$419,000
SOLD AUG 27, 2025

387 Franciscan Dr Valparaiso, IN 46385

6 Beds
4 Baths
2,528 Sq Ft
0.29 Acres

Recently Sold

$166 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Patio
  • Landscaped

About This Home

As of August 2025

Fantastic investment opportunity or ideal for multi-generational living. This well-maintained duplex features two separate units, each offering 3 bedrooms, 2 full bathrooms, an open-concept living space and attached garages for added convenience. Separate entrances, private back yards, convenient location. Whether you are looking to expand your portfolio or live in one unit while renting out the other, this duplex offers flexibility and value - great rental or owner-occupant potential!

Last Agent to Sell the Property

Julie Glidewell

ATL Property Management Servic License #RB14050354 Listed on: 07/22/2025

Last Buyer's Agent

Kristina Petrinjac

McColly Real Estate License #RB24000919

McColly Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water, gas
  • The owner pays for trash collection
  • Rent includes trash collection
  • Assessor Parcel Number 640632102016000015

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Coventry Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,048

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Back Yard, Corner Lot, Landscaped, Front Yard, Few Trees
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA2104
  • Subdivision Name: Coventry
  • Above Grade Finished Sq Ft: 2528
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Private Yard
  • Acres: 0.29
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Faces Front

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection
  • Association: No

Lot Info

  • Lot Size Sq Ft: 12632
  • Additional Parcels: No
  • Parcel #: 640632102016000015

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Electricity, Water, Gas
  • Owner Pays: Trash Collection

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6048

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2025
Closed on
Aug 26, 2025
Sold by
Mount Jason A
Bought by
Skurteski Angel
Seller's Agent
Julie Glidewell
ATL Property Management Servic
Buyer's Agent
Kristina Petrinjac
McColly Real Estate
List Price
$419,000
Sold Price
$419,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.11%
Original Mortgage
$377,100
Outstanding Balance
$377,100
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$36,633

Purchase Details

Closed on
Oct 18, 2012
Sold by
Johnson James A and Johnson Anita C
Bought by
Mount Jason A and Johnson James A

Purchase Details

Closed on
Dec 19, 2007
Sold by
Myers & Sons Construction Co
Bought by
Johnson James A and Johnson Anita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
Lake Michigan Development Corp
Bought by
Myers & Sons Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Liberty Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- Ticor Title Insurance
Corporate Deed -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $377,100 New Conventional
Previous Owner $164,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $183,000 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $419,000 0.0% $166 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $419,000 -- $166 / 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 $6,348 $363,100 $35,500 $327,600
2023 $5,697 $355,300 $33,800 $321,500
2022 $5,415 $312,400 $33,800 $278,600
2021 $5,462 $288,600 $33,800 $254,800
2020 $3,418 $254,100 $29,400 $224,700
2019 $3,539 $256,700 $29,400 $227,300
2018 $3,426 $246,900 $29,400 $217,500
2017 $2,900 $242,200 $29,400 $212,800
2016 $2,896 $234,600 $26,400 $208,200
2014 $3,241 $237,800 $26,500 $211,300
2013 -- $246,800 $29,300 $217,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 824708

Northwest Indiana Association of REALTORS®

APN: 64-06-32-102-016.000-015