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Land with Home for Sale in Merrillville, Indiana

4975 E 73rd Ave, Merrillville, IN 46410

$310,000
1.52 acres
Active sale
ago
Est $1,756/mo

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 pole barn, ideal for storage, hobbies, equipment, or a workshop. The home's roof and siding were replaced approximately 3 years ago. 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!

2,018
Sq feet
3
Beds
2
Full baths
1952
Built

Location

Street address
4975 E 73rd Ave
Zip code
46410
School district
Merrillville
Elevation
668 feet
Coordinates
41.4865, -87.2767

Directions

Route 30 to Clay north to 73rd turn right 2nd house on the right

Property details

Acreage
1.52 acres66,211 sq ft
MLS #
GNIAR 844679
Posted

Property taxes

2025
$2,065

Parcels

  • 451318152007000046

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Realty Executives International

Lot

Features
Back Yard, Front Yard, Landscaped

Exterior

Parking
Driveway
Pool
Deck, Porch
Structures
Storage

Structure

Stories
1
Basement
Interior Entry, Storage Space, Sump Pump, Unfinished
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Natural Gas

Interior

Room Count
9
Rooms
Basement, Bathroom x 2, Bedroom x 3, Dining Room
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
Features
Ceiling Fan(s), Eat-In Kitchen, In-Law Floorplan, Pantry, Stone Counters

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Sept 2, 2026New listing$310,000GNIAR
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This 1.52-acre property is located at 4975 E 73rd Ave in Merrillville, IN 46410. The property is available for sale, priced at $310,000. It has a 2,018 square foot 3-bedroom, 2-bath house built in 1952.

Listed by Realty Executives Premier, (219) 462-2224

Checked 1 hour agoUpdated Source

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