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$374,900
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Property Description
Welcome home to this well-cared-for bi-level offering over 2,800 finished square feet of comfortable and versatile living space. This spacious residence features 5 large bedrooms, including a primary bedroom with attached bath and his and her closet, and a total of 2.75 bathrooms, ideal for a growing or multi-generational family. The kitchen is both stylish and functional, showcasing granite countertops, custom-built cabinetry throughout, stainless steel appliances, and fully opening skylights with built-in sun shades that fill the space with natural light. Throughout the home, you'll appreciate thoughtful touches such as wide stairwells, beautiful 4-panel oak interior doors (upper level) and generously sized closets offering plenty of storage. Enjoy multiple areas for relaxation and entertaining with two large living rooms and a finished sunroom--perfect for gatherings. The massive fenced-in backyard with patio area provides the ideal setting for summer cookouts or simply unwinding outdoors. A new A/C system installed in 2021 adds peace of mind and comfort year-round. Situated on a quiet cul-de-sac within the sought-after Fairmeadow neighborhood, this home offers a peaceful setting while remaining close to everything. You're just minutes from shopping centers in both Munster and Highland, Community Hospital, and a wide array of local dining options. Multiple public parks are only a short walk away, adding to the community's family-friendly appeal. Families will also appreciate being part of the top-rated Munster School District, ranked #1 in Lake County and #4 in the entire state of Indiana. Homes like this in Fairmeadow are a rare find--schedule your private showing today before this one is gone!
Full Property Details
Full Property Details for 1938 Magnolia Ln
General
- Price: $374,900
- Taxes: $4,562 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 829946
- Updated: 12/8/2025
- Added to Site: 81 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Recessed Lighting, Pantry, Kitchen Island, His and Hers Closets, Granite Counters, Entrance Foyer
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Disposal, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Spa Description: Bath
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Detached, Paved, Garage Faces Front, Driveway, Concrete
Location
- County: Lake
- Township: North
- Subdivision: Fairmeadow
- Driving Directions: South on Calumet Ave turn East on Ridge Road turn south on White Oak Ave turn east on Fran Lin Pkwy turn on Magnola Lane Home on Right of Magnolia Lane in Cul De Sac
School Information
- High School District: Munster
Heating & Cooling
- Heating Type: Central, Forced Air
Structural Information
- Square Feet: 2,818
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.2665
- Lot Size (Sq. Ft.): 11,610
- Lot Features: Back Yard, Landscaped, Front Yard, Cul-De-Sac
- Zoning: residential
Financial Considerations
- Tax Amount: $4,562
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: FAIRMEADOW 6TH ADD. TO MUNSTER BLOCK 3 LOT 10
- Property ID: 450729333009000027
Listed by McColly Real Estate
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Schools
Schools serving 1938 Magnolia Ln
School District:Munster School Town
| Name | Grades | Distance |
|---|---|---|
Munster High School 8808 Columbia Avenue, Munster, IN 46321 | 9-12 | 1.3 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 1938 Magnolia Ln
Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$374,900
-3.85%
MLS
11/14/2025
Price Reduced
$389,900
-2.5%
MLS
11/07/2025
Price Reduced
$399,900
-2.44%
MLS
10/27/2025
Listed
$409,900
—
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 1938 Magnolia Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,192
-57%
$345,300
8%
2023
$9,743
139%
$318,700
5%
2022
$4,076
-9%
$303,300
10%
2020
$4,495
34%
$275,500
3%
2019
$3,354
—
$268,600
5%
2019
$3,354
-10%
$256,900
4%
2018
$3,734
4%
$246,400
4%
2017
$3,604
—
$237,900
4%
2017
$3,604
8%
$229,400
1%
2016
$3,327
6%
$227,700
-1%
2015
$3,139
-20%
$230,300
2%
2013
$3,922
11%
$226,100
-2%
2012
$3,520
—
$229,700
—
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 1938 Magnolia Ln
1938 Magnolia Lane, Munster, IN 46321 (MLS# 829946) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 1938 Magnolia Lane is currently listed for $374,900 and was received on October 27, 2025. Want to learn more about 1938 Magnolia Lane? Do you have questions about finding other Single Family real estate for sale in Munster? You can browse all Munster real estate or contact a Coldwell Banker agent to request more information.

