NOT LISTED FOR SALE

309 Spectacle Dr Valparaiso, IN 46383

Estimated Value: $483,000

6 Beds
4 Baths
3,040 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $450,000 $148 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,127/month

26 Days on Market

Highlights

  • Horses Allowed On Property
  • Views of Trees
  • Deck
  • Cooks Corners Elementary School Rated A
  • 5.5 Acre Lot
  • Wooded Lot

About This Home

As of May 2024

Nestled in a private setting near Loomis Lake discover this very unique duplex on a partially wooded 5+ acres. Short stroll down the Campbell Street Bikeway takes you into Rogers-Lakewood Park and the acres of waterfront, walking trails, pavilions, boat rentals, and disc golf course, as well as wintertime sledding activities. This 6,400 SF building features a total of 6 bedrooms and 4 baths, split evenly per unit. For each 3 BR 2 BA unit, proforma projected market income is truly excellent on each unit with some updating. Could be an excellent related living setup, or consider a single family conversion that would provide you with 3,200 SF +- of main floor living space. Consider finishing part of the additional 3,200 SF in the enormous 12' high ceiling basement with garage door--it's truly amazing for parking, storage, big toys like collector autos/boats/rvs/atvs or as additional living space! Probably can fit 8 cars+. Valpo city water & city sewer service. Washer & dryer are excluded, sale is AS-IS. It would be our pleasure to show you this property, by appointment only with 24 hour notice please.

Last Agent to Sell the Property

Matt Evans

RE/MAX Lifestyles License #RB14034485 Listed on: 03/24/2024

RE/MAX Lifestyles

Last Buyer's Agent

Christopher Fontenot

Absolute Realty Solutions LLC License #RB14044041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,581

Year Built

  • Built in 1972

Lot Details

  • 5.5 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Views of Trees
  • Basement

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Valparaiso High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • 2 Units
  • Center Acreage Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, taxes, insurance
  • Assessor Parcel Number 640901332008000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,581

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Horses Allowed, Wooded
  • ResoPoolFeatures: None
  • Road Frontage Type: County Road
  • Reso View: Trees/Woods
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: CENTER ACREAGE
  • Above Grade Finished Sq Ft: 3040
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Range Hood, Refrigerator
  • Interior Amenities: Eat-in Kitchen, See Remarks, Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Varies
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 5.5
  • Patio And Porch Features: Deck
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 239580
  • ResoLotSizeUnits: Acres
  • Parcel #: 640901332008000003
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: Exterior Maintenance, Taxes, Insurance

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8581.48

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Valparaiso High School

Range of Values:

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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
05/22/2024 05/22/24 Sold $450,000 -3.2% $148 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/24/2024 03/24/24 For Sale $465,000 -- $153 / 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
2021 $8,368 $429,100 $213,600 $215,500
2020 $8,079 $398,200 $193,300 $204,900
2019 $8,142 $390,600 $193,300 $197,300
2018 $7,919 $379,200 $187,200 $192,000
2017 $7,808 $376,200 $187,200 $189,000
2016 $7,071 $363,700 $181,700 $182,000
2014 $5,541 $332,600 $169,200 $163,400
2013 -- $309,800 $160,300 $149,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Evans

    Seller's Agent in 2024

    Matt Evans

    RE/MAX

    (219) 241-8401

    130 in this area

    273 Total Sales

    Section Image
  • Christopher Fontenot

    Buyer's Agent in 2024

    Christopher Fontenot

    Absolute Realty Solutions LLC

    (219) 576-2948

    3 in this area

    13 Total Sales

    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801225

Northwest Indiana Association of REALTORS®

APN: 64-09-01-332-008.000-003

Indiana Porter County Valparaiso 46383

309 Spectacle Dr, Valparaiso, IN

This home is located at 309 Spectacle Dr, Valparaiso, IN 46383 since 24 March 2024 and is currently priced at $483,000, approximately $158 per square foot. This property was built in 1972. 309 Spectacle Dr is a home located in Porter County with nearby schools including Cooks Corners Elementary School, Thomas Jefferson 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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