$240,000
SOLD DEC 13, 2024

508 Franklin St Valparaiso, IN 46383

4 Beds
3 Baths
1,844 Sq Ft
9,888 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

20% Below List Price

11 Days on Market

Highlights

  • Deck
  • No HOA
  • 6 Car Detached Garage
  • Central Elementary School Rated A
  • Neighborhood Views
  • Front Porch

About This Home

As of December 2024

3 unit apartment building just a few blocks from Central Park and all that Valpo's downtown has to offer! 2 bedroom unit on the main floor, and (2) 1 bed units on second floor with private entrances. Upper units are leased and main floor is currently vacant for ease of showings. Utilities metered separately. Great rental history and opportunity for the right investor! Call your Broker today to arrange a private showing.

Last Agent to Sell the Property

Jeffrey Sederberg

Evolution Real Estate Solution License #RB14026305 Listed on: 11/19/2024

Co-Listed By

ken Blaney

Evolution Real Estate Solution License #RB14050646

Last Buyer's Agent

ken Blaney

Evolution Real Estate Solution License #RB14050646

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,560

Year Built

  • Built in 1880

Lot Details

  • Landscaped

Parking

  • 6 Car Detached Garage

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for hot water, water, trash collection, taxes, sewer, insurance
  • Rent includes sewer, water, trash collection
  • Assessor Parcel Number 64-09-24-182-004.000-004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Powells Add Subdivision

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,560

Year Built

Built in 1880

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Year Built: 1880
  • Reso Property Sub Type: Apartment
  • ResoLaundryFeatures: In Basement, Laundry Room
  • ResoLotFeatures: Back Yard, Near Public Transit, Few Trees, Landscaped, Front Yard, City Lot
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: NRA804
  • Co List Office Phone: (219) 462-0141
  • Co List Office Mls Id: NRA804
  • Subdivision Name: Powells Add
  • Above Grade Finished Sq Ft: 1844
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Garage(s), Second Garage
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Range, Gas Water Heater, Free-Standing Refrigerator, Exhaust Fan
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Basement: Exterior Entry, Storage Space, Unfinished
  • Flooring: Varies
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Entrance
  • Fencing: None
  • Acres: 0.227
  • Waterfront: No
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Front Porch
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Alley Access, Detached, Shared Driveway, On Street, On Site, Garage Faces Rear, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected, Phone Available
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Unit Control, Varies by Unit, Separate Meters, Individual Unit, Natural Gas, Forced Air, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Restaurant, Sidewalks, Park
  • Senior Community: No
  • HOA Rent Includes: Sewer, Water, Trash Collection
  • Association: No

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Lot Dimensions: 75 X 132
  • Lot Size Sq Ft: 9888
  • Additional Parcels: No
  • Parcel #: 64-09-24-182-004.000-004
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: No
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Hot Water, Water, Trash Collection, Taxes, Sewer, Insurance

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5560

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 13, 2024
Sold by
Kirkpatrick Robert Keith and Kirkpatrick Rebecca S
Bought by
Psd Rentals Llc
Seller's Agent
Jeffrey Sederberg
Evolution Real Estate Solution
Buyer's Agent
ken Blaney
Evolution Real Estate Solution
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%
Views
20
Current Estimated Value
$240,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464
Avg. Annual Appreciation
0.24%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed $240,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $240,000 -19.7% $130 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $299,000 -- $162 / 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 $5,620 $254,200 $47,300 $206,900
2023 $5,560 $226,500 $41,300 $185,200
2022 $5,164 $209,300 $41,300 $168,000
2021 $4,963 $191,100 $41,300 $149,800
2020 $4,590 $173,600 $37,500 $136,100
2019 $4,428 $165,100 $37,500 $127,600
2018 $4,234 $157,900 $37,500 $120,400
2017 $4,190 $156,400 $37,500 $118,900
2016 $3,773 $152,500 $44,900 $107,600
2014 $2,993 $145,000 $42,400 $102,600
2013 -- $137,800 $42,700 $95,100
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Sederberg

    Seller's Agent in 2024

    Jeffrey Sederberg

    Evolution Real Estate Solution

    (219) 929-7840

    19 in this area

    26 Total Sales

    Jeffrey Sederberg
    Section Image

  • k

    Seller Co-Listing Agent in 2024

    ken Blaney

    Evolution Real Estate Solution

    (219) 462-0141

    18 in this area

    24 Total Sales

    ken Blaney
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 813176

Northwest Indiana Association of REALTORS®

APN: 64-09-24-182-004.000-004

Indiana Porter County Valparaiso 46383

508 Franklin St, Valparaiso, IN

This home is located at 508 Franklin St, Valparaiso, IN 46383 and is currently priced at $240,000, approximately $130 per square foot. This property was built in 1880. 508 Franklin 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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