Seller's Agent in 2020
Denise Wilson
BHHS Executive Group RE
(219) 309-0893
31 in this area
107 Total Sales
254 Locust St Valparaiso, IN 46383
Estimated Value: $272,000 - $322,174
4
Beds
2
Baths
2,382
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- Detached Garage
- Laundry Facilities
- Community Storage Space
- Central Elementary School Rated A
- Community Deck or Porch
About This Home
As of June 2020First time on the market! Incredible investment opportunity! Well-maintained, turn key ready 2 unit rental property in downtown Valparaiso that was lovingly maintained as a single-family home for several generations before being converted 2 rental units. Both units were completely gutted and remodeled (upper 2010 & main 2001) and each unit has 2 bedrooms, 1 bathroom, washer/dryer and private deck. Upper unit has fantastic 12x28 bonus room that could easily be used as 3rd bedroom. Main floor unit has enclosed porch w/storage room. Tenant pays gas/electric. Highly desirable Valparaiso schools. Nestled just a few blocks from Valparaiso University and Valparaiso's downtown restaurants/shops. Be sure not to miss the original Locust Street bricks that adorn the back walkway. Detached garage and storage shed. Have you always thought about owning an investment property? This hidden gem would be a great place to start that dream!
Last Agent to Sell the Property
BHHS Executive Group RE License #RB14044517 Listed on: 04/18/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,650
Year Built
- Built in 1885
Lot Details
- 8,712 Sq Ft Lot
Home Design
- 2,382 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Detached Garage
- 2 Open Parking Spaces
- Side Driveway
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number 640924455007000004
Community Details
Overview
- 2 Units
- Woodhulls Subdivision
Amenities
- Community Deck or Porch
- Laundry Facilities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2020
Closed on
Jun 1, 2020
Sold by
Mcnabb Thomas E and Mcnabb Patricia A
Bought by
Price Ian M
Seller's Agent
Denise Wilson
BHHS Executive Group RE
List Price
$201,000
Sold Price
$201,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,044
Avg. Annual Appreciation
7.57%
Original Mortgage
$190,950
Outstanding Balance
$169,636
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$125,025
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Price Ian M | $201,000 | Chicago Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Price Ian M | $190,950 | |
| Previous Owner | Mcnabb Patricia A | $77,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2020 06/01/20 | Sold | $201,000 | 0.0% | $84 / Sq Ft |
| 05/02/2020 05/02/20 | Pending | -- | -- | -- |
| 04/18/2020 04/18/20 | For Sale | $201,000 | -- | $84 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
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 | $4,266 | $287,800 | $41,600 | $246,200 |
| 2023 | $4,246 | $255,700 | $36,300 | $219,400 |
| 2022 | $3,937 | $234,100 | $36,300 | $197,800 |
| 2021 | $3,560 | $206,600 | $36,300 | $170,300 |
| 2020 | $3,223 | $188,000 | $33,000 | $155,000 |
| 2019 | $4,651 | $178,400 | $33,000 | $145,400 |
| 2018 | $4,647 | $176,700 | $33,000 | $143,700 |
| 2017 | $2,969 | $175,900 | $33,000 | $142,900 |
| 2016 | $2,628 | $169,000 | $39,500 | $129,500 |
| 2014 | $2,137 | $156,600 | $37,300 | $119,300 |
| 2013 | -- | $143,100 | $37,500 | $105,600 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Wilson
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR473102
APN: 64-09-24-455-007.000-004
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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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