NOT LISTED FOR SALE

8701 Madison Ave Munster, IN 46321

Estimated Value: $320,000 - $379,000

3 Beds
2.5 Baths
1,588 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $173,000 $109 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,655/month

302 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 2 Car Attached Garage
  • Munster High School Rated A+
  • Porch
  • 3-minute walk to Community Park

About This Home

As of August 2014

Munster's best location! Priced below market value. Custom built, Large 3 bedroom ranch with dining room, Florida room and 2 bay windows in front living room. 2.5 baths all appliances stay,central air and a attached 2 car garage, full basement, great location!Seller providing 13 month Warranty to new buyer ! Roof is 8 years old and price has been cut for quick sale !

Last Agent to Sell the Property

Joe Casko

McColly Real Estate License #RB14023227 Listed on: 09/30/2013

McColly Real Estate

Last Buyer's Agent

Jeana Consier

Realty Executives Premier License #RB14051570

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1997

Lot Details

  • 9,757 Sq Ft Lot
  • Lot Dimensions are 65 x 150
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ridgeland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450624477001000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,087

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Level, Paved
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA256
  • Subdivision Name: Ridgeland Park
  • Above Grade Finished Sq Ft: 1588
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Basement: Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.224
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Junior High Dist: Munster

Lot Info

  • Lot Dimensions: 65 x 150
  • Lot Size Sq Ft: 9757
  • Parcel #: 450624477001000027
  • Zoning Description: Residential

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Aug 26, 2014
Sold by
Miller Georgia Lee and Miller George
Bought by
Khokhar Rahet K
Seller's Agent
Joe Casko
McColly Real Estate
Buyer's Agent
Jeana Consier
Realty Executives Premier
List Price
$173,000
Sold Price
$173,000
Current Estimated Value
$351,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,933
Avg. Annual Appreciation
6.39%
Original Mortgage
$169,866
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2008
Sold by
Baciu George and Baciu Charlotte C
Bought by
Baciu George and Baciu Charlotte C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khokhar Rahet K -- Meridian Title Corp
Baciu George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khokhar Rahet K $162,000
Closed Khokhar Rahet K $166,846
Closed Khokhar Rahet K $169,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $173,000 0.0% $109 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $173,000 -- $109 / 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 $9,364 $334,100 $55,800 $278,300
2023 $3,771 $306,300 $55,900 $250,400
2022 $3,771 $283,800 $55,900 $227,900
2021 $3,452 $259,900 $31,200 $228,700
2020 $3,332 $250,600 $31,200 $219,400
2019 $3,153 $240,900 $31,200 $209,700
2018 $3,516 $231,200 $31,200 $200,000
2017 $3,427 $225,200 $31,200 $194,000
2016 $3,045 $209,600 $31,200 $178,400
2014 $3,035 $218,400 $31,200 $187,200
2013 $3,005 $220,700 $31,200 $189,500
Source: Public Records

Agents Affiliated with this Home

  • Joe Casko

    Seller's Agent in 2014

    Joe Casko

    McColly Real Estate

    (219) 771-6760

    2 in this area

    106 Total Sales

    Joe Casko
    Section Image
  • Jeana Consier

    Buyer's Agent in 2014

    Jeana Consier

    Realty Executives

    (219) 308-9453

    3 in this area

    92 Total Sales

    Jeana Consier
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 337645

Northwest Indiana Association of REALTORS®

APN: 45-06-24-477-001.000-027

Indiana Lake County Munster 46321

8701 Madison Ave, Munster, IN

This home is located at 8701 Madison Ave, Munster, IN 46321 since 30 September 2013 and is currently estimated at $351,933, approximately $221 per square foot. This property was built in 1997. 8701 Madison Ave is a home located in Lake County with nearby schools including Munster High School, St. Thomas More School, 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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