NOT LISTED FOR SALE

362 Morgan Blvd Valparaiso, IN 46383

Estimated Value: $216,869

6 Beds
2.5 Baths
1,194 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $122,500 $103 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,390/month

138 Days on Market

Highlights

  • Wood Flooring
  • Central Elementary School Rated A
  • Forced Air Heating System

About This Home

As of October 2015

Wonderful investment property. 2 separate units; you can live in one and rent out the other or rent them both. Currently the front (larger) unit rented for $850 and the back for $775 per month. Front unit has 7 rooms with 3 bedrooms and one bath with 1194 square feet. The back unit has 6 rooms with 3 bedrooms and 1 1/2 baths. Units are vacant and have been completed cleaned and ready for new occupants.

Last Agent to Sell the Property

Valerie Rosenblum

McColly Real Estate License #RB14039624 Listed on: 05/01/2015

McColly Real Estate

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,742 Sq Ft Lot
  • Lot Dimensions are 62x141

Home Design

  • Brick Foundation

Interior Spaces

  • 1,194 Sq Ft Home
  • Elevator
  • Laundry in unit
  • Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Parking Spaces
  • 1 Carport Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $19,500
  • Tenant pays for electricity, sewer, water, gas
  • Assessor Parcel Number 640924386011000004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,844
  • New Taxes Expense $2,285
  • Net Operating Income $14,517

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA233
  • Subdivision Name: na
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Partial
  • Flooring: Carpet, Linoleum, Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.2007
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 62x141
  • Lot Size Sq Ft: 8742
  • Parcel #: 640924386011000004

Rental Info

  • Tenant Pays: Electricity, Sewer, Water, Gas
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1844
  • Total Actual Rent: 19500

Tax Info

  • New Taxes Expense: 2285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Oct 19, 2015
Sold by
Sonlight Investments Inc
Bought by
Valparaiso City Utilities
Seller's Agent
Valerie Rosenblum
McColly Real Estate
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$216,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,369

Purchase Details

Closed on
Feb 16, 2005
Sold by
Haack Debra A
Bought by
Sommer Nicholas and Sommer Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valparaiso City Utilities -- Community Title Co
Sommer Nicholas -- Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sommer Nicholas $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2015 10/19/15 Sold $122,500 0.0% $103 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $122,500 -- $103 / 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 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $20 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $20 $0 $0 $0
2014 $2,342 $116,100 $36,100 $80,000
2013 -- $110,400 $36,300 $74,100
Source: Public Records

Agents Affiliated with this Home

  • Valerie Rosenblum

    Seller's Agent in 2015

    Valerie Rosenblum

    McColly Real Estate

    (219) 241-3585

    25 in this area

    59 Total Sales

    Valerie Rosenblum
    Section Image

  • N

    Buyer's Agent in 2015

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 370506

Northwest Indiana Association of REALTORS®

APN: 64-09-24-386-024.000-004

Indiana Porter County Valparaiso 46383

362 Morgan Blvd, Valparaiso, IN

This home is located at 362 Morgan Blvd, Valparaiso, IN 46383 since 01 May 2015 and is currently priced at $216,869, approximately $181 per square foot. This property was built in 1890. 362 Morgan Blvd 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.

Nearby Homes