NOT LISTED FOR SALE

303 Lafayette St Valparaiso, IN 46383

Estimated Value: $598,000 - $803,000

4 Beds
2 Baths
2,154 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $186,000 $86 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $4,518/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Storage
  • Central Elementary School Rated A
  • Patio

About This Home

As of September 2018

Location, Location, Location! Only 2 blocks to Valparaiso's amazing downtown! Currently this home houses 2 rental units, each with 2 bedrooms. Leased until May 1st, 2019. Current tenants have occupied their units 10 and 14 years. 2 new furnaces and water heater were installed in 2017. Exterior improvements made in 2017 include a new deck, a fresh coat of paint and chimney rebuild. New windows have a lifetime warranty.

Last Agent to Sell the Property

Carolyn Biesen

BHHS Executive Group RE License #RB15000454 Listed on: 08/17/2018

BHHS Executive Group RE

Last Buyer's Agent

Donya Kolosiwsky

Listing Leaders License #RB16001926

Listing Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1895

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66' x 132'

Interior Spaces

  • 2,154 Sq Ft Home
  • Elevator
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Valparaiso High School

Listing and Financial Details

  • Total Actual Rent $13,500
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640924163007000004

Community Details

Overview

  • 2 Units
  • Powells Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $4,068
  • Net Operating Income $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1895
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA403
  • Subdivision Name: Powells Add
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.2
  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: None

Utilities

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

Lot Info

  • Lot Dimensions: 66' x 132'
  • Lot Size Sq Ft: 8712
  • Parcel #: 640924163007000004
  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 13500

Tax Info

  • New Taxes Expense: 4068

MLS Schools

  • HighSchool: Valparaiso High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Grove David
Bought by
Grove David and Grove Julie
Current Estimated Value
$719,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$595,269
Interest Rate
3.8%
Mortgage Type
Construction
Estimated Equity
$124,200

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 28, 2018
Sold by
Wright Gale
Bought by
Grove David A
Seller's Agent
Carolyn Biesen
BHHS Executive Group RE
Buyer's Agent
Donya Kolosiwsky
Listing Leaders
List Price
$186,000
Sold Price
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.25%
Original Mortgage
$139,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Grove David -- Fidelity National Title Co
Grove David A -- Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove David $675,000
Closed Grove David A $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $186,000 0.0% $86 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $186,000 -- $86 / 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 $8,261 $709,900 $41,600 $668,300
2023 $7,601 $638,000 $36,300 $601,700
2022 $7,561 $578,400 $36,300 $542,100
2021 $5,980 $450,500 $36,300 $414,200
2020 $190 $33,000 $33,000 $0
2019 $4,413 $166,500 $33,000 $133,500
2018 $4,125 $155,600 $33,000 $122,600
2017 $4,068 $153,600 $33,000 $120,600
2016 $3,633 $148,700 $39,500 $109,200
2014 $2,910 $143,500 $37,300 $106,200
2013 -- $135,900 $37,500 $98,400
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Biesen

    Seller's Agent in 2018

    Carolyn Biesen

    BHHS Executive Group RE

    (219) 405-0859

    17 in this area

    45 Total Sales

    Carolyn Biesen
    Section Image
  • Donya Kolosiwsky

    Buyer's Agent in 2018

    Donya Kolosiwsky

    Listing Leaders

    (219) 308-0590

    2 in this area

    49 Total Sales

    Donya Kolosiwsky
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 441544

Northwest Indiana Association of REALTORS®

APN: 64-09-24-163-007.000-004

Indiana Porter County Valparaiso 46383

303 Lafayette St, Valparaiso, IN

This home is located at 303 Lafayette St, Valparaiso, IN 46383 since 17 August 2018 and is currently estimated at $719,469, approximately $334 per square foot. This property was built in 1895. 303 Lafayette 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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