51 Terrace Drive Munster, IN ^$ 285,000

51 Terrace Drive

^$ 285,000

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Recently Listed

51 Terrace Drive

Munster, IN, 46321

^$ 285,000

Bedrooms3 Baths1.1 Sq 1,824

Monthly Estimate*

^$ 1,800

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Single Family Home for sale in Munster, IN

for $285,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,824 square foot home was built in 1956 on a lot size of 0.2872.

A mid century modern gem located in the Knickerbocker neighborhood that is close to all including the train station! An open concept plan features 2 living areas with built in shelving and stone fireplace and off kitchen dining. Estate sale, priced to sell and sold as is this home could use a just a little updating to bring it to its full glory!

Single Family Active

Price

^$ 285,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 4,373

Style

Single Family Residence

Lot Size

0.2872

Year Built

1956

Town/City

Munster

County/Region

Lake

MLS | Web ID

843751

Features

Interior

Interior Amenities Laminate Counters Open Floorplan

Total Fireplaces 1

Fireplace Features Wood Burning

Fireplace Y/N Y

Above Grade Finished Area 1824

Half Baths 1

3/4 Baths 0

Total Bedrooms 3

Room Type Bonus Room Primary Bedroom Living Room Kitchen Dining Room Bedroom 3 Bedroom 2

Total Baths 2

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Appliances Gas Cooktop Refrigerator Gas Range

Garage Spaces 2

Year Built 1956

View Neighborhood

Township North

Levels One

Property Subtype Single Family Residence

Tax Year 2024

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Knickerbocker Manor Add 01

Garage Y/N Y

Total Rooms 7

Full Baths 1

Status Active

Directions from ridge rd go south on Hohman and then right on terrace

City Munster

Lot Size Square Feet 12510

Listing Terms Cash Conventional

Property Attached Y/N N

Tax Annual Amount 4373.1

Standard Status Active

Tax Assessed Value 309900

Legal Description KNICKERBOCKER MANOR 1ST ADD TO MUNSTER LOT 10 EXCEPT W.20FT & THE W.47FT OF LO T 11 BL.1

Exterior

Lot Features Back Yard Front Yard

Water Source Public

Lot Size Acres 0.2872

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Madison Young

Listing Agent

Brokerworks Group

Broker

madyoungrealtor@gmail.com

Affordability Calculator

$2,164

Per Month

Monthly Principal & Interest: $1,800
Monthly Property Taxes: $364
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Munster, IN

Average List Price ^$527,696

Percent of Sale Price 85%

About Munster, IN

23,130 Population

8% Since 2002

^$72,970 Median Income

45.77 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2026	$285,000		Listed Price

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51 Terrace Drive, Munster, IN, 46321 is a Single Family Home for sale at $285,000 with 1,824 sqft and a lot size of 0.2872. 51 Terrace Drive has 3 bedrooms, 1.1 baths, and was built in 1956. The property's zip code is 46321 which is in Munster, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/21/2026.

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51 Terrace Drive

Single Family Home for sale in Munster, IN

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