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Single Family ResidenceResidential
$331,052$125 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

232 TERRACE DR

MUNSTER, IN 46321
3
Beds
2
Baths
2,658 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1954
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$331K
$317K low$345K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,477 (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.$284,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$49,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$235,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$270,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$284,600

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.2015
Lot (acres)The size of the land the home sits on, from county records.0.23
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
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
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 80 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 · 0.6 mi
H
Munster High School
High · Grades 9–12 · 0.9 mi
M
Wilbur Wright Middle SchoolA+
Middle · Grades 6–8 · 0.9 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

232 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 71% of homes in Lake County
  • Costs less per square foot than 87% of homes in Munster 46321
  • Bigger than 82% of homes in Lake County
  • Older than 84% 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
$170K$870K

This home is worth more than 33% 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$331,052
CheaperTypical $373,744Pricier

Pricier than 33% of homes nearby

Price per ft²$125
CheaperTypical $194Pricier

Pricier than 13% of homes nearby

Living area2,658 ft²
SmallerTypical 2,236 ft²Bigger

Bigger than 64% of homes nearby

Lot size0.23 ac
SmallerTypical 0.24 acBigger

Bigger than 48% of homes nearby

Year built1954
OlderTypical 1971Newer

Newer than 16% of homes nearby

How 232 Terrace Dr ranks against every home in each area.
MeasureThis homeMunster 46321Lake County
Estimated valuepricier than$331,05233% of homes71% of homes
Price per ft²pricier than$12513% of homes35% of homes
Living areabigger than2,658 ft²64% of homes82% of homes
Lot sizebigger than0.23 ac48% of homes61% of homes
Year builtnewer than195416% of homes37% of homes

About 232 Terrace Dr

How much is 232 Terrace Dr, Munster, IN worth?

The TopHap Estimate for 232 Terrace Dr, Munster, IN is $331,052 as of Oct 21, 2026. The likely range is $316,840 to $345,264. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 232 Terrace Dr, Munster, IN last sell?

232 Terrace Dr, Munster, IN last sold on Dec 16, 2022, according to the county's recorded deed.

How big is 232 Terrace Dr, Munster, IN?

232 Terrace Dr, Munster, IN has 3 bedrooms, 2 bathrooms, 2,658 square feet of living space and a 0.23-acre lot.

When was 232 Terrace Dr, Munster, IN built?

232 Terrace Dr, Munster, IN was built in 1954, making it 72 years old. The building has 1 story.

What schools serve 232 Terrace Dr, Munster, IN?

232 Terrace Dr, Munster, IN is assigned to James B Eads Elementary School (elementary), rated A+; Munster High School (high); 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 232 Terrace Dr, Munster, IN compare to other homes in Munster 46321?

Among the 9,085 homes in Munster 46321, it is worth more than 33% of them ($331,052 against a typical $373,744), its price per square foot is higher than 13% of them ($125 against a typical $194), it is bigger than 64% of them (2,658 ft² against a typical 2,236 ft²), its lot is bigger than 48% of them (0.23 ac against a typical 0.24 ac) and it is newer than 16% of them (1954 against a typical 1971). Measured against all of Lake County, it is worth more than 71% 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 232 Terrace Dr, Munster, IN?

The 2024 property tax bill for 232 Terrace Dr, Munster, IN was $6,477. The county assessed it at $284,600.

More homes on Terrace Dr

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Assigned schools

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