NOT LISTED FOR SALE

1301 Summit Place Valparaiso, IN 46385

Estimated Value: $545,000 - $786,000

4 Beds
3.5 Baths
4,160 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $455,000 $109 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,142/month

25 Days on Market

Highlights

  • Golf Course Community
  • Pool House
  • Cape Cod Architecture
  • Northview Elementary School Rated A-
  • 0.63 Acre Lot
  • Keeping Room with Fireplace

About This Home

As of May 2017

This Federal-style home in Forest Park is one of Valparaiso's finest old homes. The interior has been completely updated, while the exterior retains the quality and charm of yesteryear. An inground pool, pool house, oversized garage, and a paver patio complete the package. The family room has a built-in theatre system, the kitchen has granite countertops, custom cabinets, and Miele and Viking appliances. The living room has one of the three fireplaces, and a music room with views of Forest Park Golf Course. The curved staircase leads upstairs to four bedrooms, and two full bathrooms, including a huge master bedroom with a renovated master bath. The basement is finished with a laundry, workshop, and plenty of storage. Original hardwood floors, original trim, copper gutters, and classic red brick make this the home of your dreams. The lot is huge, with plenty of room for the deer and wildlife that make this neighborhood home.

Last Agent to Sell the Property

Steven Ingram

Valuation Services, LLC License #RB14013562 Listed on: 02/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1948

Lot Details

  • 0.63 Acre Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Keeping Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Fireplace in Basement

Pool

  • Pool House
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Furnace Humidifier
  • Radiator
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640914402011000004

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Forest Park Subdivision
  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Golf Course Lot, Landscaped, Nearly Level, Paved Road, Wooded
  • ResoOtherEquipment: Cable TV Hookup, Furnace Humidifier, Pool Equipment, Sump Pump
  • Co List Office Mls Id: GNR401
  • Subdivision Name: Forest Park
  • Architectural Style: Cape Cod, Two Story
  • GNR_Exterior: Brick,Wood
  • GNR_UnfinishedSquareFootage: 355
  • GNR_HeatSystem: Forced Air,Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cedar Closet, Den/Office, Finished Laundry Rm, Formal Dining, FP Gathering Room, FP Living/Great Room, FP Lower Level, Great Room, Main Bedroom Bath, Sun Room
  • Basement: Enclosed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 3

Exterior Features

  • Exterior Features: Porch-Covered, Fence, Gas Grill, In Ground Pool, In Ground Sprinklers, Patio, Pool House
  • Acres: 0.634

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiator(s)

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: Approx 240 x 111
  • Lot Size Sq Ft: 27617
  • Parcel #: 640914402011000004

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4337

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Mathews Amanda J
Bought by
Mathews Amanda J and Mathews Jason D
Current Estimated Value
$657,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Outstanding Balance
$336,696
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$320,342

Purchase Details

Listed on
Feb 18, 2017
Closed on
May 5, 2017
Sold by
Ingram Aaron and Yates Laura A
Bought by
Mathews Amanda J
Seller's Agent
Steven Ingram
Valuation Services, LLC
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$409,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jan 30, 2014
Sold by
Olthoff Timothy and Olthoff Brenda
Bought by
Ingram Aaron and Yates Laura A
Seller's Agent
Larry Hitz
BHHS Executive Group RE
Buyer's Agent
Steven Ingram
Valuation Services, LLC
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$327,750
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Olthoff Timothy
Bought by
Olthoff Timothy Dale and Olthoff Brenda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2009
Sold by
Olthoff Brenda
Bought by
Olthoff Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Malak Thaddeus J and Malak Sharon O
Bought by
Olthoff Timothy and Olthoff Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mathews Amanda J -- Liberty Title & Escrow Co
Mathews Amanda J $455,000 Chicago Title Insurance Co
Ingram Aaron -- None Available
Olthoff Timothy Dale -- Chicago Title Insurance Co
Olthoff Timothy -- Chicago Title Insurance Co
Olthoff Timothy -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Amanda J $379,000
Closed Mathews Amanda J $409,500
Previous Owner Ingram Aaron $327,750
Previous Owner Olthoff Timothy Dale $350,000
Previous Owner Olthoff Timothy $380,000
Previous Owner Olthoff Timothy $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $455,000 0.0% $109 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
02/18/2017 02/18/17 For Sale $455,000 +31.9% $109 / Sq Ft
01/31/2014 01/31/14 Sold $345,000 0.0% $80 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $345,000 -- $80 / 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 $7,854 $648,800 $123,100 $525,700
2023 $7,834 $617,600 $115,000 $502,600
2022 $7,732 $600,000 $115,000 $485,000
2021 $7,145 $528,900 $115,000 $413,900
2020 $6,782 $493,700 $104,700 $389,000
2019 $6,399 $460,300 $104,700 $355,600
2018 $6,040 $436,600 $104,700 $331,900
2017 $5,577 $404,500 $104,700 $299,800
2016 $5,002 $396,000 $119,100 $276,900
2014 $3,797 $369,800 $113,900 $255,900
2013 -- $426,900 $147,600 $279,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR409201

Northwest Indiana Association of REALTORS®

APN: 64-09-14-402-011.000-004