This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$195,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
Welcome to an exceptional opportunity to build your custom dream home in the heart of one of Munster's most coveted neighborhoods--West Lakes. This expansive .28-acre homesite offers a rare combination of serenity, convenience, and timeless elegance. Perfectly positioned on a tranquil residential street and surrounded by stately, high-end residences, this flat lot provides the ideal canvas to bring your architectural vision to life. Whether you're dreaming of a modern retreat or a classic estate, the possibilities here are endless. Enjoy a cozy suburban atmosphere with all the perks of a well-connected location. Stroll to neighborhood parks or explore the award-winning Centennial Park, where scenic walking paths, lush golf courses, seasonal festivals, and fine dining await. For commuters and city lovers, the upcoming West Lake Corridor train station, just a short walk away, will offer swift access to downtown Chicago--blending peaceful living with urban accessibility. With top-rated Munster schools, no HOA fees, and proximity to restaurants, shopping, and recreation, this lot offers an unparalleled lifestyle and long-term value. Bring your own builder and create something truly special in this sought-after enclave. Rarely does a homesite of this caliber become available--don't miss your chance to design the life you've always imagined.
Full Property Details
Full Property Details for 10317 Margo Ln
General
- Price: $195,000
- Taxes: $3,328 (2024)
- Status: Active
- Type: Lots/Land
- Source: GNIAR
- MLS ID: 826294
- Updated: 12/23/2025
- Added to Site: 150 day(s) ago
Location
- County: Lake
- Township: North
- Subdivision: West Lakes
- Driving Directions: 45th to Margo Ln., take south all the way down to the lot on the east side of the street just before Knightbridge Pl.
School Information
- High School District: Munster
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Features: Near Public Transit, Rectangular Lot
- Zoning: Residential
Financial Considerations
- Tax Amount: $3,328.35
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: West Lakes Addition Phase Three Block Two Lot 431
- Property ID: 450636377002000027
Listed by Realty Executives Premier
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 10317 Margo Ln
School District:Munster School Town
| Name | Grades | Distance |
|---|---|---|
Munster High School 8808 Columbia Avenue, Munster, IN 46321 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10317 Margo Ln
Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$195,000
-13.33%
MLS
8/19/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10317 Margo Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,573
-13%
$127,700
31%
2023
$2,972
14%
$97,200
—
2022
$2,613
-9%
$97,200
7%
2020
$2,864
5516%
$90,700
—
2019
$51
—
$90,700
5235%
2019
$51
-2%
$1,700
—
2018
$52
-2%
$1,700
—
2017
$53
2%
$1,700
—
2016
$52
8%
$1,700
—
2015
$48
-16%
$1,700
—
2013
$57
-98%
$1,700
-98%
2012
$2,291
—
$77,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10317 Margo Ln
10317 Margo Lane, Munster, IN 46321 (MLS# 826294) is a Lots/Land property with a lot size of 0.28 acres. 10317 Margo Lane is currently listed for $195,000 and was received on August 19, 2025. Want to learn more about 10317 Margo Lane? Do you have questions about finding other Lots/Land real estate for sale in Munster? You can browse all Munster real estate or contact a Coldwell Banker agent to request more information.

