Move-In Ready Ranch
4401 W 73rd Court Merrillville, IN 46410
4401 W 73rd Court, Merrillville, IN, 46410
$259,900
For Sale
$259,900
SINGLE_FAMILY - Merrillville, IN
Property Size1,376 SF
Lot Size0.15 Acres
Price / SF$188.88
Days on Market37
Property Features for 4401 W 73rd Court
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Kitchen, Bedroom 2
- Parking features
- Driveway
- Window features
- Blinds
- Patio and Porch features
- Patio
- Interior features
- Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Eat-in Kitchen, Ceiling Fan(s)
- Exterior features
- Rain Gutters
- Appliances
- Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 451218303025000030
- Size
- 1,376 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- CREEKWOOD CROSSING LOT 13 EX. PT OF W.50.0FT
- Tax Annual Amount
- 1816
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
Listing Agency
Realty Executives Premier
(219) 462-2224
310 E. Lincolnway, Valparaiso, IN
Listed by
Lauren Piazza
(219) 973-9767
Added: Jun 12 Checked: Jul 18 at 8:06 am
MLS# 840624
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.
This move-in ready ranch home features an open concept floor plan designed for comfortable daily living. The eat-in kitchen includes a peninsula for additional seating, a pantry, and a full appliance package. The primary bedroom offers an en-suite bathroom and a large walk-in closet, while the second bedroom includes a large walk-in closet and sits adjacent to the full bathroom. Additional closets provide extra storage.
Outside, the home offers an open backyard setting with a concrete patio, and a 2-car garage with additional storage. The property is positioned for shopping and commuting convenience and is located about 1 block from Toast & Jam.
With its ranch layout and functional storage throughout, the home presents a straightforward, ready-to-occupy option for an owner-occupant or residential income scenario.
Outside, the home offers an open backyard setting with a concrete patio, and a 2-car garage with additional storage. The property is positioned for shopping and commuting convenience and is located about 1 block from Toast & Jam.
With its ranch layout and functional storage throughout, the home presents a straightforward, ready-to-occupy option for an owner-occupant or residential income scenario.
Key Highlights
- Ranch home built in 2006 with an open floorplan and cathedral ceilings
- Eat‑in kitchen with peninsula seating, pantry, and a full appliance package (gas range, refrigerator, microwave, dishwasher, washer/dryer)
- Primary bedroom includes an en‑suite bathroom and a huge walk‑in closet
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 | $20.6k | $15.00 |
| − Vacancy | −$1.1k | −$0.80 |
| EGI | $19.5k | $14.20 |
| − OpEx | −$5.9k | −$4.26 |
| NOI | $13.7k | $9.94 |
1,376 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$195.4K
$171.0K – $228.0K
NOI $13,679 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$173.9K
$152.2K – $202.9K
NOI $12,174 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$384.1K
$336.1K – $448.2K
NOI $26,889 @ 7.0% cap · market cap 10.35%
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 - Ranch home with a full appliance-package eat-in kitchen, en-suite primary bath, and a 2-car garage.
Where is this duplex located?
The property is located at 4401 W 73rd Court Merrillville, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Ranch home built in 2006 with an open floorplan and cathedral ceilings; Eat‑in kitchen with peninsula seating, pantry, and a full appliance package (gas range, refrigerator, microwave, dishwasher, washer/dryer); Primary bedroom includes an en‑suite bathroom and a huge walk‑in closet
