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Listing provided courtesy of Haven RealtyNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 827116MLS Provider

8420 Indiana StreetMerrillville, IN 46410

Commercial · 9,240 Sq. ft. | 0.83 Acres
$1,420,000 Active

8420 Indiana Street Overview

Time on Site:
300 days
Visits:
2

Prime Updated Office Building - Investment Opportunity 8420-38 Indiana St, Merrillville, INFully updated 9,240 SF two-story office building in Merrillville's C3 Commercial & Office District. Long term tenant occupied, ideal for investors. Near I-65, 32 on-site spaces + street parking, and high-speed internet.Recent upgrades include: new HVAC (2019 & 2023, another install Aug 2025), remodeled kitchens & bathrooms (2022-23), new carpet/paint, fire alarm & pull stations (2021), advanced security with cameras in every room (2023), smart thermostats building-wide, and parking lot resurfacing/restriping (2020).

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8420 Indiana Street Facts & Features

  • Type Commercial
  • Sq. ft. 9,240
  • Price/Sq.ft. $154
  • Lot 0.83 Acres

Details

General

Building Information

  • Year Built: 2000

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Grand Park
  • Township: Ross

Tax Information

  • Tax Annual Amount: 21902.82
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 451222476009000030
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Estimated

General Information

  • Basement: false
  • Building Features: Inside Corridor(s),Private Restrooms
  • Electric: 200+ Amp Service
  • Heating: Forced Air,Natural Gas,Hot Water
  • Living Area: 9240

Exterior

Parking Information

  • Parking Features: Paved,On Street,Driveway
  • Parking Total: 32

Lot Information

  • Additional Parcels: true
  • Lot Size Acres: 0.831
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 36198.36
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Lighting,Rain Gutters,Private Yard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

8420 Indiana Street Neighborhood

Community

46410 (Merrillville) Demographics

40
Median Age
1,272
Population Density (per sq. mile)
33%
College Educated
$61,000
Estimated Median Income
9,754
Estimated Total Home Owners
6,078
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8420 Indiana Street Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8420 Indiana Street Market Data

Based on the last 30 days in this zip code

$299,496
Average List Price
$155
Average Price per Square Foot
22
Properties Sold
109
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

8420 Indiana Street History

Date Event Value Agent
2/26/2026Source: Northwest Indiana MLS Price Reduction
$1,420,000 -8.7%
11/7/2025Source: Northwest Indiana MLS Price Reduction
$1,555,000 -8.5%
9/3/2025Source: Northwest Indiana MLS Added to Database
September 03, 2025