7714 Wallace Street

Merrillville, IN
$ 225,000 Beds 3 Baths 1.5 Sq 1,160
Monthly Estimate* How much can I afford?

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 living areas, adding a touch of elegance and warmth. The recently updated kitchen and bathrooms ensure you can move right in without lifting a finger. The convenience continues with a 2-car attached garage, providing ample space for parking and storage. Outside, you'll find a stunning backyard oasis. Enjoy summer evenings around the fire pit in your fenced-in yard, offering both privacy and a safe place for children or pets to play. Don't miss out on this fantastic opportunity to own a charming, updated ranch in a great location. Are you ready to make this beautiful Merrillville home yours?

Active

  • Price
  • $ 225,000
  • City
  • Merrillville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • LAKE
  • Half Bathrooms
  • 1
  • Area
  • Merrillville
  • Lot Size
  • 0.22 Acres
  • Zip
  • 46410
  • Sqr Footage
  • 1,160
  • Year Built
  • 1966
  • Taxes
  • $ 1710
  • Style
  • Single Family Residence
  • MLS#
  • 840574
Listed By: Kyle Bowen with McColly Real Estate - (219) 322-5508;
Data Source: Northwest Indiana REALTOR® Association (NIRA)

Features

General

Sewer Public Sewer
Heating Forced Air,Natural Gas
Appliances Gas Water Heater,Refrigerator,Microwave
Garage Spaces 2
Year Built 1966
View Neighborhood
Township Ross
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Lake
New Construction No
Property Type Residential
HOA No
Subdivision Name Lincoln Terrace
Garage Y/N Yes
Total Rooms 6
Full Baths 1
Status Active
Directions Rt 30 to Whitcomb,North to 77th Place,right to Bigger,left on Wallace
City Merrillville
Lot Size Square Feet 9583
Listing Terms Cash,VA Loan,FHA,Conventional
Property Attached Y/N No
Tax Annual Amount 1710
Standard Status Active
Legal Description LINCOLN TERRACE L.27

Interior Features

Interior Amenities Ceiling Fan(s)
Fireplace Y/N No
Above Grade Finished Area 1160
Half Baths 1
Laundry Features Laundry Room,Main Level
Total Bedrooms 3
Room Type Bedroom 2,Primary Bedroom,Living Room,Laundry,Kitchen,Bedroom 3
Total Baths 2

Exterior Features

Exterior Amenities Private Yard
Fencing Back Yard,Fenced
Parking Features Attached
Lot Features Back Yard,Cul-De-Sac
Water Source Public
Lot Size Acres 0.22
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Naperville, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/12/2026 Listed $225,000

Property vs Zip Code Average in 46410

Price
AVG $300K
$230K
Taxes
AVG $2,240
$1,710
Year Built
AVG 1981
1966
Visits
AVG 116
135
Data Provided by Inside Real Estate®

Areas That We Cover

7714 Wallace Street Merrillville, IN is a Single Family Home for sale at $225000 with 1160 sqft and a lot size of 0.22 Acres Acre(s). 7714 Wallace Street Merrillville has 3 bedrooms, 1 baths and was built in 1966. The property's zip code is 46410 which is in Merrillville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.