5027 Teal Terrace, Schererville, IN 46375

$520,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,934 Lot Size (sq. ft.): 15,000 Status: Active
Current Price: $520,000 List Date: 9/03/2026 Last Modified: 10/23/2026

Overview

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.

Listing Details MLS# 844742

General Property Information

New Construction YN
No
Bedrooms Total
4
Bathrooms Full
3
Bathrooms Total
3
Rooms Total
9
Above Grade Finished Area
1467
Below Grade Finished Area
1467
Living Area
2934
Year Built
1995
Garage YN
Yes
Garage Spaces
2
Lot Size Acres
0.3444
Lot Size Square Feet
15000
Lot Size Source
Estimated
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
Yes

Property Features

Appliances: Dishwasher; Dryer; Gas Water Heater; Microwave; Range Hood; Refrigerator; Washer Basement: Interior Entry; Sump Pump Construction Materials: Brick; Vinyl Siding Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Fireplace Features: Wood Burning Flooring: Linoleum; Tile Heating: Forced Air; Natural Gas Interior Features: Cathedral Ceiling(s); Vaulted Ceiling(s) Levels: 1-Sty/Ranch/Bungalow Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: Combo Lot Features: Corner Lot; Landscaped Parking Features: Attached Patio And Porch Features: Deck Possession: Close Of Escrow Roof: Asphalt Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Agent Owned / Interest Utilities: Cable Available; Electricity Available; Natural Gas Available View: None Water Source: Public Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bonus Room; Dining Room; Kitchen; Living Room; Primary Bedroom

Contract Information

Original List Price
550000
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
Yes
Owner Name
Raghavan Prasanna
Occupant Type
Vacant

Location Tax and Legal

Street Number
5027
Street Name
Teal
Street Suffix
Terrace
County
Lake
State
IN
Postal Code
46375
Subdivision Name
Foxwood Estates 05

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Major Change Timestamp
2026-10-23T02:19:13Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-23T02:19:13Z
Status Change Timestamp
2026-09-03

More Information

Bathroom Totals

Basement Full
Yes
Main Full
Yes
Upper Full
Yes

Exemption Information

Exemption YN
No

Fireplace Features

Fireplaces Total
Yes

Lock Box Information

Lock Box Serial Number
1508472

Square Footage Information

Main Level Finished SqFt
1467
Basement Level Finished SqFt
1467

Showing Requirements

Showing Instructions
Garage side door has combo code 2620. Go and show anytime; no confirmation needed. Please provide feedback

Historical Information

Public Historical Remarks
Unfinished SF: 0, Annual Maint Incl: None, Utilities: On (Assessor), Interior Features: Main Bedroom Bath,Main Floor Bathroom

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Bedroom 4 Level
Basement
Bedroom 5 Level
Basement
Bonus Room Level
Basement
Dining Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Primary Bedroom Level
Main

Room Information

Room Name Level Length Width Remarks
Living Room Main 16.00 13.00
Kitchen Main 10.00 20.00
Bonus Room Basement 12.00 21.00
Primary Bedroom Main 14.00 15.00
Bedroom 2 Main 11.00 10.00
Bedroom 3 Main 11.00 10.00
Bedroom 4 Basement 14.00 12.00
Bedroom 5 Basement 13.00 10.00
Dining Room Main 10.00 13.00 10.00 x 13.00
Listing Office: Hamzat Realty
Last Updated: October - 23 - 2026
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