Newly Constructed Townhome with
3021 W 82nd Place Merrillville, IN 46410
3021 W 82nd Place, Merrillville, IN, 46410
$369,900
For Sale
$369,900
SINGLE_FAMILY - Merrillville, IN
Property Size2,600 SF
Lot Size0.20 Acres
Price / SF$142.27
Days on Market103
Property Features for 3021 W 82nd Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 4, Bedroom 5, Dining Room, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- Driveway
- Patio and Porch features
- Deck
- Interior features
- Cathedral Ceiling(s), Walk-In Closet(s), Vaulted Ceiling(s), Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Crown Molding, Ceiling Fan(s)
- Exterior features
- Balcony
- Appliances
- Dishwasher, Microwave
- Standard status
- Active
- APN
- 451219479019000030
- Size
- 2,600 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LIBERTY ESTATES PHASE 1,2&3 PHASE 2 PT OF LOT 62 (3021 82ND PL)
- Tax Annual Amount
- 20
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
- Water front features
- Pond
- Water front
- 1
Building Details
- Year built
- 2026
- Floors in Building
- 2
Listing Agency
McColly Real Estate
(219) 322-5508
850 Deer Creek Dr, Schererville, IN
Listed by
Jennifer Anderson · License #475202167
(219) 689-4420
Added: Apr 7 Checked: Jul 18 at 5:06 am
MLS# 836664
Listing URL
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Newly constructed townhome is almost complete and offers two-level living with abundant social space. The layout includes 5 bedrooms and 2 bathrooms, along with a 2-car garage. Interior highlights include natural light supported by skylights and cathedral ceilings, granite kitchen countertops, upgraded cabinetry with crown molding, upgraded flooring and lighting, and oak railings with spindles. Window treatments, energy-efficient features, and sound-resistant common walls are also included. A large private deck provides outdoor living, with concrete driveways and professional landscaping as additional improvements.
Located in Merrillville, Indiana (Lake County), the community is described as offering multiple amenities, including two large parks overlooking a pond with a fountain and a nature preserve area, plus a butterfly park area and bird sanctuary. Additional amenities noted include multiple dog parks, school bus pickup, and walking access to an adjacent 20-acre sport park (2027) and the regional bike path. Residential storage is also noted for 2027.
With its modern construction elements and updated finishes, this townhome presents a complete package for everyday living and entertaining within an amenity-rich community.
Located in Merrillville, Indiana (Lake County), the community is described as offering multiple amenities, including two large parks overlooking a pond with a fountain and a nature preserve area, plus a butterfly park area and bird sanctuary. Additional amenities noted include multiple dog parks, school bus pickup, and walking access to an adjacent 20-acre sport park (2027) and the regional bike path. Residential storage is also noted for 2027.
With its modern construction elements and updated finishes, this townhome presents a complete package for everyday living and entertaining within an amenity-rich community.
Key Highlights
- Under construction townhome (Year built 2026) with 5 bedrooms, 2 bathrooms, and a 2‑car garage
- Open floorplan with cathedral and vaulted ceilings, skylights, and high ceilings
- Granite kitchen countertops, kitchen island, and upgraded cabinetry with crown molding
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $15.00 |
| − Vacancy | −$2.1k | −$0.80 |
| EGI | $36.9k | $14.20 |
| − OpEx | −$11.1k | −$4.26 |
| NOI | $25.8k | $9.94 |
2,600 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.3K
$323.1K – $430.8K
NOI $25,848 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$328.6K
$287.5K – $383.4K
NOI $23,003 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$725.8K
$635.1K – $846.8K
NOI $50,807 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New townhome nearly complete with 5 bedrooms, 2 bathrooms, and a private deck, plus a 2-car garage.
Where is this duplex located?
The property is located at 3021 W 82nd Place Merrillville, IN.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Under construction townhome (Year built 2026) with 5 bedrooms, 2 bathrooms, and a 2‑car garage; Open floorplan with cathedral and vaulted ceilings, skylights, and high ceilings; Granite kitchen countertops, kitchen island, and upgraded cabinetry with crown molding
