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1816 Rosewood Ln, Munster, IN, 46321

5beds
4baths
5,450sqft
$875,000
$161price/sqft
$6,260/moest. monthly cost
$250,400/yrincome needed

About This Home

Discover this exceptional 5-bedroom, 4-bath home at 1816 Rosewood Ln, Munster, IN 46321 in the desirable White Oak Estates neighborhood. Built in 1995 and thoughtfully updated, this spacious residence (approx. 4,085+ sq ft above grade) offers elegant living with modern flair. The heart of the home is the stunning chef's kitchen, featuring high-end appliances including a built-in refrigerator, generous counter space, breakfast bar, planning desk area, and abundant recessed lighting--perfect for culinary enthusiasts and entertaining. Step outside to a serene backyard oasis complete with mature fruit trees and lush gardens, providing fresh produce and peaceful outdoor enjoyment on the generous lot. An incredible detached screen room (16x20 ft) adds the perfect three-season retreat for relaxing, dining al fresco, or hosting gatherings while staying protected from the elements. Additional highlights include a dramatic 2-story foyer, open floor plan, finished basement, wood floors, and a 3-car garage. This rare combination of luxury features and private outdoor spaces makes it ideal for comfortable family living in a prime Munster location.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

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

Construction

Condition

  • Year built: 1995

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Microwave,Dishwasher

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Area: 176
  • Dimensions: 16.0 x 11.0

Bedroom3

  • Area: 168
  • Dimensions: 14.0 x 12.0

Bedroom4

  • Area: 195
  • Dimensions: 13.0 x 15.0

Bedroom5

  • Area: 322
  • Dimensions: 23.0 x 14.0

Bedrooms & Bathrooms

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

Bonus Room

  • Area: 396
  • Dimensions: 22.0 x 18.0

Dining Room

  • Area: 204
  • Dimensions: 17.0 x 12.0

Features

  • Cathedral Ceiling(s),Vaulted Ceiling(s)
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 3,850

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 5,450
  • Total interior livable area: 5,450 sqft

Kitchen

  • Area: 264
  • Dimensions: 22.0 x 12.0

Living Room

  • Area: 210
  • Dimensions: 15.0 x 14.0

Primary Bedroom

  • Area: 285
  • Dimensions: 19.0 x 15.0

Property

Details

  • Parcel number: 450732378005000027
  • Special condition: None

Features

  • Levels: Two
  • Patio & porch: Deck,Patio
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.47 Acres
  • Features: Landscaped,Sprinklers In Rear,Sprinklers In Front,Paved

Parking

  • Total spaces: 3.5
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3.5
  • Covered spaces: 3.5

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 $4,424$53,088
Home Insurance *$407$4,884
Property Taxes $930$11,160
Electricity $499$5,995
Total$6,260$75,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,628/yr
40% on housing$187,800/yr
45% on housing$166,933/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

$161This 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
2026-04-16Listed for sale$975,000
2005-06-23Sold$585,000
2002-04-04Sold$492,000

For Sale by Agent

AgentMatthew Maloney
BrokerageKeller Williams Preferred Real

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