Last Sold Price
14,439 Lot Size0.33 Acres
1516 Ridge Rd, Munster, IN 46321

Description

Beautiful lot in center of Munster, Indiana. Close to shopping, train station, commute to Chicago. Award winning schools in NW Indiana.Beautiful lot in center of Munster, Indiana. Close to shopping, train station, commute to Chicago. Award winning schools in NW Indiana.
LISTING CLOSED: 11/18/2021 12:00 AM

  1. Listed by Lois Samuelson • Coldwell Banker Realty

Property Details for 1516 Ridge Road

Status
MLS #
495317
Days on Market
24
Taxes
$878 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
0.33 AC
Zoning
RESI
Subdivision
Walnut Hill Anx Add 02
OriginalListPrice
$125,000.00
NRA_AuctionYN
No
TaxAssessedValue
$.00
NRA_AuctionBuyerPremiumAmount
$.00
NRA_AuctionMinimumOpeningBid
$.00
NRA_EarnestMoneyDeposit
$3,000.00

Recent comparable sales

Median sold price

$245,000

Avg days on market

113

Sale-to-list ratio

95.8%

Munster, IN

9 comparable properties found

$180,000 | 8139 Castle Drive, Munster, IN 46321
1/7
1

$180,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
$180,000 | 8131 Castle Drive, Munster, IN 46321
1/5
2

$180,000

Sold 01/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
a front view of a house
1/4
3

$185,000

Sold 09/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
an aerial view of residential houses with outdoor space
1/11
4

$265,000

Sold 04/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres
a bird view of a garden
1/8
5

$400,000

Sold 03/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.52
Acres
6

$305,000

Sold 10/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
unknown
1/4
7

$275,000

Sold 11/12/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.7
Acres
a bathroom with a shower
1/3
8

$172,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.39
Acres
a view of a yard with trees
1/4
9

$245,000

Sold 03/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres

Location

Add your commute

Building Information for 1516 Ridge Road

Lot Size0.33 AC

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$632 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$73

HOA Dues

$0

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Property Information for 1516 Ridge Road

Summary
Location and General Information
  • Directions: Take Indianapolis Blvd. north to Ridge Road, go west to corner of Walnut and Ridge Road. 2nd lot to east of corner property.
  • Cross Street Address: Walnut
  • City/Town: Munster
  • State: IN
  • Township: North
  • ZIP: 46321
  • Latitude: .00
  • Longitude: .00
  • Area: 129-Munster
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $878.00
  • APN/Key #: 450719432002000027
  • Tax Year: 2020
  • Tax Legal Description: Platted Subdivision: No, Legal Description: WALNUT HILL ANNEX 2ND. ADD. TO MUNSTER LOT 2
School Information
  • High School: Munster High School
Property
Lot Information
  • Lot Square Footage: 14,439.00
  • Lot Dimensions: 93.67' x 154.15'
  • Acres: .33
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Vacant Land/Acreage
  • Age: 0
  • Lot Description: Curbs, Easement, Hilly, Sidewalks
  • Auction: No
  • Road Access: City Street, County Road, Paved Road
  • Permits Needed: All Permits
  • Potential Use: Residential
  • Current Use: None
  • Frontage Type: Other
  • DevelopmentStatus: Site Plan Approved
Utilities
  • Utilities: Natural Gas Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Out Buildings: None
Interior Features
  • Total 3/4 Baths: 0
Rental
Rental Information
  • Land Lease: No
  • LeaseConsideredYN: No
  • NRA_LeaseType: Net

Property History for 1516 Ridge Road

DateEvent & SourcePriceAppreciation
Nov 18, 2021

Sold (Public Record)

Public Record #1504962440

$110,000
Nov 18, 2021

Sold

Northwest Indiana REALTORS® Association #495317

$110,000
Nov 18, 2021

Pending

Northwest Indiana REALTORS® Association #495317

DateEvent & SourcePrice
11/18/2021

Sold (Public Record)

Public Record #1504962440

$110,000
11/18/2021

Sold

Northwest Indiana REALTORS® Association #495317

$110,000
11/18/2021

Pending

Northwest Indiana REALTORS® Association #495317

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

Public Records for 1516 Ridge Road

Taxable ValueLand$92,700Additions-Total$92,700
Tax Record2024$2,793 ($233 / month)
Home Facts
Beds0Lot Size13,340 SqFtStyleResidentialCountyLAKEAPN45-07-19-432-002.000-027

Schools near 1516 Ridge Road

This home is within School Town Of Munster.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ernest R Elliott Elementary School
PublicK to 5

Wilbur Wright Middle School
Public6 to 8

Munster High School
Public9 to 12

Frank High Hammond Elementary School
PublicPK 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1516 Ridge Road, Munster, IN 46321
$110,000
14,439
$650,000
5
3,522
14,640
$370,000
5
2,888
14,924
$320,000
3
1,734
20,430
$360,000
3
2,391
13,068
$150,000
4
1,940
0

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information submitted to the MLS GRID as of 10/05/2023 07:56 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.