Bedrooms / Bathrooms: 5 Bed / 2 Bath (3 bed, 1 bath upstairs; 2 bed, 1 full bath on the lower level)
Size: 2,520 sqft (1,260 upper / 1,260 lower)
Lot size: 8,100 sqft (0.19 acre)
Year Built: 1969
Garage: 3-car detached
Property Highlights:
Located in Munster, one of the most in-demand suburbs in Northwest Indiana
School Town of Munster district, a major draw for retail buyers
Quick access to I-80/94, about 35 minutes to downtown Chicago
5 bedrooms in a neighborhood dominated by 3–4 bed homes
Light rehab: mostly cleaning and cosmetic work
Repairs Needed:
Light rehab: deep clean, paint, flooring and cosmetic updates
Estimated Repair Costs: $40K
ARV - $425,000 based on Comps:
1839 Bluebird Ln, Munster, IN 46321 — Updated, 4 Bed / 2 Bath, 2,563 SqFt (built 1971), sold for $425,000 on 09/09/2026.
1109 Azalea Dr, Munster, IN 46321 — 3 Bed / 2.5 Bath, 2,132 SqFt, sold for $425,000 on
9425 Oriole Dr, Munster, IN 46321 — Same street, 3 Bed / 2.5 Bath, 1,925 SqFt, sold for $399,000
9443 Oriole Dr, Munster, IN 46321 — Same street, 3 Bed / 2 Bath, 2,008 SqFt, sold for $390,000 on
9515 Crestwood Ave, Munster, IN 46321 — 3 Bed / 2 Bath, 2,341 SqFt, sold for $390,000 on 07/16/2026.
Potential Returns:
Buy at $290K + $40K rehab = about $330K all-in against a $425K ARV, roughly $95K gross spread. That’s an opportunity to make $60K+ in profit after selling and holding costs with a quick cosmetic turnaround. It also works as a solid long-term rental in a top school district.
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!
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Figures from the seller unless a line says otherwise. Verify before you close.