NOT LISTED FOR SALE

252 University Park Ave Valparaiso, IN 46383

Estimated Value: $247,000 - $394,858

6 Beds
3 Baths
2,250 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $382,000 $170 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,429/month

7 Days on Market

Highlights

  • Enhanced Accessible Features
  • Central Elementary School Rated A
  • Carpet

About This Home

As of December 2023

Great investment opportunity adjacent to Valparaiso University. Three 2bed/1bath units, fully occupied with great rental history with VU students. All units have A/C and laundry hook-up. Washer/dryer, refrigerator and range stay in all units. Tenants pay all utilities. Onsite, dedicated parking for tenants. Unit A updated with new flooring and kitchen cabinetry. Solid built cinder block frame and brick exterior.

Last Agent to Sell the Property

Theresa Nicksic

Seramur Properties, LLC License #RB14043030 Listed on: 11/20/2023

Last Buyer's Agent

Anthony Sobczak

VIA Realty License #RB14042284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,413

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83 x 132

Parking

  • 5 Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • Elevator
  • Laundry in unit

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Listing and Financial Details

  • Total Actual Rent $28,200
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640924476008000004

Community Details

Overview

  • 3 Units
  • Sumans Sub Subdivision

Building Details

  • Insurance Expense $1,100
  • New Taxes Expense $4,467
  • Net Operating Income $22,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,413

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Gravel
  • Co List Office Mls Id: NRA902
  • Subdivision Name: Sumans Sub
  • Reso Accessibility Features: Enhanced Accessible
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Flooring: Carpet, Ceramic Tile, Linoleum, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.252
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 5

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 83 x 132
  • Lot Size Sq Ft: 10977
  • Parcel #: 640924476008000004

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1100
  • Total Actual Rent: 28200

Tax Info

  • New Taxes Expense: 4467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 8, 2023
Sold by
Halfman Trust
Bought by
Syed Fahd
Seller's Agent
Theresa Nicksic
Seramur Properties, LLC
Buyer's Agent
Anthony Sobczak
VIA Realty
List Price
$360,000
Sold Price
$382,000
Premium/Discount to List
$22,000
6.11%
Views
13
Current Estimated Value
$345,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,785
Avg. Annual Appreciation
-5.24%

Purchase Details

Closed on
Jul 14, 2021
Sold by
Halfman Michael L
Bought by
Halfman Michael L and Halfman Mary M

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 30, 2015
Sold by
Spitler Barbara E
Bought by
Halfman Michael
Seller's Agent
Jeffrey Sederberg
Evolution Real Estate Solution
Buyer's Agent
Jeffrey Sederberg
Evolution Real Estate Solution
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
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
Syed Fahd -- Meridian Title
Halfman Michael L -- None Available
Halfman Michael -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $382,000 +6.1% $170 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $360,000 +140.0% $160 / Sq Ft
03/30/2015 03/30/15 Sold $150,000 0.0% $67 / Sq Ft View Prior Sale
03/05/2015 03/05/15 For Sale $150,000 -- $67 / 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 $7,413 $341,200 $52,300 $288,900
2023 $4,487 $301,600 $45,700 $255,900
2022 $4,467 $181,400 $49,600 $131,800
2021 $4,647 $181,400 $49,600 $131,800
2020 $4,722 $181,400 $49,600 $131,800
2019 $4,784 $181,400 $49,600 $131,800
2018 $4,782 $181,400 $49,600 $131,800
2017 $4,778 $181,400 $49,600 $131,800
2016 $3,645 $194,600 $49,600 $145,000
2014 $3,672 $182,500 $46,900 $135,600
2013 -- $173,000 $47,200 $125,800
Source: Public Records

Agents Affiliated with this Home

  • Theresa Nicksic

    Seller's Agent in 2023

    Theresa Nicksic

    Seramur Properties, LLC

    (219) 734-8002

    17 in this area

    26 Total Sales

    Theresa Nicksic
    Section Image
  • Anthony Sobczak

    Buyer's Agent in 2023

    Anthony Sobczak

    VIA Realty

    (773) 618-9199

    12 in this area

    85 Total Sales

    Anthony Sobczak
    Section Image
  • Jeffrey Sederberg

    Seller's Agent in 2015

    Jeffrey Sederberg

    Evolution Real Estate Solution

    (219) 929-7840

    18 in this area

    25 Total Sales

    Jeffrey Sederberg
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 541951

Northwest Indiana Association of REALTORS®

APN: 64-09-24-476-008.000-004

Indiana Porter County Valparaiso 46383

252 University Park Ave, Valparaiso, IN

This home is located at 252 University Park Ave, Valparaiso, IN 46383 since 20 November 2023 and is currently estimated at $345,215, approximately $153 per square foot. This property was built in 1952. 252 University Park Ave is a home located in Porter County with nearby schools including Central Elementary School, Ben Franklin Middle School, and Valparaiso High School.

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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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