NOT LISTED FOR SALE

506 Park Ave Chesterton, IN 46304

Estimated Value: $223,000 - $276,000

3 Beds
2 Baths
1,287 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 506 Park Ave, Chesterton, IN 46304 and is currently estimated at $250,270, approximately $194 per square foot. 506 Park Ave is a home located in Porter County with nearby schools including Bailly Elementary School, Westchester Intermediate School, and Chesterton Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
J Ross Personal Trust and Ross James F
Bought by
Petrocelli William T and Petrocelli Allena J
Current Estimated Value
$250,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$220,924
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$38,410
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.

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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.

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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.

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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.

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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
Petrocelli William T -- Greater Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrocelli William T $220,924
Source: Public Records

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 $2,139 $222,000 $37,400 $184,600
2023 $2,060 $201,200 $33,300 $167,900
2022 $2,040 $183,600 $33,300 $150,300
2021 $2,043 $181,800 $33,300 $148,500
2020 $1,976 $175,900 $31,900 $144,000
2019 $1,796 $160,200 $31,900 $128,300
2018 $1,717 $153,400 $31,900 $121,500
2017 $1,644 $154,000 $31,900 $122,100
2016 $1,278 $133,100 $34,100 $99,000
2014 $1,254 $123,800 $31,900 $91,900
2013 -- $118,000 $32,300 $85,700
Source: Public Records

Map

Indiana Porter County Chesterton 46304

506 Park Ave, Chesterton, IN

This home is located at 506 Park Ave, Chesterton, IN 46304 and is currently estimated at $250,270, approximately $194 per square foot. 506 Park Ave is a home located in Porter County with nearby schools including Bailly Elementary School, Westchester Intermediate School, and Chesterton Middle School.

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