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$1,420,000 -$135,000 (-8.68%) Price Reduced
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Property Description
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).
Full Property Details
Full Property Details for 8420 Indiana St
General
- Price: $1,420,000
- Taxes: $21,902 (2023)
- Status: Active
- Type: Office
- Source: GNIAR
- MLS ID: 827116
- Updated: 2/26/2026
- Added to Site: 176 day(s) ago
Exterior
- Exterior Features: Lighting, Rain Gutters, Private Yard
Parking
- Parking Features: Paved, On Street, Driveway
Location
- County: Lake
- Township: Ross
- Subdivision: Grand Park
- Driving Directions: From I65 head east on US-30 (Lincoln Highway). Turn south on Mississippi Street. Then west on 85th Avenue. The property is located at the corner of 85th (Indiana St.) and Mississippi St.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas, Hot Water
Structural Information
- Square Feet: 9,240
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.831
- Lot Size (Sq. Ft.): 36,198.36
Financial Considerations
- Tax Amount: $21,902.82
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: AMENDED PLAT OF SUBDIVISION GRAND PARK LOT 2 & Grand Park Amended Plat S.10.0ft of Lot 1
- Property ID: 451222476009000030
Listed by Haven Realty
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Schools
Schools serving 8420 Indiana St
School District:Merrillville Community School
| Name | Grades | Distance |
|---|---|---|
John Wood Elementary School 6100 East 73rd Avenue, Merrillville, IN 46410 | PK-4 | 3.2 mi |
Merrillville Intermediate School 1400 West 61st Avenue, Merrillville, IN 46410 | 5-6 | 3.7 mi |
Pierce Middle School, Merrillville, IN 199 East 70th Place, Merrillville, IN 46410 | 7-8 | 1.8 mi |
Merrillville High School 276 East 68th Place, Merrillville, IN 46410 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8420 Indiana St
Date
Details
Price
Change
Source
2/26/2026
Price Reduced
$1,420,000
-8.68%
MLS
11/07/2025
Price Reduced
$1,555,000
-8.53%
MLS
9/03/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8420 Indiana St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$131,477
-11%
$6,357,500
—
2023
$148,489
16%
$6,337,300
3%
2022
$128,202
-10%
$6,137,100
7%
2020
$141,850
15%
$5,719,300
—
2019
$123,435
—
$5,710,300
—
2019
$123,435
48%
$5,692,700
57%
2018
$83,142
701%
$3,634,300
739%
2017
$10,382
5%
$433,300
—
2016
$9,845
5%
$433,800
—
2015
$9,375
-14%
$433,800
—
2013
$10,958
-3%
$433,800
—
2012
$11,336
—
$433,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8420 Indiana St
8420 Indiana Street, Merrillville, IN 46410 (MLS# 827116) is a Office property. 8420 Indiana Street is currently listed for $1,420,000 and was received on September 03, 2025. Want to learn more about 8420 Indiana Street? Do you have questions about finding other Office real estate for sale in Merrillville? You can browse all Merrillville real estate or contact a Coldwell Banker agent to request more information.

