205 Fairview Lane, Schererville, IN 46375

• 3 beds |
• 2 baths |
• 1,776 sqft

Property Description

Discover the potential of this well-kept tri-level home, ideally positioned on a generous corner lot with an oversized driveway offering access from both Austin and Fairview--perfect for multiple vehicles, guests, or tenants. This property is currently tenant-occupied and producing consistent rental income. Inside, the home offers an inviting layout across three levels. The upper floor includes three nicely sized bedrooms and a full bath, while the lower level provides a spacious rec room and an additional non-conforming room--great as a potential 4th bedroom, office, or hobby space. Also includes an attached garage that adds even more convenience. Conveniently located near local amenities, schools, and commuter routes, this income-generating property offers both flexibility and function. Don't miss your chance to secure a home that works for you--whether you're building equity, cash flow, or both!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:20PM

Listing Office:

Property Boss : (219) 801-6123

Listing Agent:

Kiyah Marshall :

MLS ID:

833470

Interior

• General: Other
• Rooms: Bonus RoomPrimary BedroomLiving RoomKitchenDining RoomBedroom 3Bedroom 2
• Appliances: Other
• Basement: Crawl Space
• Heating: Central

Exterior

• General: Other
• Parking: Driveway

Construction

• General: Tri-Level

Location

• Originating MLS: nira
• County: Lake

Lot

• Zoning: FAIRVIEW ADD. L.29451115177001000036
• View: Neighborhood

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: nira