NOT LISTED FOR SALE

7949 Madison Ave Munster, IN 46321

Munster Area

Estimated Value: $321,000 - $368,000

3 Beds
1.5 Baths
1,232 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2017

Last sale price $194,000 $157 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,135 / mo

105 Days on Market

Highlights

  • Ranch Style House
  • 2.5 Car Detached Garage
  • Bathroom on Main Level
  • Munster High School Rated A+
  • Living Room
  • Forced Air Heating System

About This Home

As of November 2017

Very well maintained BRICK RANCH for under $200,000 in MUNSTER. Long term owners took excellent care of the home. Home features 2.5 CAR GARAGE, COMPLETELY REMODELED BATHROOMS, REFINISHED HARDWOOD FLOORS, extra deep lot, large basement. Furnace, plumbing, A/C, hot water heater, electric, duct work all redone in 2008. This one won't last!!

Last Agent to Sell the Property

Kelly Allard

RE/MAX RESULTS License #RB14039071 Listed on: 08/08/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,342

Year Built

  • Built in 1959

Lot Details

  • 10,800 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Living Room
  • Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1.5 Bathrooms

Utilities

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

Community Details

  • Ridgeland Park 1St Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450613481005000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,342

Year Built

Built in 1959

Lot Details

10,800 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Other
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Ridgeland Park 1st Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 1232
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 0.2479

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 10800
  • Parcel #: 450613481005000027

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2342

Multi Family

  • Existing Lease Type: Net

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
Kelly Allard
RE/MAX RESULTS
List Price
$194,000
Sold Price
$194,000
Current Estimated Value
$342,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,687
Avg. Annual Appreciation
6.77%
Original Mortgage
$124,000
Outstanding Balance
$101,734
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$242,920
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Munster, IN

  • Jamie Durham Real Estate Agent

    Jamie Durham

    (219) 491-2247

    75 Total Sales

    39 in Munster

    $125K - $940K Price Range

    Jamie Durham
     Section Image
  • Lilia Balan Real Estate Agent - Pavlova Properties

    Lilia Balan

    Pavlova Properties

    (855) 619-6678

    45 Total Sales

    3 in Munster

    $222K - $270K Price Range

    Lilia Balan
     Section Image
  • Steve Monsma Real Estate Agent

    Steve Monsma

    (219) 500-6953

    166 Total Sales

    11 in Munster

    $225K - $470K Price Range

    Steve Monsma
     Section Image
  • Tanesha Pratt Real Estate Agent - Coldwell Banker Realty

    Tanesha Pratt

    Coldwell Banker Realty

    (630) 895-7761

    73 Total Sales

    1 in Munster

    $359,000 Price

    Tanesha Pratt
     Section Image
  • David Speckman Real Estate Agent

    David Speckman

    (219) 240-0267

    57 Total Sales

    16 in Munster

    $4K - $900K Price Range

    David Speckman
     Section Image

  • CF

    Cirilo Favela

    Favela Real Estate, LLC

    (708) 323-2597

    76 Total Sales

    1 in Munster

    $440,000 Price

    Cirilo Favela
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $124,000
Previous Owner $40,910
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Sold $194,000 0.0% $157 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $194,000 -- $157 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,055 $355,200 $75,600 $279,600
2024 $7,261 $329,400 $75,600 $253,800
2023 $2,885 $237,500 $49,900 $187,600
2022 $2,885 $221,400 $49,900 $171,500
2021 $2,721 $208,900 $33,400 $175,500
2020 $2,635 $202,200 $33,400 $168,800
2019 $2,454 $190,600 $33,400 $157,200
2018 $2,711 $183,800 $33,400 $150,400
2017 $2,487 $169,500 $33,400 $136,100
2016 $2,342 $164,200 $33,400 $130,800
2014 $2,326 $163,200 $33,400 $129,800
2013 $2,156 $157,300 $33,400 $123,900
Source: Public Records

Agents Affiliated with this Home

  • KA

    Seller's Agent in 2017

    Kelly Allard

    RE/MAX

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR420185

Northwest Indiana Association of REALTORS®

APN: 45-06-13-481-005.000-027

Indiana Lake County Munster 46321

7949 Madison Ave, Munster, IN

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Northwest Indiana Association of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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