$195,000
$30K PRICE DROP

10317 Margo Ln Munster, IN 46321

Estimated payment $1,307/month

Total Views 31,071
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

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: NRA1768
  • 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
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