7714 Wallace St, Merrillville, IN, 46410
About This Home
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?
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1966
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Gas Range,Refrigerator,Microwave,Gas Water Heater
- Laundry features: Laundry Room,Main Level
Basement
- Basement: Crawl Space
Bedroom2
- Area: 110
- Dimensions: 11.0 x 10.0
Bedroom3
- Area: 108
- Dimensions: 12.0 x 9.0
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s)
- Finished area above ground: 1,160
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 1,160
- Total interior livable area: 1,160 sqft
Kitchen
- Area: 160.6
- Dimensions: 14.6 x 11.0
Laundry
- Area: 50
- Dimensions: 10.0 x 5.0
Living Room
- Area: 272
- Dimensions: 17.0 x 16.0
Primary Bedroom
- Area: 139.2
- Dimensions: 12.0 x 11.6
Property
Details
- Parcel number: 451219202010000030
Features
- Levels: One
- Exterior features: Private Yard
- Fencing: Back Yard,Wood,Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 9,583 sqft
- Features: Back Yard,Cul-De-Sac,Level
- Lot size dimensions: 80 x 120
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $142 | $1,704 |
| Property Taxes | $178 | $2,136 |
| Electricity | $184 | $2,212 |
| Total | $1,641 | $19,692 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-06 | Price change | $234,000 |
| 2025-05-28 | Listed for sale | $240,000 |
| 2025-04-26 | Pending sale | $240,000 |
| 2024-10-09 | Listed for sale | $240,000 |
| 2022-11-10 | Sold | $220,000 |
| 2022-10-12 | Pending sale | $209,900 |
| 2022-09-19 | Price change | $209,900 |
| 2022-09-13 | Listed for sale | $220,000 |
| 2018-09-07 | Sold | $121,900 |
| 2018-08-03 | Pending sale | $119,900 |
| 2018-07-30 | Listed for sale | $119,900 |
| 2014-01-21 | Sold | $41,000 |
| 2013-07-22 | Listing removed | $42,900 |
| 2013-06-01 | Price change | $42,900 |
| 2013-02-05 | Listed for sale | $47,900 |
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