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10135 Cherrywood Ln, Munster, IN, 46321

7beds
7baths
7,698sqft
$1,599,999
$208price/sqft
$11,283/moest. monthly cost
$451,320/yrincome needed

About This Home

Experience the pinnacle of luxury in this stately all-brick masterpiece, perfectly situated on a premier half-acre pond lot. Designed for grand-scale entertaining and seamless related living, this 7-bedroom, 6.5-bath estate offers an unparalleled floor plan across three finished levels. Premium Updates & Exterior Excellence: Enjoy peace of mind with significant recent investments: a NEW ROOF (2022), a newer high-efficiency furnace, and a freshly coated circular driveway leading to the oversized heated 3-car garage. The outdoor retreat features multi-level cedar decks overlooking a professionally landscaped yard with irrigation & your own private fish pond with a tranquil waterfall. Main Level Grandeur: The dramatic foyer features a winding staircase and soaring ceilings. The main level offers a sun-drenched office, an elegant central dining room, and a gourmet kitchen equipped with Viking appliances, a newer Sub-Zero fridge, and granite countertops. The Great Room wows with 19-foot ceilings and 14-foot windows, while the Sunroom provides a year-round sanctuary with terracotta floors & a beverage center. Lavish Primary Suite & Upper Level: The primary suite is a true sanctuary, featuring a dual-sided fireplace, private balcony, and a spa-like bath with a steam shower and three walk-in closets. Four additional upper-level bedrooms boast vaulted ceilings, hardwood floors, and ensuite access. Fully Appointed Related Living Suite: The finished basement is a second home in itself, featuring a full kitchen with granite and stainless appliances, a massive recreation room with a fireplace, a private wine room, and two additional bedrooms (one windowless--perfect for night-shift workers). From the high-end Speed Queen laundry to the custom finishes throughout, this home offers sophisticated living with every modern convenience. Experience this level of luxury for yourself. Schedule your private, guided tour today!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

9/10
10/10
Munster High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1997

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Stainless Steel Appliance(s),Range Hood,Refrigerator,Other,Microwave,Gas Cooktop,Dishwasher,Disposal

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Upper
  • Area: 143
  • Dimensions: 13.0 x 11.0

Bedroom3

  • Level: Upper
  • Area: 204
  • Dimensions: 17.0 x 12.0

Bedroom4

  • Level: Upper
  • Area: 216
  • Dimensions: 18.0 x 12.0

Bedroom5

  • Level: Main
  • Area: 168
  • Dimensions: 12.0 x 14.0

Bedroom6

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

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 4
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 288
  • Dimensions: 18.0 x 16.0

Family Room

  • Level: Basement
  • Area: 1292
  • Dimensions: 38.0 x 34.0

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Vaulted Ceiling(s),Tray Ceiling(s),Soaking Tub,Recessed Lighting,Pantry,Kitchen Island,In-Law Floorplan,His and Hers Closets,High Ceilings,Granite Counters,Eat-in Kitchen,Entrance Foyer,Double Vanity,Crown Molding,Ceiling Fan(s)
  • Window features: Bay Window(s)
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Other,Great Room,Gas
  • Fireplace: Yes
  • Finished area above ground: 5,308

Foyer

  • Level: Main
  • Area: 167.4
  • Dimensions: 9.3 x 18.0

Great Room

  • Level: Main
  • Area: 360
  • Dimensions: 20.0 x 18.0

Heating

  • Heating features: Zoned,Natural Gas,Forced Air

Interior Area

  • Total structure area: 7,698
  • Total interior livable area: 7,698 sqft

Kitchen

  • Level: Basement
  • Area: 304
  • Dimensions: 16.0 x 19.0

Kitchen

  • Level: Main
  • Area: 396
  • Dimensions: 18.0 x 22.0

Laundry

  • Level: Basement
  • Area: 56.8
  • Dimensions: 8.0 x 7.1

Laundry

  • Level: Upper
  • Area: 76.5
  • Dimensions: 9.0 x 8.5

Living Room

  • Level: Main
  • Area: 195
  • Dimensions: 13.0 x 15.0

Office

  • Level: Main
  • Area: 155.1
  • Dimensions: 11.0 x 14.1

Other

  • Level: Basement
  • Area: 130
  • Dimensions: 10.0 x 13.0

Other

  • Level: Basement
  • Area: 30.8
  • Dimensions: 5.6 x 5.5

Other

  • Level: Upper
  • Area: 44
  • Dimensions: 8.0 x 5.5

Primary Bedroom

  • Level: Upper
  • Area: 456
  • Dimensions: 19.0 x 24.0

Sunroom

  • Level: Main
  • Area: 240
  • Dimensions: 15.0 x 16.0

Property

Details

  • Parcel number: 450732306004000027
  • Special condition: None

Features

  • Levels: Two
  • Patio & porch: Deck
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: Neighborhood,Pond
  • Has water view: Yes
  • Water view: Pond

Lot

  • Lot size: 0.51 Acres
  • Features: Back Yard,Sprinklers In Rear,Sprinklers In Front,Private,Landscaped,Cul-De-Sac

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Oversized,Heated Garage,Garage Faces Side,Driveway,Off Street
  • 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 $8,090$97,080
Home Insurance *$744$8,928
Property Taxes $1,744$20,928
Electricity $705$8,468
Total$11,283$135,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$386,845/yr
40% on housing$338,490/yr
45% on housing$300,880/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

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 46321$159
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
2026-08-06Price change$1,549,999
2026-06-15Price change$1,599,999
2026-05-13Listed for sale$1,675,000
2026-05-05Listing removed$1,650,000
2026-02-10Listed for sale$1,650,000
2026-02-10Listing removed$1,650,000
2025-09-19Price change$1,650,000
2025-08-09Listed for sale$1,775,000

For Sale by Agent

AgentKris Hoge
BrokerageRE/MAX Realty Associates

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