NOT LISTED FOR SALE

509 Timber Point Dr Valparaiso, IN 46385

Porter County Neighborhood

Estimated Value: $732,000 - $1,105,000

5 Beds
5.5 Baths
5,111 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $650,000 $127 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,476/month

106 Days on Market

Highlights

  • In Ground Pool
  • 2.03 Acre Lot
  • 1 Fireplace
  • Union Township Middle School Rated A-
  • Wood Flooring
  • 6 Car Garage

About This Home

As of July 2017

This stunning all brick residence sits on 2 acres and is only 45 miles from Downtown Chicago. Included with this estate is a large carriage house with living quarters, office, full bath, and 3 car garage . The main house has been custom built and outfitted with the best equipment and upgrades. Main floor master, gourmet kitchen, keeping room, office, living room, 4 seasons room, formal dining room, and full sound system, internet, and security through out. Upstairs there are 3 large bedrooms and a family/game room. In the basement there is a wine tasting room, home theater, exercise room, billiards area, and large rec room. Outside there is an in-ground pool with auto cover and laminar accent lighting and stream, pool house, 2 generators, irrigation system, play set, fireplace, storage shed, and amazing landscaping. All new flooring, paint, crown moulding, and chair mold throughout the home. Whole house RO system is state of the art. Too many amenities to list. Qualified buyers only

Last Agent to Sell the Property

Shawn Spaw

Stray Dog Properties, LLC License #RB14035996 Listed on: 03/23/2017

Last Buyer's Agent

Anil Bhalla

Listing Leaders Northwest License #RB15001458

Listing Leaders Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,240

Year Built

  • Built in 2007

Lot Details

  • 2.03 Acre Lot
  • Fenced
  • Landscaped

Parking

  • 6 Car Garage
  • Garage Door Opener

Home Design

  • Coach House
  • Brick Foundation

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Home Security System
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Schools

  • Wheeler High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 640825427010000019

Community Details

Overview

  • Property has a Home Owners Association
  • Greg Valenti Association, Phone Number (219) 746-8729
  • Timber Point Sub Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,240

Year Built

Built in 2007

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Landscaped, Level, Open Lot, Paved, Sprinklers In Front, Sprinklers In Rear
  • ResoPoolFeatures: In Ground
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: NRA2257
  • Subdivision Name: Timber Point Sub
  • Above Grade Finished Sq Ft: 3544
  • Architectural Style: Coach Home
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Reso Other Structures: Pool House, Shed(s), Storage
  • Property Attached Yn: No
  • AuctionYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Other, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1567
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Acres: 2.03
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Attached, Detached, Garage Door Opener, Heated Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Curbs
  • Association Fee: 346
  • Association Name: Greg Valenti
  • Phone: 219-746-8729
  • Association: Yes

Schools

  • Junior High Dist: Union Township

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 88427
  • Parcel #: 640825427010000019

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6240

MLS Schools

  • HighSchool: Wheeler High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jul 25, 2017
Sold by
Thomas Ampeliotis
Bought by
Matthew and Carla
Seller's Agent
Shawn Spaw
Stray Dog Properties, LLC
Buyer's Agent
Anil Bhalla
Listing Leaders Northwest
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$907,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,096
Avg. Annual Appreciation
4.15%
Original Mortgage
$445,000
Outstanding Balance
$370,816
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$536,280

Purchase Details

Closed on
Oct 26, 2016
Sold by
Ampeliotis Katherine
Bought by
Ampeliotis Thomas

Purchase Details

Closed on
Jul 9, 2007
Sold by
Ampeliotis Katherine
Bought by
Ampeliotis Thomas and Ampeliotis Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2006
Sold by
Ampeliotis Katherine
Bought by
Wilson Kerry G and Kustom Homes By Kerry
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
Matthew $650,000 --
Sullivan Matthew W $650,000 Chicago Title Insurance Co
Ampeliotis Thomas -- None Available
Ampeliotis Thomas -- None Available
Ampeliotis Katherine -- None Available
Wilson Kerry G -- Ticor Title Insurance
Ampeliotis Katherine -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Matthew W $445,000
Previous Owner Ampeliotis Katherine $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $650,000 0.0% $127 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $650,000 -- $127 / 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 $7,776 $826,400 $89,800 $736,600
2023 $7,636 $822,100 $86,200 $735,900
2022 $7,536 $768,200 $86,200 $682,000
2021 $7,908 $759,600 $86,200 $673,400
2020 $7,611 $706,000 $78,400 $627,600
2019 $7,746 $710,600 $78,400 $632,200
2018 $7,902 $666,700 $78,400 $588,300
2017 $6,903 $649,500 $78,400 $571,100
2016 $6,080 $588,000 $79,700 $508,300
2014 $6,421 $594,400 $74,500 $519,900
2013 -- $573,400 $76,100 $497,300
Source: Public Records

Agents Affiliated with this Home

  • Shawn Spaw

    Seller's Agent in 2017

    Shawn Spaw

    Stray Dog Properties, LLC

    (219) 617-7802

    33 in this area

    332 Total Sales

    Shawn Spaw
    Section Image
  • Anil Bhalla

    Buyer's Agent in 2017

    Anil Bhalla

    Listing Leaders Northwest

    (216) 375-7533

    5 in this area

    124 Total Sales

    Anil Bhalla
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 411129

Northwest Indiana Association of REALTORS®

APN: 64-08-25-427-010.000-019

Indiana Porter County Valparaiso 46385 Porter County

509 Timber Point Dr, Valparaiso, IN

This home is located at 509 Timber Point Dr, Valparaiso, IN 46385 since 23 March 2017 and is currently estimated at $907,096, approximately $177 per square foot. This property was built in 2007. 509 Timber Point Dr is a home located in Porter County with nearby schools including Union Township Middle School and Wheeler 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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