MUNSTER, IN 46321

Property Overview:

• Type: Single-Family, 2-Story
• Bedrooms / Bathrooms: 4 Bed / 2.5 Bath
• Size: approx. 2,700 sqft (including partially finished basement)
• Lot size: 10,800 sqft (0.25 acre)
• Year Built: 1975
• Garage: Attached 3-car
• Basement: Yes, partially finished

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
• Oversized quarter-acre lot with an attached 3-car garage
• Masonry fireplace
• Quick access to I-80/94, about 35 minutes to downtown Chicago
• Same street as 9500 Lilac Ln, currently pending at $374,900

Repairs Needed:

• Moderate rehab: cosmetic updates throughout
• Estimated Repair Costs: $60K

ARV - $425,000 based on Comps:

• 1109 Azalea Dr, Munster, IN 46321 — 3 Bed / 2.5 Bath, 2,132 SqFt, sold for $425,000 on 08/26/2026.
• 9425 Oriole Dr, Munster, IN 46321 — 3 Bed / 2.5 Bath, 1,925 SqFt, sold for $399,000 on 10/09/2026.
• 9443 Oriole Dr, Munster, IN 46321 — 3 Bed / 2 Bath, 2,008 SqFt, sold for $390,000 on 08/10/2026.
• 1040 Fran Lin Pkwy, Munster, IN 46321 — 3 Bed / 2 Bath, 2,064 SqFt, sold for $385,000 on 05/11/2026.
• 1040 Azalea Dr, Munster, IN 46321 — 3 Bed / 2 Bath, 2,472 SqFt, sold for $375,000 on 04/03/2026.

Potential Returns:

• Buy in the $280Ks + $60K rehab = about $345K all-in against a $425K ARV, roughly a $75K–$85K spread. That’s an opportunity to make $45K+ in profit after selling and holding costs. With 4 beds and more space than any comp, it also works as a strong 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!