Land for Sale - 4975 E 73rd Avenue, Merrillville, IN 46410 - 1.52 acres

1.52 acres in Lake County, IN

4975 E 73rd Avenue, Merrillville, IN | Lat/Lng:  41.4870, -87.2768

$310,000
1.52 ac.
09/03/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

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!

Details

CountyLake
Zipcode46410
Property Type OneResidential Property
BrokerageRealty Executives Premier
Brokerage Linkhttps://land.com
Apn451318152007000046
Land Listing Agent Photo
Jason Lynn
Realty Executives Premier
(219) 312-5486
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