NOT LISTED FOR SALE

255 Valparaiso St Valparaiso, IN 46383

Estimated Value: $311,000 - $355,000

5 Beds
3 Baths
2,288 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $320,000 $140 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,377/month

71 Days on Market

Highlights

  • Laundry Facilities
  • Community Deck or Porch
  • Community Storage Space
  • Central Elementary School Rated A

About This Home

As of October 2022

Fully occupied and great cash flowing triplex in ideal downtown Valparaiso location. Upstairs 3 bed unit has updated kitchen and bath, both downstairs 1 bed units have been painted, new flooring and carpet as well as updated bathrooms. Tenants are all currently on leases with security deposits. Individual meters for most utilities. On site laundry and storage in basement for added rental appeal. Large off street 8 car parking lot. Roof is 3 years old. Units rent easily when available, current tenants have all renewed multiple times and accounts are all current.

Last Agent to Sell the Property

Grant Bell

Blue Ridge Realty Group License #RB18000802 Listed on: 07/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1910

Lot Details

  • 6,055 Sq Ft Lot

Home Design

  • 2,288 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 8 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 640924455005000004

Community Details

Overview

  • 3 Units
  • Woodhulls Add Subdivision

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Common Laundry, Pets Allowed, Storage
  • Co List Office Mls Id: GNR1964
  • Subdivision Name: Woodhulls Add
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • GNR_ParkingSurface: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.139

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Off Street, None

Lot Info

  • Lot Size Sq Ft: 6055
  • Parcel #: 640924455005000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Oct 19, 2022
Sold by
Mikrut Don
Bought by
Prohaska Harold L
Seller's Agent
Grant Bell
Blue Ridge Realty Group
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$334,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,976
Avg. Annual Appreciation
1.02%
Original Mortgage
$240,000
Outstanding Balance
$233,451
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$95,849

Purchase Details

Closed on
Mar 26, 2021
Sold by
Bell Grant A
Bought by
Mikrut Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jun 15, 2018
Sold by
Mathey Scott E
Bought by
Bell Grant A
Seller's Agent
Gus Tsaparikos
@properties/Christie's Intl RE
List Price
$169,500
Sold Price
$169,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$166,412
Interest Rate
5.5%
Mortgage Type
FHA
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
Prohaska Harold L -- --
Mikrut Don $285,000 Heartland Title Services Inc
Bell Grant A $169,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prohaska Harold L $240,000
Previous Owner Mikrut Don $213,750
Previous Owner Bell Grant A $166,412
Previous Owner Mathey Scott E $128,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $320,000 0.0% $140 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $320,000 +88.8% $140 / Sq Ft
06/15/2018 06/15/18 Sold $169,500 0.0% $74 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $169,500 -- $74 / 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 $6,521 $298,000 $35,800 $262,200
2023 $5,960 $263,600 $31,200 $232,400
2022 $5,900 $239,600 $31,200 $208,400
2021 $5,253 $203,600 $31,200 $172,400
2020 $2,450 $185,100 $28,400 $156,700
2019 $2,344 $175,300 $28,400 $146,900
2018 $2,226 $167,000 $28,400 $138,600
2017 $4,382 $164,800 $28,400 $136,400
2016 $3,863 $157,400 $33,900 $123,500
2014 $3,052 $149,300 $32,000 $117,300
2013 -- $141,100 $32,300 $108,800
Source: Public Records

Agents Affiliated with this Home

  • Grant Bell

    Seller's Agent in 2022

    Grant Bell

    Blue Ridge Realty Group

    (714) 914-5980

    5 in this area

    57 Total Sales

    Section Image

  • G

    Seller's Agent in 2018

    Gus Tsaparikos

    @ Properties

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515985

Northwest Indiana Association of REALTORS®

APN: 64-09-24-455-005.000-004

Indiana Porter County Valparaiso 46383

255 Valparaiso St, Valparaiso, IN

This home is located at 255 Valparaiso St, Valparaiso, IN 46383 since 10 July 2022 and is currently estimated at $334,976, approximately $146 per square foot. This property was built in 1910. 255 Valparaiso St is a home located in Porter County with nearby schools including Central 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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