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7412 Forest Ridge Dr, Schererville, IN, 46375

6beds
5baths
5,870sqft
$886,500
$151price/sqft
$6,030/moest. monthly cost
$241,200/yrincome needed

About This Home

Conveniently located near shopping and ONLY 50 minutes from Chicago! Nestled amidst the prestigious landscape, this magnificent 6-bedroom, 5-bath, 5870 sq ft. home shows its presence with a graceful horseshoe driveway to its meticulously designed interior. Every aspect of this home exudes elegance and sophistication. The grandeur of the home is immediately evident, with its double etched glass front door and sidelights inviting you into a world of luxury. Stepping inside, you are greeted by a soaring 20-foot ceiling foyer adorned with a majestic brass candelabra chandelier, casting a warm and welcoming glow throughout the space. To the right, an elegant dining room awaits, bathed in natural light pouring in through floor-to-ceiling casement windows. This exquisite setting is perfect for hosting intimate dinner parties or formal gatherings. To the left, a spacious formal great room beckons, providing a versatile space for relaxation and entertainment. Continuing through the home, you'll discover the heart of the residence - a gourmet kitchen designed to delight even the most discerning chef. Featuring cherry wood floors, custom maple cabinets, and two kitchen islands, this culinary haven is as functional as it is beautiful. The kitchen's soaring 20-foot ceiling and abundance of natural light create an airy and open atmosphere, while recent upgrades including a new Viking refrigerator freezer, new oven ensure that every culinary need is met with ease. With 6 bedroom, five bathrooms spread throughout the home, including an ensuite on the main level and a luxurious primary suite with a cozy fireplace on the upper level. The finished basement offers additional living space, with two bedrooms, a central vacuum system throughout, and the convenience of dual water heaters, 2-furnaces, and 2-air unit. Gazebo 9x4 in back yard. Lake Central schools and Forest Ridge Academy, nearby.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

9/10
Homan Elementary SchoolGrades PK-42.5 mi
7/10
9/10
Lake Central High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1998

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Gas Range,Washer,Refrigerator,Microwave,Gas Cooktop,Dishwasher,Dryer
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Sink,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Finished

Bedroom2

  • Area: 176
  • Dimensions: 16.0 x 11.0

Bedroom3

  • Area: 78
  • Dimensions: 13.0 x 6.0

Bedroom4

  • Area: 170
  • Dimensions: 10.0 x 17.0

Bedroom5

  • Area: 224
  • Dimensions: 16.0 x 14.0

Bedroom6

  • Area: 224
  • Dimensions: 16.0 x 14.0

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 3
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Area: 208
  • Dimensions: 16.0 x 13.0

Features

  • Ceiling Fan(s),Country Kitchen,Walk-In Closet(s),Tray Ceiling(s),Stone Counters,Recessed Lighting,Kitchen Island,High Ceilings,Eat-in Kitchen,Entrance Foyer,Double Vanity,Crown Molding
  • Window features: Insulated Windows
  • Number of fireplaces: 2
  • Fireplace features: Great Room,Wood Burning,Other
  • Fireplace: Yes
  • Finished area above ground: 3,970

Great Room

  • Area: 384
  • Dimensions: 24.0 x 16.0

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 5,870
  • Total interior livable area: 5,870 sqft

Kitchen

  • Area: 420
  • Dimensions: 20.0 x 21.0

Laundry

  • Area: 210
  • Dimensions: 15.0 x 14.0

Living Room

  • Area: 224
  • Dimensions: 16.0 x 14.0

Media Room

  • Area: 532
  • Dimensions: 19.0 x 28.0

Primary Bedroom

  • Area: 440
  • Dimensions: 22.0 x 20.0

Property

Details

  • Parcel number: 451113402017000036
  • Special condition: None

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Deck,Other
  • Exterior features: Lighting,Rain Gutters,Other
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Neighborhood,Trees/Woods

Lot

  • Lot size: 0.41 Acres
  • Features: Back Yard,Sprinklers In Rear,Sprinklers In Front,Landscaped,Front Yard,Few Trees,Corner Lot

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Garage Faces Side,Driveway
  • 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

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

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
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 $4,482$53,784
Home Insurance *$324$3,888
Property Taxes $686$8,232
Electricity $538$6,457
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

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 46375$155
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46375$165
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
2026-04-02Listed for sale$886,500
2025-11-10Listing removed$849,500
2025-09-09Listed for sale$849,500
2025-09-07Listing removed$839,500
2025-06-13Price change$839,500
2025-05-02Price change$844,500
2025-03-06Listed for sale$849,500
2024-11-21Listing removed$849,500
2024-10-08Price change$849,525
2024-10-02Price change$849,550
2024-09-25Price change$849,575
2024-09-17Price change$849,600
2024-08-01Price change$849,625
2024-07-29Price change$849,650
2024-07-12Price change$849,675
2024-07-11Price change$8,497,675
2024-07-04Price change$849,700
2024-06-28Price change$849,725
2024-06-21Price change$849,750
2024-06-13Price change$849,775
2024-06-07Price change$849,800
2024-06-01Price change$849,825
2024-05-23Price change$849,850
2024-05-17Price change$849,875
2024-04-11Listed for sale$849,900

For Sale by Agent

AgentLisa Skratsky
BrokerageListing Leaders Northwest

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