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  • $380,000

    1938 Magnolia Ln, Munster, IN 46321

    5beds
    2,818sqft
    Single Family Residence
    Built in 1971
    0.27 Acres Lot
    $384,400 Zestimate®
    $135/sqft
    $3,706 Estimated rent

    Home value

    $384,400

    $357,000 - $415,000

    $3,706/mo

    Zestimate® history
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    What's special

    Patio areaFully opening skylightsFinished sunroomNatural lightWide stairwellsGenerously sized closetsMassive fenced-in backyard
    Welcome home to this well-cared-for bi-level offering over 2,800 finished square feet of comfortable and versatile living space. This spacious residence features 5 large bedrooms, including a primary bedroom with attached bath and his and her closet, and a total of 2.75 bathrooms, ideal for a growing or multi-generational family. The kitchen is both stylish and functional, showcasing granite countertops, custom-built cabinetry throughout, stainless steel appliances, and fully opening skylights with built-in sun shades that fill the space with natural light. Throughout the home, you'll appreciate thoughtful touches such as wide stairwells, beautiful 4-panel oak interior doors (upper level) and generously sized closets offering plenty of storage. Enjoy multiple areas for relaxation and entertaining with two large living rooms and a finished sunroom--perfect for gatherings. The massive fenced-in backyard with patio area provides the ideal setting for summer cookouts or simply unwinding outdoors. A new A/C system installed in 2021 adds peace of mind and comfort year-round. Situated on a quiet cul-de-sac within the sought-after Fairmeadow neighborhood, this home offers a peaceful setting while remaining close to everything. You're just minutes from shopping centers in both Munster and Highland, Community Hospital, and a wide array of local dining options. Multiple public parks are only a short walk away, adding to the community's family-friendly appeal. Families will also appreciate being part of the top-rated Munster School District, ranked #1 in Lake County and #4 in the entire state of Indiana. Homes like this in Fairmeadow are a rare find--schedule your private showing today before this one is gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Barsic,

    McColly Real Estate tjboyle2300@yahoo.com

    Bought with:

    Krystle Rogers, RB24000412

    Compass Indiana, LLC

    Source: NIRA as distributed by MLS GRID,MLS#: 829946MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Primary bedroom
    • Area: 156
    • Dimensions: 12.0 x 13.0
    Bedroom 2
    • Area: 156
    • Dimensions: 12.0 x 13.0
    Bedroom 3
    • Area: 110
    • Dimensions: 11.0 x 10.0
    Bedroom 4
    • Area: 169
    • Dimensions: 13.0 x 13.0
    Bedroom 5
    • Area: 132
    • Dimensions: 11.0 x 12.0
    Dining room
    • Area: 96
    • Dimensions: 8.0 x 12.0
    Family room
    • Area: 552
    • Dimensions: 23.0 x 24.0
    Kitchen
    • Area: 168
    • Dimensions: 12.0 x 14.0
    Living room
    • Area: 256
    • Dimensions: 16.0 x 16.0
    Sunroom
    • Area: 195
    • Dimensions: 13.0 x 15.0
    Utility room
    • Area: 132
    • Dimensions: 12.0 x 11.0
    Heating
    • Forced Air
    Appliances
    • Included: Disposal, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Gas Water Heater, Dishwasher
    • Laundry: Gas Dryer Hookup, Washer Hookup, Laundry Room, Lower Level
    Features
    • Ceiling Fan(s), Recessed Lighting, Pantry, Kitchen Island, His and Hers Closets, Granite Counters, Entrance Foyer
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,818
    • Total interior livable area: 2,818 sqft
    • Finished area above ground: 1,522

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Paved, Garage Faces Front, Driveway, Concrete
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Bi-Level
    • Patio & porch: Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.27 Acres
    • Features: Back Yard, Landscaped, Front Yard, Cul-De-Sac
    Details
    • Parcel number: 450729333009000027
    • Zoning description: residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Water Connected, Underground Utilities, Sewer Connected, Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Munster
    • Subdivision: Fairmeadow

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/6/2026Sold$380,000+1.4%$135/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    2/24/2026Pending sale$374,900$133/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    2/20/2026Listed for sale$374,900$133/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    1/23/2026Pending sale$374,900$133/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    12/8/2025Price change$374,900-3.8%$133/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    11/14/2025Price change$389,900-2.5%$138/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    11/7/2025Price change$399,900-2.4%$142/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem
    10/27/2025Listed for sale$409,900$145/sqft
    Source: NIRA as distributed by MLS GRID #829946 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,516 +8.9%$370,000 +7.2%
    2024$4,147 +3.1%$345,300 +8.3%
    2023$4,024 +10.2%$318,700 +5.1%
    2022$3,651 +2.4%$303,300 +10.1%
    2021$3,565 +7.7%$275,500 +2.6%
    2020$3,309 -22.3%$268,600 +4.6%
    2019$4,261 +4.2%$256,900 +4.3%
    2018$4,089 +30.3%$246,400 +3.6%
    2017$3,139 $237,900 +3.7%
    2016$3,139 -9.1%$229,400 -0.4%
    2014$3,455 +4.2%$230,300 +1.9%
    2013$3,316 -1.5%$226,100 -1.6%
    2012$3,367 -7.6%$229,700 -6.1%
    2011$3,643 +8.1%$244,700 +3%
    2010$3,369 $237,600 -14.3%
    2009-- $277,100 +14.6%
    2007-- $241,900 +20.8%
    2006-- $200,300
    2005-- $200,300
    2004-- $200,300 +191.6%
    2003-- $68,700
    2002-- $68,700 +200%
    2001-- $22,900

    Find assessor info on the county website

    Neighborhood: 46321

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Frank H Hammond Elementary School
    • Middle: Wilbur Wright Middle School
    • High: Munster High School

    Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $384,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $384,400