NOT LISTED FOR SALE

507 Walnut Ridge Ln Valparaiso, IN 46385

Estimated Value: $384,000 - $1,085,000

4 Beds
2.5 Baths
2,940 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $377,000 $128 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,267/month

26 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • No HOA
  • Union Township Middle School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of September 2023

Welcome to this enchanting 2 story 4-bed, 3-bath home in Union Township, situated on a large corner lot. Enjoy evenings on the cozy front porch before entering to a warm living room with a gas fireplace. The adjacent formal dining room opens to a spacious kitchen, featuring a breakfast nook and access to a large deck with an above-ground pool, surrounded by a vinyl privacy fence. The upper level hosts a master suite complete with a double sink 3/4 bath and a large walk-in closet, along with three additional generous bedrooms and a large guest bath. The lower level surprises with a finished, vast rec room, ideal for a home theater, gym, or playroom - the possibilities are endless. With no HOA fees and located within the desirable Wheeler Schools district, this home is a rare opportunity waiting for your personal touch.

Last Agent to Sell the Property

Eric Lopez

RE/MAX Realty Associates License #RB14044362 Listed on: 07/18/2023

RE/MAX Realty Associates

Last Buyer's Agent

Jenni Walker

Real Broker, LLC License #RB18001905

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Oven
  • Dryer
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 640905480001000019

Community Details

Overview

  • No Home Owners Association
  • Walnut Rdg 02 Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Paved
  • ResoPoolFeatures: Above Ground
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA337
  • Subdivision Name: Walnut Rdg 02
  • Above Grade Finished Sq Ft: 2040
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, None, Oven, Refrigerator
  • Basement: Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 900
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.377
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 16422
  • Parcel #: 640905480001000019

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 18, 2023
Sold by
Dejesus Carlos A
Bought by
Shea Meggie M and Shea Michael A
Seller's Agent
Eric Lopez
RE/MAX Realty Associates
Buyer's Agent
Jenni Walker
Real Broker, LLC
List Price
$379,900
Sold Price
$377,000
Premium/Discount to List
-$2,900
-0.76%
Views
24
Current Estimated Value
$576,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,573
Avg. Annual Appreciation
22.42%
Original Mortgage
$370,171
Outstanding Balance
$362,320
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$214,253

Purchase Details

Closed on
Aug 26, 2011
Sold by
Conrad Brent G
Bought by
Dejesus Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
4.59%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2007
Sold by
Gallaspy Gerald
Bought by
Conrad Brent G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,108
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Stonegate Homes Llc
Bought by
Gallaspy Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,317
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2005
Sold by
Walnut Ridge Llc
Bought by
Stonegate Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.68%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Shea Meggie M -- Chicago Title
Dejesus Carlos A -- Meridian Title Corp
Conrad Brent G -- Ticor Title Insurance
Gallaspy Gerald -- Ticor Title Insurance
Stonegate Homes Llc -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Meggie M $370,171
Previous Owner Dejesus Carlos A $209,549
Previous Owner Conrad Brent G $216,108
Previous Owner Gallaspy Gerald $160,317
Previous Owner Stonegate Homes Llc $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $377,000 -0.8% $128 / Sq Ft
07/21/2023 07/21/23 For Sale $379,900 -- $129 / 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 $2,628 $341,600 $44,200 $297,400
2023 $2,488 $338,500 $42,500 $296,000
2022 $2,346 $308,900 $42,500 $266,400
2021 $2,206 $275,600 $42,500 $233,100
2020 $2,065 $253,500 $37,000 $216,500
2019 $2,118 $256,100 $37,000 $219,100
2018 $2,137 $240,300 $37,000 $203,300
2017 $1,795 $227,100 $37,000 $190,100
2016 $1,885 $237,000 $36,500 $200,500
2014 $1,893 $229,800 $34,100 $195,700
2013 -- $221,000 $34,900 $186,100
Source: Public Records

Agents Affiliated with this Home

  • Eric Lopez

    Seller's Agent in 2023

    Eric Lopez

    RE/MAX

    (219) 798-3181

    2 in this area

    73 Total Sales

    Eric Lopez
    Section Image
  • Jenni Walker

    Buyer's Agent in 2023

    Jenni Walker

    Real Broker, LLC

    (219) 798-4619

    49 in this area

    275 Total Sales

    Jenni Walker
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Walker

    Listing Leaders Select, LLC

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 533767

Northwest Indiana Association of REALTORS®

APN: 64-09-05-480-001.000-019

Indiana Porter County Valparaiso 46385

507 Walnut Ridge Ln, Valparaiso, IN

This home is located at 507 Walnut Ridge Ln, Valparaiso, IN 46385 since 18 July 2023 and is currently estimated at $576,573, approximately $196 per square foot. This property was built in 2005. 507 Walnut Ridge Ln is a home located in Porter County with nearby schools including Union Township Middle School, Wheeler High School, and Emmanuel Baptist Academy.

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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