NOT LISTED FOR SALE

1005 Institute St Valparaiso, IN 46383

Estimated Value: $295,000 - $371,000

4 Beds
2.5 Baths
3,068 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $182,000 $59 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,087/month

59 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Parkview Elementary School Rated A
  • Recreation Room
  • 2-minute walk to Kirchhoff Park

About This Home

As of October 2012

Looks are Deceiving...3000 finished square footage!! Just Finished and Move in Ready!! This home has been remodeled from top to bottom. Adorable cape cod style home features 4 bedrooms, 2 1/2 baths and a den/office. Hard wood floors, new trim and doors, new carpeting, windows, siding, and new roof are just a few upgrades. A brand new garage has been constructed and new driveway has been poured to complement the two new decks added to the home. The basement is dry and finished, perfect for entertaining with a full bathroom also.

Last Agent to Sell the Property

Jillian Kosiara

Seramur Properties, LLC License #RB14041315 Listed on: 08/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 94 x 152
  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shaker Style Exterior
  • Vinyl Siding

Interior Spaces

  • 3,068 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Bantas Add, Powells Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 01000001129

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Curbs, Landscaped, Sidewalks, Nearly Level
  • ResoOtherEquipment: Cable TV Hookup, Sump Pump
  • Co List Office Mls Id: GNR1210
  • Subdivision Name: Bantas Add, Powells Add
  • Architectural Style: Cape Cod
  • GNR_Exterior: Shakes,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Den/Office, Main Floor Bedroom, Main Floor Bathroom, FP Living/Great Room
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Side Drive, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 94 x 152
  • Parcel #: 01000001129
  • Zoning Description: Residential

Tax Info

  • Year: 2011
  • Tax Annual Amount: 1338

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Oct 16, 2012
Sold by
Cs Properties Corp
Bought by
Palko Linda M and Palko Christopher P
Seller's Agent
Jillian Kosiara
Seramur Properties, LLC
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$338,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,718
Avg. Annual Appreciation
4.91%
Original Mortgage
$145,600
Outstanding Balance
$100,823
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$237,895

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 15, 2012
Sold by
Furst Robert W and Furst Cynthia L
Bought by
Three Cs Properties Corp
Seller's Agent
Lisa Moore
Listing Leaders
List Price
$68,000
Sold Price
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
334.66%

Purchase Details

Closed on
Dec 12, 2006
Sold by
Furst C L C and Furst W R
Bought by
Furst Robert W and Furst Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palko Linda M -- None Available
Three Cs Properties Corp -- Meridian Title Corp
Furst Robert W -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palko Linda M $145,600
Previous Owner Furst Robert W $104,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2012 10/16/12 Sold $182,000 0.0% $59 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $182,000 +167.6% $59 / Sq Ft
02/15/2012 02/15/12 Sold $68,000 0.0% $22 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $68,000 -- $22 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,411 $321,000 $62,800 $258,200
2023 $3,391 $285,200 $54,800 $230,400
2022 $3,293 $263,100 $54,800 $208,300
2021 $3,069 $237,600 $54,800 $182,800
2020 $2,823 $216,200 $49,800 $166,400
2019 $2,717 $206,000 $49,800 $156,200
2018 $2,699 $204,800 $49,800 $155,000
2017 $2,660 $202,200 $49,800 $152,400
2016 $2,398 $197,700 $59,600 $138,100
2014 $1,886 $186,600 $56,200 $130,400
2013 -- $177,600 $56,700 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR312696

Northwest Indiana Association of REALTORS®

APN: 64-09-24-278-034.000-004