7315 Independence Street

Merrillville, IN 46410

$127,000
Price
4
Beds
1
Bath
1,615 Sq. Ft.
$79 / Sq. Ft.
1,615
Sq. Ft.
$79
per Sq. Ft.

Description

Investor's dream come true! This property, priced at $127,000, boasts 4 bedrooms, 1 bath, and sits on a spacious .46-acre lot in a quiet neighborhood, Conveniently close to shopping amenities. While it needs a little TLC, its original hardwood floors present an excellent opportunity for restoration. Ideal for a handy individual looking to add their personal touch. Don't miss out on this promising investment opportunity!Investor's dream come true! This property, priced at $127,000, boasts 4 bedrooms, 1 bath, and sits on a spacious .46-acre lot in a quiet neighborhood, Conveniently close to shopping amenities. While it needs a little TLC, its original hardwood floors present an excellent opportunity for restoration. Ideal for a handy individual looking to add their personal touch. Don't miss out on this promising investment opportunity!

Property Details for 7315 Independence Street

Zoning
Residential
Subdivision
Independence Hill 2nd Add

Location

Listing Courtesy of Better Homes and Gardens Real
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LISTING UPDATED: 05/16/2024 11:54 AM

Property Details for 7315 Independence Street

StatusActive Under Contract
MLS #803256
Days on Market10
Taxes$1,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1941
Lot Size0.46 AC / 20,081 SF
CountyLake County

Location

Listing Courtesy of Better Homes and Gardens Real
Add your commute

Building Information for 7315 Independence Street

Stories-Year Built1941Building Size-Lot Size0.46 AC / 20,081 SF

Payment Calculator

$801 per month

30 year fixed, 7.25% Interest

Principal and Interest

$693

Property Taxes

$108

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7315 Independence Street

Summary
Location and General Information
  • Directions: Rt. 30 West to Taft St. Turn North on Taft St.to 73rd. Ave. West on 73rd Ave. to Independence St. South on Independence St. and home is on the left.
  • City/Town: Merrillville
  • State: IN
  • Township: Ross
  • ZIP: 46410
  • Latitude: 41.48
  • Longitude: -87.37
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $1,296.81
  • APN/Key #: 45-12-17-327-011.000-030
  • Tax Year: 2023
  • Tax Legal Description: INDEPENDENCE HILL 2ND ADD. LOT 27 BL. 4
School Information
  • High School: Merrillville High School
Parking
  • Garage Description: Driveway, Gravel
Property
Lot Information
  • Lot Square Footage: 20,081.16
  • Lot Dimensions: 66x304
  • Square Footage: 1615.0
  • Acres: .46
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1941
  • Lot Description: Back Yard
  • Road Access: City Street
Interior and Exterior Features
Exterior Features
  • Exterior Features: Awning(s), Rain Gutters
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Levels: Two
Interior Features
  • Appliances: Free-Standing Gas Oven, Free-Standing Refrigerator
  • Basement Type: Block, Sump Pump, Concrete
  • Basement: Yes
  • Total Full Baths: 1
  • Total 1/2 Baths: 0
  • Total 3/4 Baths: 0
  • Total Baths: 1
  • Bedrooms: 4
  • Basement Sq Ft: 0.0
  • Cooling: Ceiling Fan(s)
  • Flooring: Hardwood, Linoleum
  • Heat Type: Natural Gas
  • Interior Features: Ceiling Fan(s)
  • Roof: Asphalt, Shingle
  • Total # of Rooms: 7
Room 1
  • Room Dimensions: 17.6 x 11.2
  • Room Type: Living Room
Room 2
  • Room Dimensions: 12.1 x 8.0
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 10.0 x 8.0
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 12.4 x 10.7
  • Room Type: Primary Bedroom
Room 5
  • Room Dimensions: 10.7 x 9.4
  • Room Type: Bedroom 2
Room 6
  • Room Dimensions: 12.4 x 11.7
  • Room Type: Bedroom 3
Room 7
  • Room Dimensions: 13.6 x 14.0
  • Room Type: Bedroom 4

Property History for 7315 Independence Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7315 Independence Street

Taxable ValueLand$34,500Additions$90,300Total$124,800
Tax Record2022$815 ($68 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,615 SqFtAbove Grade Finished SqFt1,615 SqFtStories2Lot Size20,081 SqFtStyleSingle Family ResidenceYear Built1941CountyLAKEAPN45-12-17-327-011.000-030

Schools near 7315 Independence Street

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

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes and Gardens Real

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.