$539,000
PENDING

2201 Sturdy Rd Valparaiso, IN 46383

Estimated payment $3,216/month

Total Views 1,430
-- Bed
-- Bath
3,456 Sq Ft
$156 Price per Sq Ft

About This Home

An ideal investment for small to mid-size multifamily investors or owner occupants seeking a low-maintenance, low expense property. Built in 1981, this four-unit, condo style building has an average unit sq ft of 856. Each unit features furnace heat, AC, individual water heaters, and in-unit washer and dryer. Two of the four units have been recently remodeled, giving the property a modern, move-in-ready appeal. The landlord is responsible only for common electricity, while tenants cover heat, water, sewer, trash, lawn care, and washer/dryer usage, minimizing operating responsibilities. All units are condo-style, enhancing appeal to long-term tenants.

Listing Agent

Tariq Suboh

Ellsbury Group License #RB20000815 Listed on: 01/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot

Parking

  • Off-Street Parking

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Worthington Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 641018177014000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,302

Year Built

Built in 1981

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA2314
  • Subdivision Name: Worthington Terrace
  • Above Grade Finished Sq Ft: 3456
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Interior Amenities: None

Exterior Features

  • Acres: 0.326
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 14201
  • Parcel #: 641018177014000004

Rental Info

  • Pets Allowed: Call
  • Owner Pays: Common Area Maintenance

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5302

Multi Family

  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $5,302 $432,300 $100,600 $331,700
2024 $5,899 $215,900 $97,100 $118,800
2023 $5,596 $237,400 $97,100 $140,300
2022 $5,516 $224,000 $97,100 $126,900
2021 $5,551 $214,500 $97,100 $117,400
2020 $6,899 $0 $0 $0
2019 $6,620 $249,000 $99,700 $149,300
2018 $6,617 $249,000 $99,700 $149,300
2017 $6,611 $249,000 $99,700 $149,300
2016 $6,097 $249,000 $99,700 $149,300
2014 $5,060 $249,000 $99,700 $149,300
2013 -- $249,000 $99,700 $149,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Pending -- -- --
01/22/2026 01/22/26 For Sale $539,000 +96.0% $156 / Sq Ft
09/26/2018 09/26/18 Sold $275,000 0.0% $80 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $275,000 -- $80 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 833117

Northwest Indiana Association of REALTORS®
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