7714 Wallace St

1,160 Sq. Ft.
$202 / Sq. Ft.
1,160
Sq. Ft.
$202
per Sq. Ft.

Description

Welcome to your dream home in the heart of Merrillville, Indiana! This beautifully updated ranch offers the perfect blend of modern amenities and classic charm. Featuring 3 spacious bedrooms and 1.5 bathrooms, this home is designed for comfortable living. Step inside to discover gleaming hardwood floors that flow throughout the main living areas, adding a touch of elegance and warmth. The recently updated kitchen and bathrooms ensure you can move right in without lifting a finger. The convenience...Welcome to your dream home in the heart of Merrillville, Indiana! This beautifully updated ranch offers the perfect blend of modern amenities and classic charm. Featuring 3 spacious bedrooms and 1.5 bathrooms, this home is designed for comfortable living. Step inside to discover gleaming hardwood floors that flow throughout the main living areas, adding a touch of elegance and warmth. The recently updated kitchen and bathrooms ensure you can move right in without lifting a finger. The convenience continues with a 2-car attached garage, providing ample space for parking and storage. Outside, you'll find a stunning backyard oasis. Enjoy summer evenings around the fire pit in your fenced-in yard, offering both privacy and a safe place for children or pets to play. Don't miss out on this fantastic opportunity to own a charming, updated ranch in a great location. Are you ready to make this beautiful Merrillville home yours?

Property Details for 7714 Wallace Street

Subdivision
Lincoln Terrace
Garage # of Cars
2
LISTING UPDATED: 09/24/2025 11:29 AM

Property Details for 7714 Wallace Street

StatusActive
MLS #805119
Days on Market565
Taxes$1,770 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1966
Lot Size0.22 AC / 9,583 SF
CountyLake County

Location

Listing Courtesy of McColly Real Estate
Add your commute

Building Information for 7714 Wallace Street

Stories-Year Built1966Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$1,288 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,140

Property Taxes

$148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7714 Wallace Street

Summary
Location and General Information
  • Directions: Rt 30 to Whitcomb, North to 77th Place, right to Bigger, left on Wallace
  • City/Town: Merrillville
  • State: IN
  • Township: Ross
  • ZIP: 46410
  • Latitude: 41.48
  • Longitude: -87.38
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $1,770.00
  • APN/Key #: 451219202010000030
  • Tax Year: 2023
  • Tax Legal Description: LINCOLN TERRACE L.27
Parking
  • Garage Description: Attached
Property
Lot Information
  • Lot Square Footage: 9,583.00
  • Lot Dimensions: 80x120
  • Square Footage: 1160.0
  • Square Footage Source: Assessor
  • Acres: .22
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1966
  • Lot Description: Back Yard, Cul-De-Sac, Level
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard
  • Construction Materials: Vinyl Siding
  • Levels: One
Interior Features
  • Appliances: Free-Standing Gas Range, Refrigerator, Microwave, Gas Water Heater
  • Basement Type: Crawl Space
  • Basement: No
  • Total Full Baths: 1
  • Total 1/2 Baths: 1
  • Total 3/4 Baths: 0
  • Total Baths: 2
  • Bedrooms: 3
  • Basement Sq Ft: 0.0
  • Cooling: Central Air
  • Flooring: Vinyl, Wood
  • Heat Type: Forced Air, Natural Gas
  • Interior Features: Ceiling Fan(s)
  • Total # of Rooms: 6
Room 1
  • Room Dimensions: 17.0 x 16.0
  • Room Type: Living Room
Room 2
  • Room Dimensions: 14.6 x 11.0
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 12.0 x 11.6
  • Room Type: Primary Bedroom
Room 4
  • Room Dimensions: 11.0 x 10.0
  • Room Type: Bedroom 2
Room 5
  • Room Dimensions: 12.0 x 9.0
  • Room Type: Bedroom 3
Room 6
  • Room Dimensions: 10.0 x 5.0
  • Room Type: Laundry

Property History for 7714 Wallace Street

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Listed (Active)

Northwest Indiana REALTORS® Association #805119

$240,000
Nov 10, 2022

Sold

Northwest Indiana REALTORS® Association #519607

$220,000
Nov 10, 2022

Sold

Northwest Indiana REALTORS® Association #519607

$220,000
Nov 7, 2022

Sold (Public Record)

Public Record #1511818550

$220,000
Nov 7, 2022

Sold (Public Record)

Public Record #1510520299

$220,000

+21.0% / yr

Oct 12, 2022

Pending

Northwest Indiana REALTORS® Association #519607

Oct 12, 2022

Pending

Northwest Indiana REALTORS® Association #519607

Oct 12, 2022

In Contract

Northwest Indiana REALTORS® Association #519607

Oct 12, 2022

In Contract

Northwest Indiana REALTORS® Association #519607

Sep 13, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #519607

$220,000
Sep 13, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #519607

$220,000
Sep 7, 2018

Sold

Northwest Indiana REALTORS® Association #439820

$121,900
Sep 7, 2018

Sold

Northwest Indiana REALTORS® Association #439820

$121,900
Aug 13, 2018

Pending

Northwest Indiana REALTORS® Association #439820

Aug 13, 2018

Pending

Northwest Indiana REALTORS® Association #439820

Aug 13, 2018

In Contract

Northwest Indiana REALTORS® Association #439820

Aug 13, 2018

In Contract

Northwest Indiana REALTORS® Association #439820

Jul 30, 2018

Listed (Active)

Northwest Indiana REALTORS® Association #439820

$119,900
Jul 30, 2018

Listed (Active)

Northwest Indiana REALTORS® Association #439820

$119,900
Jan 21, 2014

Sold

Northwest Indiana REALTORS® Association #321995

$41,000
Jan 17, 2014

Sold (Public Record)

