NOT LISTED FOR SALE

307 Indiana Ave Valparaiso, IN 46383

Estimated Value: $269,000 - $400,000

5 Beds
5 Baths
3,035 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $180,000 $59 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,655/month

About This Home

As of February 2021

Calling all investors! Well maintained 5 unit apartment building located in a prime downtown Valparaiso location in the RT zoning district, near restaurants, shops, Central Park and Valparaiso University. No vacancies. No delinquencies. Annual income: $33635, Annual repairs $1888, Annual cleaning, pest control & lawn mowing $1046, Annual utilities $7512, Annual Insurance: $2294, Annual Taxes: $6522. Breakdown Monthly utilities: NIPSCO $376, Water & sewer $150, trash $100. New roof in 2020. Each apartment has 1 bed 1 bath and is approximately 660 sf. Upstairs units are slightly larger than the lower units. Cash offers only. Sold As Is. Seller will not make repairs. Structural work needed.1N lease exp 02/28/22 $5701S lease exp 05/31/21 $5701W lease exp 02/28/21 $6052W lease exp 10/31/21 $6102E lease exp 06/30/21 $575

Last Agent to Sell the Property

Dawn Collins

@properties/Christie's Intl RE License #RB14036315 Listed on: 02/15/2021

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1861

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • 3,035 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 640924345009000004

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 5 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1861

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1861
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Pets Allowed, Porch
  • Co List Office Mls Id: GNR1094
  • Subdivision Name: None
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.164

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 7144
  • ResoLotSizeUnits: Acres
  • Parcel #: 640924345009000004
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 6819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Dres Pete and Dres Susan
Bought by
Psd Rentals Llc
Current Estimated Value
$361,502

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 12, 2021
Sold by
Young Mens Christian Association Of Valp
Bought by
Dres Pkte and Dres Susan
Seller's Agent
Dawn Collins
@properties/Christie's Intl RE
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%

Purchase Details

Listed on
Feb 15, 2021
Closed on
Feb 12, 2021
Sold by
Chilian Rolando and Chilian Diane
Bought by
Young Mens Crstn Assn Of Valparaiso In I
Seller's Agent
Dawn Collins
@properties/Christie's Intl RE
List Price
$180,000
Sold Price
$180,000

Purchase Details

Closed on
Sep 30, 2016
Sold by
Chilian Properties Llc
Bought by
Chilian Rolando and Chilian Diane
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
Psd Rentals Llc -- None Listed On Document
Dres Pkte -- Chicago Title
Young Mens Crstn Assn Of Valparaiso In I -- None Available
Chilian Rolando -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dres Pete $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $180,000 0.0% $59 / Sq Ft
02/15/2021 02/15/21 For Sale $180,000 -- $59 / 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 $8,265 $376,300 $34,000 $342,300
2023 $8,165 $333,100 $29,700 $303,400
2022 $7,432 $301,800 $29,700 $272,100
2021 $6,592 $254,500 $29,700 $224,800
2020 $7,063 $268,500 $63,300 $205,200
2019 $6,819 $255,700 $63,300 $192,400
2018 $6,522 $244,500 $63,300 $181,200
2017 $6,441 $241,700 $63,300 $178,400
2016 $5,725 $232,700 $71,100 $161,600
2014 $4,535 $221,600 $67,100 $154,500
2013 -- $210,700 $67,600 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR487924

Northwest Indiana Association of REALTORS®

APN: 64-09-24-345-009.000-004