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$285,000 Just Listed
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Property Description
A mid century modern gem located in the Knickerbocker neighborhood that is close to all including the train station! An open concept plan features 2 living areas with built in shelving and stone fireplace and off kitchen dining. Estate sale, priced to sell and sold as is this home could use a just a little updating to bring it to its full glory!
Full Property Details
Full Property Details for 51 Terrace Dr
General
- Price: $285,000
- Taxes: $4,373 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 843751
- Updated: 8/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Laminate Counters, Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Gas Cooktop, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Spaces: 2
Location
- County: Lake
- Township: North
- Subdivision: Knickerbocker Manor Add 01
- Driving Directions: from ridge rd go south on Hohman and then right on terrace
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 1,824
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.2872
- Lot Size (Sq. Ft.): 12,510
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $4,373.1
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: KNICKERBOCKER MANOR 1ST ADD TO MUNSTER LOT 10 EXCEPT W.20FT & THE W.47FT OF LO T 11 BL.1
- Property ID: 450624177002000027
Listed by Brokerworks Group
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Schools
Schools serving 51 Terrace Dr
School District:Munster School Town
| Name | Grades | Distance |
|---|---|---|
James B Eads Elementary School 8001 Harrison Avenue, Munster, IN 46321 | K-5 | 0.6 mi |
Wilbur Wright Middle School 8650 Columbia Avenue, Munster, IN 46321 | 6-8 | 1.1 mi |
Munster High School 8808 Columbia Avenue, Munster, IN 46321 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51 Terrace Dr
Date
Details
Price
Change
Source
8/20/2026
Listed
$285,000
—
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 51 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,340
—
$305,900
6%
2024
$3,340
-57%
$287,300
12%
2023
$7,820
143%
$255,800
4%
2022
$3,217
-11%
$245,300
9%
2020
$3,620
31%
$224,700
-1%
2019
$2,769
—
$226,000
6%
2019
$2,769
-10%
$213,800
4%
2018
$3,067
2%
$205,300
2%
2017
$2,997
—
$200,600
—
2017
$2,997
4%
$200,000
3%
2016
$2,871
8%
$194,600
5%
2015
$2,648
-13%
$185,600
-2%
2013
$3,058
13%
$189,300
-1%
2012
$2,698
—
$190,600
—
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 51 Terrace Dr
51 Terrace Drive, Munster, IN 46321 (MLS# 843751) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 51 Terrace Drive is currently listed for $285,000 and was received on August 20, 2026. Want to learn more about 51 Terrace Drive? 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.

