NOT LISTED FOR SALE

8229 Madison Ave Munster, IN 46321

Estimated Value: $299,000 - $387,000

4 Beds
2 Baths
1,883 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $160,000 $85 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,070/month

15 Days on Market

Highlights

  • Recreation Room
  • Double Oven
  • Whole House Fan
  • Munster High School Rated A+
  • 2.5 Car Attached Garage
  • Patio

About This Home

As of July 2017

Wow - here is a fantastic opportunity to build equity as you remodel this Munster quad! With hardwood floors (protected under carpet),large bedrooms,a 2.5 car garage, a huge back yard,and a two year old furnace, this home is worth your updates and repairs. Great location - a quick walk to schools, shopping, and dining, and minutes to 80'94 for commuters. Munster offers highly ranked schools,outstanding healthcare,beautiful parks,and great town services. This fixer upper is being sold AS - seller will not make repairs. Cash, conventional, or rehab financing only.

Last Agent to Sell the Property

Mary Behrens

RE/MAX 10 Schererville License #RB14044165 Listed on: 05/15/2017

RE/MAX 10 Schererville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1967

Lot Details

  • 10,800 Sq Ft Lot
  • Lot Dimensions are 60 x 180

Parking

  • 2.5 Car Attached Garage

Home Design

  • Quad-Level Property
  • Fixer Upper
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,883 Sq Ft Home
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Munster High School

Utilities

  • Whole House Fan
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • First Federal Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450624232005000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Sidewalks
  • ResoOtherEquipment: Sump Pump, Whole House Fan
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: First Federal Add
  • Architectural Style: Quad Level
  • GNR_Exterior: Aluminum Siding,Brick
  • GNR_UnfinishedSquareFootage: 641
  • 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
  • GNR_Auction: No
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Microwave, Washer
  • Interior Amenities: None
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Patio
  • Acres: 0.2479

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Attached

Utilities

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

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 60 x 180
  • Lot Size Sq Ft: 10800
  • Parcel #: 450624232005000027

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2357

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Munster High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 7, 2017
Sold by
Sebenste Chris W and Th Leo W Sebenste Living Trust
Bought by
Moosa Alaa A
Seller's Agent
Mary Behrens
RE/MAX 10 Schererville
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$346,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,888
Avg. Annual Appreciation
9.48%
Original Mortgage
$155,200
Outstanding Balance
$127,869
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$219,019

Purchase Details

Closed on
Feb 22, 2010
Sold by
Sebenste Leo W
Bought by
Leo W Sebenste Living Trust

Purchase Details

Closed on
Jul 21, 2005
Sold by
Sebenste Leo W and Sebenste Alberta
Bought by
Sebenste Leo W and Sebenste Alberta A
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moosa Alaa A -- Chicago Title Insurance Co
Sebenste Chris W -- Chicago Title Insurance Co
Leo W Sebenste Living Trust -- None Available
Sebenste Leo W -- None Available
Sebenste Leo W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moosa Alaa A $155,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $160,000 0.0% $85 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $160,000 -- $85 / 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 $3,229 $327,400 $75,600 $251,800
2024 $3,229 $307,100 $75,600 $231,500
2023 $3,184 $248,500 $49,900 $198,600
2022 $3,059 $233,900 $49,900 $184,000
2021 $2,914 $222,700 $33,400 $189,300
2020 $2,929 $223,200 $33,400 $189,800
2019 $2,416 $187,800 $33,400 $154,400
2018 $2,648 $180,600 $33,400 $147,200
2017 $2,555 $173,400 $33,400 $140,000
2016 $2,357 $166,800 $33,400 $133,400
2014 $2,303 $166,600 $33,400 $133,200
2013 $2,143 $161,200 $33,400 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Mary Behrens

    Seller's Agent in 2017

    Mary Behrens

    RE/MAX

    (219) 677-5039

    26 in this area

    54 Total Sales

    Mary Behrens
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR414241

Northwest Indiana Association of REALTORS®

APN: 45-06-24-232-005.000-027

Indiana Lake County Munster 46321

8229 Madison Ave, Munster, IN

Not Listed for Sale

Detached

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.

Nearby Homes