MUNSTER, IN 46321

Property Overview:

• Type: Single Family
• Bedrooms / Baths: 3 Bed / 2 Bath (room to grow to 5 Bed / 3 Bath)
• Size: 1,630 SqFt above grade + 1,630 SqFt basement (about 3,260 SqFt once finished)
• Basement: Full basement with room for 2 more bedrooms, a 3rd bath and a family room
• Year Built: 1978
• Garage: 2-car garage

Property Highlights:

• Munster, one of the most in-demand towns in Northwest Indiana, with top-rated Munster schools
• Finishing the basement doubles the living space and turns a 3 bed / 2 bath into a 5 bed / 3 bath
• At about 3,260 SqFt finished, it’s in line with nearby 5-bed sales of $445,900 to $512,500
• A house on the same street (1839 Bluebird Ln) sold for $425,000 last month
• Starting at $280K (Buy Now $285K) for a house with a $480K ARV, under 60% of ARV

Repairs Needed:

• Finish basement: 2 bedrooms, full bath, family room
• Estimated Repair Costs: $70,000K to $90,000K

ARV: $480,000 based on Comps:

• 1520 Park Dr, Munster, IN 46321: 5 Bed / 2.5 Bath, 3,388 SqFt (built 1967), sold for $512,500 on 01/16/2026. 1.0 mi away.
• 9612 Walnut Dr, Munster, IN 46321: 5 Bed / 3 Bath, 2,818 SqFt (built 1977), sold for $480,000 on 11/13/2025. 0.7 mi away.
• 1608 Tulip Ln, Munster, IN 46321: 5 Bed / 3 Bath, 2,345 SqFt (built 1964), sold for $445,900 on 04/21/2026. 0.4 mi away.
• 1839 Bluebird Ln, Munster, IN 46321: 4 Bed / 1.5 Bath, 2,563 SqFt (built 1971), sold for $425,000 on 09/09/2026. Same street, 0.1 mi away.

Potential Returns:

• Buy at $280,000 to $285,000, put in $80,000, resell as a 5 bed / 3 bath around $480,000
• Profit: roughly $65,000 after holding and closing costs

Remember, you miss 100% of the shots you don’t take, so don’t hesitate to submit that offer!

Call Mike today at (219) 900-7007!