Active

$285,000

51 Terrace Dr, Munster, IN 46321

3beds

1,824sqft

$1,947/mo

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Single Family Residence

Built in 1956

0.29 Acres Lot

$322,800 Zestimate^®

$156/sqft

$-- HOA

What's special

Mid century modern gemOpen concept planBuilt in shelvingStone fireplace

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!

3 days

1,281

96

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Bonus Room, Primary Bedroom, Living Room, Kitchen, Dining Room, Bedroom 3, Bedroom 2

Primary bedroom

Description: TBD
Level: Main
Area: 120
Dimensions: 10.0 x 12.0

Bedroom 2

Description: TBD
Level: Main
Area: 120
Dimensions: 10.0 x 12.0

Bedroom 3

Description: TBD
Level: Main
Area: 120
Dimensions: 10.0 x 12.0

Bonus room

Description: TBD
Level: Main
Area: 168
Dimensions: 12.0 x 14.0

Dining room

Description: TBD
Level: Main
Area: 96
Dimensions: 8.0 x 12.0

Kitchen

Description: TBD
Level: Main
Area: 48
Dimensions: 6.0 x 8.0

Living room

Description: TBD
Level: Main
Area: 168
Dimensions: 12.0 x 14.0

Heating

Forced Air, Natural Gas

Appliances

Included: Gas Cooktop, Refrigerator

Features

Laminate Counters, Open Floorplan
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,824
Total interior livable area: 1,824 sqft
Finished area above ground: 1,824

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Has view: Yes
View description: Neighborhood

Lot

Size: 0.29 Acres
Features: Back Yard, Front Yard

Details

Parcel number: 450624177002000027
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Knickerbocker Manor Add 01

HOA

Has HOA: No

Location

Region: Munster

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $309,900
Annual tax amount: $4,373
Date on market: 8/20/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$322,800

$297,000 - $349,000

$2,616/mo

Price history

Date	Event	Price
8/20/2026	Listed for sale	$285,000$156/sqft
Source: NIRA as distributed by MLS GRID #843751 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,713 +12.7%	$305,900 +6.5%
2024	$3,295 +2.4%	$287,300 +12.3%
2023	$3,217 +9.4%	$255,800 +4.3%
2022	$2,942 -0.9%	$245,300 +9.2%
2021	$2,968 +9%	$224,700 -0.6%
2020	$2,724 -41%	$226,000 +5.7%
2019	$4,617 +54%	$213,800 +4.1%
2018	$2,997 +13.2%	$205,300 +2.3%
2017	$2,648	$200,600 +0.3%
2016	$2,648 -0.7%	$200,000 +7.8%
2014	$2,667 -0.3%	$185,600 -2%
2013	$2,674 +0.3%	$189,300 -0.7%
2012	$2,666 -4.5%	$190,600 -1.9%
2011	$2,791 +14.6%	$194,300 +8.2%
2010	$2,436	$179,500 -10.8%
2009	--	$201,300 +19.2%
2007	--	$168,900 +16.5%
2006	--	$145,000
2005	--	$145,000
2004	--	$145,000 +183.2%
2003	--	$51,200
2002	--	$51,200 +199.9%
2001	--	$17,070