Public Record #409549135

$41,000
Jul 21, 2013

Pending

Northwest Indiana REALTORS® Association #321995

Jul 21, 2013

In Contract

Northwest Indiana REALTORS® Association #321995

Feb 3, 2013

Listed (Active)

Northwest Indiana REALTORS® Association #321995

$47,900
Jul 11, 2003

Sold

Northwest Indiana REALTORS® Association #85488

$91,700
Jul 7, 2003

Pending

Northwest Indiana REALTORS® Association #85488

Jul 7, 2003

In Contract

Northwest Indiana REALTORS® Association #85488

May 14, 2003

Listed (Active)

Northwest Indiana REALTORS® Association #85488

$92,500
May 31, 2000

Sold

Northwest Indiana REALTORS® Association #3511

$60,000
May 3, 2000

Pending

Northwest Indiana REALTORS® Association #3511

May 3, 2000

In Contract

Northwest Indiana REALTORS® Association #3511

Mar 20, 2000

Listed (Active)

Northwest Indiana REALTORS® Association #3511

$62,500
May 29, 1996

Sold

Northwest Indiana REALTORS® Association #96002103

$82,000
May 29, 1996

Pending

Northwest Indiana REALTORS® Association #96002103

May 29, 1996

In Contract

Northwest Indiana REALTORS® Association #96002103

Feb 26, 1996

Listed (Active)

Northwest Indiana REALTORS® Association #96002103

$84,900
DateEvent & SourcePrice
06/10/2024

Listed (Active)

Northwest Indiana REALTORS® Association #805119

$240,000
11/10/2022

Sold

Northwest Indiana REALTORS® Association #519607

$220,000
11/10/2022

Sold

Northwest Indiana REALTORS® Association #519607

$220,000
11/07/2022

Sold (Public Record)

Public Record #1511818550

$220,000
11/07/2022

Sold (Public Record)

Public Record #1510520299

$220,000

+21.0% / yr

10/12/2022

Pending

Northwest Indiana REALTORS® Association #519607

10/12/2022

Pending

Northwest Indiana REALTORS® Association #519607

10/12/2022

In Contract

Northwest Indiana REALTORS® Association #519607

10/12/2022

In Contract

Northwest Indiana REALTORS® Association #519607

09/13/2022

Listed (Active)

Northwest Indiana REALTORS® Association #519607

$220,000
09/13/2022

Listed (Active)

Northwest Indiana REALTORS® Association #519607

$220,000
09/07/2018

Sold

Northwest Indiana REALTORS® Association #439820

$121,900
09/07/2018

Sold

Northwest Indiana REALTORS® Association #439820

$121,900
08/13/2018

Pending

Northwest Indiana REALTORS® Association #439820

08/13/2018

Pending

Northwest Indiana REALTORS® Association #439820

08/13/2018

In Contract

Northwest Indiana REALTORS® Association #439820

08/13/2018

In Contract

Northwest Indiana REALTORS® Association #439820

07/30/2018

Listed (Active)

Northwest Indiana REALTORS® Association #439820

$119,900
07/30/2018

Listed (Active)

Northwest Indiana REALTORS® Association #439820

$119,900
01/21/2014

Sold

Northwest Indiana REALTORS® Association #321995

$41,000
01/17/2014

Sold (Public Record)

Public Record #409549135

$41,000
07/21/2013

Pending

Northwest Indiana REALTORS® Association #321995

07/21/2013

In Contract

Northwest Indiana REALTORS® Association #321995

02/03/2013

Listed (Active)

Northwest Indiana REALTORS® Association #321995

$47,900
07/11/2003

Sold

Northwest Indiana REALTORS® Association #85488

$91,700
07/07/2003

Pending

Northwest Indiana REALTORS® Association #85488

07/07/2003

In Contract

Northwest Indiana REALTORS® Association #85488

05/14/2003

Listed (Active)

Northwest Indiana REALTORS® Association #85488

$92,500
05/31/2000

Sold

Northwest Indiana REALTORS® Association #3511

$60,000
05/03/2000

Pending

Northwest Indiana REALTORS® Association #3511

05/03/2000

In Contract

Northwest Indiana REALTORS® Association #3511

03/20/2000

Listed (Active)

Northwest Indiana REALTORS® Association #3511

$62,500
05/29/1996

Sold

Northwest Indiana REALTORS® Association #96002103

$82,000
05/29/1996

Pending

Northwest Indiana REALTORS® Association #96002103

05/29/1996

In Contract

Northwest Indiana REALTORS® Association #96002103

02/26/1996

Listed (Active)

Northwest Indiana REALTORS® Association #96002103

$84,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7714 Wallace Street

Taxable ValueLand$34,500Additions$165,000Total$199,500
Tax Record2024$2,301 ($192 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,160 SqFtAbove Grade Finished SqFt1,160 SqFtStories1Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built1966Year Renovated2008CountyLAKEAPN45-12-19-202-010.000-030

Schools near 7714 Wallace Street

This home is within Merrillville Community School.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Jonas E Salk Elementary School
PublicPK to 4

Merrillville Intermediate School
Public5 to 6

Pierce Middle School
Public7 to 8

Merrillville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

7714 Wallace Street is a single family home for sale in Merrillville, IN 46410. This property was listed for sale on June 10, 2024 by McColly Real Estate, it's currently listed at $234,000. It has been on the market for a total of 565 days and was last sold on November 10, 2022. This listing's school district is Merrillville Community School. Nearby schools include Jonas E Salk Elementary School, Merrillville Intermediate School and Pierce Middle School. 7714 Wallace Street is a 3-bed, 2-bath, 1,160 sqft single family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McColly Real Estate

Based on information submitted to the MLS GRID as of 09/24/2025 11:29 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.