$373,000
SOLD MAY 29, 2025

503 Institute St Valparaiso, IN 46383

3 Beds
3 Baths
1,852 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

12% Below List Price

121 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Central Elementary School Rated A
  • Living Room
  • Tile Flooring

About This Home

As of May 2025

******Seller Now Offering a $3000 Credit towards Rate Buydown*****Welcome to 503 Institute Street, located within walking distance to Downtown Valparaiso. This historic Italianate has been completely renovated yet stills boasts the original Ornate Wooden Brackets around the top of the home. Inside however it is 21st century all the way! The 10 ft ceilings on the Main and Upper Level truly make this home feel Grand. This home features a MAIN FLOOR BEDROOM AND MAIN FLOOR FULL BATHROOM along with a MAIN FLOOR LAUNDRY ROOM!!! The Primary Bedroom is located upstairs and features double closets and a Brand New En Suite Bathroom. A Third Bedroom and an additional Bathroom finish off the upstairs. On the Main Level, you will find updated lighting, neutral vinyl plank flooring throughout and a Gourmet Kitchen with endless Quartz Countertops, a full Stainless Steel Appliance Package and open to the Second Living Room which is perfect for Entertaining. This home has truly been remodeled from top to bottom with upgrades such as Hardy Board Siding, New Windows, New Roof, 2 New AC Units and a Brand New Furnace. The electrical and Plumbing have been been upgraded. The back yard has been cleared and offers plenty of space for a future garage. Schedule your showing today to get your sneak peek at a little piece of Valparaiso History.

Last Agent to Sell the Property

Jillian Kosiara

Seramur Properties, LLC License #RB14041315 Listed on: 12/09/2024

Last Buyer's Agent

Jacquelyn Brubaker

Coldwell Banker Real Estate Gr License #RB21001164

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Landscaped

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bantas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 640924260006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1890
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Laundry Room, Main Level
  • ResoLotFeatures: Back Yard, Landscaped, Level, Cleared
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA902
  • Subdivision Name: Bantas
  • Above Grade Finished Sq Ft: 1852
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Water Heater
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s), High Ceilings, Kitchen Island
  • Basement: Concrete, Unfinished, Sump Pump
  • Flooring: Carpet, Tile, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Awning(s)
  • Acres: 0.2
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No
  • Parcel #: 640924260006000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
May 27, 2025
Sold by
My Property Investments Llc
Bought by
Gish Christopher M and Gish Chelsey J
Seller's Agent
Jillian Kosiara
Seramur Properties, LLC
Buyer's Agent
Jacquelyn Brubaker
Coldwell Banker Real Estate Gr
List Price
$424,900
Sold Price
$373,000
Premium/Discount to List
-$51,900
-12.21%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.11%
Original Mortgage
$366,244
Outstanding Balance
$366,244
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$6,833

Purchase Details

Closed on
Apr 27, 2022
Sold by
Murray & Sullivan Llc
Bought by
My Property Investments Llc

Purchase Details

Closed on
Apr 14, 2022
Sold by
Investments Mc Llc
Bought by
Murray & Sullivan Llc

Purchase Details

Closed on
Nov 20, 2019
Sold by
Nu Era Estates Llc
Bought by
Investments Mc Llc

Purchase Details

Closed on
Apr 30, 2014
Sold by
Lohse Patricia A and Lohse Michael
Bought by
Nu Era Estates Llc

Purchase Details

Closed on
Dec 28, 2009
Sold by
Gray Glenn A
Bought by
Lohse Patricia A
Source: Public Records

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Range of Values:

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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
Warranty Deed $198,000 Shei Janice
Warranty Deed $75,000 Meridian Title
Warranty Deed -- Meridian Title Corp
Sheriffs Deed $114,700 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,244 FHA
Previous Owner $266,700 Construction
Previous Owner $232,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $373,000 -3.1% $201 / Sq Ft
03/10/2025 03/10/25 Price Changed $384,900 -2.5% $208 / Sq Ft
03/05/2025 03/05/25 Price Changed $394,900 -1.3% $213 / Sq Ft
01/26/2025 01/26/25 Price Changed $399,900 -2.4% $216 / Sq Ft
12/30/2024 12/30/24 Price Changed $409,900 -3.5% $221 / Sq Ft
12/09/2024 12/09/24 For Sale $424,900 -- $229 / 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 $6,192 $284,700 $41,600 $243,100
2023 $6,172 $251,800 $36,300 $215,500
2022 $5,651 $229,500 $36,300 $193,200
2021 $5,032 $196,500 $36,300 $160,200
2020 $4,652 $178,700 $33,000 $145,700
2019 $4,474 $169,600 $33,000 $136,600
2018 $4,276 $162,100 $33,000 $129,100
2017 $4,208 $159,700 $33,000 $126,700
2016 $3,746 $154,200 $39,500 $114,700
2014 $1,474 $145,400 $37,300 $108,100
2013 -- $137,700 $37,500 $100,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 813848

Northwest Indiana Association of REALTORS®

APN: 64-09-24-260-006.000-004