2201 Sturdy Rd Valparaiso, IN 46383
Estimated payment $3,241/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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®
MLS Number: 833117
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