NOT LISTED FOR SALE

8048 Madison Ave Munster, IN 46321

Estimated Value: $354,000 - $380,000

3 Beds
2 Baths
2,466 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 13, 2019

Last sale price $224,000 $91 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,224/month

38 Days on Market

Highlights

  • Recreation Room
  • Cathedral Ceiling
  • Corner Lot
  • Munster High School Rated A+
  • 1 Fireplace
  • Country Kitchen

About This Home

As of August 2019

First time on the market! All Limestone built quad level home. Vaulted ceilings in the living room & kitchen area. There is hardwood flooring in the living room, stairs, hallway, & 3 bedrooms. The living room has a floor to ceiling limestone fireplace & a whole corner of windows to let the sunlight in. Remodeled upstairs & lower level bathroom. Kitchen has it's own dinette area, ample birch cabinets, and access to the 2.5 car heated garage. The garage has storage space, a work bench, and access to the side yard through a door. Lots of storage throughout the home in addition to the open basement area that includes the washer & dryer. The lower level rec room is remodeled with wood laminate flooring, ceramic tile, new closet doors, and a totally remodeled bathroom and tub enclosure. There is also a walkout exit from this rec room out to the backyard. So this space could be used for additional bedrooms if needed. Close to expressways, shopping, and restaurants. It's a very unique home.

Last Agent to Sell the Property

Steve Kroczek

McColly Real Estate License #RB14030533 Listed on: 06/24/2019

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1958

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quad-Level Property
  • Stone Exterior Construction

Interior Spaces

  • 2,466 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Schools

  • Munster High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available
  • TV Antenna

Community Details

  • Ridgeland Park 1St Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450613480030000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup, Intercom, Security System, Sump Pump, TV Antenna
  • Co List Office Mls Id: GNR254
  • Subdivision Name: Ridgeland Park 1st Add
  • Architectural Style: Quad Level
  • GNR_Exterior: Stone
  • GNR_UnfinishedSquareFootage: 738
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Country Kitchen
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Acres: 0.225

Garage/Parking

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

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 70 x 140
  • Lot Size Sq Ft: 9800
  • Parcel #: 450613480030000027

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3049

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Munster High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 13, 2019
Sold by
Mintz Eva G
Bought by
Chase Alan
Seller's Agent
Steve Kroczek
McColly Real Estate
List Price
$224,000
Sold Price
$224,000
Current Estimated Value
$367,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,848
Avg. Annual Appreciation
8.02%
Original Mortgage
$217,250
Outstanding Balance
$189,027
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$178,821
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chase Alan -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Alan $217,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $224,000 0.0% $91 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $224,000 -- $91 / 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
2025 $3,600 $352,100 $71,300 $280,800
2024 $3,600 $330,900 $71,300 $259,600
2023 $3,402 $275,000 $52,300 $222,700
2022 $3,402 $258,600 $52,300 $206,300
2021 $3,276 $248,600 $35,000 $213,600
2020 $3,251 $246,200 $35,000 $211,200
2019 $2,845 $219,400 $35,000 $184,400
2018 $3,183 $210,700 $35,000 $175,700
2017 $3,049 $202,000 $35,000 $167,000
2016 $2,807 $194,200 $35,000 $159,200
2014 $2,612 $180,400 $35,000 $145,400
2013 $2,469 $174,500 $35,000 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR457454

Northwest Indiana Association of REALTORS®

APN: 45-06-13-480-030.000-027