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1931 Cherrywood Ct, Munster, IN, 46321

5beds
4baths
5,032sqft
$849,900
$169price/sqft
$6,067/moest. monthly cost
$242,680/yrincome needed

About This Home

Perfectly positioned on a cul-de-sac, this beautifully maintained brick two-story offers over three levels of thoughtfully designed living space, grand two-story entry filled with natural light. exceptional curb appeal, and the perfect blend of elegance, comfort, and functionality. Hardwood flooring flows throughout the main living areas, leading to a stunning kitchen featuring granite countertops, a center island, abundant cabinetry, stainless steel appliances, and a bright breakfast area overlooking the backyard. The adjoining family room offers a warm and inviting gathering space with a fireplace and elegant tray ceiling, while the formal dining room showcases beautiful wainscoting and tray ceilings. A formal living room provides additional flexibility, and the main floor also features a convenient half bath, along with a bedroom that's perfect for guests, multigenerational living, or a home office. Just off the attached garage, the spacious laundry room includes a stand-up shower--ideal for cleaning up after yard work, sports, or outdoor projects before entering the rest of the home. Upstairs, retreat to the impressive primary suite complete with tray ceilings, a full en-suite bath featuring vaulted ceilings, dual vanities, a tub, water closet, and two walk-in closets. Three additional generously sized bedrooms and another full bathroom provide plenty of room for family and guests. The finished basement expands your living space with a large recreation room, a versatile den featuring built-in cabinetry and a bar area, a bonus room ideal for a home office, gym, or potential sixth bedroom, and a spacious three-quarter bathroom with a sauna. An additional 21' x 20' storage room provides exceptional space rarely found in today's homes. Enjoy the fenced backyard featuring a paver patio, beautifully maintained landscaping. Complete with a 3-car tandem garage his is more than just a home--it's a place where memories are made.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
10/10
Munster High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1996

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Microwave,Dishwasher
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Storage Space,Sump Pump,Interior Entry,Full,Finished

Bedroom2

  • Level: Upper
  • Area: 146.9
  • Dimensions: 13.0 x 11.3

Bedroom3

  • Level: Upper
  • Area: 143.99
  • Dimensions: 12.1 x 11.9

Bedroom4

  • Level: Upper
  • Area: 175.16
  • Dimensions: 11.6 x 15.1

Bedroom5

  • Level: Main
  • Area: 149.85
  • Dimensions: 13.5 x 11.1

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Basement
  • Area: 131.89
  • Dimensions: 12.1 x 10.9

Breakfast Room

  • Level: Main
  • Area: 153.31
  • Dimensions: 11.11 x 13.8

Den

  • Level: Basement
  • Area: 190.32
  • Dimensions: 15.6 x 12.2

Dining Room

  • Level: Main
  • Area: 165.18
  • Dimensions: 12.6 x 13.11

Family Room

  • Level: Main
  • Area: 338.58
  • Dimensions: 19.8 x 17.1

Features

  • Ceiling Fan(s),Walk-In Closet(s),Vaulted Ceiling(s),Tray Ceiling(s),Recessed Lighting,Kitchen Island,His and Hers Closets,High Ceilings,Granite Counters,Eat-in Kitchen,Entrance Foyer,Double Vanity,Crown Molding
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area above ground: 3,532

Foyer

  • Level: Main
  • Area: 206.46
  • Dimensions: 11.1 x 18.6

Great Room

  • Level: Basement
  • Area: 407.21
  • Dimensions: 23.8 x 17.11

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 5,032
  • Total interior livable area: 5,032 sqft

Kitchen

  • Level: Main
  • Area: 156.69
  • Dimensions: 9.11 x 17.2

Laundry

  • Level: Main
  • Area: 87.6
  • Dimensions: 12.0 x 7.3

Living Room

  • Level: Main
  • Area: 182.71
  • Dimensions: 12.1 x 15.1

Primary Bedroom

  • Level: Upper
  • Area: 242.2
  • Dimensions: 14.0 x 17.3

Property

Details

  • Parcel number: 450732380006000027
  • Special condition: None

Features

  • Levels: Two
  • Patio & porch: Other,Patio
  • Exterior features: Private Yard,Rain Gutters
  • Fencing: Back Yard,Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.36 Acres
  • Features: Back Yard,Paved,Landscaped,Front Yard,Cul-De-Sac

Parking

  • Total spaces: 3
  • Parking features: Attached,Paved,On Street,Kitchen Level,Garage Faces Front,Driveway,Concrete,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Tornado
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 $4,297$51,564
Home Insurance *$395$4,740
Property Taxes $914$10,968
Electricity $461$5,535
Total$6,067$72,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$208,011/yr
40% on housing$182,010/yr
45% on housing$161,786/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

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 46321$161
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46321$155
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
2026-07-24Listed for sale$849,900
2022-05-27Sold$660,000
2022-03-17Contingent$668,000
2022-03-14Listed for sale$668,000
2017-06-30Sold$500,000
2007-06-01Sold$477,500

For Sale by Agent

AgentFrank Ruvoli
BrokerageCentury 21 Circle

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