$370,000
SOLD FEB 14, 2025

245 Fairbanks Place Munster, IN 46321

4 Beds
2 Baths
2,620 Sq Ft
9,360 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Views
  • Munster High School Rated A+
  • Porch
  • Patio

About This Home

As of February 2025

Recently updated 2 story house with double lots ,4 bedrooms,2 baths, finished basement, 2 car garage and fenced back yard. When you walk in you see living room flow into dinning room and kitchen with hardwood floors and recessed lights. Dining room has a built-in cabinets with recess lights, glass doors and shelves. Dining room also has a sliding door which lead to back deck to over look large fenced yard. Kitchen has new cabinets, quartz countertop, backsplash, new tile floor. The Iron posts on stairs and railing give you more updated look. There are 3 bedrooms on 2nd floor. Large sized master bedroom has double closets and new ceiling fixtures with fans. There is one bedroom on main floor with mirror closet and new floor and light fixture . The finished basement with new bathroom give you more living space for family activities. New siding and the house and garage. New updated electricity and Pluming works. The home sets on a double lot totaling 0.21 acre lot with a fenced backyard . An outstanding school system with the Munster Schools. 3 minutes to new train station to Chicago by driving and 13 minutes by walk. It is ready for the next owner to make their own home.

Last Agent to Sell the Property

Zhenzhu Xie

Pearl Realty, LLC License #RB14036664 Listed on: 01/05/2025

Last Buyer's Agent

Christopher Mihajlovich

Haven Realty License #RB14051117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1938

Lot Details

  • 9,360 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Property Views
  • Basement

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hollywood//Munster Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450613328029000027
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • Reso View: Other
  • Co List Office Mls Id: NRA1225
  • Subdivision Name: Hollywood//Munster
  • Above Grade Finished Sq Ft: 1920
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 90.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range Hood, Washer, Refrigerator, Gas Range, Exhaust Fan, Dryer
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Stone Counters
  • Basement: Finished
  • Flooring: Ceramic Tile, Vinyl, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 700
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Yard, Storage
  • Fencing: Back Yard
  • Acres: 0.2149
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 78 * 120
  • Lot Size Sq Ft: 9360
  • Parcel #: 450613328029000027

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Feb 14, 2025
Sold by
Howey Realty Investment Llc
Bought by
Friedl Justin
Seller's Agent
Zhenzhu Xie
Pearl Realty, LLC
Buyer's Agent
Christopher Mihajlovich
Haven Realty
List Price
$398,000
Sold Price
$370,000
Premium/Discount to List
-$28,000
-7.04%
Views
89
Current Estimated Value
$362,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,399
Avg. Annual Appreciation
-4.55%
Original Mortgage
$296,000
Outstanding Balance
$295,255
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$67,068

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 18, 2024
Sold by
Maddox Terry M
Bought by
Howey Realty Investment Llc
Seller's Agent
Jay Mayden
Kraft Real Estate Services, LL
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$129,900
Sold Price
$205,150
Premium/Discount to List
$75,250
57.93%
Views
231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
321.41%

Purchase Details

Closed on
Feb 11, 2022
Sold by
Revocable Inter Vivos Trust
Bought by
Bohley Betty N

Purchase Details

Closed on
Feb 4, 2022
Sold by
Bohley Betty N
Bought by
Bohley Betty N and Bohley Betty N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $205,150 Community Title Company
Quit Claim Deed -- Tauber Law Offices
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $370,000 -5.1% $141 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/18/2025 01/18/25 Price Changed $389,900 -1.3% $149 / Sq Ft
01/13/2025 01/13/25 Price Changed $395,000 -0.8% $151 / Sq Ft
01/05/2025 01/05/25 For Sale $398,000 +94.0% $152 / Sq Ft
09/19/2024 09/19/24 Sold $205,150 +57.9% $107 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $129,900 -- $68 / 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 $7,096 $255,800 $51,000 $204,800
2023 $2,924 $232,100 $51,700 $180,400
2022 $2,889 $220,400 $51,700 $168,700
2021 $2,582 $197,600 $30,500 $167,100
2020 $2,510 $192,000 $30,500 $161,500
2019 $2,294 $177,600 $30,500 $147,100
2018 $2,539 $171,000 $30,500 $140,500
2017 $2,488 $167,500 $30,500 $137,000
2016 $2,331 $163,500 $30,500 $133,000
2014 $2,311 $162,400 $30,400 $132,000
2013 $2,200 $159,600 $30,500 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 814559

Northwest Indiana Association of REALTORS®

APN: 45-06-13-328-029.000-027