,700 $22,900 $109,800
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2019

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    24 in this area

    712 Total Sales

    Jeff McCormick
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR457833

Northwest Indiana Association of REALTORS®

APN: 45-12-18-454-019.000-030

Indiana Lake County Merrillville 46410 West Merrillville

7611 Wallace St, Merrillville, IN

This home is located at 7611 Wallace St, Merrillville, IN 46410 since 28 June 2019 and is currently estimated at $245,359, approximately $146 per square foot. This property was built in 1976. 7611 Wallace St is a home located in Lake County with nearby schools including Homer Iddings 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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