480 45th St, Munster, IN 46321 Property Records

Lake County property record for 480 45th St, Munster, IN 46321

Property Summary

Property Type	Manufacturing (Light)
Details	104,440 sqft · built 2002
Lot Size	6.61 acres (288,367 sqft)
Owner	Company Name on Record
Tax Bill	$238,224 (2024)
Deeds & Mortgages	Dec 2019 Sale & Line of Credit
Flood Zone	Zone X (moderate risk)
APN	`007-18-28-0656-0001`

Property Details

APN / Parcel Number

Primary APN	`007-18-28-0656-0001`
Alternative APNs	`45-06-25-403-001.000-027` `182806560001`

Interior

Stories	2 Stories
Building Area	104,440 sqft Total Area
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 2002
Exterior Material	Brick/Stone
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	288,367 sqft (6.61 acres)
Fence	Fence

Utilities, Heating & Cooling

Sewer	Connected

Location & Zoning

Account Number	007-18-28-0656-0001
Old Parcel Number	182806560001
Street Address	480 45TH ST
City	MUNSTER
State	IN
Zip	46321-5809
Property Category	Industrial
Property Type	Industrial > Manufacturing (Light)
Local Zoning Code	R33
Legal Description	MIDWEST CENTRAL BUSINESS PARK UNIT 4, (REPLAT OF LOT 2) 1
Legal Subdivision	MIDWEST CENTRAL BUS PARK UN
Legal Lot Number	2 1
Jurisdiction	LAKE IN
Township / Civil Division	NORTH
Census Block Group	2
Census Block	2004
Census Tract	40301

Owner

Source: Lake County records, as of March 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	100 W MATSONFORD RD STE 250, 250, WAYNE, PA 19087-4558
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 29, 2023
Deed Sale	Nov 29, 2023
Record Updated	Jun 8, 2026

December 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LAKE IN
Recording Date	Dec 11, 2019
Property Address	480 45TH ST, MUNSTER, IN 46321-5809
Document Number	0000085628
Instrument Date	Nov 22, 2019
Instrument	85628
Transaction Type	Transfer
Record Updated	Dec 7, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1601 WASHINGTON AVE #800 MIAMI BEACH FL 331393165, 800, MIAMI BEACH, FL 33139-3165

Mortgage

Document Number	85629
Date	Dec 11, 2019
Instrument	85629

Lender

Name	DBR INVESTMENTS CO LTD
Address	60 WALL ST # 10TH, NEW YORK, NY 10005-2865

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Dec 10, 2029

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Lake County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	Indiana
County	Lake County
County Subdivision	North Township
Municipality	Munster Town
Unified School District	Munster School Town (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$9,708,600 (-5.19%) Land $2,065,400 Building $7,643,200	$9,708,600 (-5.19%) Land $2,065,400 Building $7,643,200
2024	$238,224.00 (-11.4%)
2023		$10,239,600 (+2.38%) Land $2,065,400 Building $8,174,200	$10,239,600 (+2.38%) Land $2,065,400 Building $8,174,200
2022	$268,869.00	$10,001,400 Land $1,489,500 Building $8,511,900	$10,001,400 Land $1,489,500 Building $8,511,900

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 16, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MUNSTER WATER COMPANY serves 23,894 people · EPA ID IN5245031
Water Source	Purchased surface water from HAMMOND WATER WORKS DEPARTMENT
Last State Inspection	Mar 2024
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 40 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20