$152,000
SOLD AUG 16, 2024

7937 Forest Ave Munster, IN 46321

3 Beds
2 Baths
1,631 Sq Ft
0.28 Acres

Recently Sold

$93 Per Sq Ft

13% Below List Price

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1.5 Car Detached Garage
  • Munster High School Rated A+
  • No HOA
  • 4-minute walk to Sunnyside Park

About This Home

As of August 2024

Attention investors. This solid brick home in Munster is ready for renovation. Roof is newer. Mostly everything inside the home is original. This is a great opportunity for a renovation and resale, or as an ideal home as an investment rental. Photos provided are accurate. Don't miss your opportunity to make this a beautiful home and profit at the same time. Main floor has a gravity gas furnace and window air conditioning. 2nd floor has separate furnace and central air. CASH BUYERS

Last Agent to Sell the Property

Rachel Peers-Port

Realty Executives Premier License #RB14043998 Listed on: 07/30/2024

Realty Executives Premier

Co-Listed By

Bill Port

Realty Executives Premier License #RB14025049

Last Buyer's Agent

Rachel Peers-Port

Realty Executives Premier License #RB14043998 Listed on: 07/30/2024

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1928

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x161
  • Back Yard Fenced
  • Landscaped

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 1,631 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement
  • Laundry in Basement
  • Attic Stairs

Kitchen

  • Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Front Porch
  • Suburban Location

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 45-06-13-376-008.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,797

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1928
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, In Basement
  • ResoLotFeatures: Landscaped, Many Trees
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: None
  • Co List Office Mls Id: NRA1347
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 1631
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Oven, Gas Range
  • Interior Amenities: Attic Stairway
  • Basement: Concrete, Storage Space, Unfinished
  • Flooring: Carpet, Other, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Awning(s), Private Yard
  • Fencing: Back Yard
  • Acres: 0.2772
  • Waterfront: No
  • Construction Type: Brick, Redwood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Front Porch, Porch
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Concrete, Garage Faces Front, Driveway, Detached

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Natural Gas, Gravity
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Restaurant, Suburban, Street Lights, Sidewalks
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 75x161
  • Lot Size Sq Ft: 12075
  • Additional Parcels: No
  • Parcel #: 45-06-13-376-008.000-027
  • Zoning Description: Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2797

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 12, 2024
Sold by
Jessup Gregory G
Bought by
Happyhouses Llc
Seller's Agent
Rachel Peers-Port
Realty Executives Premier
Buyer's Agent
Rachel Peers-Port
Realty Executives Premier
List Price
$175,000
Sold Price
$152,000
Premium/Discount to List
-$23,000
-13.14%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.28%
Original Mortgage
$292,000
Outstanding Balance
$289,835
Interest Rate
6.47%
Estimated Equity
$29,271

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 14, 2024
Sold by
Etter John P
Bought by
Jessup Gregory G
Seller's Agent
Rachel Peers-Port
Realty Executives Premier
Buyer's Agent
Rachel Peers-Port
Realty Executives Premier
List Price
$175,000
Sold Price
$152,000
Premium/Discount to List
-$23,000
-13.14%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$289,835
Interest Rate
6.47%
Estimated Equity
$29,271
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 $175,000 Chicago Title Company
Personal Reps Deed $152,000 Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,000 No Value Available
Closed $293,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $355,000 -1.4% $206 / Sq Ft
06/14/2025 06/14/25 For Sale $360,000 +136.8% $208 / Sq Ft
08/16/2024 08/16/24 Sold $152,000 -13.1% $93 / Sq Ft
07/30/2024 07/30/24 For Sale $175,000 -- $107 / 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 $6,851 $250,100 $47,500 $202,600
2023 $2,797 $224,100 $48,400 $175,700
2022 $2,704 $208,400 $48,400 $160,000
2021 $2,611 $201,000 $44,300 $156,700
2020 $2,629 $201,800 $44,300 $157,500
2019 $2,251 $175,600 $44,300 $131,300
2018 $2,548 $175,600 $44,300 $131,300
2017 $2,557 $173,500 $44,300 $129,200
2016 $2,462 $173,600 $44,300 $129,300
2014 $2,344 $168,700 $44,200 $124,500
2013 $2,185 $163,400 $44,300 $119,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brian Waters

    Mentor Listing Realty, Inc.

    (866) 269-1006

    19 in this area

    514 Total Sales

    Brian Waters
    Section Image
  • Rachel Peers-Port

    Seller's Agent in 2024

    Rachel Peers-Port

    Realty Executives

    (219) 613-7520

    9 in this area

    178 Total Sales

    Rachel Peers-Port
    Section Image
  • Bill Port

    Seller Co-Listing Agent in 2024

    Bill Port

    Realty Executives

    (219) 613-7527

    9 in this area

    163 Total Sales

    Bill Port
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 807686

Northwest Indiana Association of REALTORS®

APN: 45-06-13-376-008.000-027

Indiana Lake County Munster 46321

7937 Forest Ave, Munster, IN

This home is located at 7937 Forest Ave, Munster, IN 46321 and is currently priced at $152,000, approximately $93 per square foot. This property was built in 1928. 7937 Forest Ave is a home located in Lake County with nearby schools including Munster High School, Lansing Christian School, and St. Thomas More 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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