4975 E 73rd Avenue
Merrillville, IN, 46410 $ 299,000
Bedrooms3 Baths2.0 Sq 2,018 Monthly Estimate*
$ 2,065
for $299,000 with 3 bedrooms and 2 full baths. This 2,018 square foot home was built in 1952 on a lot size of 1.52.
A unique opportunity on 1.5 acres in Merrillville! This spacious property offers two separate living units plus a pole barn with electric, providing plenty of flexibility for rental income, multigenerational living, an in-law suite, or simply extra space. The main unit features 2 bedrooms and a great mid-century modern vibe, with beautifully refinished hardwood floors throughout. The fully renovated kitchen offers quartz countertops and newer stainless steel appliances, while the stylishly updated bathroom, large living and dining rooms, and bonus area perfect for an office, den, or playroom complete the space. The second unit has its own private entrance and features 1 bedroom, a nice full kitchen, full bathroom, and large living room. It's currently rented month-to-month for 1,000, offering the opportunity to live in the main unit while rental income helps offset a significant portion of the mortgage - or use the space for extended family or multigenerational living. Outside, enjoy the huge 1.5-acre lot and 48' x 32' pole barn, ideal for storage, hobbies, equipment, or a workshop. The home also benefits from several major updates, including new windows in 2021 and new roof and siding in 2023. The unfinished basement provides excellent additional storage and was professionally waterproofed by NOVA with a transferable warranty. Conveniently located near Route 30 with easy access to shopping, restaurants, and more. Lots of space, flexibility, and possibilities with this amazing property!
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Stone Counters Pantry In-Law Floorplan Eat-in Kitchen
Fireplace Y/N N
Above Grade Finished Area 2018
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Lower Level
Total Bedrooms 3
Room Type Bedroom 2 Primary Bedroom Living Room Kitchen Dining Room
Total Baths 2
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GeneralSewer Septic Tank
Heating Forced Air Natural Gas
Appliances Dryer Washer Refrigerator Microwave Gas Range Dishwasher
Patio/Porch Features Covered Front Porch Deck
Year Built 1952
View Meadow Neighborhood
Township Ross
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction N
Property Type Residential
HOA N
Subdivision Name .
Garage Y/N N
Total Rooms 9
Full Baths 2
Status Pending
Directions Route 30 to Clay north to 73rd turn right 2nd house on the right
City Merrillville
High School District Merrillville
Lot Size Square Feet 66211.2
Listing Terms Cash VA Loan FHA Conventional
Property Attached Y/N N
Tax Annual Amount 2065
Virtual Tour https://www.zillow.com/view-imx/119426be-1946-4c20-a78b-bcc645781446?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Pending
Legal Description PT. SW. NW. S.18 T.35 R.7 330X330.1 X100X330.1X360.77X95.51FT. 1.516AC. FEET.'' 1.516 AC.
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ExteriorExterior Amenities Storage
Parking Features Detached Driveway Asphalt Additional Parking
Lot Features Back Yard Landscaped Front Yard
Water Source Well
Lot Size Acres 1.52
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded FeaturesList ByRealty Executives PremierBroker
Jason@JasonLynnRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,065
- Monthly Property Taxes
- $172
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Merrillville, IN
Average List Price $287,356
Percent of Sale Price 4%
About Merrillville, IN 37,313 Population
20% Since 2002
$ 52,125 Median Income
37.92 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4001600 Elementary School
4001681 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2026 | $299,000 | -3.55% | Price Down |
| 9/2/2026 | $310,000 | | Listed Price |