NOT LISTED FOR SALE

397 Plymouth Rd Valparaiso, IN 46385

Estimated Value: $268,000 - $440,958

6 Beds
4 Baths
2,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $362,000 $139 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,695/month

26 Days on Market

Highlights

  • 0.49 Acre Lot
  • Wood Flooring
  • 4 Car Attached Garage
  • Deck
  • Porch
  • Patio

About This Home

As of January 2022

Unique opportunity for either an investor or a private owner to acquire an entire duplex just minutes away from downtown Valparaiso. Two units: each with 3 bedrooms / 2 full bathrooms and lots of built in storage. Conveniently located 15 min from major highways and train station for easy commute to Chicago. The property offers a spacious open-floor living room with cherry hardwood floors. The kitchen has lots of cabinet space, breakfast island and a spacious pantry. Dark wood kitchen cabinets are complemented by stainless steel appliances. Each unit has a 12x10 private deck that overlooks the backyard.Master suit is large and has en suite full bathroom and a walking closet. All bedrooms have a built-in closet and a ceiling fan. Each unit has a nice size laundry room with washer/dryer and access to attached 2 car garage.As an investor, feel confident that both units are occupied by good tenants who would love to stay.

Last Agent to Sell the Property

Laura Ross

Brokerworks Group License #RB14047975 Listed on: 09/03/2021

Last Buyer's Agent

Brittany Gore

Pinnacle Realty, LLC License #RB17002070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,577

Year Built

  • Built in 2014

Lot Details

  • 0.49 Acre Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Elevator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Portage High School

Utilities

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

Listing and Financial Details

  • Total Actual Rent $31,200
  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 640632151001000015

Community Details

Overview

  • 2 Units
  • Coventry Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • New Taxes Expense $4,810
  • Net Operating Income $4,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,577

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 2014
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Road Surface Type: Concrete
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1855
  • Subdivision Name: Coventry
  • Garage Yn: Yes
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Linoleum
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.49
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Lot Dimensions: irreg
  • Lot Size Sq Ft: 21344
  • ResoLotSizeUnits: Acres
  • Parcel #: 640632151001000015
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 31200

Tax Info

  • New Taxes Expense: 4810

MLS Schools

  • HighSchool: Portage High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Jan 25, 2022
Sold by
Dmitry Kitanin
Bought by
Meisami Alex
Seller's Agent
Laura Ross
Brokerworks Group
Buyer's Agent
Brittany Gore
Pinnacle Realty, LLC
List Price
$362,000
Sold Price
$362,000
Current Estimated Value
$387,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,740
Avg. Annual Appreciation
1.87%
Original Mortgage
$355,443
Outstanding Balance
$328,713
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$59,027

Purchase Details

Closed on
May 29, 2014
Sold by
Northern Homes Llc
Bought by
Kitanin Dmitry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Lake Michigan Development Corp
Bought by
Northern Homes Llc

Purchase Details

Closed on
Aug 14, 2013
Sold by
Myers & Sons Construction
Bought by
Lake Michigan Development Corp

Purchase Details

Closed on
Aug 31, 2007
Sold by
Lake Michigan Development Corp
Bought by
Myers & Sons Construction Co
Source: Public Records

Range of Values:

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Average Value
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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
Meisami Alex -- Fidelity National Title
Meisami Alex $362,000 Fidelity National Title
Kitanin Dmitry -- Fedelity National Title Comp
Northern Homes Llc -- None Available
Lake Michigan Development Corp -- None Available
Myers & Sons Construction Co -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meisami Alex $355,443
Closed Meisami Alex $355,443
Previous Owner Kitanin Dmitry $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $362,000 0.0% $139 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $362,000 -- $139 / 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 $7,577 $419,600 $48,200 $371,400
2023 $4,773 $410,000 $45,900 $364,100
2022 $4,463 $361,100 $45,900 $315,200
2021 $5,323 $281,100 $45,900 $235,200
2020 $4,810 $247,300 $40,000 $207,300
2019 $4,964 $249,500 $40,000 $209,500
2018 $4,828 $240,400 $40,000 $200,400
2017 $4,256 $234,100 $40,000 $194,100
2016 $4,101 $225,700 $35,900 $189,800
2014 $20 $1,000 $1,000 $0
2013 -- $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Ross

    Seller's Agent in 2022

    Laura Ross

    Brokerworks Group

    (219) 741-1330

    2 in this area

    32 Total Sales

    Laura Ross
    Section Image
  • Brittany Gore

    Buyer's Agent in 2022

    Brittany Gore

    Pinnacle Realty, LLC

    (219) 644-8008

    1 in this area

    19 Total Sales

    Brittany Gore
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 500211

Northwest Indiana Association of REALTORS®

APN: 64-06-32-151-001.000-015

Indiana Porter County Valparaiso 46385

397 Plymouth Rd, Valparaiso, IN

This home is located at 397 Plymouth Rd, Valparaiso, IN 46385 since 03 September 2021 and is currently estimated at $387,740, approximately $149 per square foot. This property was built in 2014. 397 Plymouth Rd is a home located in Porter County with nearby schools including South Haven Elementary School, Willowcreek Middle School, and Portage 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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