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431 Osage Dr, Dyer, IN, 46311

3beds
2baths
1,749sqft
$389,900
$223price/sqft
$2,635/moest. monthly cost
$105,400/yrincome needed

About This Home

Don't miss this beautifully maintained bi-level in the desirable Pheasant Hills subdivision! Offering 3 bedrooms, 2 full bathrooms, and 1,749 finished square feet, this home has been thoughtfully updated and is truly move-in ready. The spacious open-concept kitchen features updated cabinetry, trim, and newer appliances (all within the last four years), flowing seamlessly into the dining room and family room, perfect for everyday living and entertaining. Recent improvements provide peace of mind, including a newly tiled main shower, updated light fixtures, refreshed landscaping, with the backyard completely fenced. One of this home's standout features is the incredible garage space! In addition to the attached 21/2-car garage, you'll love the 24' x 26' detached garage with an 8-foot overhead door which has a new electrical breaker panel, six new light receptacles, eight additional outlets, with insulation added throughout. With electricity already in place, this oversized building is a blank canvas ready for your vision. Whether you're dreaming of the ultimate workshop, space for your vehicles & toys, a home business, creative studio, or future finished space (home office, studio, guest accommodations, in-law suite) the possibilities are endless (Buyers should verify permitted uses to suit their needs). Relax in the sunroom overlooking the backyard, enjoy the beautifully landscaped lot, and appreciate all the care that's gone into this exceptional property. With numerous updates already completed, and the incredible bonus space waiting for your vision, this is an opportunity you won't want to miss! Conveniently located near schools, parks, hospitals, shopping, dining, major highways and the new Dyer/Munster SouthShore Train Station for easy commuting to Chicago! Schedule your showing today!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
Kahler Middle SchoolGrades 5-80.5 mi
9/10
Lake Central High SchoolGrades 9-122.6 mi
9/10

Construction

Condition

  • Year built: 1972

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Refrigerator,Microwave,Gas Water Heater,Dishwasher,Disposal
  • Laundry features: Gas Dryer Hookup,Washer Hookup,Lower Level

Bedroom2

  • Level: Upper
  • Area: 132
  • Dimensions: 12.0 x 11.0

Bedroom3

  • Level: Upper
  • Area: 100
  • Dimensions: 10.0 x 10.0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Bonus Room

  • Level: Lower
  • Area: 299
  • Dimensions: 23.0 x 13.0

Bonus Room

  • Level: Upper
  • Area: 408
  • Dimensions: 24.0 x 17.0

Dining Room

  • Level: Upper
  • Area: 108
  • Dimensions: 12.0 x 9.0

Features

  • His and Hers Closets,Recessed Lighting,Open Floorplan
  • Finished area above ground: 1,064

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,749
  • Total interior livable area: 1,749 sqft

Kitchen

  • Level: Upper
  • Area: 121
  • Dimensions: 11.0 x 11.0

Living Room

  • Level: Upper
  • Area: 182
  • Dimensions: 14.0 x 13.0

Primary Bedroom

  • Level: Upper
  • Area: 140
  • Dimensions: 14.0 x 10.0

Sunroom

  • Level: Main
  • Area: 221
  • Dimensions: 17.0 x 13.0

Property

Details

  • Parcel number: 451013401033000034
  • Special condition: None

Features

  • Levels: Bi-Level
  • Patio & porch: Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.25 Acres
  • Features: Back Yard,Paved,Landscaped,Front Yard

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Paved,Oversized,On Street,Garage Faces Front,Driveway,Concrete,Asphalt,Additional Parking,Garage Door Opener,Detached
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,971$23,652
Home Insurance *$166$1,992
Property Taxes $314$3,768
Electricity $184$2,212
Total$2,635$31,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,342/yr
40% on housing$79,050/yr
45% on housing$70,266/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 46311$185
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46311$158
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$389,900
2022-11-14Sold$325,000
2022-10-17Contingent$329,900
2022-10-10Price change$329,900
2022-10-03Listed for sale$339,900
2021-01-29Sold$252,000
2020-12-24Contingent$259,900
2020-12-24Pending sale$259,900
2020-12-12Listed for sale$259,900

For Sale by Agent

AgentRochelle Hoffman
BrokerageListing Leaders Northwest

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