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$550,000 Just Listed
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Property Description
Luxury living at its finest! Welcome to this breathtaking, 5-bedroom 3 bath open concept ranch home. Expertly designed home with tasteful upgrades in every corner. This home boasts a modernized kitchen with new cabinets, stainless steel appliances, quartz countertops, subway tile backsplash, and recessed lighting. Large Master bedroom features an updated master bath and double closets. The expertly designed bathrooms feature tastefully selected tile, and new vanities, and lighting. Lower finished level features two large bedrooms, and plenty of space to entertain. 2 car attached garage. Large fenced in backyard perfect for summer days. So many updates to list! You don't want to miss this one! Call for your showing today!FHA will qualify.
Full Property Details
Full Property Details for 5027 Teal Terrace
General
- Price: $550,000
- Taxes: $5,714 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 844742
- Updated: 9/3/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Cathedral Ceiling(s), Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Range Hood, Refrigerator, Microwave, Gas Water Heater, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 2
- Parking Features: Attached
Location
- County: Lake
- Township: St. John
- Subdivision: Foxwood Estates 05
- Driving Directions: Take US-41 S/Indianapolis Blvd south. Turn left onto W 45th Ave. Turn right onto Burr St. Turn right onto Teal Dr, then left onto Teal Ter. The destination is on your right.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 6,068
- Year Built: 1995
Lot Features
- Lot Size (Acres): 0.3444
- Lot Size (Sq. Ft.): 15,000
- Lot Features: Corner Lot, Landscaped
Financial Considerations
- Tax Amount: $5,714
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: FOXWOOD ESTATES UNIT 5 LOT 267
- Property ID: 451113278001000036
Listed by Hamzat Realty
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Schools
Schools serving 5027 Teal Terrace
School District:Lake Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Homan Elementary School 210 East Joliet Street, Schererville, IN 46375 | K-4 | 2.6 mi |
Michael Grimmer Middle School 225 West 77th Avenue, Schererville, IN 46375 | 5-8 | 3.3 mi |
Lake Central High School 8400 Wicker Avenue, Saint John, IN 46373 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5027 Teal Terrace
Date
Details
Price
Change
Source
9/03/2026
Listed
$550,000
99.47%
MLS
5/10/2017
Sold
$275,736
—
Public Record
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 5027 Teal Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,566
—
$357,800
5%
2024
$5,566
-13%
$339,900
8%
2023
$6,400
36%
$314,300
—
2022
$4,723
40%
$315,100
6%
2020
$3,362
13%
$297,800
3%
2019
$2,968
—
$289,300
6%
2019
$2,968
12%
$272,300
11%
2018
$2,652
17%
$245,700
8%
2017
$2,275
—
$227,000
8%
2017
$2,275
11%
$209,500
—
2016
$2,055
6%
$208,500
—
2015
$1,934
-15%
$209,100
—
2013
$2,282
1%
$209,300
-1%
2012
$2,253
—
$212,000
—
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 5027 Teal Terrace
5027 Teal Terrace, Schererville, IN 46375 (MLS# 844742) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5027 Teal Terrace is currently listed for $550,000 and was received on September 03, 2026. Want to learn more about 5027 Teal Terrace? Do you have questions about finding other Single Family real estate for sale in Schererville? You can browse all Schererville real estate or contact a Coldwell Banker agent to request more information.

