1504 Somerset Dr Munster, IN 46321
Estimated Value: $578,427 - $716,000
5
Beds
3
Baths
3,126
Sq Ft
$215/Sq Ft
Est. Value
About This Home
This home is located at 1504 Somerset Dr, Munster, IN 46321 and is currently estimated at $671,107, approximately $214 per square foot. 1504 Somerset Dr is a home located in Lake County with nearby schools including Munster High School and Plum Creek Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 26, 2013
Sold by
Prasad Mridula R and Bhawani Prasad R
Bought by
Prasad R Bhawani R and Prasad Mridula R
Current Estimated Value
Purchase Details
Closed on
Oct 25, 2007
Sold by
Madsen Rees C and Madsen Sandra L
Bought by
Prasad Mridula R and Bhawani Prasad R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$205,661
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$465,446
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prasad R Bhawani R | -- | None Available | |
| Prasad Mridula R | -- | Community Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prasad Mridula R | $332,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,057 | $494,500 | $89,700 | $404,800 |
| 2024 | $13,953 | $459,400 | $89,700 | $369,700 |
| 2023 | $5,874 | $456,400 | $89,000 | $367,400 |
| 2022 | $5,874 | $436,400 | $89,000 | $347,400 |
| 2021 | $5,386 | $399,700 | $69,000 | $330,700 |
| 2020 | $5,232 | $387,500 | $69,000 | $318,500 |
| 2019 | $5,102 | $385,700 | $69,000 | $316,700 |
| 2018 | $6,052 | $389,300 | $69,000 | $320,300 |
| 2017 | $6,168 | $395,500 | $69,000 | $326,500 |
| 2016 | $5,883 | $394,400 | $69,000 | $325,400 |
| 2014 | $5,957 | $391,700 | $69,000 | $322,700 |
| 2013 | $5,851 | $393,000 | $69,000 | $324,000 |
Source: Public Records
Map
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