NOT LISTED FOR SALE

306 E Jefferson St Valparaiso, IN 46383

5 Beds
4.5 Baths
3,388 Sq Ft
0.25 Acres

Last Sold March 13, 2013

Last sale price $215,000 $63 Per Sq Ft

119 Days on Market

Highlights

  • Deck
  • 7 Car Detached Garage
  • Hot Water Heating System
  • Central Elementary School Rated A
  • Patio

About This Home

As of March 2013

Property is a 2 story brick building with 4 rental units plus 7 garages that generate additional income. Property is located a block North of the Lincolnway on Jefferson. All units are currently leased with 3 one bedroom units and 1 two bedroom unit. Porch on front and concrete patio area on back. Garage is detached and accessed by alley. Walking distance to downtown. Older unit but well maintained. Brick exterior, porch on front, all units have private entry, patio area on back of house for largest unit which also has direct access to garage. Garage units are block construction with flat roof that is inspected and maintained annually.

Last Agent to Sell the Property

Tim Brust

Wille Stiener & Brust, Inc. License #RB14036872 Listed on: 11/02/2012

Last Buyer's Agent

Dean Stolpe

Stolpe Real Estate License #RB14013415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1879

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82.5' x 132'

Parking

  • 7 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 3,388 Sq Ft Home
  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $33,900
  • Rent includes gas, water
  • Assessor Parcel Number 640924341003000004

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $541
  • Supplies Expense $92
  • New Taxes Expense $4,819
  • Gross Income $3,360
  • Net Operating Income $19,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1879

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Year Built: 1879
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: In Unit, Other
  • Professional Management Expense: 800
  • Supplies Expense: 92
  • Co List Office Mls Id: NRA1232
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Acres: 0.25
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 7
  • Parking Features: Detached, Heated Garage

Utilities

  • Utilities: Cable Available, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Common, Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gas, Other, Water

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 82.5' x 132'
  • Lot Size Sq Ft: 10890
  • Parcel #: 640924341003000004

Rental Info

  • LeaseType: Net

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3360
  • Insurance Expense: 541
  • Total Actual Rent: 33900

Tax Info

  • New Taxes Expense: 4819

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2013 03/13/13 Sold $215,000 0.0% $63 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $215,000 -- $63 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tim Brust

    Wille Stiener & Brust, Inc.

    (219) 384-6721

    3 in this area

    24 Total Sales

    Section Image

  • D

    Buyer's Agent in 2013

    Dean Stolpe

    Stolpe Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 317200

Northwest Indiana Association of REALTORS®

Indiana Porter County Valparaiso 46383

306 E Jefferson St, Valparaiso, IN

This home is located at 306 E Jefferson St, Valparaiso, IN 46383 since 02 November 2012. This property was built in 1879. 306 E Jefferson St 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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