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1837 Cherrywood Ln, Munster, IN, 46321

4beds
4baths
3,524sqft
$866,123
$246price/sqft
$6,030/moest. monthly cost
$241,200/yrincome needed

About This Home

Welcome to this exquisite custom executive home, 4-bed, 4-bath in desirable Oak Estates. All sides brick, quality constructed. Move in. Insulated heated full basement, attic room, porch, deck, heated 3 car garage, 2 off-street park. Private, overlooking wonderful greenbelt, tranquil feeling of nature. Near parks, ponds, bike trails. Top Munster schools, minutes to new train to Chicago, Whole Foods, shopping. Partial fenced yard. The tiled 2-story foyer welcomes you to an open-concept design with rich hardwood floors throughout. To right, flexible living /office boasts high ceilings, light-filled floor to ceiling windows. To left, formal dining features glass French doors, floor to ceiling windows. Gourmet kitchen is chef's dream with large island with seating, brick fireplace, large bright breakfast area with access to outdoor deck and screened porch. Expansive 2-story great room impresses with floor-to-ceiling stone fireplace, views. Flexible den or main floor bedroom with walk-in closet, full bath, steam sauna shower, spa tub. coat/mud room off 3 car garage, powder room, laundry room, wide staircase to basement level. upper level wide landing space, primary suite with own bath, walk-in closet, views. Two additional spacious bedrooms feature Jack-and-Jill layout bath and additional room-size walk-in attic, easily converted to room. Heated insulated full basement with endless possibilities, plumbed for full bath, currently extra den, 2200sqft. top floors 3524sqft.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

8/10
10/10
Munster High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1999

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Washer,Refrigerator,Range Hood,Range,Microwave,Gas Water Heater,Dryer,Disposal
  • Laundry features: Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Area: 240
  • Dimensions: 15.0 x 16.0

Bedroom3

  • Area: 165
  • Dimensions: 11.0 x 15.0

Bedroom4

  • Area: 196
  • Dimensions: 14.0 x 14.0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Den

  • Area: 176
  • Dimensions: 11.0 x 16.0

Dining Room

  • Area: 117
  • Dimensions: 9.0 x 13.0

Dining Room

  • Area: 200
  • Dimensions: 16.0 x 12.5

Features

  • Cathedral Ceiling(s),Stone Counters,Walk-In Closet(s),Vaulted Ceiling(s),Tray Ceiling(s),Open Floorplan,Ceiling Fan(s)
  • Finished area above ground: 3,524

Heating

  • Heating features: Zoned,Natural Gas

Interior Area

  • Total structure area: 3,524
  • Total interior livable area: 3,524 sqft

Kitchen

  • Area: 325
  • Dimensions: 13.0 x 25.0

Laundry

  • Area: 81
  • Dimensions: 9.0 x 9.0

Living Room

  • Area: 256
  • Dimensions: 16.0 x 16.0

Other

  • Area: 32.5
  • Dimensions: 5.0 x 6.5

Other

  • Area: 108
  • Dimensions: 9.0 x 12.0

Primary Bedroom

  • Area: 225
  • Dimensions: 15.0 x 15.0

Property

Details

  • Parcel number: 450732376007000027

Features

  • Levels: Two
  • Patio & porch: Deck,Screened
  • Exterior features: Lighting,Rain Gutters,Storage
  • Fencing: Fenced
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 0.28 Acres
  • Features: Other
  • Lot size dimensions: 55 x 221

Parking

  • Total spaces: 3
  • Parking features: Off Street
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $4,379$52,548
Home Insurance *$402$4,824
Property Taxes $926$11,112
Electricity $323$3,876
Total$6,030$72,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,742/yr
40% on housing$180,900/yr
45% on housing$160,800/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 46321$158
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
2025-01-22Listed for sale$866,123
2025-01-22Listing removed--
2025-01-15Listed for sale$866,123
2021-02-08Sold$600,000
2021-01-11Contingent$634,900
2021-01-11Pending sale$634,900
2020-12-23Listed for sale$634,900
2017-09-06Sold$510,000
2017-04-28Listed for sale$542,500

For Sale by Agent

AgentSteven Koleno
BrokerageBeycome Brokerage Realty LLC

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