NOT LISTED FOR SALE

353 Jefferson St Valparaiso, IN 46383

Estimated Value: $267,000 - $311,000

3 Beds
3 Baths
1,798 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $228,500 $127 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,054/month

33 Days on Market

Highlights

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

About This Home

As of August 2022

Golden opportunity to broaden your investment property portfolio with this charming three-unit property in the heart of desirable downtown Valparaiso. Home has been well-maintained and has much to offer potential tenants, particularly students with its proximity to both the university and the heart of downtown. Expansive kitchen, glossy hardwood floors, sizable yard, welcoming large front porch, and a detached two-car garage with additional off-street parking. The house also offers a basement for additional storage and with laundry facilities. This darling also has the option of being converted back to a single-family residence if so desired with minimum efforts. Seize the chance to own this no-fail income property and schedule your showing today!

Last Agent to Sell the Property

Audrey Lemmons

Coldwell Banker Realty License #RB14051394 Listed on: 06/29/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 1,798 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Detached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 640924311004000004

Community Details

Overview

  • 3 Units
  • Hammells Sub Subdivision

Amenities

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,871

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: Common Laundry, Porch, Storage
  • Co List Office Mls Id: GNR1325
  • Subdivision Name: Hammells Sub
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.2

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Detached, Off Street, Other

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Size Sq Ft: 8712
  • Parcel #: 640924311004000004

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 31, 2022
Sold by
353 Jefferson Bpm Llc
Bought by
Gadzinski Sarah
Seller's Agent
Audrey Lemmons
Coldwell Banker Realty
List Price
$228,500
Sold Price
$228,500
Current Estimated Value
$287,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,061
Avg. Annual Appreciation
7.70%
Original Mortgage
$171,375
Outstanding Balance
$163,382
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$124,179

Purchase Details

Closed on
Apr 29, 2021
Sold by
Biggs Matthew
Bought by
353 Jefferson Bpm Llc

Purchase Details

Closed on
Feb 23, 2021
Sold by
353 Jefferson Bpm Llc
Bought by
Biggs Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,100
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2018
Sold by
Rogge Douglas A
Bought by
353 Jefferson Bpm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 26, 2017
Sold by
Dillabaugh Daniel L and Dillabaugh Holly E
Bought by
Rogge Douglas A
Seller's Agent
Lisa Moore
Listing Leaders
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$116,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Harter Russell W
Bought by
Dillabaugh Daniel L and Dillabaugh Holly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.9%
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
Gadzinski Sarah -- None Listed On Document
353 Jefferson Bpm Llc -- None Available
Biggs Matthew -- None Available
353 Jefferson Bpm Llc -- Meridian Title Corp
Rogge Douglas A -- Meridian Title Corp
Dillabaugh Daniel L -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadzinski Sarah $171,375
Previous Owner Biggs Matthew $238,100
Previous Owner 353 Jefferson Bpm Llc $132,000
Previous Owner Rogge Douglas A $116,250
Previous Owner Dillabaugh Daniel L $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $228,500 0.0% $127 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $228,500 +47.4% $127 / Sq Ft
04/28/2017 04/28/17 Sold $155,000 0.0% $86 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $155,000 -- $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 $6,276 $285,700 $41,600 $244,100
2023 $5,778 $253,600 $36,300 $217,300
2022 $5,718 $232,200 $36,300 $195,900
2021 $5,272 $205,000 $36,300 $168,700
2020 $4,871 $186,300 $33,000 $153,300
2019 $4,685 $176,800 $33,000 $143,800
2018 $4,484 $168,500 $33,000 $135,500
2017 $4,416 $155,000 $33,000 $122,000
2016 $3,926 $160,000 $39,500 $120,500
2014 $3,079 $150,800 $37,300 $113,500
2013 -- $142,800 $37,500 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515221

Northwest Indiana Association of REALTORS®

APN: 64-09-24-311-004.000-004