$240,000 - $323,313
RENTED MAY 20, 2025

555 S Locust St Unit 1 Valparaiso, IN 46383

1 Bed
1 Bath
650 Sq Ft
2,178 Sq Ft Lot

Last Sold November 02, 2014

Last sale price $700 $1 Per Sq Ft

Est. 40,090% increase in value since last sale

Current estimated payment $1,940/month

Highlights

  • Newly Remodeled
  • Deck
  • No HOA
  • Central Elementary School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of May 2025

This inviting 1 bedroom, main-floor apartment offers versatile sitting area or office space, perfect for working from home or relaxing. Featuring central air, stainless steel appliances, and a mix of hardwood, tile, and carpeted flooring, this unit blends style with comfort. Enjoy the private entrance with a small deck, ideal for morning coffee or unwinding in the fresh air. Located within walking distance to shopping, restaurants, Valparaiso University, and downtown park, this apartment offers both convenience and charm. This apartment is not pet-friendly. No smoking. Not accepting Section 8.

Last Agent to Rent the Property

Karissa Watkins

Century 21 Circle License #RB18000788 Listed on: 03/31/2025

Century 21 Circle

Last Renter's Agent

Karissa Watkins

Century 21 Circle License #RB18000788 Listed on: 03/31/2025

Century 21 Circle

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1880 | Newly Remodeled

Lot Details

  • 2,178

Parking

  • Paved Parking

Interior Spaces

  • 650 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water, sewer, gas
  • The owner pays for common area maintenance, snow removal, grounds care
  • 12 Month Lease Term
  • Assessor Parcel Number 640925205003000004
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Smiths Add Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,455

Year Built

Built in 1880 | Newly Remodeled

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: No
  • Tenant Pays: Electricity, Trash Collection, Water, Sewer, Gas
  • Owner Pays: Common Area Maintenance, Snow Removal, Grounds Care

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1880
  • Reso Property Sub Type: Condominium
  • NumberUnfurnished: Unfurnished
  • ResoLotFeatures: Near Public Transit
  • ResoPoolFeatures: None
  • Reso View: Neighborhood
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Mls Id: NRA1473
  • Subdivision Name: Smiths Add
  • Above Grade Finished Sq Ft: 650
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: Yes
  • AccessibilityFeaturesYN: No
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Disposal
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Carpet, Tile, Hardwood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Lighting
  • Acres: 0.05
  • Waterfront: No
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: On Street, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Valparaiso

Lot Info

  • Parcel #: 640925205003000004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Vukovic Bradley Visnja
Bought by
Locustfield Llc
Current Estimated Value
$281,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$221,911
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$72,673

Purchase Details

Closed on
May 16, 2017
Sold by
Petar Vukovic
Bought by
Visnja Vukovic-Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Us Bank National Association
Bought by
Vukovic Petar

Purchase Details

Closed on
May 12, 2010
Sold by
Kasper Brian T
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 1, 2005
Sold by
Ramos Munos Jose De La Cruz and Ramos Araceli
Bought by
Neighbors Corp

Purchase Details

Closed on
Aug 30, 2005
Sold by
Livovich Patrick A
Bought by
Kasper Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,350
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac
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
Locustfield Llc -- Chicago Title Company Llc
Visnja Vukovic-Bradley $210,000 --
Bradley Visnja Vukovic $210,000 Meridian Title Corp
Vukovic Petar -- Meridian Title Corp
Us Bank National Association $111,350 None Available
Neighbors Corp -- Ticor Title Ins
Kasper Brian T -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locustfield Llc $240,000
Previous Owner Bradley Visnja Vukovic $157,500
Previous Owner Kasper Brian T $98,350
Previous Owner Kasper Brian T $35,125
Previous Owner Livovich Patrick A $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Rented $890 0.0% --
05/16/2025 05/16/25 Under Contract -- -- --
03/31/2025 03/31/25 For Rent $890 0.0% --
11/02/2014 11/02/14 Sold $700 0.0% $1 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $700 -- $1 / 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 $5,455 $247,600 $17,500 $230,100
2023 $5,375 $219,300 $15,300 $204,000
2022 $4,961 $198,200 $15,300 $182,900
2021 $4,337 $166,900 $15,300 $151,600
2020 $4,015 $151,800 $13,900 $137,900
2019 $3,838 $143,100 $13,900 $129,200
2018 $3,643 $135,700 $13,900 $121,800
2017 $3,587 $133,700 $13,900 $119,800
2016 $3,103 $125,100 $16,600 $108,500
2014 $2,432 $117,600 $15,700 $101,900
2013 -- $110,300 $15,800 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Karissa Watkins

    Landlord's Agent in 2025

    Karissa Watkins

    Century 21 Circle

    (708) 790-5706

    9 in this area

    48 Total Sales

    Karissa Watkins
    Section Image
  • Cveta Gass

    Seller's Agent in 2014

    Cveta Gass

    Ned Realty, LLC

    (219) 771-0173

    2 in this area

    52 Total Sales

    Cveta Gass
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 818240

Northwest Indiana Association of REALTORS®

APN: 64-09-25-205-003.000-004

Indiana Porter County Valparaiso 46383

555 S Locust St Unit 1, Valparaiso, IN

This home is located at 555 S Locust St Unit 1, Valparaiso, IN 46383 since 31 March 2025 and is currently priced at $281,328. This property was built in 1880. 555 S Locust St Unit 1 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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