NOT LISTED FOR SALE

507 Locust St Valparaiso, IN 46383

Estimated Value: $226,000 - $289,000

3 Beds
2.5 Baths
1,272 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $182,000 $143 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,519/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Formal Dining Room
  • Central Elementary School Rated A
  • Corner Lot
  • 1.5 Car Detached Garage

About This Home

As of January 2022

Classic Federalist style home on a corner lot in Valpo's desirable downtown area.3 bedrooms, 2.5 baths, hardwood floors, fenced back yard, detached garage.Updated kitchen & baths. Dishwasher 4 yrs, furnace 2 yrs. Currently rented $1400 per month.Sold as is. Subject to tenant's rights. (30 days notice for vacancy).

Last Agent to Sell the Property

Dawn Collins

@properties/Christie's Intl RE License #RB14036315 Listed on: 12/03/2021

@properties/Christie's Intl RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement Cellar

Kitchen

  • Portable Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Valparaiso High School

Utilities

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

Community Details

  • North Valparaiso Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 640924255006000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,535

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1880
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Landscaped, Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR2082
  • Co List Office Mls Id: GNR2082
  • Subdivision Name: North Valparaiso
  • Architectural Style: Cape Cod
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 768
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Formal Dining, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Cellar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Acres: 0.2

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres
  • Parcel #: 640924255006000004
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3535

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Valparaiso High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 26, 2022
Sold by
Farmer Keith D
Bought by
Copeland Chad A
Seller's Agent
Dawn Collins
@properties/Christie's Intl RE
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$258,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,120
Avg. Annual Appreciation
9.93%
Original Mortgage
$176,540
Outstanding Balance
$163,264
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$94,856

Purchase Details

Closed on
Oct 7, 2008
Sold by
Roehrenbeck Tricia Ellen
Bought by
Farmer Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Abner Terry L and Abner Deanna
Bought by
Roehrenbeck Tricia Ellen

Purchase Details

Closed on
Feb 16, 2007
Sold by
Rubarts Barbara L and Estate Of Delora A Miller
Bought by
Abner Terry L and Abner Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,910
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Copeland Chad A $182,000 Chicago Title
Farmer Keith D -- Chicago Title Insurance Co
Roehrenbeck Tricia Ellen -- Chicago Title Insurance Co
Abner Terry L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Chad A $176,540
Previous Owner Farmer Keith D $153,900
Previous Owner Abner Terry L $107,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $182,000 0.0% $143 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $182,000 -- $143 / 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 $1,812 $194,500 $41,600 $152,900
2023 $1,774 $173,300 $36,300 $137,000
2022 $1,754 $160,900 $36,300 $124,600
2021 $3,821 $149,000 $36,300 $112,700
2020 $3,535 $135,600 $33,000 $102,600
2019 $3,419 $129,400 $33,000 $96,400
2018 $3,283 $124,300 $33,000 $91,300
2017 $3,241 $122,800 $33,000 $89,800
2016 $2,944 $121,000 $39,500 $81,500
2014 $1,138 $112,300 $37,300 $75,000
2013 -- $107,200 $37,500 $69,700
Source: Public Records

Agents Affiliated with this Home

  • Dawn Collins

    Seller's Agent in 2022

    Dawn Collins

    @properties/Christie's Intl RE

    (219) 921-3731

    62 in this area

    100 Total Sales

    Dawn Collins
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR504925

Northwest Indiana Association of REALTORS®

APN: 64-09-24-255-006.000-004

Indiana Porter County Valparaiso 46383

507 Locust St, Valparaiso, IN

This home is located at 507 Locust St, Valparaiso, IN 46383 since 03 December 2021 and is currently estimated at $258,120, approximately $202 per square foot. This property was built in 1880. 507 Locust St 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.

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