$195,000
$30K PRICE DROP

10317 Margo Ln Munster, IN 46321

Estimated payment $1,289/month

Total Views 83,383
0.28 Acre
$696,429 Price per Acre
12,197 Sq Ft Lot

Highlights

  • No HOA
  • Munster High School Rated A+
  • Neighborhood Views

About This Lot

Envision your DREAM home in the heart of Munster! Welcome to an exceptional opportunity to build your custom dream home in the heart of one of Munster's most coveted neighborhoods--West Lakes. This expansive .28-acre homesite offers a rare combination of serenity, convenience, and timeless elegance. Perfectly positioned on a tranquil residential street and surrounded by stately, high-end residences, this flat lot provides the ideal canvas to bring your architectural vision to life. Whether you're dreaming of a modern retreat or a classic estate, the possibilities here are endless. Enjoy a cozy suburban atmosphere with all the perks of a well-connected location. Stroll to neighborhood parks or explore the award-winning Centennial Park, where scenic walking paths, lush golf courses, seasonal festivals, and fine dining await. For commuters and city lovers, the upcoming West Lake Corridor train station, just a short walk away, will offer swift access to downtown Chicago--blending peaceful living with urban accessibility. With top-rated Munster schools, no HOA fees, and proximity to restaurants, shopping, and recreation, this lot offers an unparalleled lifestyle and long-term value. Bring your own builder and create something truly special in this sought-after enclave. Rarely does a homesite of this caliber become available--don't miss your chance to design the life you've always imagined.

Listing Agent

Brooke Metz

Realty Executives Premier License #RB14052503 Listed on: 08/19/2025

Realty Executives Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,328

Schools

  • Eads Elementary School
  • Wilbur Wright Middle School
  • Munster High School

Additional Features

  • 0.28 Acre Lot
  • Neighborhood Views

Community Details

  • No Home Owners Association
  • West Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450636377002000027
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$3,328

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Residential, Unimproved, Single Family
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Near Public Transit, Rectangular Lot
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA1347
  • Subdivision Name: West Lakes
  • Financial Info Electric: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.28
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Available, Underground Utilities, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Munster
  • Middle Or Junior School: Wilbur Wright Middle School

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 450636377002000027
  • Zoning Description: Residential

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3328.35

MLS Schools

  • HighSchool: Munster High School
  • Elementary School: Eads Elementary School

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,573 $127,700 $127,700 --
2024 $2,972 $127,700 $127,700 --
2023 $2,573 $97,200 $97,200 --
2022 $2,613 $97,200 $97,200 $0
2021 $2,509 $90,700 $90,700 $0
2020 $2,488 $90,700 $90,700 $0
2019 $51 $1,700 $1,700 $0
2018 $52 $1,700 $1,700 $0
2017 $53 $1,700 $1,700 $0
2016 $52 $1,700 $1,700 $0
2014 $51 $1,700 $1,700 $0
2013 $50 $1,700 $1,700 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Price Changed $195,000 -13.3% --
08/19/2025 08/19/25 For Sale $225,000 +90.7% --
12/03/2019 12/03/19 Sold $118,000 0.0% -- View Prior Sale
11/03/2019 11/03/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $118,000 -- --
Source: Northwest Indiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title Co
Trustee Deed -- Chicago Title Insurance Co
Trustee Deed -- Chicago Title Insurance Co
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $70,800 Commercial
Source: Public Records

About the Listing Agent

Brooke Metz

Realty Executives Premier

(219) 516-5731

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In 2014, Brooke began working in the real estate industry and has been loving this industry since then! Real estate has enabled her to engage with clients all over the Chicagoland & Northwest Indiana regions while guiding them through one of the largest decisions of their lives. Most of her clientele is referred directly from past clients, which is a testament to the service all of the team's clients receive. With over $85,000,000 in real estate sold individually, Brooke has been able to show

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Source: Northwest Indiana Association of REALTORS®

MLS Number: 826294

Northwest Indiana Association of REALTORS®

APN: 45-06-36-377-002.000-027

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