RARE OPPORTUNITY to own a great INVESTMENT PROPERTY!! All major items have been UPDATED ~ FURNACES, CENTRAL A/C, HOT WATER HEATERS, WINDOWS AND ROOF!!! 3Bdrm upper unit is SPACIOUS, UPDATED, & MOVE-IN READY. Beautiful WOOD FLOORS flow btwn the OPEN LIVING and DINING areas. BRAND NEW SLIDING DOOR off of dining rm leads to prvt balcony. Kitchen is UPDATED w/ GRANITE COUNTERTOPS, KRAFTMAID CABINETS, gorgeous PORCELAIN floors and comes w/ SS Applcs . REMODELED Bthrm features New Shower Insert, Flooring, & Updated Vanity/Fixtures. All Bdrms feature BRAND NEW CARPETING and Fresh Paint. MAIN LEVEL unit has 2 SIZEABLE BEDROOMS, the MASTER w/ DBL CLOSETS. Living and dining areas have an OPEN CONCEPT and lead into the NEUTRAL KITCHEN. Sliding door leads to patio and GENEROUS BACKYARD along with STORAGE SHED and 2.5+ Car Garage w/ Side Drive. Both units have IN-UNIT LAUNDRY and all UTILITIES are SEPARATED. Totally CONVENIENT LOCATION and EXCELLENT SCHOOLS make this an EASY CHOICE!!
Multi-familyProperty Type
1973Year Built
9,864 sq ftLot Size
$180Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Lisa Thompson• @properties/Christie's Intl RE
•219-440-0070 (broker)
•mlshighland@atproperties.com (broker)
Bought with O'Day Abdulla• Realty Executives Premier
•219-462-2224 (broker)
•info@RexPremier.com (broker)
Bought with Carol Dobrzynski• Realty Executives Premier
Location, Location! Must see! Great income potential for this 2 unit located on Ridge Rd in Munster. All appliances belong to the owner. Tenants pay utility bills.
Year
Property tax
Land + Additions
Assessment*
2024
$4,947 (+1.1%)
$52,800 + $244,100
$296,900
2023
$4,893 (+1.6%)
$55,300 + $230,500
$285,800
2022
$4,816 (+8.6%)
$55,300 + $214,800
$270,100
2021
$4,436 (−23.2%)
$34,600 + $211,000
$245,600
2020
$5,775 (+10.8%)
$34,600 + $186,000
$220,600
2019
$5,212 (−10.4%)
$34,600 + $168,100
$202,700
2018
$5,818 (+2.3%)
$34,600 + $160,600
$195,200
2017
$5,689 (+8.5%)
$34,600 + $155,800
$190,400
2016
$5,245 (+3.7%)
$34,600 + $148,200
$182,800
2015
$5,058 (−17.4%)
$34,600 + $149,700
$184,300
2013
$6,120
$34,600 + $147,100
$181,700
Tax history for 1035 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2024
$4,947 (+1.1%)
$52,800 + $244,100
$296,900
2023
$4,893 (+1.6%)
$55,300 + $230,500
$285,800
2022
$4,816 (+8.6%)
$55,300 + $214,800
$270,100
2021
$4,436 (−23.2%)
$34,600 + $211,000
$245,600
2020
$5,775 (+10.8%)
$34,600 + $186,000
$220,600
2019
$5,212 (−10.4%)
$34,600 + $168,100
$202,700
2018
$5,818 (+2.3%)
$34,600 + $160,600
$195,200
2017
$5,689 (+8.5%)
$34,600 + $155,800
$190,400
2016
$5,245 (+3.7%)
$34,600 + $148,200
$182,800
2015
$5,058 (−17.4%)
$34,600 + $149,700
$184,300
2013
$6,120
$34,600 + $147,100
$181,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
9,864 Sq. Ft.
Year renovated
2000
Sq. Ft.
2,590
Year built
1973
Style
Multi-Family (2-4 Unit)
County
Lake County
APN
450719176020000027
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
CD-3.R2
Neighborhood-60 Lot One Family Residence Character District
The CD-3R-2 Character District consists of primarily a low density SingleFamily Detached Residential area in which Houses are the predominant Building Type. It has medium to deep front Setbacks and medium to wide side Setbacks. Some Thoroughfares have Sidewalks and Curbs, and form medium to large Blocks.
Permitted uses
Include but are not limited to:
Housing-Single unit
Park & open space
Property details
Parking
Parking Information
Parking Total: 10
Parking Features: Detached
Gararge Information
Has Garage(s)
Garage Spaces: 2.5
Interior
Bathroom Information
Bathrooms Full: 2
Interior Features
Laundry Features: In Unit, Other
Interior Features: Elevator
Flooring: Carpet, Ceramic Tile, Hardwood
Room Information
Rooms Total: 10
Basement: Crawl Space
Multi-Unit Financial Information
Insurance Expense: $1,406
New Taxes Expense: $5,212
Multi-Unit Information
Occupant Type(s): Tenant
# of Units Total: 2
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
Exterior
Exterior Features
Patio And Porch Features: Deck, Patio
Exterior Features: Balcony
Other Structures: Shed(s)
Other Equipment: None
Construction Materials: Brick, Cedar
Living Area
Living Area: 2,590
Living Area Source: Assessor
Property Information
Year Built: 1973
Lot Information
Frontage Length: 72
Road Surface Type: Concrete
Financial
Tax Information
Tax Legal Description: Legal Description: FAIRVIEW ADD LOT 11 & S 1/2 VACATED 20' ALLEY ADJ
Utilities
Utilities Information
Utilities: Electricity Available, Natural Gas Available, Sewer Available
Water Source: Public
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,590
Stories: 2.0
Lot Size: 9,864 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1973
Year Renovated: 2000
County: Lake County
APN: 450719176020000027
Home facts updated by county records on Aug 24, 2026
Other
Auction Information
Auction YN: No
Auction Minimum Opening Bid: 0.00
Around this home
Schools
Ernest R Elliott Elementary School
Public K-5 • Assigned • 0.7mi
8/10
Wilbur Wright Middle School
Public 6-8 • Assigned • 0.2mi
8/10
Munster High School
Public 9-12 • Assigned • 0.4mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Munster, IN • 46321
Average low and high temperatures (°F)
30
17
39
23
55
35
62
43
68
50
82
63
86
69
83
65
80
59
69
49
51
38
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$443,000 – $536,000
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