NOT LISTED FOR SALE

8501 Forest Ave Munster, IN 46321

Estimated Value: $350,000 - $457,000

3 Beds
3 Baths
2,580 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $240,000 $93 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,920/month

6 Days on Market

Highlights

  • Wood Burning Stove
  • Recreation Room with Fireplace
  • Ranch Style House
  • Munster High School Rated A+
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of May 2019

Popular Knickerbocker area offers this 2400+ sf all brick, 3-bed/3-bath ranch. Original hardwood floors, huge rec room w/fireplace, and spacious sun-room w/gas-log stove are just some of the many features. Such a lovely property in a fantastic location - it just needs your personal cosmetic touches to make it all your own!

Last Agent to Sell the Property

Michelle Gilbertsen

McColly Real Estate License #RB14037113 Listed on: 03/13/2019

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1965

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 140
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,580 Sq Ft Home
  • Skylights
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Portable Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Fireplace in Basement

Utilities

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

Community Details

  • Knickerbocker Manor 7Th Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450624302001000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,310

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Nearly Level, Paved Road, Sidewalks, Wooded
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR266
  • Subdivision Name: Knickerbocker Manor 7th Add
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Electric Range, Exhaust Hood, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cedar Closet, Finished Laundry Rm, FP Lower Level, FP Rec Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Skylight(s), Sun Room, Wood Burning Stove
  • Basement: Enclosed
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered, Porch-Enclosed, In Ground Sprinklers, Porch Screened
  • Acres: 0.24

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 75 x 140
  • Lot Size Sq Ft: 10454
  • ResoLotSizeUnits: Acres
  • Parcel #: 450624302001000027
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3310

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Lopez Jorge L and Lopez Katherine M
Bought by
Lopez Leodegario
Current Estimated Value
$388,373

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 16, 2019
Sold by
Lecy Mark and Estate Of Betty J Boyer
Bought by
Lopez Jorge L and Lopez Katherine M
Seller's Agent
Michelle Gilbertsen
McColly Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$235,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 14, 2019
Sold by
Lecy Brett
Bought by
Estate Of Betty J Boyer
Seller's Agent
Michelle Gilbertsen
McColly Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 13, 2019
Sold by
Boyer Stuart W
Bought by
Estate Of Betty J Boyer
Seller's Agent
Michelle Gilbertsen
McColly Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 11, 2019
Sold by
Reali Kristin
Bought by
Estate Of Betty J Boyer
Seller's Agent
Michelle Gilbertsen
McColly Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lopez Leodegario $365,000 Chicago Title Insurance Compan
Lopez Jorge L -- Community Title Company
Estate Of Betty J Boyer -- Community Title Company
Boyer Betty J -- Community Title Company
Estate Of Betty J Boyer -- Community Title Company
Estate Of Betty J Boyer -- Community Title Company
Estate Of Betty J Boyer -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jorge L $235,000
Previous Owner Boyer Elizabeth J $145,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $240,000 0.0% $93 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $240,000 -- $93 / 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 $9,697 $348,000 $50,600 $297,400
2023 $4,018 $317,200 $55,300 $261,900
2022 $4,018 $302,900 $55,300 $247,600
2021 $3,787 $285,200 $39,900 $245,300
2020 $3,662 $275,500 $39,900 $235,600
2019 $3,121 $239,700 $39,900 $199,800
2018 $3,463 $229,700 $39,900 $189,800
2017 $3,355 $222,600 $39,900 $182,700
2016 $3,210 $221,900 $39,900 $182,000
2014 $2,828 $195,700 $39,900 $155,800
2013 $2,835 $199,600 $39,900 $159,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michelle Gilbertsen

    McColly Real Estate

    (219) 921-6032

    24 Total Sales

    Michelle Gilbertsen
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR450830

Northwest Indiana Association of REALTORS®

APN: 45-06-24-302-001.000-027

Indiana Lake County Munster 46321

8501 Forest Ave, Munster, IN

This home is located at 8501 Forest Ave, Munster, IN 46321 since 13 March 2019 and is currently estimated at $388,373, approximately $150 per square foot. This property was built in 1965. 8501 Forest Ave is a home located in Lake County with nearby schools including Munster High School, Hammond Academy Of Science & Tech, and Lansing Christian 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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