How big are the homes in Merrillville?

The average property size in Merrillville is 2020.23 sq.ft., the largest being 4230 sq.ft., and the smallest being 1026 sq.ft.

Frequently Asked Questions

Are house prices dropping in Merrillville?

The house prices in Merrillville are indeed dropping at the moment. There has been a decrease in price of $269,900.00. 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.

What is the housing market like in Merrillville at this time?

The housing market and house prices in Merrillville are going down. The average house price is $267,000.00 and the average price per square feet is $161.14 per square foot. At the moment, there are 102 homes listed - 57 active, 41 pending, and 4 sold in Merrillville.

What is the most popular place to buy a house in Merrillville?

The most popular place to buy a home in Merrillville is 4505 - Lake - Ross. 4505 - Lake - Ross has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Merrillville?

The average amount of property taxes you would have to pay for a home in Merrillville is $1,252.74. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Merrillville being sold?

Properties in Merrillville stay on the market for an average of 47 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Merrillville?

The last home listed in Merrillville was 1625 minutes ago.

Can you visit houses in Merrillville?

Currently, there are 11 open houses available for viewing in Merrillville.

What is the most expensive house in Merrillville?

The cost of the most expensive home in Merrillville is $575,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Merrillville?

The cost of the cheapest home in Merrillville is $159,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Merrillville?

The oldest home in Merrillville was built in 1937, and the newest in 2026.

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Additional Details

Property Details

Total Sq. Ft.:

1, 160

Directions:

Rt 30 To Whitcomb, North To 77th Place, Right To Bigger, Left On Wallace

Interior Features

Ceiling Fan(S)

Appliances

Gas Water Heater, Refrigerator, Microwave

Heat

Forced Air, Natural Gas

Total Rooms

6 Rooms

Tax and Financial Info

Tax Year:

2025

Quick View

Address:

7714 Wallace Street Merrillville IN 46410

Status:

Active

On Site:

20 Days On Site

Price:

$225, 000

Bedrooms:

3 Beds

Bathrooms:

1 Full Baths, 1 Half Baths

Sq. Feet:

1, 160

Year Built:

1966

Lot Size:

0.22

County:

Lake

Township:

Ross

MLS #:

840574

Property Type:

Single Family Residence

Community Information

City:

Merrillville

Subdivision:

Lincoln Terrace

Zip Code:

46410

Rooms

Type	Dimensions	Level
Living Room	-
Kitchen	-
Primary Bedroom	-
Bedroom 2	-
Bedroom 3	-
Laundry	-

Active

$225,000

3 Beds

2 Baths

1,160 Sq. Ft.

7714 Wallace Street, Merrillville, IN, 46410

Est. Payments: $0/mo

Residential

Built in 1966

20 days on Site

0.22 Lot Size

Forced Air, Natural Gas

Additional Details

Contact Agent

Jeff Safrin

F.C. Tucker Company, Inc.

(219) 309-9930

View Profile

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 livi...

Source: NIRA as distributed by MLS GRID, MLS ID: 840574

Listing provided courtesy of Kyle Bowen (219) 322-5508 with McColly Real Estate

Last Updated: 6/29/2026 | 2:48 PM

Mortgage Calculator

Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

Down Payment

Home Owner Insurance

/yr

Property taxes

/mo

HOA Fees

/mo

Loan Term (Years)

Interest Rate

Mortgage Insurance

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About the Neighborhood

Merrillville offers a peaceful environment with calm streets and access to several nearby public green spaces. The neighborhood primarily features single detached homes alongside large and small apartment buildings, providing a variety of housing size options from lofts to spacious four-bedroom layouts. Educational options include both public and private primary schools that are conveniently located for many residents. Daily needs are supported by about ten grocery stores within the community, and there are several dining establishments available. Parking and roadway access are convenient, making traveling by car simple and hassle-free throughout the area.

Learn more about

Merrillville Market Report

Avg. Days on Market

106

Avg. Price Per Sq. Ft.

159.11

Median List Price

$277,950

Homes Listed

114

Frequently Asked Questions

Merrillville Neighborhoods

Lake County Merrillville Brookstone Estates Heritage North Lincoln Gardens Lincolnway Farms Inc Green Acr Meadowdale Meadowland Estates Pleasant Dale Sunset Cove Sedona Turkey Creek

Contact Agent

Jeff Safrin

F.C. Tucker Company, Inc.

(219) 309-9930

View Profile

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