NOT LISTED FOR SALE

8027 Forest Ave Munster, IN 46321

Estimated Value: $485,100 - $522,000

5 Beds
3.5 Baths
3,974 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $460,000 $116 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,094/month

211 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • 2.5 Car Detached Garage
  • Munster High School Rated A+
  • No HOA
  • Skylights

About This Home

As of March 2023

UPDATED Vintage Beauty perfect for Buyers who want a UNIQUE One of a Kind House to call Home! With an Acceptable Offer the Sellers will pay up to 2 % of Your Mortgage Amount to LOWER Your INTEREST RATE!!! Select Either a 3/2/1 or 2/1 Mortgage Buydown OR Reduce Your Fixed Interest Rate over 30 years... Ask Your Agent for Details!This is the kind of House that stirs your feelings - I love this House- I want this House...you can picture yourself living here surrounded by Beauty & Comfort..it just feels good. The Inviting Living Room w Fireplace & Adjoining Sitting Room is a spot you could relax in & daydream endlessly. French Door opens to Family Room w built-in Bookcases. Kitchen Boasts Professionally Painted Cabinets, NEW SS Appliances & French Doors open to Tiled 3 Seasons Rm. w HOT TUB. Office off Kitchen, Formal Dining. Upstairs you'll find 5 BR's - 2 are En-Suite BR's- Primary BDRM has Remodeled Bath. Main Level Laundry .Fence. HOME WARRANTY. List of Improvements available

Last Agent to Sell the Property

Debra Ellison

RE/MAX Realty Associates License #RB14050826 Listed on: 06/24/2022

RE/MAX Realty Associates

Last Buyer's Agent

Lesley Sweeney

Encore Sotheby's International License #RB19000410

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 161
  • Fenced
  • Landscaped
  • Wooded Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Basement

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Outdoor Features

  • Porch

Schools

  • Munster High School

Utilities

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

Community Details

  • No Home Owners Association
  • Broadmoor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450613376016000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1941

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped, Level, Paved, Wooded
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA337
  • Subdivision Name: Broadmoor
  • Above Grade Finished Sq Ft: 3722
  • Reso Accessibility Features: Enhanced Accessible
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Country Kitchen
  • Basement: Crawl Space, Interior Entry, Sump Pump
  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 252
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.2772
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 75 x 161
  • Lot Size Sq Ft: 12075
  • Parcel #: 450613376016000027
  • Zoning Description: Residential

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4642

MLS Schools

  • HighSchool: Munster High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 7, 2023
Sold by
Montalbano Lori and Eickleberry Barbara
Bought by
Ivy Justin Kyle and Ivy Jessica Taylor
Seller's Agent
Debra Ellison
RE/MAX Realty Associates
Buyer's Agent
Lesley Sweeney
Encore Sotheby's International
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%
Current Estimated Value
$502,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,275
Avg. Annual Appreciation
2.93%
Original Mortgage
$160,000
Outstanding Balance
$139,121
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$363,154

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 3, 2023
Sold by
Montalbano Lori
Bought by
Ivy Justin Kyle and Ivy Jessica Taylor
Seller's Agent
Debra Ellison
RE/MAX Realty Associates
Buyer's Agent
Lesley Sweeney
Encore Sotheby's International
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$139,121
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$363,154

Purchase Details

Closed on
Jun 12, 2017
Sold by
Fine Boni L
Bought by
Montalbano Lori and Eickleberry Barabra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ivy Justin Kyle -- Chicago Title
Ivy Justin Kyle $460,000 Chicago Title
Montalbano Lori -- None Available
Fine Boni L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivy Justin Kyle $160,000
Closed Ivy Justin Kyle $160,000
Previous Owner Montalbano Lori $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $460,000 -7.1% $116 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
06/24/2022 06/24/22 For Sale $495,000 +22400.0% $125 / Sq Ft
06/30/2016 06/30/16 Sold $2,200 0.0% $0 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $2,200 -- $0 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $5,764 $470,300 $47,500 $422,800
2024 $13,268 $431,500 $47,500 $384,000
2023 $4,950 $434,000 $48,400 $385,600
2022 $4,950 $367,900 $48,400 $319,500
2021 $4,800 $355,700 $44,300 $311,400
2020 $4,642 $343,300 $44,300 $299,000
2019 $4,508 $340,700 $44,300 $296,400
2018 $5,293 $340,700 $44,300 $296,400
2017 $5,244 $338,700 $44,300 $294,400
2016 $5,023 $338,900 $44,300 $294,600
2014 $4,413 $295,000 $44,200 $250,800
2013 $4,157 $284,400 $44,300 $240,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 515010

Northwest Indiana Association of REALTORS®

APN: 45-06-13-376-016.000-027

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