10317 Margo Ln

12,196 / 0.28
Lot Size / Acres

Description

Welcome to an exceptional opportunity to build your custom dream home in the heart of one of Munster's most coveted neighborhoods--West Lakes. This expansive .28-acre homesite offers a rare combination of serenity, convenience, and timeless elegance. Perfectly positioned on a tranquil residential street and surrounded by stately, high-end residences, this flat lot provides the ideal canvas to bring your architectural vision to life. Whether you're dreaming of a modern retreat or a classic estate,...Welcome to an exceptional opportunity to build your custom dream home in the heart of one of Munster's most coveted neighborhoods--West Lakes. This expansive .28-acre homesite offers a rare combination of serenity, convenience, and timeless elegance. Perfectly positioned on a tranquil residential street and surrounded by stately, high-end residences, this flat lot provides the ideal canvas to bring your architectural vision to life. Whether you're dreaming of a modern retreat or a classic estate, the possibilities here are endless. Enjoy a cozy suburban atmosphere with all the perks of a well-connected location. Stroll to neighborhood parks or explore the award-winning Centennial Park, where scenic walking paths, lush golf courses, seasonal festivals, and fine dining await. For commuters and city lovers, the upcoming West Lake Corridor train station, just a short walk away, will offer swift access to downtown Chicago--blending peaceful living with urban accessibility. With top-rated Munster schools, no HOA fees, and proximity to restaurants, shopping, and recreation, this lot offers an unparalleled lifestyle and long-term value. Bring your own builder and create something truly special in this sought-after enclave. Rarely does a homesite of this caliber become available--don't miss your chance to design the life you've always imagined.
  1. Listed by Brooke Metz • Realty Executives Premier
    P: (708)-738-1683 C: (708)-738-1683 brokermetznwi@gmail.com

Property Details for 10317 Margo Lane

Zoning
Residential
Subdivision
West Lakes
LISTING UPDATED: 12/23/2025 09:35 AM

Property Details for 10317 Margo Lane

StatusActive
MLS #826294
Days on Market151
Taxes$3,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.28 AC
CountyLake County

Location

Listing Courtesy of Realty Executives Premier
Add your commute

Building Information for 10317 Margo Lane

Lot Size0.28 AC

Payment Calculator

$1,228 per month

30 year fixed, 6.15% Interest

Principal and Interest

$950

Property Taxes

$277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10317 Margo Lane

Summary
Location and General Information
  • Directions: 45th to Margo Ln., take south all the way down to the lot on the east side of the street just before Knightbridge Pl.
  • City/Town: Munster
  • State: IN
  • Township: North
  • ZIP: 46321
  • Latitude: 41.53
  • Longitude: -87.52
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $3,328.35
  • APN/Key #: 450636377002000027
  • Tax Year: 2024
  • Tax Legal Description: West Lakes Addition Phase Three Block Two Lot 431
School Information
  • Junior High School: Wilbur Wright Middle School
  • Grade School: Eads Elementary School
  • High School: Munster High School
  • School District: Munster
Property
Lot Information
  • Lot Square Footage: 12,196.80
  • Acres: .28
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Lot Description: Near Public Transit, Rectangular Lot
  • Potential Use: Residential
  • Current Use: Residential, Unimproved, Single Family
Utilities
  • Utilities: Cable Available, Water Available, Underground Utilities, Natural Gas Available
  • Electric: Other

Property History for 10317 Margo Lane

DateEvent & SourcePriceAppreciation
Oct 16, 2025

Price Change

Northwest Indiana REALTORS® Association #826294

$195,000
Aug 19, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #826294

$225,000
Dec 3, 2019

Sold

Northwest Indiana REALTORS® Association #462743

$118,000
Dec 3, 2019

Pending

Northwest Indiana REALTORS® Association #462743

Dec 3, 2019

Sold

Northwest Indiana REALTORS® Association #462743

$118,000
Dec 3, 2019

In Contract

Northwest Indiana REALTORS® Association #462743

Oct 23, 2019

Pending

Northwest Indiana REALTORS® Association #462743

Oct 23, 2019

In Contract

Northwest Indiana REALTORS® Association #462743

Sep 11, 2019

Listed (Active)

Northwest Indiana REALTORS® Association #462743

$125,000
Sep 11, 2019

Listed (Active)

Northwest Indiana REALTORS® Association #462743

$125,000
DateEvent & SourcePrice
10/16/2025

Price Change

Northwest Indiana REALTORS® Association #826294

$195,000
08/19/2025

Listed (Active)

Northwest Indiana REALTORS® Association #826294

$225,000
12/03/2019

Sold

Northwest Indiana REALTORS® Association #462743

$118,000
12/03/2019

Pending

Northwest Indiana REALTORS® Association #462743

12/03/2019

Sold

Northwest Indiana REALTORS® Association #462743

$118,000
12/03/2019

In Contract

Northwest Indiana REALTORS® Association #462743

10/23/2019

Pending

Northwest Indiana REALTORS® Association #462743

10/23/2019

In Contract

Northwest Indiana REALTORS® Association #462743

09/11/2019

Listed (Active)

Northwest Indiana REALTORS® Association #462743

$125,000
09/11/2019

Listed (Active)

Northwest Indiana REALTORS® Association #462743

$125,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10317 Margo Lane

Taxable ValueLand$127,700Additions-Total$127,700
Tax Record2024$2,573 ($214 / month)
Home Facts
Beds0Lot Size12,150 SqFtStyleResidentialZoningR3CountyLAKEAPN45-06-36-377-002.000-027

Schools near 10317 Margo Lane

This home is within School Town Of Munster.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Frank High Hammond Elementary School
PublicPK to 5

Wilbur Wright Middle School
Public6 to 8

Munster High School
Public9 to 12

Ernest R Elliott Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

10317 Margo Lane is a 0.28 ac of land for sale in Munster, IN 46321. This property was listed for sale on August 19, 2025 by Realty Executives Premier, it's currently listed at $195,000. It has been on the market for a total of 151 days and was last sold on December 3, 2019. This listing's school district is School Town Of Munster. Nearby schools include Frank High Hammond Elementary School, Wilbur Wright Middle School and Munster High School. 10317 Margo Lane is a 0-bed, 0-bath, 0.28 ac of land on a 12,196 sq. ft. / 0.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Premier

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 03:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.