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Single Family ResidenceResidential
$257,666$149 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

7612 WALLACE ST

MERRILLVILLE, IN 46410
3
Beds
2
Baths
1,730 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1976
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$258K
$244K low$272K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,538 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$202,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$32,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$169,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$201,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$202,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1996
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Above-Ground Pool
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 32 ft²Patio · 32 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Jonas E. Salk Elementary SchoolC+
Elementary · Grades PK–4 · 0.6 mi
M
Pierce Middle SchoolC
Middle · Grades 7–8 · 2.6 mi
H
Merrillville High SchoolD
High · Grades 9–12 · 2.9 mi

District: Merrillville Community School

Neighborhood · ZIP 46410These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.113
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.39,474
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,311 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,403
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,550
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7612 Wallace St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 65% of homes in Merrillville 46410
  • Has a smaller lot than 72% of homes in Merrillville 46410
  • Newer than 65% of homes in Merrillville 46410

What homes are worth in Merrillville 46410

Each bar is how many homes fall in that price range. The marker is this home.

This home
$132K$431K

This home is worth more than 65% of homes in Merrillville 46410.

How it measures up in Merrillville 46410

The dot is this home. The mark in the middle is the typical home in Merrillville 46410.

Estimated value$257,666
CheaperTypical $236,056Pricier

Pricier than 65% of homes nearby

Price per ft²$149
CheaperTypical $143Pricier

Pricier than 56% of homes nearby

Living area1,730 ft²
SmallerTypical 1,745 ft²Bigger

Bigger than 49% of homes nearby

Lot size0.2 ac
SmallerTypical 0.25 acBigger

Bigger than 28% of homes nearby

Year built1976
OlderTypical 1968Newer

Newer than 65% of homes nearby

How 7612 Wallace St ranks against every home in each area.
MeasureThis homeMerrillville 46410Lake County
Estimated valuepricier than$257,66665% of homes52% of homes
Price per ft²pricier than$14956% of homes46% of homes
Living areabigger than1,730 ft²49% of homes50% of homes
Lot sizebigger than0.2 ac28% of homes52% of homes
Year builtnewer than197665% of homes64% of homes

About 7612 Wallace St

How much is 7612 Wallace St, Merrillville, IN worth?

The TopHap Estimate for 7612 Wallace St, Merrillville, IN is $257,666 as of Aug 30, 2026. The likely range is $243,822 to $271,510. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7612 Wallace St, Merrillville, IN last sell?

7612 Wallace St, Merrillville, IN last sold on Sep 15, 2016, according to the county's recorded deed.

How big is 7612 Wallace St, Merrillville, IN?

7612 Wallace St, Merrillville, IN has 3 bedrooms, 2 bathrooms, 1,730 square feet of living space and a 0.20-acre lot.

When was 7612 Wallace St, Merrillville, IN built?

7612 Wallace St, Merrillville, IN was built in 1976, making it 50 years old. The building has 2 stories.

What schools serve 7612 Wallace St, Merrillville, IN?

7612 Wallace St, Merrillville, IN is assigned to Jonas E. Salk Elementary School (elementary), rated C+; Pierce Middle School (middle), rated C; Merrillville High School (high), rated D. All sit in Merrillville Community School. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7612 Wallace St, Merrillville, IN compare to other homes in Merrillville 46410?

Among the 11,921 homes in Merrillville 46410, it is worth more than 65% of them ($257,666 against a typical $236,056), its price per square foot is higher than 56% of them ($149 against a typical $143), it is bigger than 49% of them (1,730 ft² against a typical 1,745 ft²), its lot is bigger than 28% of them (0.2 ac against a typical 0.25 ac) and it is newer than 65% of them (1976 against a typical 1968). Measured against all of Lake County, it is worth more than 52% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7612 Wallace St, Merrillville, IN?

The 2024 property tax bill for 7612 Wallace St, Merrillville, IN was $2,538. The county assessed it at $202,200.

More homes on Wallace St

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Assigned schools

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