NOT LISTED FOR SALE

2451 Marshall Dr Valparaiso, IN 46385

Estimated Value: $300,000 - $430,560

6 Beds
2 Baths
1,920 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $406,700 $212 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,516/month

17 Days on Market

About This Home

As of December 2023

Great investment opportunity! 2 completely updated units, with newer roof & siding! Each unit is identical and includes 3 bedrooms, 1 bathroom, 1 car garage, all kitchen appliances as well as washer, dryer and 1 window air conditioning unit! Units are conveniently located within minutes of major roadways for shopping, restaurants, & major roadways for commuting!

Last Agent to Sell the Property

Nick Milici

Trueblood Real Estate, LLC License #RB14051799 Listed on: 10/19/2023

Trueblood Real Estate, LLC

Last Buyer's Agent

Brittany Munoz

New Chapter Real Estate License #RB19000008

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,205

Year Built

  • Built in 1976

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x220

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,920 Sq Ft Home
  • Elevator
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $39,000
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640922454007000004

Community Details

Overview

  • 2 Units
  • Marian Manor First Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $1,709
  • New Taxes Expense $6,542
  • Net Operating Income $29,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,205

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: Marian Manor First Add
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.505
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 100x220
  • Lot Size Sq Ft: 21998
  • Parcel #: 640922454007000004

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1709
  • Total Actual Rent: 39000

Tax Info

  • New Taxes Expense: 6542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 8, 2023
Sold by
Redelman Justin Joseph
Bought by
Persin Jennifer L and Persin Mark A
Seller's Agent
Nick Milici
Trueblood Real Estate, LLC
Buyer's Agent
Brittany Munoz
New Chapter Real Estate
List Price
$424,900
Sold Price
$406,700
Premium/Discount to List
-$18,200
-4.28%
Views
65
Current Estimated Value
$362,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,310
Avg. Annual Appreciation
-6.01%

Purchase Details

Closed on
Feb 15, 2021
Sold by
Sommers Phyllis
Bought by
Redelman Justin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
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
Persin Jennifer L -- Chicago Title
Redelman Justin Joseph $55,000 Greater Indiana Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redelman Justin Joseph $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $406,700 -4.3% $212 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $424,900 -- $221 / 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 $7,205 $301,200 $37,400 $263,800
2023 $6,583 $292,300 $35,900 $256,400
2022 $6,543 $265,700 $35,900 $229,800
2021 $6,440 $250,900 $35,900 $215,000
2020 $5,924 $227,000 $31,200 $195,800
2019 $5,272 $199,200 $31,200 $168,000
2018 $5,023 $189,800 $31,200 $158,600
2017 $5,112 $193,400 $31,200 $162,200
2016 $4,416 $181,100 $34,300 $146,800
2014 $3,232 $159,600 $30,200 $129,400
2013 -- $151,800 $30,800 $121,000
Source: Public Records

Agents Affiliated with this Home

  • Nick Milici

    Seller's Agent in 2023

    Nick Milici

    Trueblood Real Estate, LLC

    (219) 306-1412

    9 in this area

    104 Total Sales

    Nick Milici
    Section Image
  • Brittany Munoz

    Buyer's Agent in 2023

    Brittany Munoz

    New Chapter Real Estate

    (219) 801-0072

    11 in this area

    77 Total Sales

    Brittany Munoz
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 540461

Northwest Indiana Association of REALTORS®

APN: 64-09-22-454-007.000-004

Indiana Porter County Valparaiso 46385

2451 Marshall Dr, Valparaiso, IN

This home is located at 2451 Marshall Dr, Valparaiso, IN 46385 since 19 October 2023 and is currently estimated at $362,390, approximately $188 per square foot. This property was built in 1976. 2451 Marshall Dr is a home located in Porter County with nearby schools including Memorial Elementary School, Ben Franklin 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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