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Single Family ResidenceResidential
$344,222$235 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

206 TERRACE DR

MUNSTER, IN 46321
3
Beds
3 / 1
Baths
1,463 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
1958
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$344K
$328K low$360K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,122 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$361,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$52,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$309,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$339,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$361,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2000
Lot (acres)The size of the land the home sits on, from county records.0.25
ConstructionThe main material the home's frame and walls are built from.Stone
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
James B Eads Elementary SchoolA-
Elementary · Grades KG–5 · 0.7 mi
H
Munster High SchoolA+
High · Grades 9–12 · 1.0 mi
M
Wilbur Wright Middle SchoolA+
Middle · Grades 6–8 · 1.0 mi

District: Munster School Town

Neighborhood · ZIP 46321These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.48
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.23,950
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,148 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$101,591
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$137,698
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

206 Terrace Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 73% of homes in Lake County
  • Costs more per square foot than 92% of homes in Lake County
  • Smaller than 80% of homes in Munster 46321
  • Has a bigger lot than 65% of homes in Lake County
  • Older than 75% of homes in Munster 46321

What homes are worth in Munster 46321

Each bar is how many homes fall in that price range. The marker is this home.

This home
$168K$930K

This home is worth more than 39% of homes in Munster 46321.

How it measures up in Munster 46321

The dot is this home. The mark in the middle is the typical home in Munster 46321.

Estimated value$344,222
CheaperTypical $372,242Pricier

Pricier than 39% of homes nearby

Price per ft²$235
CheaperTypical $196Pricier

Pricier than 79% of homes nearby

Living area1,463 ft²
SmallerTypical 2,193 ft²Bigger

Bigger than 20% of homes nearby

Lot size0.25 ac
SmallerTypical 0.24 acBigger

Bigger than 52% of homes nearby

Year built1958
OlderTypical 1971Newer

Newer than 25% of homes nearby

How 206 Terrace Dr ranks against every home in each area.
MeasureThis homeMunster 46321Lake County
Estimated valuepricier than$344,22239% of homes73% of homes
Price per ft²pricier than$23579% of homes92% of homes
Living areabigger than1,463 ft²20% of homes36% of homes
Lot sizebigger than0.25 ac52% of homes65% of homes
Year builtnewer than195825% of homes44% of homes

About 206 Terrace Dr

How much is 206 Terrace Dr, Munster, IN worth?

The TopHap Estimate for 206 Terrace Dr, Munster, IN is $344,222 as of Aug 30, 2026. The likely range is $328,006 to $360,438. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 206 Terrace Dr, Munster, IN last sell?

206 Terrace Dr, Munster, IN last sold on Apr 5, 2001, according to the county's recorded deed.

How big is 206 Terrace Dr, Munster, IN?

206 Terrace Dr, Munster, IN has 3 bedrooms, 3 bathrooms, 1,463 square feet of living space and a 0.25-acre lot.

When was 206 Terrace Dr, Munster, IN built?

206 Terrace Dr, Munster, IN was built in 1958, making it 68 years old. The building has 1 story.

What schools serve 206 Terrace Dr, Munster, IN?

206 Terrace Dr, Munster, IN is assigned to James B Eads Elementary School (elementary), rated A-; Munster High School (high), rated A+; Wilbur Wright Middle School (middle), rated A+. All sit in Munster School Town. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 206 Terrace Dr, Munster, IN compare to other homes in Munster 46321?

Among the 9,086 homes in Munster 46321, it is worth more than 39% of them ($344,222 against a typical $372,242), its price per square foot is higher than 79% of them ($235 against a typical $196), it is bigger than 20% of them (1,463 ft² against a typical 2,193 ft²), its lot is bigger than 52% of them (0.25 ac against a typical 0.24 ac) and it is newer than 25% of them (1958 against a typical 1971). Measured against all of Lake County, it is worth more than 73% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 206 Terrace Dr, Munster, IN?

The 2024 property tax bill for 206 Terrace Dr, Munster, IN was $4,122. The county assessed it at $361,400.

More homes on Terrace Dr

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