NOT LISTED FOR SALE

1506 Fran Lin Pkwy Munster, IN 46321

Estimated Value: $427,269 - $438,000

4 Beds
2.5 Baths
2,851 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $380,000 $133 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,199/month

82 Days on Market

Highlights

  • No HOA
  • 2.5 Car Attached Garage
  • Landscaped
  • Munster High School Rated A+
  • Patio
  • 3-minute walk to Steward Park

About This Home

As of June 2023

Don't miss out on this spacious home in the highly desirable Fairmeadows subdivision with 4 large bedrooms and 3 bathrooms and over 2800 finished sqft!! Ideally located just 2 blocks to Frank Hammond Elementary School and within walking distance to both middle and high school. Main floor features spacious living room and dining room, nice kitchen with bay window looking out to backyard plus large gathering room with fireplace and convenient access to the patio and backyard. All 4 bedrooms are located on the upper level. Large primary bedroom has walk-in closet and updated 3/4 bath. Three other bedrooms are very generously-sized and share the roomy retro full bath. Additional recreation room and plenty of storage in basement. All appliances remain with the home including washer and dryer. Great location close to parks, restaurants and shopping as well as nearby access to expressways, very convenient for commuters to Chicago!

Last Agent to Sell the Property

Laura Getting

McColly Real Estate License #RB14045668 Listed on: 02/10/2023

McColly Real Estate

Last Buyer's Agent

Xuhua Li

Coldwell Banker Realty License #RB20000700

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Landscaped

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Recreation Room with Fireplace
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Frank H Hammond Elementary School
  • Munster High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairmeadow Add 15 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450730430007000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,462

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Level, Paved, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Fairmeadow Add 15
  • Above Grade Finished Sq Ft: 2334
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Basement: Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 517
  • Fireplace Features: Recreation Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.2583
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11250
  • Parcel #: 450730430007000027

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4462

MLS Schools

  • HighSchool: Munster High School
  • Elementary School: Frank H Hammond Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Jul 3, 2023
Sold by
Lawrence Appelsies Family Trust and Edith Lp Appelsies Marital Trust
Bought by
Zeng Chaoqiang and Lei Elsa
Seller's Agent
Laura Getting
McColly Real Estate
Buyer's Agent
Xuhua Li
Coldwell Banker Realty
List Price
$424,900
Sold Price
$380,000
Premium/Discount to List
-$44,900
-10.57%
Current Estimated Value
$433,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,817
Avg. Annual Appreciation
5.98%
Original Mortgage
$245,000
Outstanding Balance
$238,913
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$194,904

Purchase Details

Closed on
Oct 5, 2009
Sold by
Appelsies Edith L and Appelsies Lawrence
Bought by
Appelsies Edith L and Lawrence Appelsies Family Trus
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zeng Chaoqiang -- None Listed On Document
Lawrence Appelsies Family Trust -- Community Title Company
Appelsies Edith L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Chaoqiang $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $380,000 -10.6% $133 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $424,900 -- $149 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

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 $10,785 $389,500 $66,000 $323,500
2023 $4,417 $352,800 $65,300 $287,500
2022 $4,417 $331,600 $65,300 $266,300
2021 $4,079 $306,100 $38,300 $267,800
2020 $3,998 $299,500 $38,300 $261,200
2019 $3,545 $271,000 $38,300 $232,700
2018 $3,969 $260,900 $38,300 $222,600
2017 $3,962 $259,900 $38,300 $221,600
2016 $3,652 $250,400 $38,300 $212,100
2014 $3,361 $229,100 $38,300 $190,800
2013 $3,080 $215,300 $38,300 $177,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laura Getting

    McColly Real Estate

    (219) 688-3859

    5 in this area

    22 Total Sales

    Laura Getting
    Section Image
  • Xuhua Li

    Buyer's Agent in 2023

    Xuhua Li

    Coldwell Banker Realty

    (219) 301-0309

    5 in this area

    19 Total Sales

    Xuhua Li
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 525960

Northwest Indiana Association of REALTORS®

APN: 45-07-30-430-007.000-027

Indiana Lake County Munster 46321

1506 Fran Lin Pkwy, Munster, IN

This home is located at 1506 Fran Lin Pkwy, Munster, IN 46321 since 10 February 2023 and is currently estimated at $433,817, approximately $152 per square foot. This property was built in 1969. 1506 Fran Lin Pkwy is a home located in Lake County with nearby schools including Munster High School, St. Thomas More School, and Our Lady Of Grace School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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