NOT LISTED FOR SALE

1306 Institute St Valparaiso, IN 46383

Estimated Value: $183,000 - $240,000

3 Beds
1 Bath
1,708 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $145,000 $85 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,266/month

9 Days on Market

Highlights

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

About This Home

As of January 2022

Great Investment Opportunity! Home is in overall really good condition. New windows, waterproofed basement w/ lifetime transferrable warranty, newer mechanicals & Fenced Yard . Located near the downtown area right across from Kirkhoff Park and Parkview Elementary. Roof is 12 years old. Sold As Is.

Last Agent to Sell the Property

Karl Wehle

Realty Executives Premier License #RB14033019 Listed on: 12/07/2021

Realty Executives Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1900

Lot Details

  • 8,581 Sq Ft Lot
  • Lot Dimensions are 65 x 132
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • Living Room
  • Basement
  • Sump Pump

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Parkview Primary Elementary School
  • Thomas Jefferson Middle School
  • Valparaiso High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Millers Sub Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 641019155010000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR1103
  • Co List Office Mls Id: GNR1103
  • Subdivision Name: Millers Sub
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 854
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Fence
  • Acres: 0.197

Garage/Parking

  • Parking Features: Off Street, None

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Schools

  • Middle Or Junior School: Thomas Jefferson Middle School

Lot Info

  • Lot Dimensions: 65 x 132
  • Lot Size Sq Ft: 8581
  • Parcel #: 641019155010000004

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1395

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Valparaiso High School
  • Elementary School: Parkview Primary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 21, 2022
Sold by
Lauren Piazza
Bought by
Stramel Michelle S
Seller's Agent
Karl Wehle
Realty Executives Premier
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$211,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,556
Avg. Annual Appreciation
10.54%
Original Mortgage
$140,650
Outstanding Balance
$129,627
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$81,929

Purchase Details

Listed on
Dec 7, 2021
Closed on
Nov 29, 2021
Sold by
Lakin Brett J
Bought by
Piazza Lauren
Seller's Agent
Karl Wehle
Realty Executives Premier
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Outstanding Balance
$129,627
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$81,929

Purchase Details

Listed on
Aug 2, 2012
Closed on
Sep 21, 2012
Sold by
Anderson Richard A
Bought by
Lakin Brett J
Seller's Agent
Minakshi Ghuman
RE/MAX Lifestyles
Buyer's Agent
Hardy Willis
Monty Willis Team PC
List Price
$104,200
Sold Price
$104,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$80,000
Interest Rate
3.66%
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
Stramel Michelle S $145,000 Drake Andrew R
Piazza Lauren $121,000 Mtc
Lakin Brett J -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stramel Michelle S $140,650
Previous Owner Lakin Brett J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $145,000 0.0% $85 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $145,000 +39.2% $85 / Sq Ft
09/21/2012 09/21/12 Sold $104,200 0.0% $61 / Sq Ft View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $104,200 -- $61 / 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 $1,885 $187,400 $32,500 $154,900
2023 $1,810 $178,200 $30,600 $147,600
2022 $1,790 $163,000 $30,600 $132,400
2021 $1,587 $140,800 $30,600 $110,200
2020 $1,395 $127,900 $27,600 $100,300
2019 $1,323 $121,500 $27,600 $93,900
2018 $1,214 $115,600 $27,600 $88,000
2017 $1,155 $114,000 $27,600 $86,400
2016 $1,000 $107,600 $29,400 $78,200
2014 $836 $101,600 $27,800 $73,800
2013 -- $96,400 $28,000 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Karl Wehle

    Seller's Agent in 2022

    Karl Wehle

    Realty Executives

    (219) 796-3983

    99 in this area

    462 Total Sales

    Karl Wehle
    Section Image
  • Minakshi Ghuman

    Seller's Agent in 2012

    Minakshi Ghuman

    RE/MAX

    (219) 476-0505

    33 in this area

    54 Total Sales

    Minakshi Ghuman
    Section Image

  • H

    Buyer's Agent in 2012

    Hardy Willis

    Monty Willis Team PC

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR505109

Northwest Indiana Association of REALTORS®

APN: 64-10-19-155-010.000-004

Indiana Porter County Valparaiso 46383

1306 Institute St, Valparaiso, IN

This home is located at 1306 Institute St, Valparaiso, IN 46383 since 07 December 2021 and is currently estimated at $211,556, approximately $123 per square foot. This property was built in 1900. 1306 Institute St is a home located in Porter County with nearby schools including Parkview Elementary School, Thomas Jefferson Middle School, and Valparaiso High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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