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$265,000

7907 Colorado Street Merrillville, IN  46410

  • 3 Beds
  • 2 Baths
  • 1,891 sq. Ft

Property Description for 7907 Colorado Street Merrillville, IN 46410

Investment Opportunity. This 4.44 acre property has great visibility and 200 ft. of frontage on Colorado Street. Located just across the street from the Sam's Club, there are SO many possibilities with this location including renovating the existing home, demolishing the structure and starting from scratch with a large lot, or buying and holding the property for a future commercial development use. The current home on the property has 3 bedrooms & 1-1/2 Baths. Sale includes 2 parcels total. DON'T LET YOUR INVESTORS MISS OUT!!

Address:7907 Colorado Street Merrillville IN 46410
Status:Active Undr Contract
on site: 546 days
Price:$265,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,891
Year Built:1939
Lot Size:4.44
County: Lake
MLS #:511161
Property Type:Single Family Detach

Lot Dimensions:196 x 635
Lot Features:Acreage, Paved Street Access
Utility Options:Off
Water Source:Public
Directions:Rt. 30 to Colorado; North on Colorado; Property is on the East side of the street.
Total Sq. Ft. :1,891
Basement:Yes

Loan Price
$1,896
Price And Interest $1,382/month
Property Tax $404/month
MTG INS $0/month
HOME INS $110/month
Price
$265,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$404/month
Home Owner Insurance
$1,320 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Additional Room Foyer Info Not Available
Additional Room 2 Sun Info Not Available
Main Bedroom 11x11 Main
Bedroom 2 13x13 Upper
Bedroom 3 13x11 Upper
Dining Room 11x10 Main
Kitchen 13x8 Main
Living Room 18x11 Main

Semi-Annual Property Tax:$2,424
Tax Year:2020
Mandatory HOA Fee:$
HOA Fee Includes:None

Subdivision: Lincolnway Farms Inc Green Acr
Zip Code:46410

Total Sq. Ft.:1,891
Interior Features:Formal Dining, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Sun Room
Interior Area(s):Formal Dining Room, FP Living/Great Room, Main Floor Bathroom, Main Floor Bedroom, Sun Room
Appliances:Dryer, Portable Electric Range, Refrigerator, Washer
Equipment:Cable TV Hookup
Exterior Features:None
Exterior Type:None
Cool:Central Air
Heat:Natural Gas
Total Rooms:8
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 7907 Colorado Street Merrillville, IN  46410


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Listing provided courtesy of Joseph Burdick with Weichert, Realtors Illiana from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/21/2022 12:00 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.



7907 Colorado Street Merrillville, IN  46410 Market Report

139
Avg. DOM
$155.4
Avg. $ / Sq.Ft.
$ 274,950
Med. List Price

The house prices in 7907 Colorado Street Merrillville IN 46410 are indeed dropping at the moment. There has been a decrease in price of $36,033.13. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in 7907 Colorado Street Merrillville IN 46410 are going Down. The average house price is $284,900.00 and the average price per square feet is $156.35 per square feet. At the moment, the amount of homes listed is exactly 3484 houses, with 67 with active status, 1 with pending status and 3416 sold in 7907 Colorado Street Merrillville IN 46410 .

The most popular place to buy a home in 7907 Colorado Street Merrillville IN 46410 is null. null is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in 7907 Colorado Street Merrillville IN 46410 .

The average amount of property taxes you would have to pay for a home in 7907 Colorado Street Merrillville IN 46410 is $221.67. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in 7907 Colorado Street Merrillville IN 46410 are staying listed for an average of 45 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in 7907 Colorado Street Merrillville IN 46410 was 421 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in 7907 Colorado Street Merrillville IN 46410 is $464,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in 7907 Colorado Street Merrillville IN 46410 is $119,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in 7907 Colorado Street Merrillville IN 46410 in year 1869 and the newest built house is in year 2024.

The average size of properties in 7907 Colorado Street Merrillville IN 46410 is 2034.64 sq.ft. , the biggest one being 3824 sq.ft. and the smaller being 925 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.