NOT LISTED FOR SALE

103 W 550 N Valparaiso, IN 46385

Estimated Value: $452,000 - $486,464

3 Beds
2.5 Baths
2,630 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $425,000 $162 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,194/month

12 Days on Market

Highlights

  • 1.36 Acre Lot
  • Deck
  • Wood Flooring
  • Cooks Corners Elementary School Rated A
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of December 2022

You'll love this Peaceful and Beautiful 2 Story Home with an Unfinished Walk-Out Basement Overlooking a Spectacular Tree Lined 1+ Acre Lot! Spend your summer mornings in the Sunroom with a fresh cup of coffee and your winter evenings snuggled up by the fireplace with a good book in the living room that has Gorgeous Wood Floors that flow into the Formal Dining Room. The Gourmet Kitchen has SS Appliances, Endless Storage, & New Granite Countertops, Moen Undermount Sink, Smart Faucet & Lighting. Step in the Sunroom or the Extensive Multi-Tier Wood Deck and Enjoy the Picturesque Views of Nature. The powder room has New Granite Countertop, Sink & Faucet. All 3 Bedrooms + HUGE BONUS ROOM are on the 2nd Floor w/ NEW Carpet. The Spacious Master Bedroom has a BIG Walk-In Closet, Trey Ceiling, & En-Suite w/ Jetted Tub. The Walk-out Basement is ready to be finished & plumbed for a 4th Bath with French doors that lead to a patio & deck. 3 Car Garage. NEW ROOF '19. Freshly Painted Throughout!

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 11/06/2022

Realty Executives Premier

Co-Listed By

Theresa Casillas

Better Homes and Gardens Real License #RB16000038

Last Buyer's Agent

Herb Schoenfelt

BHHS Executive Realty License #RB14021858

BHHS Executive Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1997

Lot Details

  • 1.36 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Basement

Kitchen

  • Country Kitchen
  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Outdoor Features

  • Deck
  • Patio

Schools

  • Valparaiso High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Community Details

  • Property has a Home Owners Association
  • Teresa Carp Association, Phone Number (219) 241-7608
  • Center Minor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640903277012000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,101

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Open Lot, Wooded
  • Co List Office Mls Id: NRA1103
  • Co List Office Mls Id: NRA1103
  • Subdivision Name: Center Minor Sub
  • Above Grade Finished Sq Ft: 2630
  • Reso Accessibility Features: Enhanced Accessible
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Country Kitchen, Vaulted Ceiling(s), Whirlpool Tub
  • Basement: Sump Pump, Walk-Out Access
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Lighting
  • Acres: 1.36
  • Construction Type: Brick, Cedar
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 150
  • Association Name: Teresa Carp
  • Phone: 219-241-7608
  • Association: Yes

Lot Info

  • Lot Dimensions: Irr
  • Lot Size Sq Ft: 59242
  • Parcel #: 640903277012000003

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3101

MLS Schools

  • HighSchool: Valparaiso High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Jan 26, 2023
Sold by
Gorman Dennis R and Gorman Penny L
Bought by
Dennis And Penny Gorman Revocable Living Trus
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Herb Schoenfelt
BHHS Executive Realty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Current Estimated Value
$470,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,366
Avg. Annual Appreciation
3.73%
Original Mortgage
$225,000
Outstanding Balance
$218,408
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$251,958

Purchase Details

Listed on
Nov 6, 2022
Closed on
Dec 19, 2022
Sold by
Mccart Shay R
Bought by
Gorman Dennis R and Gorman Penny L
Seller's Agent
Karl Wehle
Realty Executives Premier
Buyer's Agent
Herb Schoenfelt
BHHS Executive Realty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$218,408
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$251,958
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
Dennis And Penny Gorman Revocable Living Trus -- None Listed On Document
Gorman Dennis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Dennis R $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $425,000 -5.5% $162 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/06/2022 11/06/22 For Sale $449,900 -- $171 / 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 $8,275 $365,600 $63,200 $302,400
2023 $3,262 $373,300 $63,200 $310,100
2022 $3,122 $343,800 $63,200 $280,600
2021 $3,101 $300,100 $63,200 $236,900
2020 $2,981 $282,700 $57,400 $225,300
2019 $2,967 $274,300 $57,400 $216,900
2018 $2,915 $268,500 $57,400 $211,100
2017 $2,872 $264,000 $57,400 $206,600
2016 $2,699 $268,800 $64,800 $204,000
2014 $2,087 $253,200 $60,400 $192,800
2013 -- $238,500 $60,000 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 522483

Northwest Indiana Association of REALTORS®

APN: 64-09-03-277-012.000-003