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$384,500
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Property Description
Discover an incredibly rare opportunity to own a DUPLEX on a peaceful cul-de-sac in highly sought-after Schererville. This property offers the unique chance to live in one unit and rent out the other, providing an immediate income stream.Each spacious unit features 3 bedrooms and 2 bathrooms, offering comfortable living for any tenant or owner. The lower level of each unit provides even more living space, including the 3rd bedroom, a half bathroom, a dedicated laundry room, and a family room.Both sets of tenants are currently on month-to-month leases, offering flexibility for the new owner. A significant benefit for investors is that tenants pay ALL utilities.Step outside and enjoy the expansive large backyard, which directly borders the scenic Erie Lackawanna Bike Trail - perfect for outdoor enthusiasts! The home boasts a new roof (3 years old), providing peace of mind for years to come. Plus, you'll have easy access to Route 30, making commutes and errands a breeze.Don't miss out on this exceptional investment or owner-occupant opportunity in a prime location!
Full Property Details
Full Property Details for 5109-11 W 78th Ln
General
- Sold For: $384,500
- Taxes: $5,225 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 823295
- Added to Site: 205 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Refrigerator, Microwave, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: None
Parking
- Parking Features: Off Street, On Street
Location
- County: Lake
- Township: St. John
- Subdivision: C. GORLEY'S ROLLING HILL EST
- Driving Directions: Route 30 to Burr St, north to 78th Ave, east to Hanley south, follow as it turns into 78th Lane,
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1974
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Features: Back Yard, Cul-De-Sac, Few Trees
Financial Considerations
- Tax Amount: $5,225
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: C. GORLEY'S ROLLING HILL ESTATES UNIT #2 ALL L.1
- Property ID: 451124227030000036
Listed by @properties/Christie's Intl RE
Sold by Listing Leaders
Get Pre-Approved Today
Schools
Schools serving 5109-11 W 78th Ln
School District:Lake Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Homan Elementary School 210 East Joliet Street, Schererville, IN 46375 | K-4 | 2.9 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 | 4.1 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 5109-11 W 78th Ln
Date
Details
Price
Change
Source
8/07/2025
Sold
$384,500
-3.75%
MLS
6/27/2025
Listed
$399,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5109-11 W 78th Lane, Schererville, IN 46375 (MLS# 823295) is a Multi-Family property that was sold at $384,500 on August 07, 2025. Want to learn more about 5109-11 W 78th Lane? Do you have questions about finding other Multi-Family real estate for sale in Schererville? You can browse all Schererville real estate or contact a Coldwell Banker agent to request more information.

