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7551 Forest Ave

Munster, IN 46321

3 bd 2 ba 1,988 sqft Built 1942 Lot 12,075 sqft single_family
Most recent sale
$280,125
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $280,125 Public Record
Aug 12, 2022 Listed $249,000 MLS #517949
Aug 7, 2017 Price changed $212,900 MLS #414920
May 20, 2017 Listed $214,900 MLS #414920

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $221,500 $47,500 $269,000 $6,677
2022 $182,800 $48,400 $231,200 $5,944
2021 $177,300 $44,300 $221,600 $5,803
2020 $170,500 $44,300 $214,800 $5,638
2019 $137,400 $44,300 $181,700 $4,735
2018 $137,400 $44,300 $181,700 $5,431
2017 $136,300 $44,300 $180,600 $2,854
2016 $137,000 $44,300 $181,300 $2,791
2015 $133,200 $44,200 $177,400 $2,477
2014 $132,500 $44,200 $176,700 $2,647
2013 $126,700 $44,300 $171,000 $2,809
2012 $155,000 $44,300 $199,300 $3,057
2011 $170,400 $44,300 $214,700 $3,412
2010 $170,400 $44,300 $214,700 $2,963
2009 $170,400 $44,300 $214,700 $2,623
2008 $164,500 $42,500 $207,000 $2,483
2005 $164,500 $39,000 $203,500 $2,489

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,988 sqft
Lot size
12,075 sqft
ZIP code
46321
City
Munster
Street
Forest Ave
Coordinates
41.57568, -87.52344

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,982
Gross rental yield
12.77%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 7551 Forest Ave last sell?
7551 Forest Ave most recently sold on Oct 13, 2022 for $280,125.
What is the current tax assessment for 7551 Forest Ave?
The most recent total assessment for 7551 Forest Ave (year 2024) is $269,000 with $6,677 in property tax.
How does 7551 Forest Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $280,125.
When was 7551 Forest Ave built?
7551 Forest Ave was built in 1942.
How does 7551 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 7551 Forest Ave?
7551 Forest Ave is a 3 bed, 2 bath, 1,988 sqft, 12,075 sqft lot single_family.
Is 7551 Forest Ave a flip candidate?
No — 7551 Forest Ave does not appear in our flips dataset.
Is 7551 Forest Ave a tax-appeal candidate?
No — 7551 Forest Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.0%
2026 Q3
$361.6K
2026 Q4
$349.5K
ZIP 46321 — Median Price History + Forecast

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